FOMO, FOBO and How To Make Great Decisions with Patrick McGinnis

All the Hacks with Chris Hutchins

Chris Hutchins

Business, Education, Investing, Society & Culture, Places & Travel, Self-improvement

4.7 • 1.4K Ratings

🗓️ 29 September 2021

⏱️ 56 minutes

🔗️ Recording | iTunes | RSS

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Summary

#22: Patrick McGinnis, bestselling author and creator of the word FOMO, joins Chris to discuss the history of FOMO, ways to overcome the toll it can have on your life, a framework to vastly improve your decision-making and their favorite hacks. Patrick McGinnis (@pjmcginnis) is credited for coining the words 'FOMO' and 'FOBO' in 2004. He's the author of two bestselling books: The 10% Entrepreneur and Fear of Missing Out: Practical Decision-Making in a World of Overwhelming Choice and his work has been featured in the New York Times, Politico, and more. He's also the host of the hit podcast FOMOsapiens. Full show notes available at: https://www.allthehacks.com/fomo-patrick-mcginnis Partner Deals Gelt: Skip the waitlist on personalized tax guidance to maximize your wealth Selected Links From The Episode Connect with Patrick McGinnis: Website | FOMOsapiens Podcast | Twitter | Instagram Patrick's Books: 10% Entrepreneur | Fear of Missing Out: Practical Decision-Making in a World of Overwhelming Choice Patrick's Course: How To Be A Part-Time Entrepreneur Course Ariana Huffington's Phone Bed: Amazon HabitShare App: Website Full Show Notes Who is Patrick McGinnis? (00:19) How he coined the word 'FOMO'. (02:40) The actual definition of 'FOMO' from its creator. (06:39) How to remember that social media is not a real representation of life. (08:41) Are you part of the 80% that sleep with their phone next to them? Do this instead. (11:09) Things you can do to lighten FOMO anxiety. (12:40) Was there FOMO before social media? (15:30) Core drivers of FOMO. (17:40) What is FOBO and is it more positive than FOMO? (18:28) How do you balance FOBO with healthy optimization? (A decision making hack) (20:42) The difference between maximizers and satisficers. (27:02) The great resignation: What you should do before quitting your job. (28:59) Should you have a successful side-hustle before quitting your job? (34:46) A funny hack for getting better treatment at restaurants. (38:20) Making meditation a habit that actually lasts. (competitive meditation) (39:14) Productivity hack: Getting a proper home office. (44:38) Connect with All the Hacks All the Hacks: Newsletter | Website | Facebook | Email Chris Hutchins: Twitter | Instagram | Website | LinkedIn

Transcript

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1:02.4	Money.
1:08.8	Hello and welcome to another episode of All the Hacks, a show about upgrading your life,
1:13.8	money, and travel all while spending less and saving more.
1:17.8	I'm your host, Chris Hutchins, and I'm excited to have you on my journey to find All the
1:21.8	Hacks.
	...

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