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June 8, 2021

088 - Summit 03 - Let Go of Whatever is NOT Your Vision with Wade Galt

Once you get clear about what you DO want in your life, it becomes easier to start letting go of the money and time investments that don't serve your vision.


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Once you get clear about what you DO want in your life, it becomes easier to start letting go of the money and time investments that don't serve your vision.

 

 

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Transcript

This section of the topic is letting go of whatever is not your vision, and so what I want you to consider is, first of all, before you look at the screen and in fact, pull back from the screen a second and just focus on on me for a second, not just because of my really cool shirt. I didn't make the shirt. So I can say the shirt. Right. I like the shirts. Colorful, it's pretty. Wakes me up and maybe it's blinding your eyes.

 

But what I want you to think about is there's so much that we have sometimes that is not our vision and. When we're not at our best, I'll speak about me, when I'm not at my best, I focus on what I don't want to happen. I don't want this to happen. I don't want that happen. I'm afraid this is going to happen. And I usually might not use the word afraid because I'm a male. And in my mind, I'm a tough guy.

 

And so I'm not afraid of anything and whatnot. But usually if I'm talking about what I don't want to have happen, usually not so good things happen. And I'm not seeing the scary, scary people or anything. It just that's been my experience, my three worst investments. I know, Renee, you and I talked about this a little bit. All were based on some form of fear, either fear that I wouldn't make enough money or fear that I'd miss out on an event.

 

That whole Fumo fear of missing out FEMA, if you ever heard of that, instantly has the same letters as Moffo. Think about that one for a second. But anyway, so, you know, just any of that fear stuff is stuff that gets in your way. And a lot of people are really stuck on what's not their vision. And so I work with a lot of different entrepreneurs, have been a coach for over twenty years as an entrepreneur and.

 

Many of the entrepreneurs I work are in a stable field, I work a lot of Insurance agency owners, they come from a stable field and Insurance is an interesting field because, you know, nobody really wants to have Insurance until they have an accident. So nobody wants to pay their premiums. But if something happens, they want to say, yes, I've got my Insurance. And so in that field, there's a lot of talk about preparing for if something not so good happens.

 

And if you're an insurance professional, you've got to be able to do that. That's just part of your job to make sure people are being looked out for and their families and whatnot. So there can be a sense to focus on what we don't want to have happen. And I'm going to just suggest and most of all, feel free. And this is where I invite you all. So please share what you know about this. You said Wade.

 

Do I know some of this? Type it in the chat. This is not just me lording over the whole thing or any of the speakers. This is a sharing wisdom's who say, oh, Wade, I heard this speaker said this or I say blah, blah, blah. Great, please share that. But basically what I would do is focus on what you want to see happen. And so the first exercise and again, it's it's in the book, but if you don't have the book up at the moment or if you just want to kind of check in.

 

And, you know, use a pen and piece of paper, because I want you to think about. What have been the most important positive life experiences so far? And in the in the worksheet, there's room for 20 of them might not have time to do 20, maybe just write down five now or three to five. What have been your most important life experiences? I'm going to pause a second here, invite you to for this particular exercise, because this is this is a really powerful one I found right down either five or ten of those, you know, just a word, whatever it is.

 

So for me, definitely getting married, definitely, I'd say having children. But my wife did most of the work. But us having children, starting my own business, being at the beach volleyball at the beach, playing volleyball on Fridays, some of them are carrying things. Others memories I have from high school or college, whatever might be. But write down those those things. And then next to that, which in this case is in the second column, I encourage you to indicate, did that happen in your work life or your personal life?

 

And there's not a right answer, by the way, and this is not to shame anybody, if you say Wade all of my stuff happened in my work life or almost out of my personal life, part of this is a self awareness thing. And then the third part of the pause on for now might be something four more after where you put in what where did that happen in your life? Like friends or family or romance is a category S. But just in general, if you look at it and I want you to consider if you're good at math, you can do a percentage or you can say three out of five, whatever it is.

 

But I'm going to ask you to type in the chart how many activities out of the total, you might say, you know, four out of five activities, Wade or one out of three. How many of the activities took place in your personal life? And ask you to put that in the chat. So, again, how many? Times oh, Debbie, thank you so much for putting the link there to the workbook, the worksheet just in the chat, if you look, Debbie, just put it in the chat at the 10, 14 time stamp, you can click on that.

 

And that should do that. It's also available in the community. But I ask you to put in here, OK? Thank you, Michelle, could be most of the activities happen in your personal life. So what I'm going to suggest to you and again, other people please keep commenting there is that there's a couple different ways you can look at your life span. I look at my life span from a standpoint of. When do I get to do things that I want to do now?

 

I want to be clear on this and be precise in my definition, as my father is from the islands. He's from Trinidad and Tobago, and he has an accent. And whenever I was growing up, he said, Wade, you only want to do what you want to do. And he says that much faster. Wade you don't do what you want to do. Like, well, yeah, why would I want to do what I don't want to do?

 

But what he was saying is Wade you're almost and this happens like some people said, Wade sometimes you're not willing to do the work. You only want to do what you want to do. But I can tell you that in my work, while I don't always in every single living, breathing moment, I get to do what I want to do. Thanks, love. Thank you very much, Michel. I get to spend a lot of my time doing work I either like or love.

 

I'm engaged by and or work with awesome people and or make a lot of money and something of that flavor. There's very few things I do that I just like hate this stuff I'd like to delegate and that sort of stuff. And sometimes with budget and sometimes I don't. But even in my work life, it carries over from my personal life that most of the time I'm engaged in something pretty close to what I want to do. My wife, I think she's watching right now, might be watching at some point.

 

She's probably laughing right now because we sometimes good odds over that, because sometimes I can be a little self-centered and I am used to things going the way I like it. There can be a downside to that. But overall, most of the things in my life that happened that I've loved have been in my personal life. And. So I first focus there and said, OK, I'm going to make sure I have enough time to enjoy my personal life and.

 

And I'm a math geek, so to me, if someone says to me, you know what? I only get one day off per week. And I'm going to be working for 20 more years. OK, great, if you get two days off per week, you double your free time. It's almost like you double your life, like your memory time. You're like the time when you going to have your most fun memories. It's almost like you double your life span in the same amount of time.

 

And without running or any of that stuff, I don't like to run less than chasing the ball. What's different story? And so if you can go from two days a week off to three days a week, it's like you're getting it again another one day. So you're getting more choice time, more free time, more time, more freedom time, whatever word you want to call it. And that's what's so much of this is focused on. And Renney.

 

Yes, you just nail that is it's not you know, sometimes it's the wording as far as how we do things. It's looking at what do we want. So, again, I want to see more. And when I first started out, I focused and bring this under 4-Day Work Week and a few people said to me, hey, you know what, actually. I want the 3-Day Weekend, that's my most important part, so I don't not want to work, I do want more free time.

 

And even when I started my 3-Day Weekend 4-Day Work Week Journey, a lot of it was me looking to get away from work. And I wasn't making as much progress and work. I was having fun outside of work, but my work stagnated instead of me saying, you know what, when I'm at work, I want to be fully present and when I'm outside, I want to be fully present. So what I encourage you to do is on this list of your most important life experiences, consider that we're going to look to see how we can free up more time for those things you've enjoyed most.

 

And then the second part, and you're definitely not going to have the time to put 50 of these here. But I want to encourage you to think about and again, I'm using I'm using Friday as the anchor. I'm using Friday as an additional day off. So you might say, well, Wade right now I work six days a week. I'd love to get to five days. OK, well, then maybe the Saturday is the day for you.

 

But for me, when I say Friday, I mean that extra day, that data you don't normally have. So if you had Fridays off for the next 12 months. What would you do with those days and you don't have to come up with 50 ideas and again right now I'll just suggest you put the activity and I'm going to ask you to put at least one of those activities in the chat. Just what would that activity do? In my case, my answer is I'd be at the beach.

 

Playing volleyball is my default answer for at least two to three out of four of those Fridays and then some of the other Fridays be hang out with the wife or with the kids or if it's summer different schedule with the kids and family and maybe at the beach still too, or doing different things. What would you do with that Friday, because this is going to be the anchor, this is going to be the fuel, this is going to be what we're moving towards, like what Rodney mentioned in the chat of saying, OK, what if I want to avoid work, isn't going to get us there.

 

I don't want to work 80 hours a week is a starting point, but I do want to work thirty two hours a week or 40 hours a week. So I have time to enjoy my family and friends is a much better way of doing things. And our our mind. There's so much research on this and Rennies better at this than I am. I think Danny is too. So Danny, feel free to jump in as well. But just that idea of, again, looking to what we're moving towards.

 

And so think about what would you do with those extra Fridays, because this is what I'm going to suggest you start putting into your agenda. And so as we move forward this so after already you might say Wade you're already talking about after the event because events are awesome and this event is awesome and it's going to be awesome. But after this event. There's going to be tomorrow and the next day and the next day and the next day, and for some people, if it's like a lot of can say, oh and all this motivation, then it tapered off.

 

That's why we have the community part of this where you can keep coming back. And in the community, there's a part of it that's focused on the 3-Day Weekend what we're doing today, which is the free part of the community. And then there is a part of you looking on in the four days to make more money on that stuff where we that's the paid part of the community for the entrepreneur and employees and whatnot. More of the make more money and less time.

 

Do what you do best so you can help more people, that part. But in all of this, the goal somewhere in here, part of the goal is to create this life that we enjoy that allows us to then come back on Monday, excited and ready to work and again Monday in Meisner, being that first day of the week. And so think about what you do. And I'd ask if you just take a moment, what's one activity?

 

Oh, Renny, I love your Les Mis take long walks or jogging, writing more, reading more with a wife sleeping on, sleeping on the beach. Oh, thank you for that. Wow. I need to do that. And Danny, intentional about planning your week. Absolutely, and I encourage you, if you have children that are of a school age, I'd suggest that one of the things you do is also consider how you can. Carve out time for you, that is only for you and one of the one of the worst mistakes I made as a father, it was made with a loving intention, but it was it was a tactical error.

 

When we had our first child for the first six years, I stopped playing my beach volleyball because I just I'm going to be the best that I can. I'm going to put everything into being a dad. And, you know, it was almost like, I don't know, being in high school and said, I'm going to date one person. I'm going forget all my friends. I'm just going to put all my energy in that one relationship, which, of course, is just a recipe for disaster.

 

There's too much pressure on, even if it's a great, healthy relationship, even if in this case, as a father, my intention was loving to say I want to be best dad I can. I lost a lot of balance, I became a grumpy guy, and that grumpy is a nice word. And so being able to have that that time, that Friday for yourself, whether it's to run errands or do whatever it is, can be huge so that you can then come back and be president.

 

It might even be that Friday. Sometimes I say Friday is my day. Or maybe having said that, I've even said that loud. So again, my wife would say Wade you never said that. I've said it to myself sometimes, but because I get to come back and be be the guy that I need to be and sometimes my family comes to the beach because they want to, sometimes they don't. And that's great. But so as you think about that, on a pivot to two more things and bring them up, we're not going to get into them completely in this session.

 

But then think about what are those most desired life experiences you'd like to have. And so in the chat, you mentioned travel. So, for example, it might be that one of the desired experiences is long travel and it might be that, hey, you know what? One weekend per month, I go on a mini trip somewhere nearby. And so in this exercise, I'm going to suggest you write down some ideas in the the black and white box area and then below make that list or what are those things?

 

Because, you know, a couple of pages back, we said, what have been your most important life experiences? And that's great. Using that information, that idea to say, OK, what's going on for me, what would I like to see happen in the future? And what would I want to have happen so that that's driving the decisions, not just in what I used to be able to do this or I used to do that, but making choices of where you're going and in that conversation also encourage you.

 

And this is something that comes with. A combination of humility and just just awareness, I don't know about you, I'm getting older, so I'm forty nine. There's stuff I at least I can do it, but not as well as I used to. I can't do and stuff like that. So this idea I'm going to suggest to you, it's an opinion of waiting five, 10 years to then spend more time to have more time off. You're missing out even if you say but wait, I've got this big plan for my business.

 

I'm going to make all this money. I've watched so many entrepreneurs make huge amounts of money towards the tail end of their career, just like an investments that the investments that eight percent or 10 percent growth, it explodes the last three to five years of an investment and I know is going to really know so much. But that will talk on the podcast interview and I do. But every year you wait, there's less of that. So I want you to consider, as you're probably going to have if you're an entrepreneur or if you're moving in any way a professional, you're moving in the right direction with your income and it's going up.

 

It's going to continue going up. So, you know, most things for the most part, you're going to probably see that it trends up. There might be hiccups. And so you're going to have more income over time. So you're not going to be towards the end of your life saying, gosh, I wish I had even more income. If you take your journey seriously, more likely and say, gosh, I got plenty of income and you're going to look back and you say, did I invest the time, the way I wanted to with the people I cared about most, that I enjoy that?

 

Did I allow for that? And not in a way to beat yourself up, but to say, hey, you can do that. The only guaranteed investment I know of only guaranteed return on investment. Being positive I know is investing time with people, with causes you believe in, with activities you love, that sort of stuff. Quality time. However, you want to word that that's guaranteed by the other stuff. They mean happens. Maybe it doesn't.

 

So I encourage you to look at that and then finally rhythm the section again. Something to complete outside of this is to look at what are the obstacles, just to be aware of them, not to obsess on them, but just to know, like, OK, this is going to happen. I might do this dance again and these obstacles, hopefully you're going to put also proposed solution to what you're going to do, not that solution. You're going have a targeted here's I'm going to dress that and these are going to be some of the things I'm going to suggest.

 

We're going to follow up after this event with for at least four coaching calls where we're going to go deeper into just the work that we did and follow up. And, hey, how's it going? Just literally just checking in. And instead of this, which is a webinar, it's going to be a group call where people just come on and say, hey, wait, I'm doing this or hey, community, I'm doing this. And everyone's going to share with each other who wants to and support each other in that.

 

So I'm so grateful for you all being here, for you, sharing what you're doing and encourage you to think about. Again, what is it you want to do and start letting go of what's not a part of your vision?