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

Partner Deals Long Angle: Join a free private community for high net worth investorsBilt Rewards: ⁠Earn the most valuable points when you pay rentQuince: Affordable luxury essentials with free shipping + 365 day returnsFabric: ⁠Affordable term life insurance for you and your familyMasterClass: ⁠Learn from the world's best with up to 15% offFor all the deals, discounts and promo codes from our partners, go to: allthehacks.com/deals#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 DealsFor all the deals, discounts and promo codes from our partners, go to: allthehacks.com/dealsResources MentionedConnect with Patrick McGinnis: Website | FOMOsapiens Podcast | Twitter | InstagramPatrick's Books: 10% Entrepreneur | Fear of Missing Out: Practical Decision-Making in a World of Overwhelming ChoicePatrick's Course: How To Be A Part-Time Entrepreneur CourseAriana Huffington's Phone Bed: AmazonHabitShare App: Website Full Show Notes(00:19) Who Is Patrick McGinnis?(02:40) How He Coined the Word 'FOMO'(06:39) The Actual Definition of 'FOMO' From Its Creator(08:41) How to Remember That Social Media Is Not a Real Representation of Life(11:09) Are You Part of the 80% That Sleep With Their Phone Next to Them? Do This Instead(12:40) Things You Can Do to Lighten FOMO Anxiety(15:30) Was There FOMO Before Social Media?(17:40) Core Drivers of FOMO(18:28) What Is FOBO and Is It More Positive Than FOMO?(20:42) How Do You Balance FOBO With Healthy Optimization? (A Decision-Making Hack)(27:02) The Difference Between Maximizers and Satisficers(28:59) The Great Resignation: What You Should Do Before Quitting Your Job(34:46) Should You Have a Successful Side-Hustle Before Quitting Your Job?(38:20) A Funny Hack for Getting Better Treatment at Restaurants(39:14) Making Meditation a Habit That Actually Lasts (Competitive Meditation)(44:38) Productivity Hack: Getting a Proper Home OfficeConnect with All the HacksAll the Hacks: Newsletter | Website | Membership | EmailChris Hutchins: Twitter | Instagram | Website | LinkedInEditor’s Note: The content on this page is accurate as of the posting date; however, some of our partner offers may have expired. Opinions expressed here are the author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.