Patrick McGinnisEvery podcast appearance, updated as new ones drop

¿Sientes ansiedad cada vez que entras a LinkedIn y ves el éxito de los demás? No estás solo. El creador del término tiene la solución. En este episodio de Innovación Sin Barreras , grabado en vivo desde Impactaland (el hub de inversiones del ETM Day), nos sentamos con Patrick McGinnis , el hombre que acuñó el término FOMO (Fear of Missing Out) en un artículo de Harvard Business School en 2004. Pero Patrick dice que el FOMO no es nuestro peor enemigo. El verdadero villano es el FOBO (Fear of Better Opportunities): la parálisis que sientes cuando no puedes elegir porque "algo mejor podría aparecer". En esta conversación, liderada por nuestro co-host invitado Ronny Bortnic (creador del podcast Las 8 Preguntas ), Patrick desglosa sus frameworks para tomar decisiones rápidas, explica por qué el "JOMO" es una farsa, y se enfrenta a un debate picante con Ronny: ¿Realmente se puede emprender dedicando solo el 10% de tu tiempo? Lo que vas a aprender: 😲 Origen del FOMO: Cómo un estudiante de Harvard identificó la ansiedad de la era digital antes de que existieran las redes sociales. 🛑 FOMO vs. FOBO: Por qué el miedo a "algo mejor" es lo que realmente te impide avanzar en tu carrera y vida. 😌 ROMO vs JOMO: Por qué no deberías buscar la "alegría" de perderte cosas, sino el "alivio" (Relief). ⌚ El Hack del Reloj: La técnica absurda (pero efectiva) de Patrick para tomar decisiones de bajo riesgo en 2 segundos. 🥊 El Debate del 10%: Ronny desafía la tesis de Patrick: ¿Es el "10% Entrepreneur" un camino seguro o una pérdida de tiempo? ⏱️ Capítulos del Episodio 00:00 - Intro: Jaime Sotomayor y Ronny Bortnic (Co-host) 00:36 - La historia de Ronny: De vender muebles usados a podcaster viral 04:47 - Quién es Patrick McGinnis: De Maine a Wall Street y Harvard 06:06 - El origen del FOMO: La inseguridad de los más exitosos 11:21 - Cómo manejar la envidia en LinkedIn (Inspiración vs Distracción) 16:32 - ROMO (Relief) es mejor que JOMO (Joy) 20:00 - Cómo tomar decisiones más rápido: El hack del reloj 23:54 - FOBO: El miedo a las mejores oportunidades (Parálisis por análisis) 27:08 - Cómo tomar decisiones de alto riesgo (Matrimonio, Carrera) 31:14 - DEBATE: ¿Se puede emprender al 10%? Ronny vs Patrick 36:12 - Consejo para los 20s: ¿Emplearse o Emprender? 39:46 - Cierre y dónde encontrar a Patrick y Ronny 🎙️ Sobre los Invitados Patrick McGinnis: Inversionista de VC, escritor y speaker. Autor de los best-sellers The 10% Entrepreneur y Fear of Missing Out . Host del podcast FOMO Sapiens . Ronny Bortnic (Co-host): Emprendedor y creador de Las 8 Preguntas , un podcast de entrevistas profundas y directas. 📍 Sobre Impactaland Este episodio fue grabado en vivo desde Impactaland , el hub de inversiones del ETM Day , el evento de innovación y emprendimiento más grande de LatAm, powered by Impacta VC . Un espacio diseñado para conectar capital, conocimiento y oportunidades reales. 🔗 Conecta con nosotros Patrick McGinnis: https://patrickmcginnis.com Ronny Bortnic: https://www.instagram.com/ronnybortnic/ | https://www.instagram.com/las8preguntas/ Impacta VC: https://impacta.vc Jaime Sotomayor: <a href="https://www.l

This week, Ash is joined by Patrick McGinnis, an international venture capitalist, entrepreneur, and the man who coined the terms FOMO (Fear of Missing Out) and FOBO (Fear of a Better Option). Patrick brings a unique perspective to the conversation, helping us understand how these modern fears influence the choices we make in both our personal and professional lives. Patrick and Ash dive deep into how our constant bombardment of choices, amplified by social media and marketing, can lead to decision fatigue and self-doubt. They explore how FOMO and FOBO manifest in everyday life and provide strategies to break free from the cycle of comparison and uncertainty. Patrick discusses how we can focus on making intentional, fulfilling decisions by embracing the present moment and understanding the trade-offs inherent in every choice we make. He also shares valuable insights into overcoming choice paralysis and finding peace in knowing that not every opportunity is the right one for you. But that's not all. Patrick also introduces the concept of being a "10% entrepreneur" — someone who balances a steady job with entrepreneurial pursuits. This approach allows individuals to pursue passion projects without risking financial stability, while still investing time and energy into creating something meaningful. As the conversation unfolds, Patrick reflects on how this mindset not only applies to business but also to personal growth. From rediscovering your creative spark to learning how to invest in yourself, this episode provides actionable tools to help you make decisions that align with your long-term goals and lead to greater fulfillment. In This Episode, You'll Learn: How FOMO and FOBO affect decision-making and how to manage these fears. Strategies for overcoming choice paralysis and embracing the present. The power of understanding trade-offs and recognizing which decisions lead to fulfillment. How to become a "10% entrepreneur" and balance your career with entrepreneurial pursuits. The importance of rediscovering your creative spark and how it influences both personal and professional growth. How to invest in yourself and make decisions that align with your core values and long-term goals. This episode is packed with thought-provoking insights to help you navigate the complexities of modern decision-making, find peace in your choices, and take steps toward creating a life that aligns with your true passions. Connect with Patrick Mcginnis Website: https://patrickmcginnis.com/ IG: https://www.instagram.com/patrickjmcginnis/?hl=en Linkedin: https://www.linkedin.com/in/patrick-mcginnis Podcast: https://fomosapiens.com/ Connect with Ash: https://www.instagram.com/ashleystahl/ Want to become a professional speaker and skyrocket your personal brand? Ashley's team at Wise Whisper Agency offers a done-with-you method to get your signature talk written and booked and it's helped more than 100 clients onto the TEDx stage! Head over to W

Recruiting, Hiring, and Business Decision Making With Patrick McGinnis, Inventor of the Term FOMO We'll explore: How FOMO and FOBO Impact Businesses How to Make Low-Stakes Decisions Faster How to Make Good High-Stakes Decisions Creating a Company Culture That Reduces FOMO and FOBO Host: Mike Vannoy, VP of Marketing at Asure Expert Panelist: Patrick McGinnis, Inventor of the Term FOMO, International Venture Capitalist, and Author

Matt reflects on all the advice we've heard this season and shares the top 10 takeaways that he’s applying to his own communication: Episode Reference Links: Jonah Berger: episode 80 Rachel Greenwald: episode 89 Dan Pink: episode 92 Vanessa Patrick: episode 95 Carmine Gallo: episode 103 Katy Milkman: episode 104 Kim Scott: episode 105 Francis Frei: episode 109 Patrick McGinnis: episode 113 Julian Treasure: episode 114 Connect: Premium Signup >>>> Think Fast Talk Smart Premium Email Questions & Feedback >>> hello@fastersmarter.io Episode Transcripts >>> Think Fast Talk Smart Website Newsletter Signup + English Language Learning >>> FasterSmarter.io Think Fast Talk Smart >>> LinkedIn , Instagram , YouTube Matt Abrahams >>> LinkedIn ******** Thank you to our sponsors. These partnerships support the ongoing production of the podcast, allowing us to bring it to you at no cost. Unleash your Superhuman potential with AI that meets you where you work. Learn more at superhuman

What if you had that job? What if you were with that person? What if there’s a better option out there? If you find yourself asking these questions, Patrick McGinnis invented the term for what you’re experiencing: FOMO. First coined by McGinnis in a piece published by the Harvard Business School newspaper, FOMO (Fear of Missing Out) describes the anxiety we feel when thinking that other people are having more fun and living more fulfilling lives than we are. As McGinnis says, “We are constantly comparing ourselves to other people. We are seeing the options that are out there. And then we're saying, what I'm doing right now isn't good enough. I am missing out on something.” Both in his book, Fear of Missing Out: Practical Decision-Making in a World of Overwhelming Choice , and in this episode of Think Fast, Talk Smart , McGinnis explains how conscious decision-making can help us feel more sure of our choices and experience less anxiety about the options we pass up. Connect: Premium Signup >>>> Think Fast Talk Smart Premium Email Questions & Feedback >>> hello@fastersmarter.io Episode Transcripts >>> Think Fast Talk Smart Website Newsletter Signup + English Language Learning >>> FasterSmarter.io Think Fast Talk Smart >>> LinkedIn , Instagram , YouTube Matt Abrahams >>> LinkedIn ******** Thank you to our sponsors. These partnerships support the ongoing production of the podcast, allowing us to bring it to you at no cost. Unleash your Superhuman potential with AI that meets you where you work. Learn more at superhuman.com Join our Think Fast Talk Smart Learning Community and become the communicator you want to be.

.Do our leaders have our best interests in mind? Are humans more strongly motivated by love or fear? Join us this week as Manu sits down with Patrick McGinnis, venture capitalist and founder of the term FOMO. In this week's episode Manu and Patrick discuss the current state of politics, human nature, Vivek Ramaswamy, and much more. Episode #14 GUEST: Meet Patrick McGinnis Venture Capitalist and founder of the term FOMO Patrick McGinnis’ INFO: Instagram: https://www.instagram.com/patrickjmcginnis/ Twitter: https://twitter.com/pjmcginnis Website: https://patrickmcginnis.com/ Book: Fear of Missing out PODCAST INFO: Website: thehopefulmajority.com Spotify: spoti.fi/42GYjec Apple: apple.co/3qRsnqpo Youtube: https://bit.ly/youtube-hopefulmajority Instagram: https://www.instagram.com/manumeel_/ Twitter: https://twitter.com/ManuMeel_ OUTLINE: 0:00 intro 1:08 Manu’s take on what’s dividing us 5:47 introducing Patrick McGinnis 7:43 coining FOMO 12:40 obsession with opportunity 15:00 division and human nature 18:40 generating FOMO 24:37 Israel/Palestine and rank choice voting 27:50 FOMO looking forward 30:19 fear vs hope and love 35:09 2024 election and negativity vs positivity 39:40 how to market effectively 42:50 Vivek Ramaswamy 46:20 Authenticity 50:30 Biden and Gavin Newsom 53:40 balancing ambition vs serving 1:01:05 Why? Hosted on Acast. See acast.com/privacy for more information.

Patrick McGinnis is a best-selling author, speaker, entrepreneur, and international venture capitalist (VC) at Dirigo Capital Advisors. In 2004, he coined the term FOMO (Fear of Missing Out) and FOBO (Fear of a Better Option), and since then, FOMO has been added to the Merriam-Webster dictionary. The post 967: How Venture Capital Works With Patrick McGinnis, Dirigo Capital Advisors [K-Cup TripleShot] appeared first on Time4Coffee .

Patrick McGinnis is a best-selling author, speaker, entrepreneur, and international venture capitalist (VC) at Dirigo Capital Advisors. In 2004, he coined the term FOMO (Fear of Missing Out) and FOBO (Fear of a Better Option), and since then, FOMO has been added to the Merriam-Webster dictionary. The post 965: What It’s Like to be a Venture Capitalist With Patrick McGinnis, Dirigo Capital Advisors [Main T4C Interview] appeared first on Time4Coffee .

Partner Deals Long Angle: Join a free private community for high net worth investors Quince: Affordable luxury essentials with free shipping + 365 day returns LMNT: ⁠Free sample pack of my favorite electrolyte drink mix Fora: Become a Fora Advisor today Bilt Rewards: ⁠Earn the most valuable points when you pay rent For 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 Deals For all the deals, discounts and promo codes from our partners, go to: allthehacks.com/deals Resources Mentioned 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 (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 Meditat

#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 For all the deals, discounts and promo codes from our partners, go to: allthehacks.com/deals Resources Mentioned 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 (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 Office Connect with All the Hacks All the Hacks: Newsletter | Website | Membership | Email Chris Hutchins: Twitter | Instagram | Website | LinkedIn Editor’s Note: The content on this page is accurate as of the posting date; howev

It's easy to sit on our phone, scroll through social media and feel the fear of missing out, or FOMO. Everything looks amazing! Why aren't I doing that? Why don't I have that in my life? When it comes to dating, it's easy to not make a decision or commitment when there are so many options available. It's the fear of better options, or FOBO. But how do we live in the moment? How do we make the decision? How do we appreciate what we already have? This week Maria discusses this and more with the man that created the term FOMO, Patrick McGinnis! Patrick J. McGinnis is a venture capitalist and the author of Fear of Missing Out: Practical Decision-Making in a World of Overwhelming Choice and The 10% Entrepreneur: Live Your Startup Dream Without Quitting Your Day Job. Patrick coined the term FOMO (Fear of Missing Out), as well as the related term FOBO (Fear of a Better Option) in a 2004 article in the student newspaper of Harvard Business School. Since that time, FOMO has since been added to the dictionary and FOBO has become an increasingly popular framework to describe choice paralysis. Patrick is also the host of the hit podcast, FOMO Sapiens ( www.fomosapiens.com ), where entrepreneurial thinkers unpack how they make decisions. He has been featured in The New York Times, Politico, The Financial Times, and The Guardian. Visit Patrick's website: https://patrickmcginnis.com/ Follow Patrick on Instagram: https://www.instagram.com/patrickjmcginnis/ Read Patrick's article on FOMO and the vaccine: https://www.businessinsider.com/vaccine-fomo-might-end-pandemic-skeptics-fear-of-missing-out-2021-3 To learn how Maria can help you find love in 2021, go to: https://linktr.ee/agapematch Follow Maria on Instagram Follow Maria on TikTok Have a question for Maria? Visit http://askamatchmaker.com Enroll in Agape Match's Group Coaching Intensive: https://agapematch.com/events To learn more about how Maria and how her team can help you find love, visit agapematch.com

FOMO (Fear Of Missing Out) - can be one of the most crippling feelings, especially for young people in 2020. EVERYONE feels FOMO. In the day & age of social media, the "fear of missing out" hits us from all sides. Often times it’s not even about missing out, it’s about having the perception that there’s something better out there than what we’re currently doing. We have no idea if it lines up with reality, but it still drives us crazy! FOMO can also just be the feeling of being left out. Everyone feels it, and it’s impossible to get rid of, so we must learn to control it. Patrick McGinnis coined the term “FOMO” back in 2004 while at the Harvard Business School. He’s an entrepreneur, speaker, author, and host of the podcast “FOMOsapiens” who specializes in this realm of fear that affects us everyday. This week, Patrick joins ACE Weekly to talk about how we can handle that fear, and how flexibility through chaotic times can keep us sane. We all suffer from FOMO... tune in this week to learn how you can handle it and take on life with the flexibility you deserve. Check out Patrick's Ted Talk: How to make faster decisions Ted talk by Patrick McGinnis: https://m.youtube. com/watch?v=cTIUiN6inIQ Patrick’s website: https:// patrickmcginnis.com Connect With Us On Social!: @patrickjmcginnis @andrewevansofficial @aceweeklypodcast Show Notes: 00:19- Intro 05:00- The origin of FOMO 10:00- The value of autonomy 13:00- Business leaders stepping up politically 17:00- Starting the day from a positive place 21:00- From The Wall Street dream to entrepreneur 25:00- The 2 aspects of FOMO 28:00- How to make faster better decisions 38:00- FOGO: Fear of going out & Covid-19 42:00- How irrational fear is killing us 45:00- Flexibility through change 49:00- The 10% entrepreneurs 57:00- What kind of lifestyle do you want?

‘Beauty is in the imperfection. I think the parts of me that I like the best are maybe the parts that nobody see’s which are super crazy and aren’t perfect. But they’re the parts that make me different and the parts that teach me the most. I’m actually not afraid of that side of me. I embrace it. Some of the things we are not perfect at, we have to work on them too. But they are definitely a part of who we are as much as the stuff we love to tell everybody about. The flaws are good too’ Patrick Mcginnis We are truly grateful to have some absolutely incredible advocates like Patrick getting behind the @imperfectlyperfectcampaign Global Efforts and sharing their stories to help us change the narrative around mental health especially through the corporate sectors. Patrick J. McGinnis is a venture capitalist, writer, and speaker who has invested in leading companies in the United States, Latin America, Europe, and Asia. He is the creator and host of the hit podcast FOMO Sapiens, which is distributed by Harvard Business Review and has achieved over 2 million downloads. Patrick coined the term “FOMO” short for “Fear of Missing Out”, which was added to the Oxford English Dictionary in 2013. He is also the creator of the term “FOBO” or “Fear of a Better Option” and has been featured as the creator of both terms in media outlets including the New York Times, The Financial Times, Boston Globe, Guardian, Inc. magazine, Cosmopolitan, and MSNBC. His TED Talk “How to Make Faster Decisions” was released in 2019. Patrick is the author of the international bestseller The 10% Entrepreneur: Live Your Startup Dream Without Quitting Your Day Job, a guide to part-time entrepreneurship. This episode, Glenn delve's passed an incredible career to find out about the man behind the profession. What comes with being a young academic at the Harvard Business School, being surrounded by success and fellow driven entrepreneurs that now run some of the worlds largest organisations, keeping up whilst simultaneously studying, aiming for this idea of ‘perfection’ and dealing with ‘FOMO’ which so many of us deal with. To find out more about Patrick, simply head to his official website at https://patrickmcginnis.com and across his socials @patrickjmcginnis Be sure to also check out his podcast 'FOMO Sapiens with Patrick.J.McGinnis' across all major platforms. To find out more information on the Imperfectly Perfect Campaign and our Global Efforts, simply head to our official website at imperfectlyperfectcampaign.org Voice-Over: Mike Christenson of thevoicemonkey.com

Wouldn’t it be great to feel more confident, courageous, and less stuck about decision-making? In this episode, Jill talks with Patrick McGinnis, who coined the term FOMO (Fear of Missing Out) about his new book Fear of Missing Out: Practical Decision-Making in a World of Overwhelming Choice. Join us for this fun and rich discussion about the causes and pitfalls of FOMO. We also talk about FOMO’s darker cousin FOBO (Fear of a Better Option). Later get tips for how to overcome indecision You'll find the power to choose what’s right for you by honing your decision-making skills. Listen and Learn What are FOMO and FOBO? FOMO and FOBO’s evolutionary roots FOMO’s dark tollFOBO’s darker tollWhy FOMO’s good- in moderation- and FOBO’s always badHarnessing FOMO’s upside to work for youPatrick’s hacks to squelch indecisiveness Tips to help your kids not fall prey to FOMOHow FOMO and FOBO fluctuate across the lifespan About Patrick McGinnis Patrick J McGinnis is an international venture capitalist and author of Fear of Missing Out: Practical Decision-Making in a World of Overwhelming Choice. Patrick coined the term FOMO (Fear of Missing Out) as well as the term FOBO (Fear of a Better Option) in a 2004 article in the student newspaper at the Harvard Business School. FOMO has since been added to the dictionary and FOBO has become an increasingly popular framework to describe analysis paralysis. Patrick is the host of the hit podcast FOMO Sapiens, which is distributed by Harvard Business Review, and the author of the international bestseller The 10% Entrepreneur: Live Your Startup Dream Without Quitting Your Day Job. He has been featured in the New York Times, Politico, The Financial Times, the Guardian, and Inc, and gave a popular 2019 TED Talk on FOBO and decision-making. Patrick has traveled to 103 countries and lives in New York City. Resources Fear of Missing Out: Practical Decision-Making in a World of Overwhelming Choice by Patrick McGinnisThe 10% Entrepreneur: Live Your Startup Dream Without Quitting Your Day Jobby Patrick McGinnisWebsite: www.patrickmcginnis.com Podcast: FOMO Sapiens Instagram: @patrickjmcginnisTwitter: @pjmcginnisFacebook: https://www.facebook.com/ItsPatrickJMcGinnis 127. Indistractable with Nir Eyal Learn more about your ad choices. Visit megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info .

What are you really missing out on? You’re home on a Friday night, scrolling through Instagram, ready to go to bed. You see pictures on your timeline of a party you were invited to, but didn’t go to. You were confident when you said no, but now you can’t stop thinking about it, and you start feeling worse. You have FOMO, or, Fear of Missing Out. Coined in a Harvard Business School article, FOMO has become a global term to describe the decimating anxiety when thinking other people are having better, more fulfilling, experiences than you are. It’s a natural, biological response, but that doesn’t make it feel any better. Amplified by the rise of social media, #FOMO has become a cultural crisis―so what’s the cure? Patrick McGinnis, creator of the term FOMO, has been thinking about it for seventeen years―and he has a solution: decision-making. Learning to weigh the costs and benefits of your choices, prioritizing your decisions, and listening to your gut are central to silencing FOMO and its lesser-known cousin, FOBO: Fear of a Better Option. After all, don’t you want to feel comfortable and confident in your decisions? Bio: Patrick J. McGinnis is a venture capitalist and private equity investor who founded Dirigo Advisors, after a decade on Wall Street, to provide strategic advice to investors, entrepreneurs, and fast-growing businesses. In this episode of Trend Following Radio: Overwhelming Choice Decision-making Fear of a Better Option (FOBO) Fear of Missing Out (FOMO) Social Theory at HBS: McGinnis’ Two FOs

Whether we like it or not, we are constantly being affected by the ‘fear of missing out’ or ‘FoMO’, a term coined by investor Patrick McGinnis in 2004. Patrick McGinnis. (Image via Patrick McGinnis' Twitter) Our generation is increasingly desiring to be connected to what others are doing in order to avoid the loss of potential fun experiences. Social media is not making this easier explained McGinnis in Amman on August 1, during an event organized by Wamda and hosted by the Abdul Hameed Shoman Foundation Grant Program. This need of maximized level of experience is also felt in the workplace: As a potential entrepreneur you’d want to quit your desk job and follow your passion, but at the same time you’d want to keep your status and sustainable pay cheque. To McGinnis the way out of this dilemma is pretty simple: keep both. But how do we make sure we don’t lose focus and fail in both worlds? We answer this question and more in an interview we had with McGinnis to learn more about his theory and what brings him to the MENA region. Tune in to the podcast below to listen to the full interview.

The Real Deal with Jason Silverman featuring Patrick McGinnis: The 10% Entrepreneur Welcome to this edition of THE REAL DEAL with Jason Silverman! Jason Silverman got a chance to catch up… The post The 10% Entrepreneur with Patrick McGinnis appeared first on Jason M. Silverman .

The Real Deal with Jason Silverman featuring Patrick McGinnis: The 10% Entrepreneur Welcome to this edition of THE REAL DEAL with Jason Silverman! Jason Silverman got a chance to catch up with author Patrick McGinnis for a fun and truly eye opening conversation on how make time for the creative part of business. If you’re looking to take… The post The 10% Entrepreneur with Patrick McGinnis appeared first on Jason M. Silverman .

Patrick McGinnis shows how you can develop your entrepreneurship--and job skills--while keeping the stability of your day job. You'll Learn: Why you should consider being a 10% entrepreneur Two strategies to determine where you should really focus your time and energy Tried and tested ways to see if your big idea will work out About Patrick: Patrick J. McGinnis is a venture capitalist and private equity investor who founded Dirigo Advisors, after a decade on Wall Street, to provide strategic advice to investors, entrepreneurs, and fast growing businesses. In this capacity, he has worked in a range of settings, from building startups from the ground up in Silicon Valley to acting as an expert consultant to the World Bank in Latin America, Africa, and the Middle East. He is the author of the book The 10% Entrepreneur . He has also written articles for well-known publications such as Fortune, Business Insider, and Forbes. Patrick is a graduate of Harvard Business School and Georgetown University and lives in New York City. View transcript, show notes, and links at http://AwesomeAtYourJob.com/ep161

Show Notes: http://intrepidentrepreneur.net/ patrick-mcginnis / How many people are able to quit their day jobs and jump right into a successful entrepreneurial career? Hardly anyone that I know has been so lucky. No matter how passionate you are about your work, it takes time to build a business. Patrick McGinnis is an entrepreneur with a background on Wall Street, venture capital, private equity, and the author of “The 10% Entrepreneur”. We’re digging into what it means to be an entrepreneur with a day job. Patrick’s explaining what makes someone a 10% Entrepreneur , and how continuing in your current job can profit everyone. We’re getting into the benefits of hands-on experience, diversifying your skill set, and developing entrepreneurial muscle , in just 10% of your time. Patrick knows what it is to work for your money, and how important it is to insulate your income. This is an amazing episode for those of you working multiple jobs, and everyone interested in getting started on something new this year. Bravery and Business Quote “I decided I was no longer going to do things where I put all of my trust into somebody else.” Patrick McGinnis (click to tweet) The Cliff Notes Don’t quit your day job! Start something new and get involved with entrepreneurship with 10% of your time. Diversify your skills by trying different kinds of ventures and business ideas. The more you do, the more you learn. A 10% entrepreneur wants to create a diverse portfolio of living, breathing businesses that function on their own. Developing more skills and entrepreneurial muscle will benefit you in and the company you work for during the day. You don’t have to have money to be a successful entrepreneur. Start small and grow as your business demands. No job is really 100% safe. Things happen, so diversify your skills set and income so you’ll always have something to fall back on. Don’t fall for entrepreneur FOMO! Starting a business is not as glamorous or exciting as it seems. It’s a lot of hard work with slow payoff. Be empowered, not overwhelmed, to take the first step. Spend 10% of your time developing your concept, or getting involved with another new business. You can only learn so much by reading and taking courses. Get out there and start trying things. Working on the side will give you proof of concept for your business before you go all in or try to get investors. “Most entrepreneurs don’t jump right

On today's episode, Marc is joined by Patrick McGinnis, venture capitalist and private equity investor. He is the author of "The 10% Entrepreneur" which is based on his ability to generate an income from a typical job and his entrepreneurial business at the same time. Patrick joins Marc to discuss how he's built a diverse portfolio of investments outside of his day job, and takes the time really go in deep about how and why he got there. Listen in to hear why the 2008 financial crisis was a bit of wake up call for Patrick, and in doing so, how he found pathways to more interesting and fun ventures. We're fortunate to learn from Patrick's experience, from his first steps all the way to his current investments. Find out why the "elevator pitch" is so important, and how to market a product that doesn't even exist yet. We even hear a story of a journey across South America that lead Patrick to his favorite inspirational quote. Tune in to find out how you too can be a 10% Entrepreneur. Learn: - The Elevator Pitch - How to market a product that doesn't exist - Patrick's 3 tips for budding entrepreneurs - Why building a team is so important - To use your 10% to do many different things - Recommendations for creating a great pitch - Patrick's advice for breaking through Key Links from the Show: www.patrickmcginnis.com - Patrick's Personal Site https://twitter.com/pjmcginnis - Patrick's Twitter https://www.facebook.com/The10PercentEntrepreneur/ - Patrick's Facebook

Patrick McGinnis has a new book out called The 10% Entrepreneur . It's a novel idea that has the same roots as Nassim Taleb's barbell investing approach. Nassim Taleb suggests putting 10% of your assets in high-risk high-reward assets that could multiply enormously and the other 90% of your assets in plain old cash. That way you can never go bankrupt, because only 10% of your assets are exposed. Similarly, Patrick McGinnis suggests investing 10% of your time in entrepreneurship and 90% of it doing something safe like a day job. Only when your idea proves itself viable do you quit your job and start looking for venture capital, if you even want to go that path. James Altucher talks about this all the time. He didn't quit his job until his side project could pay for his lifestyle. This week, we talk to Patrick about this idea and much more.