As you step into the role of CEO of your life, you have to decide where to double down. In this episode, we explore how to apply a high-level, managerial mindset to your resources, ensuring that you’re investing in the right things.

Carolyn Reddick joins us to bridge the gap between financial discipline and personal fulfillment. Carolyn is an Associate Professor of Practice in Accounting at Tippie, bringing her CPA experience from PwC to the classroom. She is an expert in helping leaders think like investors when it comes to priorities and vision. She shares how to navigate the trade-offs of daily life with more clarity and purpose.

Later in the show, we hear from Tippie student Raffay Malik. Raffay’s story explores the weight of big ambitions and the moment he realized that pursuing a dream requires more than just passion.

And finally, we will bring it all together with a Final Tip(pie) just for you.

Episode Chapters

(00:00) Intro

(01:30) Meet Carolyn Reddick

(03:07) Managerial accounting in daily life

(05:31) The importance of tracking and measurement

(07:52) Relevant vs. irrelevant costs in decision-making

(10:34) The three buckets of compensation

(13:43) Carolyn’s career pivot and value alignment

(17:12) Student Story: Raffay Malik on pursuing big dreams

(23:55) Final TIP-pie: Auditing your time and values

(26:51) Outro

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