The Daily Mastermind
ALL EPISODES
Episode 830 · Aug 21, 2023

The 5-Step CRAVE Formula for Building Your Best Life

Listen

George Wright III of The Daily Mastermind has spent years studying what separates people who talk about living their best life from those who actually build it. In this episode, he introduces the CRAVE formula, a five-step framework he developed to help you stop grinding toward the wrong goal and start designing a life that actually fits who you are.

The episode opens with a provocation that challenges conventional self-help advice and gets to the heart of why so many motivated, hard-working people still feel unfulfilled.

Why "Just Decide to Be Happy" Doesn't Work

George opens with a statement that might stop you cold: making a decision to be happy simply does not work. Not because happiness is impossible, but because happiness without a functional plan is hollow. Traditional personal development tells you to choose gratitude and decide to be content. But if you aren't happily achieving, you aren't actually happy.

"If you're not happily achieving, then you're not happy. And in order to be happily achieving, you have to be executing on a plan that works."

The deeper problem isn't effort. Plenty of ambitious people grind hard and see results. The problem is executing a plan without first asking whether that plan leads somewhere you actually want to go. George describes building one of the largest financial education companies in the world, only to realize at the peak of that success that it wasn't the life he truly wanted. The ladder was leaning against the wrong wall.

Creating a Life vs. Executing on an Opportunity

This is one of the sharpest distinctions in the episode. Executing on an opportunity and creating a life are not the same thing. When you jump into a plan without first defining your life vision, you sacrifice flexibility, creativity, and the ability to course-correct. You might reach your goal and feel nothing.

George references Gary Vaynerchuk's advice to prioritize long-term vision while hustling in the short term. The key insight: the most successful people rarely knew exactly what their business would look like. But they almost always had a clear picture of what they wanted their life to feel like.

"They had a big vision and they were able to put their head down and start executing and hustling while staying focused on the ultimate goal."

That clarity of life vision is what gave them the ability to pivot, adapt, and embrace change rather than fight it.

The CRAVE Formula: Five Steps to Your Best Life

George organizes his framework around the acronym CRAVE, and each letter corresponds to a concrete step.

C: Create Your Vision. Before you do anything else, define what your best life actually looks like. Not your next business milestone. Your life. Time freedom, independence, relationships, purpose. Start there.

R: Resolve to Accomplish Your Vision. Deciding is different from resolving. Resolve means committing with the kind of conviction that doesn't retreat when things get hard. It's a deeper, more durable form of commitment.

A: Align the Resources Needed. Once you know where you're going and you're resolved to get there, you can intelligently identify and arrange the people, tools, capital, and skills required. Alignment only makes sense after vision.

V: Value Your Time. Time is the non-renewable resource that everything else trades against. George's framework treats time as a core asset, not a background assumption. How you spend your hours either builds toward your vision or drains it.

E: Execute a Plan. Notice that execution is the last step, not the first. Most people start here, which is exactly why so many end up at the top of the wrong ladder. Execution is powerful only when it's pointed in the right direction.

The Danger of Skipping the Vision Step

George draws on Wayne Dyer's metaphor of stepping back far enough to see the full tapestry of your life. From a distance, patterns emerge that are invisible when you're nose-down in the work. He describes how going through school for years, building companies, and chasing conventional success milestones can leave you technically accomplished but fundamentally off course.

The point isn't to stop working. It's to work within a larger frame. Your current opportunity might be the right vehicle. But without the vision in place, you have no way to evaluate it honestly.

How Successful People Actually Think

A common thread runs through the lives of people who achieve lasting success and fulfillment. They didn't always know exactly what their business or career would become. But they carried a confident, almost unshakeable belief that success was coming, and they had a genuine sense of the life they were building toward.

This isn't magical thinking. It's strategic clarity. They kept their head down and executed, but the vision kept them from getting permanently lost in any single detour. That combination of grounded effort and clear life vision is what the CRAVE formula is designed to give you.

Action Steps

  • Write out your life vision before you write your next business plan. Be specific about time freedom, relationships, daily experience, and purpose.
  • Ask yourself honestly whether your current plan is pointed toward the life you want, or just toward a goal someone else defined for you.
  • Resolve, not just decide. Revisit your commitment in writing and treat it as a binding contract with your future self.
  • Audit how you spend your time this week. Identify where hours are going that don't connect to your vision.
  • Share this framework with someone in your life who you feel needs a different perspective on how they're building their future.

The CRAVE formula is not about working harder. It's about working with direction. As George Wright III puts it, it's never too late to start creating and craving the life you were meant to have. The formula exists so that when you get to the top of the ladder, it's leaning against exactly the right wall.

READ THE FULL TRANSCRIPT

Okay guys, listen, I have a treat for you this week. I really wanted to be able to share with you a five-step formula that I developed several years ago in order to create and execute on your best life. So I'm going to share that with you throughout this week, but I want to start you off with the quote of the day. And the quote of the day is from Clint Eastwood. And it says, sometimes if you want to see a change for the better, you have to take things into your own hands. Sometimes if you want to see a change for the better, you have to take things into your own hands. That is the truth. I tell you what, if you want to make a change, it's going to be up to you. That's why I'm sharing this formula for you. And it's one of the things that I want you to really consider is that no one's coming to save you. It's time for you to take control and to take things into your own hand. So without any further ado, let's get right into it. Welcome back to the Daily Mastermind. My name is George Wright III here with your Daily dose of inspiration, motivation, and education, or better known as your daily dose of vitamin G. Hey, everybody. Thanks for coming back and tuning in for your daily rituals. The topic I'd like to cover today is called how to crave your best life or how to crave massive success. Now, we talk about your thoughts creating your life and that you should basically become obsessed with your thoughts surrounding your best life. But I'd like to talk to you today about how you can crave that life and why you should change your current game plan slightly in order to accomplish that best life. So are you ready? Okay, let's go ahead and get started. First of all, let me start with a statement that you may be shocked to hear from me. Okay, this is something that might shock you a bit. And it's making a decision to be happy just does not work. That's right. Making a decision to be happy just does not work. That's because it doesn't work unless you're working on a solid plan or you're executing on a plan that works. You see, traditional personal development tells you to simply decide to be happy or just be grateful, let's say, for where you are now so that you can have more happiness in the future. But the truth is, if you're not happily achieving, then you're not happy. Am I right? And in order to be happily achieving, you have to be executing on a plan that works In other words if you not actively creating and executing the plan or a plan or your plan then your attempts at happiness are going to be short run Trust me I know this But the real question the better question for you is are you creating a life or just executing on that plan? Because there's a huge difference between creating a life and executing on an opportunity. Now, if you're executing on a specific plan without first creating your best life blueprint, then your plan might waste years and years of your time only to end up having to use the saying, your ladder up against the wrong wall, if you know what I mean. By the time you get to the top of the ladder, you realize it's leaning up against the wrong wall. Now, I'm not saying that you shouldn't be maximizing your current opportunity. Listen to what I'm saying. It may be the best course, plan, or vehicle that you currently have available to you, and it may be the ultimate plan. But what I am saying is you need to do a couple of things first to allow your mind to have the best perspective and vision in order to be aware and open to what your best life needs in order to develop and grow. You see, I have achieved a lot of different success and different opportunities throughout my career, only to find out that the end goal I was looking for maybe wasn't exactly what I wanted it to be. How many of you know what I mean that way. Maybe you went to school only to find out that the degree you're studying is not the one you want to work with after four years or six years or eight years. Or maybe you found that grinding in your job or building your business ultimately didn't give you the results of the lifestyle that you actually wanted. You know, we go through life and the traditional approach is taught to us all through school. Go through school, get a degree, get a job, then work and retire, Right. Right. How many does that work out for? But you and I as entrepreneurs, we know this is a crock. So what do we do? Well, we become entrepreneurs and we find an opportunity and then we just start grinding until we're successful. Right. Because failure is just not an option. And our and our success is guaranteed because we think it is right. wrong. What we don't realize is, and usually tell it's too late, is that working a specific plan without a bigger picture of what we want our life to be like, it leaves very little room for flexibility, for creativity, and room for course adjustments, right? So let me give you an example of that I was building for over a seven period of time one of the largest and I built one of the largest seminar education financial education companies in the world And it was one of the largest platforms in the world until I realized that I really wasn doing what I enjoyed You know have you ever felt that way You grinding and grinding, you're seeing success, but it wasn't what you thought it would be. I mean, I enjoyed the things I was doing. Like I love sales. I love marketing. I love the people, mostly because it falls into the unique talents and abilities I have. But overall, I was not building the life I really wanted. Do you see this distinction? A life that involved time freedom, maybe independence from expectations and, and a life that was driven by my goals and not the goals of others. Now, now, now looking back, I have a different perspective. It's like Wayne Dyer says, when you step back or you get far enough in your life that you can step back and see the tapestry of your life, things come into focus. And now I'm totally rebuilding my daily game plan, you know, my life plan completely and totally differently, if that makes sense, right? I have a different focus and different strategies. And here is one of the number one strategies I learned, and it's pretty critical. So I hope you're listening. Here it is. The key is not to focus on the path, but to focus on the vision of your best life. That's a huge distinction. The key is not to focus on the path, but to focus on the vision of your best life. Or like Gary Vaynerchuk talks about, you know, prioritize and focus long-term while hustling and executing short-term, right? So what am I doing differently? You might be wondering, what would I recommend for you to do differently? Well, that's exactly what I'd like to walk you through this week. I've been thinking a lot about this. And if you're listening to this podcast, look, you either love listening to my voice, which is probably not the case, or you have some affinity to success and you've studied successful people already to a degree in your life. Now, if you have, you've noticed and heard over and over and over again, a common thread. And that is that super successful people when asked have never really imagined and didn't really know what their business and opportunity would end up looking like. They never imagined it would end up the way it did. But, but they almost always had a knowledge and a confidence that they would be successful. And more importantly, they had a pretty good idea of what they wanted their life or their mission in life to turn out like. They just didn't have the details. You see, they had a big vision and they were able to basically because of that vision put their head down and start executing and hustling while staying focused on the ultimate goal And this allowed them to basically develop and to grow and to pivot into the ultimate opportunities that allowed them to manifest their vision, right? They set themselves up to work extremely hard, but still maintain flexibility, still maintain creativity, and still maintain and embrace change. So this week, we're going to take you through a slightly different approach to accomplishing your dreams and your best life. And I know it may sound like semantics a bit, and maybe it's just a different way for you to look at things, but that's really the whole reason I created the Daily Mastermind podcast and mobile app, right? My goal is to give you different perspective and get you thinking because you need to start thinking for yourself and you need to think out of the box and not just assume the direction that people give you. Fair enough? Okay, so here's what we're going to do this week. I call this the formula to crave your best life. And it's an acronym, CRAVE, C-R-A-V-E. And I'm going to go through it real quick and then we'll cover it throughout the week. The letter C stands for create your vision. That's the first step, not start working hard, create your vision. Step two, resolve to accomplish this vision. So R stands for resolve to accomplish your vision. The letter A stands for align the resources needed to accomplish your vision. A stands for align the resources needed. V is value your time. V stands for value your time. And then the letter E stands for execute a plan. You notice that comes after the rest. So create a vision, resolve to accomplish, align resources in your favor, value your time, and execute a plan. That's what we're going to cover this week in our series called Craving Your Best Life or the formula to crave your best life. I really am looking forward to this. We've got some amazing stuff to go through. I encourage you to share this series with someone you feel like might need a different perspective as well. I look forward to talking with you tomorrow. And as always, it's never too late to start creating and craving that life you were meant to have. I look forward to talking to you soon. It's George Wright III with the Daily Mastermind Podcast. Have a great day.