#185 Fear Setting: How To Transform Apprehension Into Achievement
Nov 14, 2023
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Learn strategies for conquering fear and taking action in various aspects of life, including performing medical procedures, investing, and entrepreneurship. Discover the cost of inaction and how to overcome fear to make a successful career change. Find out how to achieve financial freedom and spend more time with family by addressing fears head-on.
Practicing stoicism can help overcome fears by focusing on what you can control and visualizing worst-case scenarios to take action and mitigate risks.
Fear journaling is a useful exercise for identifying and addressing fears related to investing and entrepreneurship, helping you separate imaginations from reality and make better decisions.
Deep dives
Techniques and strategies to overcome fears
One technique to overcome fears is to practice stoicism, which involves focusing on what you can control in a situation rather than stressing over things beyond your control. By accepting that some things are out of your control, you can direct your energy towards the controllable aspects and find ways to work through any situation. The Stoics also believed in premeditation of evils, where you visualize worst-case scenarios to prevent or decrease the chances of them happening. This helps you take action and mitigate the risks associated with your fears.
Fear journaling for investors and entrepreneurs
Fear journaling or fear setting is a useful exercise for identifying and addressing fears related to investing and entrepreneurship. It involves defining your fears by asking 'what if' questions and listing all the potential negative outcomes. The next step is to prevent those fears by brainstorming actionable steps to mitigate the risks and minimize the chances of those negative outcomes. Lastly, in the repair phase, you consider how you would handle the worst-case scenarios if they were to happen. Additionally, reflecting on the benefits of taking action and the costs of inaction can help you make better decisions.
Confronting fears and living more fully
Instead of avoiding or running away from fears, it is recommended to face them head-on. By addressing fears through techniques like fear journaling, you can separate imaginations from reality and gain clarity on what truly matters. The key is to focus on what you can control and surround yourself with people who share a similar mindset. By acknowledging fears, declaring them out loud, and finding the courage to overcome them, you can make better decisions and live a more fulfilling life.
In this episode, Dr. Peter Kim shares effective strategies for conquering fear with actionable guidance from Premeditatio Malorum. Discover how you can enhance your decision-making, perceive risks accurately, take action, and embrace a more fulfilling life.
Are you looking for a community to encourage you as you begin, or want to accelerate your business to the next level? Then join thousands of physicians who share the same journey of creating their ideal lives through multiple streams of income by joining us in our Facebook communities such as Passive Income Docs and Passive Income MD.
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