The Long and The Short Of It 355. What the FOOC?
Jul 15, 2025
Explore the intriguing concept of opportunity cost and how it impacts decision-making. Discover the fears related to setting boundaries and engaging in practical goal setting. Learn strategies for balancing ambitious aspirations with real-world responsibilities. Jen and Pete discuss the importance of establishing a minimum engagement fee to streamline professional opportunities. Tune in for insights on navigating scarcity mindsets and the delicate dance between hope and practicality in pursuing your dreams.
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Artists' Fear of Financial Practicalities
- Jen Waldman met with 40 Broadway actors who all struggled to answer how much money they want to make practically.
- The reluctance revealed a common fear around discussing practical financial needs in goal setting.
Fear Linking Vision and Reality
- Acknowledging practical realities of goals can be scary because it forces us to bridge vision with real-life needs.
- Many fear they cannot have both a meaningful career and meet practical needs simultaneously.
Goal Setting Over Achievement
- Setting a goal is more important than achieving it because it makes you marry vision with actionable steps.
- This process reveals feasibility, resources, and people needed for progress.