Episode 31: Let’s Set Some F*cking Goals

January 19, 2016
  • Hey yo and welcome back everyone!
  • So you may have noticed something different. Some intro music! Isn’t that kick-ass?
  • Story about Ex Number Five
Changes to the Podcast this Semester
  • Feedback I received about last semester format has me changing it up to one podcast a week and including everything I’d cover over two episodes in the past.
  • There will be 15-16 episodes this semester, one per week. Not sure how I’m going to handle Spring Break yet.
  • I will have refocused energy to stay on track and on what it takes to get that goal. Going down to one podcast per week has made it possible for me to outline the entire season ahead of time, which should lead to better quality shows that are more goal achievement-focused podcast overall.
  • A rough outline of the shows I have tentatively planned is on the blog now, so you can see what we have in store this semester. Check out the ideas I have planned at www.collegestudentsuccesspodcast.com or at www.facebook.com/collegestudentsuccesspodcast
Today’s Topic
Today I’m going to talk about what I’ll call Derek’s Five Factors for now.
I’ve been developing and informally testing these factors informally for the last year now as a way to determine if you’re on the right path when setting a goal.  That reassurance can be what you need in order to push through when you struggle. It can also help in predicting trouble spots that can be planned for.
That’s what I want you to think about when setting your goals this semester. 80/20 rules the day from here on out in Malenczak land. What’s the one goal you can set, that one smallest thing you can do in order to achieve the biggest result?
When thinking about the goal you’re going to set this semester, we are going to apply these 5 factors to the goal, and see how they jive. Let’s talk about the factors first:
Factor 1 – Passion
I talked about this a lot last semester, will continue to do so. You need something to help drive the  process when your body doesn’t feel like it.  Passion is where you start when thinking about goals. I read a great article on passion recently called “Screw Finding Your Passion” from an author named Mark Manson. As you can see, he and I share an affinity for cursing. You can read the rest of this article at this link: http://markmanson.net/passion
I love this, because I agree it should not be hard at all to answer the question “What are you passionate about?” yet that’s what students in particular seem to have a hard time acknowledging.  You know what my passions were in 1998, when I was a Junior in college?
  • Writing (poetry specifically)
  • Music (indie music like Modest Mouse when they used to be indie)
  • Experiments integrating psychedelics with the above two passions
My passion was not to graduate college, or become a teacher, or any other goal I had for myself at this time in my life. I was an English major. I was going to college b/c it was expected of me and my parents just assumed I should do it. I didn’t know what the fuck I was going to do with my life, but I did know what I was passionate about.
Passions change. I’m no longer passionate about those things. They were a by-product of the things I was experiencing at that time, and the interactions I was having with people in my life. It’s okay for passions to change, and it’s okay not be passionate about school, though I would not recommend to my son/daughter in today’s world to do what I did re: college 20 years ago.
I want your goal for the next three months to involve some passion in your life.
Factor 2 – Value
  1. The amount of money that something is worth : the price or cost of something

  2. Something that can be bought for a low or fair price

  3. Usefulness or importance

Taken from http://www.merriam-webster.com/dictionary/value

Ever notice last semester that more often than not, I tended to close the show with some kind of statement like “I hope you found some value in today’s show”? You can go back and listen, cause I did 😃
I stole that from a podcaster I used to listen awhile back. His name is Leslie Samuel, and his show is called Learning with Leslie, found at www.becomeablogger.com Great podcast for anyone who wants to… you guessed it, become a blogger!
I like that line b/c it really illustrates for me what I want this podcast to bring you. Let’s look back at that definition for a second.
Think about something in your life that has value to you. Let’s leave “priceless” items out of this, I want to be materialistic for a second here.
I’m going to talk about my blender here for a second. I know, bear with me for a minute.
Factor 3 – Leverage
Let’s return to Webster for a moment and define leverage.
  1. influence or power used to achieve a desired result

  2. the increase in force gained by using a lever

The second definition is a good way to illustrate what leverage is. The first definition is what I want you to think about when considering your goal this semester.
Leverage is something you hear about in the financial sector.
To explain why you might want to think about leverage when setting your goal, let me give you the thought process I had when setting the goal of making this podcast.
Leverage is probably the most difficult factor to define, and may not be present and/or necessary with all goals.  Sometimes you just wanna do something, and it’s for you. But I urge you to think about it some potential indirect benefits (that may be multipliers) that can come along with success. Use the goal to put yourself in a better position.
Ok, so to review, we have Passion, Value, & Leverage. Now we come to what I call the final two “abilities.”
Factor 4 – Accountability
I know I talked about this last semester, but I’m not sure I framed it as such.
  • Whenever I discussed the importance of writing down your goals, or the steps you’re going to take to achieve them, that’s accountability.
  • When I talked about telling other people what you plan to do, that’s accountability.
  • When I urged you to have a planner/calendar to organize your obligations, you guessed it, accountability.
Accountability is about ensuring that you take action on your goals. You have the passion inside of you, but it usually takes more than that.  Saying it out loud, writing it down, talking about it with friends, posting about it on FB, these are the actions that make the thing you’re trying to obtain more real. It’s far more easier to feel okay about letting yourself down, rather than letting someone else down that you care about. When change is brewing up in your head, even if you’ve made a firm decision, it’s still only an idea. When you put it out there to the world, that’s when you go from “idea” to “goal” and actually begin the movement/trek upward.
Accountability helped me greatly with my goal to quit smoking. It’s also helped tremendously with the podcast.  I can’t stress it enough.
Someone I’ve been listening to a great deal since ending with you last month has been Gary Vaynerchuk of Wine Library TV fame. He’s big into passion, and his goal is one day buy the New York Jets. It’s all he ever talks about, and I suspect part of it is an accountability tactic. The more he talks about it, the more it drives him to follow through on it. Learn more about Gary V. at http://www.garyvaynerchuk.com/
Factor 5 – Sustainability
If accountability is making sure the progress begins to happen, sustainability is making sure you set yourself up for success in the most efficient way possible. When I talked about the importance of habits last semester, I was talking about sustainability.  It’s the factor that I think of the most when considering 80/20.
Again, one more review of Derek’s 5 Factors:
  1. Passion – It’s the “why” behind the goal, and it all starts here
  2. Value – It’s what the goal should bring you
  3. Leverage – Smart goal-planning can lead to a better potential payoff down the road 
  4. Accountability – Gets you to take action on the goal
  5. Sustainability – Make those actions meaningful and part of an efficient routine
PVLAS – Here’s a silly sentence to help you remember: Peter Visits Ladies, Always Sexy!
With this in mind, what’s your goal for this semester?
  • It’s all about passion, even if one or more of those other factors don’t fit right now
  • Make the goal SMART – Specific, Measurable, Action-Oriented, Realistic, Time-based

Let’s set SMART goals at the College Student Success Podcast

  • Speaking of time, it should take about 3 months or so to achieve.
  • How I picked this 3 mo. time frame.
  • My goal for this upcoming semester
Next week we have a great interview in Dr. Dan Tomasulo, so make sure to check it out.
Please subscribe to my podcast in iTunes or Stitcher Radio. A rating and/or review also really helps out the show.
Thanks to Ex Number Five for permission to use “So Far Out” as today’s intro music. More info about them can be found at: www.facebook.com/exnumberfive
Thanks to Rob Cavallo for the outro music.  For more info about his music, please email peloquin17@yahoo.com
Stay tuned for some more fresh original music by Rob in upcoming shows!
I mentioned The Wealthsteading Podcast in this episode. Want to learn how the economy and our financial systems work in a way that’s easy to understand? More info can be found at:

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