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Prasad Nilantha
Senior Finance Manager at Infracare Facilities Management
Prasad Nilantha is a highly experienced finance executive with over 20 years of diverse experience in B2B & B2C industries, including Manufacturing, Construction, Facilities Management, Hospitality, Investments, Transport, Trading, Retail, and Education across regions like GCC, South Asia, East Asia, Africa.
He holds a Chartered Accountant certification and a Bsc Business Administration (Special) degree, bringing a strong educational foundation to his professional expertise.
With extensive financial management and leadership experience, Prasad has worked in large corporations to startups, consistently driving growth and profitability.
His problem-solving approach is innovative and adaptive, leveraging both qualitative and quantitative data to develop effective business solutions.
Prasad has a broad managerial background encompassing accounting, FP&A, R&D finance, product management, pricing, and international team leadership, focusing on functional excellence and business performance.
He possesses strong cross-functional communication skills, enabling him to effectively engage with executive leadership and drive organizational success.
Highlights
⚛️ Solving for Net Fulfillment, Rather than Net Worth
"The relationship between time, health, and money"
"The utility of money changes across different phases of one’s life.
So we’ve established that optimizing solely for wealth will likely leave you with a lot of money to spend on experiences later in life; but if you wait until then, the time and health required for many of the things you want to do will have passed.
Once a life phase passes, we can’t get it back. So when we talk about maximizing fulfillment, we have to think about all of the experiences we want, and at which phases those experiences will be best suited.
To visualize how health plays a role over time, let’s use the following hypothetical chart.
The green arrow ("Regret Gap") between wealth and health represents an inability to enjoy certain experiences, even if we can afford them.
It stands to reason, then, that we should try to push out our health curve to the right (by taking better physical, mental & emotional care of ourselves early-on), while also adjusting our net worth curve like we mentioned before, to minimize the Regret Gap. Something more like the following graph.
In this example, sure our wealth builds more slowly (because we exchanged the opportunity to earn more money early for additional free time and better health), but a lot of the things we want to do early-on in life require health and time, not money. The things that require money and time (more so than health) should be saved for the later years.
Since we need all three to earn experience points, trading health and time for money actually means we end up with a larger Regret Gap — more things we can afford to experience but can't because we don't have the time and/or health required to do so.
There’s an inflection point where net worth should start declining.
If you’re doing it right, you wouldn’t want to leave anything on the table when it’s all over, right? This concept is what Bill Perkins means when he says “Die with Zero”.
You want to use all of your resources to maximize your experience points. Those experiences are what make you you.
We were all put on this earth to do more than just accumulate money. Money is a crucial component of maximizing fulfillment, but we should be aware of the tradeoffs and reflect on what we truly want to do with it.
Experiences make us rich."
- By Owen Stoneking https://lnkd.in/gFQdvsfq
#learningthroughpn
