The R factor question is the best concept I learned from my coach.
In this episode, I'm going to address how to have the proper mindset when setting goals.
Get ready, this is a game-changing concept.
So, my name's Doug Andrew and I've been helping thousands of people prepare for a comfortable
retirement primarily by optimizing their financial assets but also the other assets on your family
balance sheet, your family, your relationships, your faith, your health, your wisdom, your knowledge, and
so we call this the three-dimensional approach to authentic wealth. Hence, the name of this
channel is three-dimensional wealth and I would encourage you to explore a lot of the educational
videos on this channel and I'll share with you how you can subscribe here in just a moment.
But when I get through educating people at a live event or a virtual event I like to take them
through what I call the clarity experience. So, I'm going to give you a taste of how we do this
and how we set this up with what is called the R factor question which is a concept that was
taught to be by Dan Sullivan the strategic coach. So, here we go. Now, the purpose of this
is clarity because when I can deliver clarity to you that will give you energy. So, many times
as I've explained on this channel when people ask, "Doug, what is it you're selling?", well, I sell clarity,
balance, focus, and confidence, to individuals and families and businesses, and here's why. When you
have clarity you will have energy and I want you to be energized at the end of this exercise and
some of the other related episodes on this channel as it relates to this clarity experience. So, that
will give you an increased amount of energy. Now, the second thing is to be able to give you
balance in your life take the wobble out of your life like going down the highway.
When you're out of balance you have wobble. I want to take the wobble out of your life because when
you do that that increases the velocity in which you'll achieve your destination or your goals.
Now, with clarity and balance, you'll have much greater ability to focus on what matters most.
You wouldn't believe how many young people today don't know how to prioritize or focus on what
matters most. When you learn to do this and how to prioritize what matters most that increases the
accuracy in which you achieve your goals or your destination and with clarity, balance, and
focus, you'll have much greater confidence in every single relationship. That's the greatest gift I can
give anybody and I want to give it to you in this episode. Because confidence attracts opportunities.
Lack of confidence repels opportunities. So, when we look at this I teach this to youth and
many times I'll tell them about Thomas Edison and many times these young people they think
that they don't want to try something because they might fail and so, I share with them about
Thomas Edison and what's he famous for inventing what? The incandescent light and I teach them. You
know Thomas Edison with his staff his crew he had attempted to invent the electric
light bulb over 10,000 times he had failed. When a young reporter came up to him and said, "Mr. Edison,
how does that feel having failed 10,000 times?", Edison said, "You're young you don't
understand. I have not failed 10,000 times. I have successfully found 10,000 ways that don't
work", and he went on 6,000 more attempts before he invented the electric light. But to me, that wasn't
Edison's greatest accomplishment. See, Edison he figured out how to communicate from San Francisco
to New York in less than six seconds. When to buy? When to sell? By using two symbols dot or a dash
which is the precursor to what? A lot of people say, "Well, the morse code", no, that is the morse code.
The morse code was the precursor to what? Digital technology, okay, ones and zeros.
So, if I cut to the chase it means when I was in school you know my first calculator had little led
lights and the scoreboards in our high school gymnasium. If these two led lights were on
it was the one. If they added this one it was now a seven, now it's a nine, now it's an eight.
These seven lights plus the whole character those were eight bits that equaled a byte of
information and you fast forward the first digital camera weighed 20 pounds and cost over $20,000.
Now, you get three of them on your smartphone for less than 10 bucks okay and this is all
about digital. But when you break it down to its simplest form listen close to this, is it on or off?
Is it a one or a zero. So, what's my message first of all? When I teach this to my kids and grandkids
I'm saying, "Kids, are you onboard or off-board?", "Do you brighten the room when you enter
it or do you brighten the room when you leave it?". "Are you a fountain in a group of people or
are you a drain that sucks energy out of the room because you're always talking about what's going
wrong instead of what's going right?", "Are you abundant-minded or scarcity-minded?". "Is there a
higher power looking down saying come on are you with me or against me?", see, it's being on or off and
so whenever I do any exercise I want those that I care about to be on board and that's true with
this clarity experience and I'm just going to give you the first portion of this. So, here we go. By the
way, if this is resonating with you already. I would recommend you share this video. Click like
or post a comment but subscribe to this channel three-dimensional wealth it's free and when you
do click that little bell so you'll be notified every time I post a new video. I have over 500
on this channel but I post a new one almost on a daily basis. But stay with me to the end because I
want to gift you a copy of my book that will help you understand how to do this clarity experience
and here's the first step of four steps. So, when I frame this we are looking at these
three dimensions the financial foundational and intellectual and we are teaching those that
we care about how to be wealthy, healthy, and wise, in all three dimensions. How to live, love, learn,
give, and earn. So, this is the framing on how to set goals and how to do this with the proper state of
mind. So, understanding this framework these are the three dimensions of authentic wealth, financial,
intellectual, and foundational, and we believe in the legacy dimensions, the knowledge, attitude,
skills, and habits, spells an acronym K.A.S.H and that's more important than legally leaving
behind a bunch of money over here in the financial which often just ruins children when you dump it
in their lap. I'd rather leave behind how to fish instead of dumping a bunch of fish in their lap.
So, when you get clarity like a GPS on where you're at and where you're wanting to go.
GPS I use as goals plans and systems and when you understand how to do this you've got to get clear
on where are you at in all three dimensions of your life and where is it that you're wanting to
go because that's the most important part. But you have to get clear on where you're at and
then where you're wanting to go. So, it all begins with this R factor question. So, in this framework
of the three dimensions, we're talking about how to live, love, give, earn, and so forth, and as we
do this I pass out usually this form in an 11 by 17. Now, it's not that complicated you can do this
on a blank sheet of paper or if you attend one of our virtual events called retired by design
I actually send you the PDF of this. So, this is called the clarity statement, the final statement
is down here on the bottom. But in this episode, I'm giving you the first step and it's right
up here at the top and this is where I have you. Actually, fill in two blanks with three years. Now,
you can use one year. You can use five years. But I usually like to do three years when I do this.
Now, what I mean is this, this statement at the top says this, "If we were meeting here
three years", you're writing in three years you can do any time frame you want. But this is what I do.
If I'm doing this with my grandkids in December it's one year. If we were meeting here one year
from today in the living room which we will be doing. What has to have happened during the year
2022, 2023 for you to be happy with the progress you made? This is how you set goals. So, if I use
three years, if we were meeting here three years from today looking back over that three years
to today. What has to have happened for in your life in all three dimensions for you to be happy
with the progress you made? Now, they will begin to write down all kinds of things in the financial
dimension, the foundational, and in the intellectual dimension. But the key is this mindset it's this is
the R factor, R stands for relationship and this Dan Sullivan authored this. Why is this important?
It's to get in the proper state of mind. Because if you do this everything you're about to write
down is in past tense. Did you hear that? You're not saying, "I hope to have done this, or I hope to have
lost weight. I hope to be healthier. I hope to have written my first book. I hope to have enough money
and to be out of debt", no... It's not that hope to stuff you have done it. Because if you're saying
we're meeting here three years from today and you're looking back what has to have happened?
No, I now weigh this. I now run three times a week. I now feel closer to God. I now have written my
first book. I now have financial independence. I am out of debt and I am not going to outlive my
money and on and on and on because you are talking in past tense. This is critical to have the proper
state of mind to be able to set your vision for a brighter future because it's like Stephen Covey
says, "You've got to begin with the end result in mind", let me share with you a little story that
will help explain what I mean by getting into the proper state of mind. I know Tony Robbins, Anthony
Robbins maybe you've heard of him a motivational speaker and he has several events and years ago
when I met him he wanted me to teach a four-hour financial workshop based upon the laser fund. Which
I did in ball harbor Florida and then he recorded it and played it in Fiji when people would come
to that event and then I spoke with his son in the Bellagio hotel in Las Vegas and another event and
to show gratitude he invited me to his flagship event which he calls UPW, unleash the power within
okay and so, I happened to be in Chicago at a strategic coach session and when that was done
he was holding one of these at Schomburg Illinois. Now, I was his VIP guest on the front row in the
spit zone. Now, when I attend an event I'm all in. Unless it goes against my values or whatever
and so, this was I believe a five-day event and the very first day Tony is getting everybody
sort of in a mindset that they can accomplish what they think is impossible and when he used
to first do this he would have people at the end of that day jump out of an airplane. People
when they got up that they had no clue they were going to be skydiving at the end of the day.
Not everybody did but over 90-95 percent of people would. When he started getting 4,000 attendees like
at this one, he couldn't do that logistically so he resorted to what is called the firewalk. Walking
on live 1,800 to 2,200 degree coals. Now, this is the real deal and as he began to do this starting at
noon that day he showed video cameras out of the parking lot as they were dousing these big
timbers with kerosene and lighting them and he had all these lanes. Because he said 95% of you
4,000 people will walk over those coals for 40 feet in your lane tonight without getting burned.
But you have to be prepared or you will get burned. Now, this was incredible after the first three or
four examples I knew I could do this. Because I've been to these kinds of training before and the
power of the mind. So, in a nutshell, the first hour you know he's talking about training your mind
that you're not walking across hot coals. You're walking across cool moss and you practice this
vividly over and over and over again. Cool moss, cool moss, cool moss, with every step. Now, you
think it's funky? No, it's real. The next hour you have to envision somebody. I envisioned my wife
over there and there's predators going to attack her and nothing's going to stop me from saving her
even red hot coals I'm going to walk right over and you practice that for an hour. The next hour
you're getting down into this position where you're walking that if somebody pushed you nobody
could push you over. This actually creates a protective barrier. So he has about seven or eight
of these and I could tell from looking at some of them early in the day they're not going to
be able to do this. They're still in awe, "Oh, look at him. Look at his muscles", and their little pedicure
toenails are going to be all bubbled up at the end of that walk. He knows that because he's been
sued when he's allowed people to walk who thought they were ready. So he can tell and his staff is
trained. Well, I was one of the first ones to go across the coals and I walked 40 feet over red hot
coals and I did not even get a red mark on my foot. It's the real deal but why does he do that? Because
every other event he says, "Get into state", meaning the state of mind when you accomplish what you
thought was impossible and you walked across 1,800 to 2,200 degree coals and didn't get burned and he
says get into state and then you can understand that you can achieve anything that you put
your mind to, okay. In other words, whatever the mind of man can conceive and believe it
can achieve is what he's teaching. So that's called unleash the power within. Well, it's the same thing
here. When you begin to write down your goals you have to have that proper state of mind that it
has already happened. You are writing in past tense and that's the power of this R factor question
and so, in this episode suffice it to say that as people fill this out in the financial
foundational and intellectual I have them label it on their form. So, we're learning how to live,
love, learn, give, and earn, and so in this form, they write down financial. They write down foundational
and also the intellectual and right here is give and we're giving time talents and money and then
I give them seven-eight minutes to write as fast as they can in past tense. What has to
have happened in this dimension at least three or four accomplishments or more. In this one, in this
one with those assets, and in this one and they're writing it in past tense as fast as they can go.
Now, if this is intriguing you I would encourage you to watch the other episodes on this clarity
experience. But folks, the whole purpose here is to empower you for a brighter future. So, the R factor
question was a game-changer for me and I do it with my kids and grandkids every year the time
frame is one year. So, if you want to learn more I would recommend that you claim your copy of one of
these two books or both of them. This is explained in the Laser Fund and Entitlement Abolition.
You simply go to laserfund.com and contribute a nominal amount towards the shipping and handling.
I'll cover the rest of that expense and I'll pay for the book this is the 300-page book.
It's actually two books in one the white covered side is 200 pages 14 chapters with all kinds of
charts and graphs and explanations. If you learn more by stories and examples you flip it over to
this side. This is 100 pages 12 chapters and it has all kinds of stories about how to empower yourself
and make yourself immune from taxes, inflation, and market volatility. If you want to use your whole
brain right and left brain read both, okay. But you can also go to entitlementabolitionbook.com
and get a copy of this one the same way or you can get a bundle. But when you're in there let me
ask you to do this. There are opportunities at a discount when you're there claiming your free
copy of the book to enroll in a virtual course that we do live but you can do it on the internet.
Retire by design is one of the favorite ones it's a six-hour course that will empower you.
When you attend that one then you qualify to be able to get the 18-hour master class of
Laser Fund or Entitlement Abolition for only 200 instead of a thousand dollars so you get
it at 20 cents on the dollar and so this is for those of you who show to me that you want to learn.
You want to improve your future and take ownership and so here is to your brighter future.