Freedom Through Passive Income

Ep 248 - Motivational Monday - What Gets Us Up In The Morning

September 05, 2022 Flip & Dani Robison Season 1 Episode 248
Freedom Through Passive Income
Ep 248 - Motivational Monday - What Gets Us Up In The Morning
Show Notes Transcript Chapter Markers

We're going to talk about a topic that is talked about a lot. That's why we didn't put it in the title and its goals. We want to make sure that people listen to this because we're not talking about goal setting or how to set goals, we're talking about the motivation behind setting them, why set them. Because it is what gets you up in the morning.

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We are going to share our three favorite quotes that talk about the motivation behind setting up goals. 

1) ”If you want to be happy, set a goal that commands your thoughts, liberates your energy, and inspires your hopes " by Andrew Carnegie. The goal is to wire your brain to get up and put into a train of getting that done and  figuring out the steps to get it done.

2) ”You should set goals beyond your reach so you always have something to live for.” by Ted Turner. Your goals will always align if you set them correctly and there's something you're really truly passionate about. 

3) "When it's obvious the goals cannot be reached, don't adjust the goals - adjust the action steps" by Confucius. Re-evaluate your action steps if you are not exactly where you want to be at that point in your goal.

If you get anything out of this episode it is to encourage you to set goals. Iif you're the passive investor, then set goals for your passive income. Because that means freedom, it means you get to be doing what you want, with whom you want, where you want. All of those things just matter so much and life changes once you get there. If you're an active investor, set your goal differently. Maybe you have some active goals, some passive goals, but set them no matter what they are, even if they're a little bit arbitrary. You want to wake up in the morning with that arbitrary goal that will get you up in the morning and fine tune itself over time.

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Hey everybody! Flip and Dani here, founders of the Freedom Real Estate Group Family of Companies. How's that? Hahaha, good job. Oh my goodness. Welcome to another episode of our podcast, which is called Freedom Through Passive Income. That's right, and welcome to another episode. And this is one of our motivational Monday's. And this one is entitled What Gets Us Up In The Morning. That's right. And whenever you hear Flip flub at the beginning, you missed the blooper right before he actually started the podcast over again. Yeah, whew. Hahaha! You'll see that at the end of this episode.

So, yeah, so what gets up in the morning? Oh! What is it? Coffee. Hahaha, that's what gets him up in the morning. That's actually very very true. Yup. So we're going to talk about a topic that is talked about a lot. And that's why we didn't put it in the title and its goals. And we want to make sure that people actually listen to this because we're not talking about goal setting or how to set goals, we're actually talking about the motivation behind setting them, why set them. Because it is what gets you up in the morning. And so I found three quotes that I really, really liked. So I'm going to start us off, and then we'll have Flip say one of them as well.

So the first one is, "If you want to be happy, set a goal that commands your thoughts, liberates your energy, and inspires your hopes." And that was Andrew Carnegie. And out of all the quotes that I read, that one was my absolute favorite because of the words "commands your thoughts", it does also liberate your energy and inspires your hopes. But truly, the goal is what takes your brain and puts it somewhere, right? And gives you a, I got to do this, I got to do this, I have a goal. I'm not living randomly and going, I don't know what I'm doing today. I actually said I'm going to do this and so I've got to get up and my thought is put into a train of getting that done and  figuring out the steps to get it done. But the liberating your energy and inspiring your hope is 100% true because we feel it. We feel the energy that having a goal gives us, we feel the hopes and dreams that we talked about at night that continue to grow all the time. Because we see that some of the goals coming to fruition, we're like, Whoa, we did it. Let's do another one. Let's do another one. And keeps on getting bigger. So the Andrew Carnegie quote was my absolute favorite. But I'll let you go and say the next one.

Yeah. And so this is from Ted Turner. Yep. Who took over Turner Broadcasting System, obviously, because that's his name. But he had a huge influence on a lot of people. And his quote is, "You should set goals beyond your reach so you always have something to live for." Yeah. And I love that. Yes, that really applies to Motivational Monday, right? Why do you get up? What are you doing? Why are you doing what you're doing all day long? Or if you have a nine to five job still, why are you doing things in the evenings and on the weekends? And what is your purpose? And those goals always align if you set them correctly and there's something you're really truly passionate about. It's what you're living for. You're truly wanting to see that thing come to fruition, because you've got some passion about it or some reasoning or a why set up around it. It could be your family, it could be a charity, it could be a cause. But it rightly is something that you live for. And it's why you get up in the morning.

And then the last one that I wrote down was something that I thought, you know what? We've done this before but this is a lesson I need to always keep in mind. And I probably am going to paste this one on my wall somewhere. But it's, "When it's obvious the goals cannot be reached, don't adjust the goals, adjust the action steps." I love that. And that was by Confucius. The reason I love this is because we've been known to set really high goals, right, knowing that I didn't care, I don't care about reaching them. If I get 80% there, Oh, I'm happy. I just want to try and get my brain wrapped around the idea of going after it no matter how big it is, right? But when we do like quarterly meetings, we do evaluations of where we're at with that goal, not only The Gap and The Gain book of being thankful of the progress that we've made, but if we're not as far as we should be in order to hit it, then don't feel like it's okay to hit 80%. At that point in time, say it's halfway through the year and you said I'm going to hit 100%, whatever a 100 means. And you're only at 30, when you should have been at 50. And that only means, I'm gonna get a little left brain here and I don't do that often anymore, but let's just say that the train was perfect, meaning you really should be at 50, at halfway through the year. Because sometimes trains, they need time to speed up, right? So 30 could be absolutely acceptable, because you knew you were gonna hit 70 the last half of the year because it sped up. But let's just say half of the year was 50, but you're only a 30. What Confucius is saying here is, don't let it be acceptable that you only hit 60 by the end of the year if you expect to only do the same, right? Now, figure out what action steps need to be shifted in order for you to make up the extra 20% that you lost and didn't achieve in order to still hit that goal. And I think that's a really, really great lesson, because it's very easy to just to go, Hey, 60 was okay. I mean, that was a crazy goal anyway. But if you just use the exercise of his extraordinary goal that was just outrageous, was to let your brain think outside of the box. So at that six month target, you should just let your brain do its work again, right? And just go Hey, no, that's still the goal. I'm not going to let myself off the hook. So how do we do it? How do we do double, and then 10% of what we did in the first half of the year? Right. So I thought that was a really, that one was an eye-opener that I said, I need to tell myself that one more often to just reevaluate my action steps if I'm not exactly where I want to be at that point in time.

So those are the three that I have. I don't know if you have any others. I know I didn't give you any time to prep. I never do. I just say, Hey, this is what we're talking about on today's podcast. Because the rule when we did this was I create content, you have fun. So you just sit there and you just joke and laugh. And then you make all of this funny and more fun than it would be otherwise. What was the term when they used to, like whenever you said like a goal that was so crazy. What was it like, Biggie? BHAG? Big Hairy Audacious Goals. Yeah, there it is. I was trying to think of what it was. Because we went through years of those. Yes, yes. But I think that setting that goal is what has always driven us. Yes. Because if we would have not set those and just kept it here, we would just be going like this (linear), we wouldn't be going like this (exponential) where we are. That's right. So I love that. Because we didn't adjust the goals. We did adjust the action steps. Yeah, exactly right. Yeah.

So our admonishment to you, I guess in this episode, is to set goals. And if you're the passive investor, then set goals for your passive income. If you haven't already, man, we've done. I don't know what episode number this is, but we've done hundreds of episodes at this point in time talking about figuring out what that passive income number is for you. Because that means freedom, it means you don't have to have your job. That means you get to be doing what you want, with whom you want, where you want. All of those things just matter so much and life changes once you get there. And it's remarkable to be working because you want to, not because you have to. So figure out what that goal is. And if you're an active investor, set your goal differently. Maybe you have some active goals, some passive goals, but set them no matter what they are, even if they're a little bit arbitrary. You want to wake up in the morning with that arbitrary goal that will fine tune itself over time. So sometimes, on our wrist, it says 1 billion assets under management. Was that thought out? No, it was not. It is an arbitrary number that we said, Hey, let's go for this. Let's figure it out. And we said $250 million raised, just an arbitrary number it's round, right? So of course, I didn't like overanalyze it. I just said, let's figure out how our brains can get to this number. And not only will it help us, it helps our team, it helps our investors. And that's really the goal. And so that's what we're asking you to do today is figure out what your goal is. Yep. Jump on the phone with us and ask us any questions that's going to allow us to help you get there. And make sure the goals are what makes you get up in the morning. That's right. Because like I said if the goals are too much, you're gonna wake up going, I can't get to it. Yep. And you won't get out of bed. Yeah. Everybody's personality is different with that series of episodes that were I think in the middle of right now. We're recording out of order right now. But I think this particular episode is airing right in the middle. Your personality dictates how you set goals. So think about that, too. That's a very good point.

Awesome. Well, I hope that you've enjoyed this episode. Make sure you head on over to our website to join the investor club and then again the website is www.FreedomCapitalInvestments.com. There we go. Just changing things up. Yeah. And make sure also you're checking us out on all the social medias, Facebook, LinkedIn, YouTube, Instagram, TikTok, and whatever else is out there.

But we like to end all of our episodes with Invest Smart, Live Happy Bye Everybody!

Bloopers: Hey, everybody! Flip and Dani here, founders of the freedom *Messes up again* I can't say it, Dani what is going on? Hahaha! We've done 12 episodes or 10 in the last two days, and you only flubbed once, now is twice. You're being a little dramatic. I can't talk! Hahaha!

Nothing on this show should be considered specific, personal, or professional advice. Please consult an appropriate tax, legal, real estate, financial, or business professional for individualized advice. Opinions and information on the show are not guaranteed. All investment strategies have the potential for profit or loss.


Transcribed by https://otter.ai



Intro
Welcome to our Podcast
We talked about Motivational Monday - What Gets Us Up In The Morning
Three Quotes about motivation behind setting goals
First quote by Andrew Carnegie
Second quote by Ted Turner
Third quote by Confucius
Big Hairy Audacious Goals
Set your own goals that will get you up in the morning
Join our Freedom Investor Club and check us out on social media!
A motto we live by... Invest Smart. Live Happy.
Bloopers
Disclaimer