Fear is the Key

Being naturally cautious, I’ve always tended to make decisions conservatively, aiming for the ‘safe’ middle ground. While this approach served me well for the most part, it led me to a stage in my worklife where I was frustrated and completely stuck. Flashback to 2019 and a high-point of my HR career – despite my role as part of the global leadership team, I found myself feeling burnt-out and dissatisfied with my corporate position. I was staying on in the role, for reasons that seemed obvious at the time – career advancement, financial stability, and leadership status. Yet a persistent inner voice was telling me I needed something more – work that was fulfilling and with opportunities for growth, both personal and professional.

Enter Fear-Setting:

It was at this pivotal point, while I was agonizing over my choices (or lack thereof), that I discovered the concept of “Fear-Setting,” popularized by Tim Ferris, a best-selling author and lifehacker. Ferris outlines this technique in a TED talk as a simple three-step process for navigating daunting choices or situations.

Step one: Acknowledge the fears that cloud judgment when faced with uncertainty. Create a simple three-column table: define potential negative outcomes, brainstorm preventive actions, and consider strategies for damage control if those outcomes occur.

What if I…?

DefinePreventRepair
Lose job – no alternative roleIdentify key roles matching skills & aspirations. Leverage support from mentors to pitch for alternative roles with bossReach out to internal or external mentors/advisors outside the function and company to plan fallback roles
….

Step two: In another table, list the potential benefits of pursuing the chosen course of action, envisioning success over the short to long term across various dimensions such as financial, physical, emotional, career, relationships, and personal development.

What might the Benefits of an Attempt or Partial Success?

(emotional, physical, mental, financial, career)

3 months1 year3 years
Increased motivation & engagement at workNew learning & personal developmentAdded functional & business skills
….

Step three: Quantify the “cost of inaction,” listing the negative impacts of maintaining the status quo over short, medium, and long terms. Often, the cost of inaction far outweighs the perceived risks of making a change.

What would be the Cost of Inaction?

(emotional, physical, mental, financial, career)

3 months1 year3 years
Burn-out or emotional breakdownNegative spiral in personal relationshipsLimited personal & professional learning & skills
….

The process can be immensely clarifying and insightful, in terms of picking the course of action right for you.  A caveat: Fear-setting is not intended to be a universal solution to justify change for the sake of change. The fears that you have are often very real, and not unfounded. However, by examining them more closely, you can validate what’s true, versus what could be exaggerated in your mind, and perhaps holding you back. Fear-setting is a powerful aid to grounding your fears, and doing so makes them less amorphous and daunting – this can dramatically improve your ability to make informed and better decisions.

Reflecting on my own experience, I recall sitting down five years ago to conduct my first Fear-setting exercise. The realization of the costs of inaction was eye-opening. It propelled me to initiate candid discussions with my boss and mentors, ultimately leading to a new role over the next two months. Though it meant stepping away from the core leadership team, it offered a blend of talent management and consulting that brought me significant fulfilment. And most importantly – it gave me the chance to be directly involved with our internal leadership coaching program, which helped me make the next orbital shift in my career trajectory.

“Everything you want is on the other side of Fear” Fear-setting has since become a regular part of my reflection routine, empowering me to make key decisions with agency and fulfilment. As a coach, I’ve integrated this framework into my practice, helping clients break free from comfort zones and make progress toward their goals.

Fear-setting transcends mere acknowledgment of fears; it empowers individuals to confront them and take control of their lives. As a coach it can enable you and your clients to overcome perceived limitations and pursue aspirations with courage and clarity, leveraging fear as a catalyst for growth.

And for me, it brings to life one of my favourite quotations:

“Everything you want is on the other side of Fear”.

I would love to see it work for you too.

You can connect with Raj Dharmaraj Click Here

Raj Dharmaraj

Raj Dharmaraj, a seasoned professional with three decades of experience at Cognizant and TCS, is currently Partner at Effilor Consulting Services. With expertise in business technology consulting, key account management, and HR across global sectors, he holds dual specializations from XLRI and a Fulbright Fellowship from Carnegie Mellon. As a PCC-credentialed coach from ICF and President of ICF Chennai, Raj focuses on leadership transitions, change management, and personal development. He holds certifications in COF and Marshall Goldsmith facilitation & change. Co-founder of Chennai Mentors, he's also active in Sweekar - the Rainbow Parents. Beyond work, Raj enjoys yoga and golf. You can connect with Raj Dharmaraj Click Here

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6 thoughts on “Fear is the Key

  1. This is a wonderful insightful read. Thank u for sharing ur story Raj. I am going to do the fear setting exercise and watch this Ted talk by Tim Ferris. And yes “Everything we want is on the other side of fear ! Cheers to more power to all of us to conquer them all”

  2. A wonderfully articulated brief note. Yes I agree with your ending statement – “Everything you want is on the other side of Fear”. The framework you have given is also very useful. Another framework, we can use meaningfully is SCS template, (Stop, Continue, and Start) in that order if properly structured for fear setting. Interestingly, your article made me to have a metaphor of ‘Fire’ for ‘Fear’. Sometimes, fear could help you move towards something beyond. It depends on how we define fear. Both are reality, when it happens, both ignites causality – one external and another internal, Both need to be effectively controlled. Thanks for sharing this wonderfully written, simple, thought provoking blog. With gratitude.

  3. Thanks for writing this, Raj. I really like the idea of ‘working with the fear’ so it doesn’t paralyse you and finding an actionable path forward, as a result. I love your mantra: Everything you want is on the other side of fear. I found something as inspiration fairly recently too and am reminded of it now; from somewhere on the Internet, so it’s not mine, unfortunately, I have no idea who the author is: ‘The magic you’re looking for is in the work you’re avoiding.’

  4. Very insightful. Fear prevents us from taking actions and forces us with status quo. But your statement “Everything lies in the other side of Fear” is very powerful. “Fear-setting” looks like a useful process to overcome fear and move to the other side.

  5. Truly an absolute “show stopper” so profound is the understanding of its presence & the learning that it brings to personal growth and clarity.
    FEAR .. Loved reading it, it’s been my shadow that has stalled me all along, but now I know better of it as a teacher

  6. Udayakumar Gopalakrishnan

    Raj – First look at the title of your blog, reminded me about the seminal book written by the famous author Alistair Maclean, which I read during graduation days – a book that turned out into a blockbuster movie.

    Reading this blog, helped me to reinforce the value and belief in practice of directly examining the fear/s that I have confronted and still so. Indeed as rightly so as highlighted by you, fear-setting empowers one to take apt decisions in crucial times and thereby not runaway and be evasive, but to take it head on.

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