Think Fast Talk Smart: Communication Techniques

113. Missing Something? How to Kick FOMO with Conscious Decision-Making

Oct 31, 2023

21:31

Snipd AI

In this podcast, Patrick McGinnis discusses FOMO (Fear of Missing Out) and how to combat it through conscious decision-making. He explores the negative impacts of constantly comparing ourselves to others and offers strategies for setting goals and defining success. The podcast also delves into the ingredients of successful communication, emphasizing truth, humility, and panache.

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Quick takeaways

FOMO, or fear of missing out, stems from constant comparison to others' lives and leads to feelings of inadequacy and hijacked decision-making.

Reducing FOMO involves introspection, challenging narratives, addressing aspirational FOMO, making data-driven decisions, and reframing internal dialogue.

Deep dives

Understanding FOMO and its Impact

FOMO, or the fear of missing out, is a pervasive fear that affects many individuals. It stems from the constant comparison to others' lives and a perception that one's own experiences are inadequate. With the rise of social media and the ability to see what others are doing at all times, FOMO has become even more prevalent. It not only pertains to missing out on events or social activities but also manifests in professional settings, where individuals question their career choices. FOMO can lead to feelings of inadequacy and can hijack one's intentions and decision-making process.

Understanding FOMO and the Difference with FOMO

00:43

The Importance of Truth, Humility, and Panache in Communication

01:21

Introduction

3min

Understanding and Addressing FOMO

7min

Setting Goals and Defining Success

4min

Exploring FOMO and Admiring a Communicator

2min

The Ingredients of Successful Communication: Truth, Humility, and Panache

4min

What if you had that job? What if you were with that person? What if there’s a better option out there? If you find yourself asking these questions, Patrick McGinnis invented the term for what you’re experiencing: FOMO.

First coined by McGinnis in a piece published by the Harvard Business School newspaper, FOMO (Fear of Missing Out) describes the anxiety we feel when thinking that other people are having more fun and living more fulfilling lives than we are. As McGinnis says, “We are constantly comparing ourselves to other people. We are seeing the options that are out there. And then we're saying, what I'm doing right now isn't good enough. I am missing out on something.”

Both in his book, Fear of Missing Out: Practical Decision-Making in a World of Overwhelming Choice, and in this episode of Think Fast, Talk Smart, McGinnis explains how conscious decision-making can help us feel more sure of our choices and experience less anxiety about the options we pass up.

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