Podcast Summary: Real Estate Investing School Podcast - Episode 223: Setting Goals to CRUSH 2025 with Brody and Andrea Fausett

Release Date: December 30, 2024

Introduction: Embracing Goal Setting

In Episode 223 of the Real Estate Investing School Podcast, hosts Brody Fossett and his wife Andrea Fausett delve into the pivotal topic of goal setting, aiming to empower listeners to "crush" their objectives by 2025. The episode emphasizes the significance of maintaining momentum through intentional goal setting, especially as the year concludes and many begin to wind down.

Brody [00:00]: "Now, you know that it's the end of the year, and this is the time where everybody takes their foot off the gas. And so this is also the time that it's a good chance to set goals and to get ahead to roll with that momentum into the new year."

The Dynamics of Goal Setting in Relationships

Andrea brings a unique perspective by highlighting how goal setting intertwines with married life and relationships. The hosts discuss their contrasting personalities, with Andrea being more organized and Brody embracing a more spontaneous approach. This dynamic serves as a foundation for their collaborative goal-setting strategies.

Andrea [01:23]: "You can... definitely bringing dynamics to goal setting and relationship."

The G.O.A.L.S. Framework: A Structured Approach

Central to the episode is the G.O.A.L.S. acronym, a structured method Brody and Andrea have developed to facilitate effective goal setting. Each letter stands for a specific component essential to achieving and maintaining goals.

G - Get in the Zone ([09:36])

Creating an environment conducive to goal setting is paramount. The couple emphasizes the importance of stepping away from daily distractions to focus solely on defining and strategizing goals.

Brody [09:36]: "We have, like, a cheesy acronym before we get into it. Um, this is just a quote that... if you're bored with life, you don't get up every morning with a burning desire to do things, then you don't have enough goals."

O - Order of Operations ([15:11])

Drawing parallels to mathematical order of operations, the hosts stress the necessity of following a systematic procedure in goal setting. Without a structured approach, goals become vague and unattainable.

Andrea [15:22]: "So goal setting is the same way. It's important to follow a procedure... it's more random."

A - Attach Meaning ([25:50])

Attaching personal significance to each goal enhances motivation and commitment. By understanding the "why" behind each objective, individuals are more likely to persevere and achieve their goals.

Brody [25:52]: "Why do you want that goal? Why do we want to be chaos on Maui? Why do you want to be more fit?... I have to ask, why."

L - Let Everyone Know ([30:04])

Publicly sharing goals fosters accountability. The couple encourages listeners to vocalize their aspirations to trusted individuals, thereby increasing the likelihood of follow-through.

Andrea [30:11]: "Let everybody know, right? Be loud about it. Like, be obsessed about it."

S - Schedule the Process ([38:05])

Transforming goals into actionable steps is crucial. By meticulously planning the steps required to achieve each goal, individuals create a fail-safe system that minimizes the chances of derailment.

Brody [38:05]: "This is what it all comes down to is a goal is just a goal unless there's a process to get there."

Personal Anecdotes and Practical Examples

Throughout the episode, Brody and Andrea share personal stories to illustrate the effectiveness of their goal-setting framework. One notable example is their journey to owning a beach house in Maui—a goal they set during a goal-setting retreat and successfully achieved by following their structured approach.

Andrea [21:48]: "We wanted to, like, own a beach house. And now at the end of the year, here we are living in our beach house on Maui."

Another memorable story is Brody’s “500 cup chocolate milk challenge,” which, despite its humorous nature, underscores the importance of public accountability in achieving even the most unconventional goals.

Brody [33:06]: "I set this goal that made no sense. But that held me accountable because I told everyone about it."

Strategies for Sustained Success

The hosts emphasize that setting goals is only the beginning. Sustained success requires:

1. Weekly Planning: Regularly revisiting and realigning weekly tasks with annual goals ensures consistent progress.

   Andrea [44:25]: "Weekly planning is huge... it realigns us with our goals."

2. Measurement and Reflection: Quantifying progress through measurable metrics allows for adjustments and continuous improvement.

   Brody [14:43]: "Like, it's a perfectly shaped wheel or this perfectly shaped pie."

3. Overcoming Challenges: Anticipating potential obstacles and preparing strategies to counteract them helps maintain momentum.

   Brody [37:21]: "I ate it because it was easy and it was available... you need to create the path of least resistance for your benefit."

Final Thoughts: Empowerment and Continuous Growth

Concluding the episode, Brody and Andrea inspire listeners to embrace goal setting as a lifelong practice that fosters growth, fulfillment, and success across all areas of life. They advocate for continuous improvement, urging everyone to remain proactive and intentional in their pursuits.

Andrea [43:12]: "If you're not changing, you're not growing. Like, change. Look back over the last year and be like, wow, what an awesome year."

Brody [46:38]: "You guys agreed? Easy."

Key Takeaways

• Structured Goal Setting: Implementing a systematic approach, such as the G.O.A.L.S. framework, enhances the effectiveness of goal setting.
• Accountability: Sharing goals with others increases commitment and accountability.
• Continuous Planning: Regularly reviewing and adjusting goals ensures sustained progress.
• Personal Significance: Attaching meaning to goals provides deeper motivation and purpose.
• Environment Matters: Creating a distraction-free zone is essential for effective goal setting and planning.

Resources Mentioned

• CouplesGoalSettingWorkshop.com: A free downloadable guide for structured goal setting in relationships.
• WeeklyPlanning.com: A resource for establishing effective weekly planning routines.
• Atomic Habits by James Clear: Recommended reading for building and maintaining good habits.

For listeners who missed the episode or wish to revisit the insights shared by Brody and Andrea, Episode 223 is available on the Real Estate Investing School Podcast platform and YouTube.