Patrick McGinnis coined the term "FOMO" back in 2004 while writing an op-ed for The Harvard Business School Magazine. Patrick has finally written a book about FOMO: “Fear of Missing Out: Practical Decision-Making in a World of Overwhelming Choice.”
Patrick is also a venture capitalist, podcast host, and the author of “The 10% Entrepreneur.” In this wide-ranging interview we discuss FOMO (fear of missing out), FOBO (fear of better options), investing, and leadership in life and business.
TIMESTAMPS
- 1:20 Patrick’s #1 leadership tip (“Don’t try to lead; listen.”)
- 2:15 what causes FOMO
- 3:40 how to avoid FOMO
- 5:30 life decisions that people are most hesitant to make
- 8:15 FOBO (Fear of Better Options)
- 10:30 “The 10% Entrepreneur”
- 13:30 how to get started as a “10% Entrepreneur”
- 16:10 investing in IPSY and unicorn business ideas
- 19:50 balancing “10% entrepreneurship” with full-time work
- 21:30 deciding how much to risk
- 25:30 optimizing your success rate
- 30:00 The FOMO Sapiens Podcast
- 33:30 where to follow Patrick online
