On Entitlement Abolition – KUTV News Clip

By May 9, 2018 December 2nd, 2021 02. Foundational Dimension

Hi, Doug Andrew here.

Recently, I had the privilege of being interviewed on a local TV station Channel 2 with the news anchor Shauna Lake. She has a special segment that is aired on Sunday evenings, very popular, called “Person 2 Person.”

And she interviewed me about my most recent book at the time, “Entitlement Abolition”, [which is] about how to abolish entitlement mentality with your children, your grandchildren, your employees; how to take your family, whatever you define family as, from “me, me, me to we—together we’re better.”

So there’s actually four different segments in this interview, and I want you to take the time, if you haven’t, to watch all four segments. You’ll learn a lesson that I shared on when I was young, about how my father had me turn myself into the police when I was 16. 

Oh–what was I doing? Was it that bad? Well, maybe.

And also why my wife Sharee and I mentor troubled youth and we help young people who are perhaps suicidal. I’m on the board of directors of Teenage Suicide Prevention.

And so, enjoy these segments as she asked me very in-depth questions and was very intrigued, sincerely, in how to teach responsibility and accountability to those you care about. 

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NOTE – HIGHLIGHTS OF THE INTERVIEW ARE SUMMARIZED BELOW. TO SEE MORE OF DOUG’S INSIGHTFUL ANSWERS, PLEASE ENJOY THE VIDEO.

SHAUNA LAKE INTRODUCES DOUG

“Doug’s Career is about more than just money. He aims to help people find balance in their lives. And he tells me that one way to do that is to focus on the things that matter.”

DOUG SHARES HIS OWN ABUNDANT LIVING HIGHLIGHTS

– How his family, his professional background, and his role in mentoring at-risk youth led to the development of his book “Entitlement Abolition.”

– What he’s learned from his humanitarian trips, and how he’s seen the key is to find happiness “because of what we are, not because of what we have.”

– How he and his wife, Sharee, pass along critical life lessons at “Grandpa’s Camp,” an annual multi-day retreat they organize for their grandchildren (a strategy he shares in-depth in “Entitlement Abolition.”)

– How not outright paying for kids’ college can actually empower our children—by providing our children matching funds or low-interest loans they pay back, children value their education more by having some skin in the game.

– How achieving an abundant life starts with clarity on what matters most, which gets us energized. From there we need to pursue balance by focusing on all Three Dimensions of Authentic Wealth, which leads to greater confidence.

– Doug shares the story of having to turn himself into the police after a teenage prank gone too far (read more about this escapade in “Entitlement Abolition”).

– Doug explains the difference in estate planning between creating equal distribution trusts versus “Equal Opportunity Trusts”—an approach he has helped pioneer that empowers future generations through giving a hand up, not handouts.

– Doug wraps up by reminding us all to move out of our comfort zones, share our passion for life and doing good with others, and not letting the important moments pass us by.

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