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May 27, 2025 21 mins

Priorities change, but values don’t. And you can be lost without the proper goal…do you agree? If you feel that your personal and professional life need some alignment, you’re in the right place!

Tamara Loring and Dr. Mike Smith discuss how setting goals with purpose can help you design your personal life and career.

Tune in to hear about what setting goals helps you with from a psychological standpoint, the problem with mixing up a goal and a vehicle toward the goal, and the mindset needed to align your personal and professional life and goals as much as possible.

  • In this episode, co-hosts Tamara Loring and Dr. Mike Smith talk about defining your goals at this stage of your life.
  • Tamara is blown away by the fact that 75% of the American adult population is quitting their jobs.  
  • Today’s topic is close to Dr. Mike’s heart because it’s something he not only studied closely but also personally experienced while working at Berkshire Hathaway.
  • Dr. Mike opens up about how he realized that his personal and professional life goals were misaligned – and what he did to change things around.
  • Often, you’ll find yourself feeling a lack of fulfillment, accomplishment, and purpose, despite having hit your professional goals.
  • Thinking that the job is the dream or that the dream is the job is something many people can’t quite get…
  • The key question becomes: is the job or the career the goal or is it just a vehicle toward the goal?
  • Tamara gives a humorous example of something that pretty much nobody would dream of as their “dream business” but that could become a great vehicle to achieve your income goal.
  • Remember this: if your goals hit your primary aim in life, you’ll know that everything else will be a vehicle to help you accomplish that.
  • Dr. Mike points out that many people tend to live a life by default instead of a life by design.
  • Dr. Mike explains how, from a psychological standpoint, having goals gives you direction and motivation.
  • Proper goal setting helps you accomplish small wins that contribute to your bigger vision.
  • Moreover, real goal setting allows you to focus on prioritization.
  • When was the last time you had a workday go 100% according to your calendar? As Dr. Mike puts it, “priorities change but our values don’t.”
  • Having priorities deeply rooted in your values will make sure that they won’t change all the time.
  • You may be driven to focus on your goal but don’t forget to give yourself room to grow, learn and make mistakes, says Dr. Mike.
  • Tamara touches on the concept of “failing fast and failing forward.”
  • The late Bob Proctor defined a goal as the continual pursuit of a worthy, meaningful ideal.
  • Dr. Mike brings Tony Robbins into the conversation – he believes  it’s never a lack of resources, but a lack of resourcefulness, that stops us from moving forward.
  • Tamara shares an important reminder: just because something feels uncomfortable, it doesn’t necessarily mean it’s wrong. It just probably means that it’s outside of our current comfort zone.
  • Dr. Mike discusses his personal challenge in finding the right mentor and the impact that had on his journey.
  • Dr. Mike and Tamara wrap up by sharing an example that illustrates the importance of proper goal setting — and a reminder: you don’t have to go through all of it on your own.

 

 

Mentioned in This Episode:

YourCareerRevolution.com

CareerCompassShow.com/3

Tamara Loring

Dr. Mike Smith


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