The concluding part of our series on what advisors learned in their practice which helped them succeed.
Dilshad Billimoria, Dilzer Consultants
1) Strive for excellence more than perfection. The results are more fulfilling. Exercise at least three times a week to bring focus to your work and peace of mind. Listen to your body and eat healthy as part of your long term planning for health and fitness so that you can reap the benefits of your retirement income sensibly!
2) Never give up! Just like the power of compounding works best over the years, so does power of hope, which compounds positive outcomes!
Shifali Satsangee, Funds Vedaa
1. 2013 has been more about sharply adding value to my persona by acquiring new skills like public speaking. Today I am in a better position to address people effectively, since my communication with large groups has increased over the year.
2. Another key learning has been to network with people in or out of my professional circle by attending conferences, being part of panel discussions, knowledge summits which helped me broaden my perspective about business as a whole. This added a new dimension to my approach towards my practice by making my thought process more progressive and inspiring me to set higher benchmarks/goals to beat.
Vinayak Sapre – VVS Ventures
1. Corporatization of business is the need of the hour. It’s very important to give a corporate look to the business. People prefer professional approach. Corporatization helps build better brand value and instills confidence amongst the clients.
2. Continuous learning is important, even if I have to pay a significant amount. In 2013 I invested time and money in attending ‘Seven stages of money maturity’ program. Technology is one area which requires continuous learning.
Vishal Dhawan, Plan Ahead Wealth Advisors
1. A well designed and executed asset allocation strategy across multiple asset classes and multiple geographies continues to be the best way to protect portfolios from an extremely volatile external environment that is constantly changing with incremental data points.
2. Regulatory changes, though challenging in the short term, can have a significant positive outcome on how businesses and business models can be built and structured for longer term growth.
