Tim Ferriss

Tim Ferriss talks about fear setting.

‘We suffer more often in imagination than in reality.’ Seneca

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8 thoughts on “Tim Ferriss

    1. Hey, good idea! How do you think you would try it at the gym? Tbh, even though I enjoyed this TED talk, I haven’t actually put fear setting into practice! I’d be interested to hear how it goes for you 🙂

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      1. I probably should have explained that better haha. Also thanks for the follow by the way! I really do appreciate you taking the time to have a look at my blog. I’d be glad to take any criticism you might have and I’m always looking to improve.

        Okay so, in one of Tim’s books (I believe it’s the 4 Hour Body) he talks about utilising loss aversion. I was thinking about applying the concept to the gym to keep me motivated.

        You’re basically putting money on the line if you don’t succeed. It takes advantage of the fact that people generally fear losing something more than they care about the possibility of gaining something. So a monetary reward is much less motivating than a monetary penalty.

        What I would do is to use a site like Stickk.com, set a goal and place a monetary penalty if I don’t succeed. And with this site, you can actually send your money to an anti-charity. So for example, if I don’t stick to my workout routine, I would lose $50 and it would be donated to an organisation I would rather “nuke than support” (an association that supports gun ownership or racism perhaps).

        I haven’t tried it because ironically, I’ve been fearful that I would lose my money, but I’m realising after this video that that’s completely the wrong frame of mind to be in and the potential benefits greatly outweigh the cost.

        Thanks for sharing the video! It’s actually helped decide to go through with the experiment! I’ll let you know how it goes 🙂

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  1. I try to apply this practice once a month. Just to clearly define what I can manage to take off my mental plate. It’s comforting to know that merely taking the time to examine little anxieties can put your mind at rest and allow for upcoming anxieties….Thanks for sharing! 🙂

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      1. Yes. It really does reduce the anxiety i have about decisions/tasks for the day/week/month. Merely thinking through the worst case scenarios and their respective, presumed solutions is just a great way to get out of your head. I have a spreadsheet i made for this very thing. (kinda nerdy, i know, but it ensures that I do the exercise too.) Would you like a copy?

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