Analyze and confront your fears to prevent them from holding you back. Ferriss introduces a “fear-setting” exercise where you list your fears, explore their worst-case scenarios, and develop strategies to mitigate them. This process helps you take calculated risks with confidence.
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Similar ideas to Fear-setting
It is a decision-making tool for risky situations. The main point is that visualizing the worst-case scenarios lets you manage them rationally.
There are 3 stages in fear-setting for any decision:
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