“We suffer more in imagination than in reality.” — SenecaI do an exercise called “fear-setting” at least once a quarter, often once a month. It is the most powerful exercise I do.&nbsp;Fear-setting has produced my biggest business and personal successes, as well as repeatedly helped me to avoid catastrophic mistakes.ADDITIONAL RESOURCES:My <a href="https://www.ted.com/talks/tim_ferriss_why_you_should_define_your_fears_instead_of_your_goals" target="_blank">TED talk</a>, which is what you are listening to, gives you an overview, and the text at <a href="https://tim.blog/2017/05/15/fear-setting/?utm_source=podcast&amp;utm_medium=podcast&amp;utm_campaign=podcast" target="_blank">tim.blog/ted</a> provides more detail, step-by-step instructions, and real-world examples.You can watch the TED talk here: <a href="https://www.ted.com/talks/tim_ferriss_why_you_should_define_your_fears_instead_of_your_goals" target="_blank">https://www.ted.com/talks/tim_ferriss_why_you_should_define_your_fears_instead_of_your_goals</a>The three exercise slides from the TED presentation: <a href="https://tim.blog/wp-content/uploads/2017/06/ted_ferriss_fear_setting_sample_slides.pdf" target="_blank">https://tim.blog/wp-content/uploads/2017/06/ted_ferriss_fear_setting_sample_slides.pdf</a>This talk was also shared on the podcast <a href="https://www.ted.com/about/programs-initiatives/ted-talks/ted-talks-daily" target="_blank">TED Talks Daily</a>, where TED shares new ideas every weekday. You might also enjoy <a href="https://www.ted.com/about/programs-initiatives/ted-talks/ted-talks-daily" target="_blank">my conversation with Chris Anderson</a> on The TED Interview podcast, in which we discuss philosophy, psychedelics, and much more. SUGGESTED READING:<a href="http://tim.blog/2017/07/05/tao-of-seneca/?utm_source=podcast&amp;utm_medium=podcast&amp;utm_campaign=podcast-description" target="_blank">Tao of Seneca: Letters from a Stoic Master — Free PDFs of three volumes of Stoic writing and modern profiles.</a><a href="http://tim.blog/2015/05/06/how-to-commit-suicide/?utm_source=podcast&amp;utm_medium=podcast&amp;utm_campaign=podcast-description" target="_blank">Some Practical Thoughts on Suicide</a><a href="http://tim.blog/2016/01/22/the-tao-of-seneca/?utm_source=podcast&amp;utm_medium=podcast&amp;utm_campaign=podcast-description" target="_blank">The Tao of Seneca — On Groundless Fears</a>***If you enjoy the podcast, would you please consider&nbsp;<a href="https://podcasts.apple.com/us/podcast/the-tim-ferriss-show/id863897795?mt=2" target="_blank">leaving a short&nbsp;review&nbsp;on Apple Podcasts</a>/iTunes?&nbsp;It takes less than 60 seconds, and it really makes a difference in helping to convince hard-to-get guests.For show notes and past guests, please visit&nbsp;<a href="https://tim.blog/podcast/?utm_source=podcast&amp;utm_medium=podcast&amp;utm_campaign=podcast-description" target="_blank">tim.blog/podcast</a>.Sign up for Tim’s email newsletter (“5-Bullet Friday”) at&nbsp;<a href="https://go.tim.blog/5-bullet-friday-1/" target="_blank">tim.blog/friday</a>.For transcripts of episodes, go to&nbsp;<a href="http://tim.blog/transcripts" target="_blank">tim.blog/transcripts</a>.Interested in sponsoring the podcast? Please fill out the form at&nbsp;<a href="http://tim.blog/sponsor" target="_blank">tim.blog/sponsor</a>.Discover Tim’s books:&nbsp;<a href="http://tim.blog/books" target="_blank">tim.blog/books</a>.Follow Tim:Twitter:&nbsp;<a href="https://twitter.com/tferriss" target="_blank">twitter.com/tferriss</a>&nbsp;Instagram:&nbsp;<a href="https://instagram.com/timferriss/" target="_blank">instagram.com/timferriss</a>Facebook:&nbsp;<a href="https://www.facebook.com/TimFerriss/" target="_blank">facebook.com/timferriss</a>&nbsp;YouTube:&nbsp;<a href="https://www.youtube.com/timferriss" target="_blank">youtube.com/timferriss</a>

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#422: Fear-Setting: The Most Valuable Exercise I Do Every Month

Tim Ferriss: Bestselling Author, Human Guinea Pig