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How to Beat F.O.B.O., From the Expert Who Coined It
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Fear of Better Options (F.O.B.O.)
F.O.B.O is our inability to decide between different options all of which are decent. It can lead us to paralysis when we’re in the process of making a decision.
F.O.B.O. means obsessively researching every possible alternative, when faced with a decision, fearing we’ll miss out on the best one. It can lead to indecision, regret and is a serious threat to our happiness.
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What Causes F.O.B.O.
For F.O.B.O. to happen, you have to have multiple options. It is mostly a consequence of our world in which everything seems possible.
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Mostly Fine Decision
To beat FOBO, find the Mostly Fine Decision. This is the outcome you’d be ok with, even if it’s not the absolute best possible one.
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Thinking Like Venture Capitalist
For the important things you have to consider, think like a venture capitalist: jot down everything you can on the subject you're trying to decide on ( the pros, cons for example) and read it out loud.
This is almost like writing an investment memo for a V.C. investment: for this situation, the investment is of your time, money, energy, etc.
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The fear of missing out (FOMO)
FOMO and the quality of our experiences
Overcoming FOMO
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Procrastination
Break it down
The key to achievement is your ability to break down the task into manageable pieces and knock them off one at one time.
Discipline yourself to look neither forward nor backward and you can accomplish things you never thought you could possibly do.
Write it down
Instead of describing the things you want to do or the places you want to go, you’re going to describe what you actually do with your time.
Keep a diary of your activities. Make an entry in your time diary at least once every 30 minutes, and keep this up for at least a week. It forces you to see what you're actually doing and what you're not doing.
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Social jet lag
4 Types of Sleeper based on Chronotype
- Bear: good sleepers with internal body clock that tracks the rise & fall of the sun. 50% of the population.
- Wolf: people who prefer to stay up late. 15-20% of the population.
- Lion: classic morning people. You read about them in all the productivity articles. 15-20% of the population.
- Dolphin: light sleepers, who frequently get diagnosed with insomnia. 10% of the population.