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The u2018Fear Of Missing Outu2019 primarily known as FOMO is a digital lingo/ slang used by people on Social Media. It is being recognized worldwide, and now is used to describe a human tendency. FOMO has now also taken over the business world.
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FOMO 01 01 IN ENTREPRENEURS BUSINESS PLAN | JANUARY 2020
WHATIS FOMO? Thefeelingofmissingoutfrom somethingthatothersaredoing, orsomethingbetterthanyou. Most adults phenomenonandhavetendedto experienceitprettyoftendueto theincreasingcompetition feel this Usually, thosewhogothrough experiencingFOMOalwayscrave formoreandwanttoacquire thingsthatotherspossess, such thoughts instill depressioninthem. anxiety and
Entrepreneursbelievethere’snothing worsethanmissingtheopportunities thatcouldhavechangedtheirlifeand businessforever. Itcouldhaveanything: anidea, anewproject, aninvestor, or anythingthatcouldhaveupliftedtheir businesstosomelevel. The ‘if’ thing hauntsthemlikeanythingandmakes themanxiousabouttheirupcoming venturestoo. However, accepting your faith and believing in your destiny is really important. Nomatterhowmuchyoutry therewillalwaysbesomeopportunities thatyou’llhavetomiss, ratherthan regrettingoverthem, alwaysbegrateful forwhatyouhavebuiltandcontinueto dothatwiththesamezeal.
Whenourcompetitorsstartgrowing, FOMO ON SUCCESS theneedtotastesuccessstrives moreinus. There’snoharmin thinkingbigofachievingsomething big, butsuccesstakesitsowntime topayyourhardworkoff. Havinga missiontobethereisonethingand notworkingenoughtoachieveitis another. Theeffortstomakeittothe topshouldkeepgoing, withoutthe fearofwhetheryou’lleverbeableto makeittillthere. Slowandsteady alwayswinstherace, andwanting instantsuccessisfoolishness. Itis completelyfinetotakesmallsteps tobeginyourjourney. HFLG • 2020
INVESTED COMPANY FOMO FOMOinentrepreneurshasbeenclaimed tobeanepidemicasmanymillennials sufferthroughit. HavingFOMOaboutthe smallestthingisnatural, weallexperienceit but, ifitmakesyoudepressed, stressed, restlessthenitisapointofconsiderationas itwillcontinuallyaffectthephysicaland mentalwell-beingofaperson. Youcan neverbiduponyourfuturewhetherthings willworkoutornot. However, consistencyis thekeyandhardworkistheonlywayto reachyourgoals. Learntoacceptyour fortuneandmoveaheadofit.
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