The secret is how to articulate goals under a three-dimensional framework. In this episode,
I'm going to address, how to set smart goals for the best chance of success. This is for
new year's resolutions or any goals that you have a vision for your brighter future. Get ready.
So, my name's Doug Andrew and I've been helping people do this exercise now for decades. Many
people approach me close to retirement because they want to sort of get ready to reposition
assets and not outlive their money. Because I'm usually perceived as a financial strategist
and a tax minimization specialist. But the reason, why many people are attracted, is because
I approach things from a three-dimensional viewpoint instead of just the financial dimension.
I'm helping people redefine themselves at retirement and make sure they don't have to worry about their
money being eroded away with the negative impact of taxes, inflation, and market volatility. But also,
how to be able to do the things they really love doing and empowering those they care about their
children and grandchildren in all three dimensions of authentic wealth. So that you're leaving behind
the knowledge, attitude, skills, and habits, instead of dumping a bunch of money in their lap like
dumping fish in their lap instead of teaching them how to fish. Now, one of the game-changing concepts
that I teach is how to set goals and we do this on family vacations with a purpose. My wife and
I do this with our 20 grandchildren at our annual grandpa's camp. A tradition is every December to do
this in our living room to set goals for the next year. So, on this channel, I have several episodes
that talk about this and this one is part two of understanding how to set goals the smart way.
So, here we go. When I do this exercise with my family, my clients, my students, I usually print
out an 11 by 17 sheet like this called the clarity statement and you can do this on a blank sheet of
paper or if you decide to enroll and learn this in a course you'll have the pdf to do this. But just
take really good notes and you'll see how powerful this is. So, this is the framework and I'm going to
talk about this portion right here in this episode. Now, what I have covered in another episode is how
to be able to be in the right state of mind so that when you're filling this out you're writing
down what has to have happened in your life during the last year, okay. Because you're projecting your
mind to a year from now if we were meeting a year from now or three years from now looking back
over that three years to today. What has to have happened in your life in these three areas for
you to be happy with the progress you made? And I explained that in another episode. Now, we're
talking about the financial dimension of your life, the foundational, and intellectual. This one here
in the middle is what we call the K.A.S.H the KASH fund that's knowledge, attitude, skills, and habits,
and what we must contribute back to society. And so, it's learning how to be wealthy, healthy, and wise.
How to live, love, learn, give, and earn, and this is how we set our goals. So, in this format when
I give them this sheet I have them label this one financial, this one foundational, and this one
intellectual. This when I say I want you to write down how you're going to give back to society
not just money but the causes that you want to give your time to, your talents to, and your money.
How to redirect otherwise payable taxes that causes you support with charitable contributions
and what have you, okay. So, this is the format. This is the framing. Now, whenever I get ready to do this
people say, "Well, give me some examples of what you're talking about", now, if you don't understand
every one of these statements hopefully, you will want to read a copy of a book I'm going to gift
you at the end of this episode so that you'll understand these if they're a little bit vague.
So we start out and I usually give people 7 or 8 minutes and I want to make sure
they have three or four accomplishments in every one of these three dimensions
and then they can finish filling it out later. But normally, when we do this with a family on
grandpa's camp or a family retreat with a purpose in Maui. I will give them 15 minutes to fill out
this form it's quiet time. So, for example, over here in the financial category, they're writing in past
tense and it's usually things like this, okay. 60% of our retirement income is now tax-free
which is what we do with the laser fund. We have fully funded our laser funds.
Meaning, that they're all ready to go and they can start taking out tax-free income they've complied
with IRS guidelines. We are positioned to outpace inflation, inflation is not going to erode away
their purchasing power. They're going to outpace inflation. We're immune from market volatility
because of a strategy called indexing. We can live on less than what we earn. We've protected our
assets and have established our family bank. That's a conceptual bank not a charter bank like down
the street this is a legacy bank. Our assets have been optimized and our taxes have been minimized.
Yeah, we've drastically reduced the amount of taxes that they're gonna
pay and many times we save people eight hundred thousand, a million dollars of unnecessary tax.
In my books, you'll read stories about school teachers that we saved a quarter of a million, real estate
investors, and landlords, we saved three quarters of a million. A husband and wife
both physicians a couple we saved them 1.2 million. We have a couple in California we took them from
the highest tax bracket to a zero percent tax bracket in five years and so this is why they're
writing down goals like this. We feel secure is what they're saying over here financially.
Now, they don't have to write all of these out first they can go back and forth. When we get
down here to the foundational, some of the things they may write down is are bullet-pointed here.
We hold an annual grandpa's camp. That's one of my favorite topics that people want to start as
a tradition in their family. We have family values and vision document this is like an ethical will.
Because I assure you, your kids will not read your trust except one page that says how much they get.
But I show you how to be able to leave behind a values and vision document that they will read
and re-read watch and re-watch for generations and I can show you how to do that. We conduct annual
family retreats with a purpose. I have a video on this channel that talks about how to do that.
We are in excellent health eating right and exercising.
We feel closer to God and we have multiplied our talents in music or public speaking or whatever.
Because I talk about multiplying your talents like Matthew chapter 25 or Luke 19 in the new testament.
We've captured our family memories and researched our ancestors. We have established our equal
opportunity trust instead of equal distribution with rules of governance. This is a big one that
a lot of people write down once they learn this. We've captured knowledge attitude skills and
habits. We've created predictable systems. So, if this is intriguing you these are some of the
goals that people write down once they've been through this six-hour retire by design workshop.
Now, when we get over here to the intellectual. Before I share those with you, let me say this.
If this is already intriguing you, you have no idea how much of a game-changing concept this is
to set your goals your new year's resolutions using this format. You'll see the power behind this
and so if this is resonating with you and you can think of somebody you want to share
this with. Be sure and share, post a comment, click like, but more important than anything
subscribe it's free and when you do click that little bell so that you'll be notified every time
I post a new educational video which I do almost on a daily basis. But I have over 500 educational
videos like this and I want you to search some of these topics like family vacations with a
purpose or equal opportunity trust and you'll understand what I'm talking about here and
as you do, then you'll be empowered. But stay with me here to the end because I want to gift you
a copy of my book entitlement abolition and or the laser fund, okay. Now in the intellectual dimension
they write down goals and notice these are all in past tense because their mindset is it's a year
from now or it's three years from today and we're looking back what has to have happened and so,
you have to begin with the end result in mind. We have impeccable industry reputations. We have
advanced degrees in our fields they've continued to get education. We travel to new countries every
single year that's experienced. We read and study a good book weekly my wife and I do that and we
share. We've developed predictable systems for our family, you'll understand what that is when you
read my book. We've established four generational retreats okay or traditions that we have that will
go on into perpetuity. This is very powerful and so many people will have that as a goal.
We formed three strategic alliances in our business or our profession. We are proficient in
genealogy or ancestral research or what have you. We've joined toastmasters to be able to speak
and overcome our fear public speaking or whatever. So you're writing down what you've
done over here in the intellectual dimension and you're writing in past tense. But see,
you're writing it as if it's already happened because this is very empowering when you begin to
visualize this and it's amazing when you begin to write these things down. You'll hesitate at first
and then the pen will start to flow and you'll get super clear and you will get energized. Whenever
I ask people so as you wrote that down how many of you felt more and more energized the clearer
you got about your future and everybody raises their hands and I'm going yeah. Well, I'm going
to show you the difference and the contrast between this approach versus just hoping that
next year is a better year because most people break their new year's resolutions by February.
Now, in the middle here give maybe your time volunteer at your church. Maybe teach troubled
youth my wife and I mentor troubled youth at crisis centers. I'm on a board for teenage suicide
prevention. My wife volunteers at the Christmas box for children who are in protective custody because
they've been in abusive homes usually and donate one of our favorite is the humanitarian fund where
we can donate to causes and we also in our family donate to the multiple sclerosis, the kidney
foundation, the cancer society, and on and on and on. This is all part of our family bank. So, that's your give.
Now, once you do all of this you will begin to feel energized because you're writing it down
in past tense as if it's already happened and you begin to feel this and this is a game-changer. Now,
if this is resonated with you be sure and watch the third step of this episode and that's where
you bring this all together in what is called the clarity statement. But if you've got to go please
claim your copy of this book. Simply go to entitlementabolitionbook.com
you contribute a nominal amount towards the shipping and handling and I'll cover
the rest of that expense and I'll pay for the book and fire out a copy to you.
And there's options there to listen and learn watch and learn there's even an 18-hour master
class. But you can get that for 20 cents on the dollar when you see various virtual events that we
teach usually on a monthly basis and the one that I teach this concept is called retire by design
where I actually take people through on the very last of 30 minutes and do this clarity
experience. Also, you'll have the opportunity to claim a copy of my financial book the laser fund
by going to laserfund.com. So, my invitation to you is to claim your free copy of these books empower
yourself register and join us for an online event retire by design and then you'll have substantial
discounts and access to courses like the 18 hour master class for the laser fund and another
one on entitlement abolition and this will be the beginning of your brighter future. I assure you.