Ep. 176: Fabian Lim Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

Michael Covel

Investing, Business

4.6 • 732 Ratings

🗓️ 30 October 2013

⏱️ 56 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

My guest today is Fabian Lim, an internationally acknowledged digital marketing expert and, in a sense, a life coach focused on helping individuals to discover their true selves. He is a serial entrepreneur, best-selling author, and licensed jet pilot.

The topic is entrepreneur.

In this episode of Trend Following Radio we discuss:

Life in Singapore generally, and how Singapore has become "the gleaming city on the hill"
Singapore's success despite its lack of natural resources, and how its airport represents the forward thinking found there
Lim's first entrepreneurial ventures
The varied reasons that cause us to become entrepreneurs, and the difference between online and offline entrepreneurs
Experience in the context of entrepreneurship, and how it can be used as an excuse
Timeframes and getting out of the "employee" mindset
Becoming rich, and why it's a choice
Classical conditioning, self-limiting beliefs, and breaking the mold to become an entrepreneur
The idea of "failing faster"
The connection between Lim's flight training and entrepreneurship
Risk and uncertainty
Using simulations to practice
Success traits and failure philosophy
Why choice can be the enemy of a successful entrepreneur

Jump in!

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I'm MICHAEL COVEL, the host of TREND FOLLOWING RADIO, and I'm proud to have delivered 10+ million podcast listens since 2012. Investments, economics, psychology, politics, decision-making, human behavior, entrepreneurship and trend following are all passionately explored and debated on my show.

To start? I'd like to give you a great piece of advice you can use in your life and trading journey… cut your losses! You will find much more about that philosophy here: https://www.trendfollowing.com/trend/

You can watch a free video here: https://www.trendfollowing.com/video/

Can't get enough of this episode? You can choose from my thousand plus episodes here: https://www.trendfollowing.com/podcast

My social media platforms:
Twitter: @covel
Facebook: @trendfollowing
LinkedIn: @covel
Instagram: @mikecovel

Hope you enjoy my never-ending podcast conversation!

Transcript

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0:00.0	This is Trend Following Radio, where great thinking comes alive.
0:10.9	Nobel Prize winners, legendary traders, bestselling authors, and the pros that know what drive us irrational human beings.
0:21.1	I am your host, Michael Cobell.
0:24.0	Not filtered, raw, honest.
0:27.3	That's my passion.
0:33.1	Before I introduce my guest, I want to talk about travel and the importance of travel.
0:42.4	And by no means am I an expert, and by no means have I experienced all there is.
0:49.5	Hopefully, in the short lifetime that we all have, I can experience a lot more.
0:55.8	But travel gives perspective.
0:59.0	Travel gives an awakening.
1:01.6	It gives another advantage, especially when you're outside your home country.
1:07.5	When you're outside your home country and you look in from the outside,
1:12.9	it's an entirely different perspective.
1:15.1	It's also interesting if you happen to be somebody like me who's looking in from the outside,
1:21.4	and I'll be back in the state soon enough, probably some more travel after that,
1:25.3	but when you're looking in from the outside and you happen to be somebody who has a podcast
1:32.2	and you happen to be somebody who has an opinion like I do,
1:36.6	I find it really interesting that occasionally it seems to upset people.
1:41.4	It seems to upset people that I have an opinion as an American outside of America,
1:48.0	even if it's on a temporary basis. It's quite interesting. Now, even though I'm the exact same person,
1:56.0	I have the same intellectual, rigor, debate, honesty going on in my head, apparently America is immune
2:06.6	to criticism if you're an American who happens to be outside the borders. So even if you happen
	...

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