Navigating Life's Decisions and Seeking Mentorship

“You can't avoid regrets, but you can avoid certain regrets by really seeking advice and making the best decision you can with the information you have.” – Traci Barrett

The finer details of this episode:

• Evaluating the whole picture of one's life before making career changes
• Setting clear goals and maintaining a balance between future aspirations and present contentment
• Challenges of execution and the importance of staying disciplined for long-term success
• Setting clear vision and goals for the future
• Seeking advice from mentors and individuals with relevant life experiences

Episode resources:

• Summit Virtual CFO by Anders website: https://www.summitcpa.net/
• Email us with questions or if you’d like to be a guest on the show: youngcpasuccessshow@anderscpa.com
• We’re hiring! Check out our open positions: https://www.summitcpa.net/career-opportunities
• https://www.tracischubertbarrett.com/
• https://www.navigatethejourney.com/
• https://www.linkedin.com/in/tracischubertbarrett/

Timestamps:

Plans (00:00:23)

Discussion on making plans that end up going in a completely different direction or all wrong.

Unexpected life paths (00:00:36)

Personal stories of making plans that led to unexpected outcomes and pivoting in careers.

Career changes and pivots (00:02:00)

Reflection on feeling burnt out on a career, walking away, and then returning to the same industry.

Traci Barrett's career journey (00:07:16)

Traci Barrett's interest in the television world and her start at HGTV, including the network's launch and growth.

Longevity in a company (00:09:47)

The value of staying with a company for a long period and the decision to pivot after almost two decades at HGTV.

Pivoting and self-awareness (00:13:34)

The process of deciding to pivot, self-awareness, and evaluating the whole picture before making career changes.

Longevity mindset (00:16:44)

Reflecting on the benefits of having a longevity mindset early in one's career and advice for those early in their careers.

Balancing discomfort and growth (00:19:01)

Traci discusses the importance of embracing discomfort to grow and the impact of the hustle-culture mentality.

Seeking mentorship and perspective (00:21:03)

Traci emphasizes the value of mentorship and seeking guidance from those with more experience to navigate challenges.

Immediate impact vs. journey mindset (00:22:30)

Discussion on the pressure for immediate impact and the importance of embracing the journey, especially for young individuals.

Company's mission, vision, and values (00:25:00)

Traci highlights the significance of a company's mission, vision, and core values in guiding its growth and maintaining focus.

Contentment and gratitude (00:29:38)

Traci and the hosts explore the struggle of balancing goal-setting with contentment, emphasizing the importance of gratitude and mindfulness.

Routine, habits, and exponential growth (00:33:58)

The conversation delves into the impact of routines, habits, and the gradual, exponential nature of personal and professional growth.

Execution and accountability (00:35:47)

Traci emphasizes the importance of execution and accountability in turning dreams and goals into reality, highlighting the challenges and rewards of disciplined execution.

Setting yearly goals (00:38:05)

Traci suggests setting yearly goals instead of New Year's resolutions, focusing on personal growth and life vision.

Overcoming career pressure in 20s (00:38:35)

Joey reflects on feeling overwhelmed by career expectations in his 20s, and Traci emphasizes the importance of perspective shift.

Reevaluating goals and desires (00:39:34)

Traci advises questioning if goals align with personal desires and fulfillment, rather than societal expectations.

Balancing business decisions (00:42:11)

The discussion touches on making tough business decisions, choosing between options, and dealing with potential regrets.

Importance of mentors (00:44:09)

Traci emphasizes the value of seeking advice from experienced mentors for major life decisions and the impact of their guidance.

Embracing decision-making (00:46:09)

The speakers discuss the inevitability of regrets, advocating for making informed decisions and accepting the outcomes with grace.

Personal and professional evolution (00:48:19)

Traci shares her current roles as a busy wife and mother, navigating the challenges of parenting teenagers and embracing new career opportunities.