“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.