"Fear setting provides clarity so that you can conquer your fears and take action. The worst-case scenario may not be as bad as you might assume, while not taking any risk could mean you fail to fulfill your potential. Attempting something new might trigger your fears, but even if you’re only partially successful in your endeavors, you may still reap significant benefits in the future.”
Source: Ness Labs
Topic: quitting a full-time job to find new sources of income.
Write down each column
Give an impact score. In each of the worst-case scenarios in the “Define” column.
1 to 10: 1 minimal impact and 10 is significantly life-altering
|write down your doubts, worst-case scenarios, and problems that might arise.||1 minimal impact and 10 significantly life-altering||explore how you can prevent those worst-case scenarios from occurring.||how you could repair the damage and get back on track if your fear were to come true.|
|not earning enough money to keep living as we do today||7||- experiment with as many ideas profitable ideas as we can|
|Complete success||Partial success||Attempt at success|
|work on what energizes me - 9||peace of mind that I'm trying - 8||development of new skills|
|flexible schedule - 9||flexible schedule||learn with the experiment|
|development of new skills - 10||improve the change of serendipities - 6||flexible schedule|
|unblocking a different way of living - 10||development of new skills - 10||peace of mind that I'm trying|
|more confidence financially - 10||learn with the experiment - 9|
Document the potential emotional, financial, and physical costs of not taking action.
|Six months||One year||Three years|
|Feeling stuck, drained, or regretting not trying||Same from 6 months||Same from one year|
|Trying to find a full-time job that aligns with what I value||Maybe in a full-time job|
|Negative impact on finances|