Again Procrastination !Am I suffering from "Fear Of Losing Better Option" ( FOBO)

 WHAT IS FOBO?

THE FEAR OF BETTER OPTION.

YOU ARE HESITANT TO MAKE A DECISION BECAUSE SOMETHING BETTER MAY COME

ALONE OR THE PERFECT OPTION WILL COME ALONG TO MAKE YOUR DECISION EASY.

ALSO THERE IS FEAR THAT THE DECISION YOU WILL HAVE MADE WASN’T THE

POSSIBLE ONE.

HOW TO IDENTITY THAT YOU HAVE FOBO?

STRUGGLING TO MAKE DECISION, WAITING FOR MORE OPTIONS TO COME IN,

SPENDING EXCESSIVE TIME IN ANALYSIS. ULTIMATELY PROCRASTINATING TO

MAKE THE DECISION.

WHAT IS FOBO?

THE FEAR OF BETTER OPTION.

YOU ARE HESITANT TO MAKE A DECISION BECAUSE SOMETHING BETTER MAY COME ALONE OR THE PERFECT OPTION WILL COME ALONG TO MAKE YOUR DECISION EASY. ALSO THERE IS FEAR THAT THE DECISION YOU WILL HAVE MADE WASN’T THE POSSIBLE ONE.

 

HOW TO IDENTITY THAT YOU HAVE FOBO?

STRUGGLING TO MAKE DECISION, WAITING FOR MORE OPTIONS TO COME IN, SPENDING EXCESSIVE TIME IN ANALYSIS. ULTIMATELY PROCRASTINATING TO MAKE THE DECISION.

* WHO COINED THE TERM FOBO ?

     “FOBO” TERM WAS COINED BY “PATRICK MCGINNIS” A VENTURE CAPITALIST; WHILE EXPLAINING THIS CONDITION IN HARVARD BUSINESS SCHOOL NEWSPAPER, IN YEAR 2004.

* HOW COMMON IS FOBO ?

     AS PER A POLL CONDUCTED BY LINKEDIN ; EVERY TWO OUT OF THREE EMPLOYEES REPORTED FOBO, WHEN MAKING A CAREER DECISION. (THIS MEANS IT'S PRETTY COMMON !)

* WHAT ARE THE SIGNS OF FOBO? (ARE YOU SUFFERING FROM FOBO?)

1. COMPARING YOURSELF OR YOUR JOB WITH OTHERS.

2. EXPECTING AND SEARCHING FOR EXCESSIVE OPTIONS, IN THE PURSUIT OF PERFECT OPTION.

3. PROCRASTINATING OR NOT ABLE TO COME TO CONCLUSION OR DECISION WITHIN GIVES TIME FRAME.

4. REJECTING OPPORTUNITIES OR RELATIONS BECAUSE OF AN IMAGINARY PERFECT OPTION.

5. FEELING VERY ANXIOUS WHEN YOU GET TOO MANY OPTIONS IN FRONT OF YOU.

* HOW DOES FOBO AFFECT YOU?

FOBO IS A TIME KILLER. IT MAKES PERSON MORE AND MORE CONFUSED AND HENCE LEADS TO PROCRASTINATION OF DECISION. HENCE IT SABOTAGES MULTIPLE FUTURE POSSIBILITIES. 

SINCE PERSON SPENDS LOTS OF TIME IN BETTER OPTION FOBO ALSO UNDERMINES THE PRESENT TIME. THE QUANTITY OF TIME SPENT ON IMPORTANT FUNCTIONS IS REDUCED AND SPENT ON LESS IMPORTANT TASKS INCREASES.

FOBO LEADS TO LETS OF DISTRESS AND ANXIETY.

FOBO TAKES AWAY THE PERSON’S DECISIVENESS HENCE IT AFFECTS THE LEADERSHIP QUALITIES OF AN INDIVIDUAL.

* WHAT ARE CAUSES OF FOBO ?

THE POSSIBLE CAUSES OF FOBO ARE :- 

1. SELF DOUBT : DOUBTING ON OUR OWN DECISION

2. COMPARISON : COMPARING YOURSELF WITH OTHERS.

DUE TO SOCIAL MEDIA POSSIBILITY OF COMPARISON HAS INCREASED MULTIFOLDS.

3. FEAR OF CRITICISM : FEELS IF HE OPTS FOR SUB-OPTIMAL OPTION AND LATER ON LIVES A SUB-OPTIMAL LIFE, PEOPLE MAY CRITICIZE OR THINK THAT HE IS A FOOL.

4. LACK OF SKILL : SINCE CHILDHOOD THIS SKILL OF MAKING TIMELY AND WISELY DECISION IS UNDERDEVELOPED.

* HOW DO YOU OVERCOME FOBO ?

1. TIME FRAME : YOU HAVE TO SET TIME LIMIT TO TAKE A DECISION. WHATEVER DECISION IT MAY BE BUT YOU HAVE TO TAKE IT WITHIN THAT TIME LIMIT ONLY.

2. DECISIVENESS : DEVELOPING THE SKILL OF BECOMING MORE DECISIVE IS MORE IMPORTANT THAN DECIDING A BETTER OR PERFECT OPTION. FOCUS MORE TO DEVELOP THE MOST IMPORTANT SKILL TO BE DECISIVE.

3. DON’T COMPARE : YOU CANNOT COMPARE YOURSELF WITH OTHERS BECAUSE EACH INDIVIDUAL AND HIS / HER BACKGROUND IS DIFFERENT.

4. ACCEPT THE RESULT : EVEN IF YOU TAKE WRONG DECISION; IT IS ‘OK’. YOU HAVE AT LEAST DECIDED. YOU SHOULD ACCEPT THE RESPONSIBILITY OF THE CONSEQUENCES ALSO.