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Home » Mindset Is More Important Than Strategy: Preston Pugmire (Transcript)

Mindset Is More Important Than Strategy: Preston Pugmire (Transcript)

Here is the full transcript and summary of Preston Pugmire’s talk titled “Mindset Is More Important Than Strategy” at TEDxRexburg conference.

In this TEDx talk, podcaster Preston Pugmire emphasizes the importance of mindset over strategy when it comes to achieving goals. Using the metaphor of a tree, he explains that strong roots represent a positive mindset, which must be established before success can be achieved. He introduces three stages of mindset: belief in someone else’s success, belief in one’s own success but with uncertainty, and belief in one’s own success as inevitable.

Listen to the audio version here:

TRANSCRIPT:

Two years ago I was basically broke and unhappy. Now I pretended that I wasn’t, but I knew that something had to change. Who in here tonight has anything in their life that they want to change? I get it.

I get it. I went from being financially and emotionally struggling to launching a podcast that debuted at number one in the world in my category and becoming a successful entrepreneur mindset coach. You guys want to know how I did it? Everybody does. They want to know the steps. They want to know the strategy. How did you do that? Here’s the thing.

If information was all that was necessary, we would all be millionaires with six pack abs right now. So have you ever had all the information or all the strategy that you needed and then not accomplish your goal? How come? It’s because mindset is more important than strategy.

Now the process of goal setting is represented by this tree. The top of it, the part that’s visible, the part that we can see, the branches in the trunk. This is the strategy. This is the how. This is the steps. But the part that’s below that gives it the structure, the size, and the stability, that’s the root system. We can’t see that, but that represents the mindset, the beliefs, and the thoughts.

Now a tree has to grow downward first, establish the roots before it shoots branches upward. And in the same way, we got to get our mindset right first in order to be successful. Now on my journey, I have identified three stages of mindset. Now as we go through this, think about the thing that you said you wanted to change, your goal. And see where you’re at in these stages so that you can really realize that mindset is more important than strategy.

The first stage of mindset is, it’s possible for someone else. The second stage, it’s possible for me, but how? And the third stage, it’s inevitable for me. Now let’s go find the steps. So for you, as you think about this, go through an inventory about where you are at. In these stages, you’ll be able to get to the only stage that matters. It’s inevitable for me.

Now I spent a lot of time at this first stage. It’s possible for someone else. And that’s why it’s so easy for me to recognize it in other people. Now I was emceeing a large event and they introduced me, they talked about my bio, what I’ve done in podcasting. And this young man came up to me afterwards and said, did you really launch a number one podcast? How did you do that? I’ve been interested in doing that. I would love to learn how to do that.

And so I decided to figure out where he was at in these stages. And I said, if I gave you all the steps, all the strategies, laid it out for you, do you think that you would be able to do that? And he said, oh, me? Nah, probably not.

And in the kindest way possible, I said to him, if you don’t believe that you can, strategy doesn’t matter. And to his credit, he looked at me and he said, oh yeah, I guess you’re right. And he walked away.

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So when you think about your goals, I say the same thing to you. If you don’t believe that you can, then the strategy doesn’t matter. So as I was in this first stage of it’s possible for somebody else, I would just want it so bad, right?

I’d be like listening to podcasts, watching YouTube videos, watching TED talks, and all the while thinking, what would it be like to be somebody who it’s possible for? And I was stuck there for a long time until one day, my wife came home with tears in her eyes because we couldn’t afford groceries. And that jolted me into the stage of it’s possible for me. It has to be possible for me.

But how? In your life, you think about what is it going to take? What’s the catalyst? What’s the trigger for you to jolt you into this second stage of it’s possible for me? Because you don’t have to hit rock bottom, but you do have to stop explaining away other people’s success just because you think that they have some sort of circumstance or set of qualities that you have decided is out of your reach.

Now, after that day, I spent a lot of time focusing on the how, right? That was a step in the right direction, but it was out of order. This is mindset before strategy. When you focus on the how, when you focus on the strategy, then what you’re saying is that your success is based on something outside of yourself, something external.

Now, New York Times bestselling author David Allen says, the brain has a search function just like a computer’s, but it’s more phenomenal than a computer’s because it is programmed by what we focus on. Now, what does that mean? A programmable search function in our brain?

I’ll illustrate it like this. Think about the last car that you bought.