Actions You Can Take to Prevent Fears from Happening
Peter moves the conversation forward by sharing the next step which is to reflect on what actions one could take to prevent their fears from happening.
Relating to his experience of reducing work shifts, he shares his example of the process of defining, preventing, and repairing potential negative outcomes. The step includes various actions to mitigate financial risks, such as assessing income, discussing with family, and seeking additional income sources.
He also talks about the benefits it could bring when taking action, including more family time and reduced work stress, which are weighed against the costs of inaction, such as missing out on family events. Despite initial fear, his experience of eventually creating more income streams and increased family time is an encouragement to others to confront fear and take action in similar situations.
“I decided to cut down my shift, it was scary. There’s no doubt there was fear there. But now I had a clearer idea of the fear and the risk involved. So I started dropping one shift, then two shifts, and next thing you know, I got to drop all my nights and weekends. It helped push me to create more income streams to totally replace my income. Gave me the time to start new businesses, gave me the opportunity to spend more time with my family and kids, be there with them, travel more.” — Peter Kim, MD.