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How to Beat F.O.B.O., From the Expert Who Coined It

Fear of Better Options (F.O.B.O.)

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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How to Beat F.O.B.O., From the Expert Who Coined It

How to Beat F.O.B.O., From the Expert Who Coined It

https://www.nytimes.com/2018/07/30/smarter-living/how-to-beat-fobo-from-the-expert-who-coined-it.html

nytimes.com

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Key Ideas

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.

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.

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.

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 = the compulsive desire to experience something (or be somewhere) motivated by the fear of what you will potentially lose. And this idea of loss is usually imagined. FOMO is that i...
FOMO and the quality of our experiences
FOMO make us want to accumulate as many experiences as possible, but at the same time, it robs those experiences of any real meaning. That's because it causes people to make their decisions based not on the reality of the experience, but rather the imagined experience. 
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