Knowledge is Power and Arrogance is your Downfall!
Kavita Bothra
Mentor of money matters | Founder - Primassure LLP | Inspiring a thousand families onto the journey of financial liberation, one step at a time. Writer -SundayReads | I write on Behavioural Finance | Retirement Solutions
Knowledge is power and Wisdom is Strength. - Anon
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Dear Investors & Friends:
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Welcome to this edition of the SundayReads.
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In the ever-evolving world of finance, knowledge is undoubtedly the cornerstone. Professionals spend years honing their skills and gathering insights to provide the best advice to their clients. However, as the saying goes, "With great power comes great responsibility." This responsibility is not just to possess knowledge but to deliver it with wisdom, humility, and most importantly, empathy.
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A recent interaction with a potential client shed light on this crucial aspect. My colleague, exemplary in his research and track record in the fintech sector, perhaps allowed his enthusiasm to overshadow his ability to truly listen. While his intentions were driven by passion for his craft, his method unfortunately came across as arrogant. The result? A client who felt unheard, undervalued, and dismissed.
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This incident was an unsettling reminder that pure knowledge, regardless of how vast, doesn't always translate to success. Wisdom, on the other hand, is the judicious application of that knowledge, keeping in mind the emotions and experiences of those we interact with.
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Knowledge is an accumulation of information, gleaned from years of education and experience. But true success lies in the application of this knowledge, which we term as wisdom. Knowledge without empathy can indeed come across as arrogance. This lack of sensitivity can alienate clients, potentially causing irreversible damage to relationships and reputations.
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To illustrate, consider my encounter with Dr. Hegde, a top-tier orthopaedic surgeon. He exuded confidence, and patients, including myself, often leaned on his every word. Yet, when I once expressed concern over a procedure for my torn ligament, his brusque reply was, "I know what I'm doing." While he wasn't wrong, his response lacked the warmth and understanding I needed at that vulnerable moment. Feeling dismissed, I sought another opinion, casting a small shadow on Dr. Hegde's otherwise brilliant reputation.
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This is not an isolated event. Countless professionals, armed with vast knowledge, forget the human aspect of their interactions. A potential client or a worried patient, comes with a unique set of emotions, experiences, and understanding. Acknowledging and respecting these emotions is as critical as the service itself.
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As true professional it is important to remain grounded, realizing that our role is not just to advise, but also to guide, comfort, and sometimes, just to listen. Knowledge empowers, and it's our approach to dispensing it that defines our success. We're also here to support, understand, and sometimes, to simply lend a listening ear. After all, in a world rich in information, it's the genuine human connections that make all the difference.
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Until the next week and the next SundayRead, Ciao.
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Sincerely,
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Kavita Bothra
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Helping you think thoughts you may not have thought before.
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MRICS
6 个月Great article … simple but an essential skill all too often overlooked ??
Financial Planner at Krishna Finzplan, Bangalore (Branch Head) I’ll help you achieve financial freedom | Personal Finance Professional | Planning for Financial Goals | Retirement Planning | Risk Management |
1 年So true
Founder Director VEEZ - VEEZINSURE Insurance Broking || VEEZ Capital
1 年Very Well defined !!
I help young and old alike to help achieve their Financial dreams through goal based approach. Do follow my posts and contact for free session | Personal Finance Professional
1 年Well said