All the Hacks with Chris Hutchins FOMO, FOBO and How To Make Great Decisions with Patrick McGinnis
Sep 29, 2021
Patrick McGinnis, bestselling author and the genius behind 'FOMO' and 'FOBO,' dives into the impact of these concepts on our decision-making. He discusses how social media distorts reality and contributes to anxiety, while offering practical strategies to combat these feelings. McGinnis shares insights on improving decision-making, highlighting the phenomenon of 'analysis paralysis' and introducing the '10% entrepreneur' approach. The conversation is packed with useful hacks to live a more intentional and fulfilling life amid overwhelming choices.
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FOMO's Origin
- Patrick McGinnis coined "FOMO" in 2004 in a humorous article for Harvard Business School's newspaper.
- The article satirized the overscheduled life of MBA students, driven by a post-9/11 "live life to the fullest" mentality.
FOMO Defined
- FOMO is an anxiety, often fueled by social media, based on the perception of others having better experiences.
- It's the fear of missing out on a beneficial collective experience.
Managing Social Media FOMO
- Be mindful of social media's deceptive nature; it often presents unrealistic portrayals of others' lives.
- Unfollow accounts that trigger feelings of inadequacy and limit your usage of platforms causing stress.
