Good Housekeeping (Philippines) - - Your Money -

Many times, what keeps you from turn­ing a big dream into re­al­ity is the fear of fail­ure. It’s a crip­pling thing in­deed, but you can turn it on its head and use it to your ad­van­tage. How? “De­fine your night­mare, the ab­so­lute worst that could hap­pen if you did what you are con­sid­er­ing,” writes en­tre­pre­neur and mo­ti­va­tional speaker Tim Fer­riss in his book The 4-Hour Work­week: Es­cape 9-5, Live Any­where, and Join the New Rich*. “Envi­sion them in painstak­ing de­tail,” he adds, then iden­tify steps you can take to get things back un­der con­trol, if it comes to that. “Chances are, it’s eas­ier than you imag­ine.” Ac­cord­ing to Fer­riss, you should also think about what de­lay­ing would cost you—fi­nan­cially, emo­tion­ally, and phys­i­cally. “Don’t only eval­u­ate the po­ten­tial down­side of ac­tion. It is equally im­por­tant to mea­sure the atro­cious cost of in­ac­tion. If you don’t pur­sue those things that ex­cite you, where will you be in one year, five years, and ten years? How will you feel hav­ing al­lowed cir­cum­stance to im­pose it­self upon you and hav­ing al­lowed ten more years of your fi­nite life to pass do­ing what you know will not ful­fill you?” If you think you won’t be in a good place later on, let that mo­ti­vate you to act on your dream now.

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