The Greg McKeown Podcast

8. What's Essential: The #1 Reason We Struggle with FOMO with Patrick McGinnis

50 snips
Jul 20, 2020
Patrick McGinnis, the creator of FOMO and a venture capitalist, joins the conversation to explore the pervasive anxiety of missing out. He traces FOMO's roots from survival instincts to its surge in the social media age. The discussion uncovers the balance between digital connectivity and mental health, advocating for the Joy of Missing Out (JOMO) as a powerful antidote. McGinnis shares strategies for making intentional choices, reclaiming personal agency, and navigating decision-making to cultivate a more fulfilling life.
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INSIGHT

FOMO Definition

  • FOMO is anxiety from perceiving something better than your current activity.
  • It also includes the stress of potential exclusion from favorable opportunities.
ANECDOTE

FOMO Origin

  • Patrick McGinnis coined "FOMO" in 2003 at Harvard Business School.
  • The choice-rich environment, even without social media, fostered comparison and stress.
INSIGHT

Social Media's Role in FOMO

  • Social media amplifies FOMO, but it's rooted in human psychology.
  • It's fueled by societal comparison, not solely a social media phenomenon.
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