Fear-setting
Write down the worst case, how to prevent it, and how to repair it
A structured writing exercise for decisions you keep avoiding: define the worst thing that could happen in concrete terms, list what you would do to prevent each item, and list how you would recover if it happened anyway. Then, separately, price the cost of inaction over six months, a year and three years. It usually reveals that the downside is temporary and the cost of doing nothing is not.
Who backs it
Sorted by strength of stance
- Tim FerrissDoes it
Author · The Tim Ferriss Show
Created the exercise and runs it at least quarterly, often monthly, defining the worst case and the cost of inaction side by side.
Source: tim.blog: fear-setting
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