What is F.O.M.O. And Do You Have It?

What is F.O.M.O.?  Do you have it?

F.O.M.O. is an acronym for “fear of missing out” refers to the feeling of “anxiety that an exciting or interesting event may currently be happening elsewhere.”

Even though the terminology has only recently been added to our dictionary, experiencing FOMO is nothing new.

If you’re like most people, at some point in time we have been preoccupied by the idea that someone, somewhere, is having a better time, making more money, or leading a more exciting life than we are.

Have you ever felt that way?

Social media and smart phones have made it easier than ever to track what others are doing.

Fear Of Missing Out

Not that there is anything wrong with wanting to keep tabs on people we care about. An important part of what makes us human is our need to be social.

However, many companies have found ways to tap into this impulse to keep us coming back to their apps and websites regularly.

Studies have shown that FOMO is often linked to feelings of disconnection and dissatisfaction, and that social media fuels it.

Think how many people constantly scan email or Facebook to keep up with friends’ updates. Some people don’t just want to keep up – they start to compare their lives based on how they see others portraying their own.

I fully realize that using smartphones and social media is a necessity in business, but how many hours are you spending on social media (especially Facebook) that is NOT business related?

An article from Psychologies Magazine points out, FOMO is sort of like  modern take on the grass being greener on the other side.”

 

 

The Grass Is Always Greener On The Other Side
The Grass Is Always Greener On The Other Side

 

I’m not referring to logging in to Facebook several times a day.  It’s the “antsy” feeling that we have to stay constantly connected.  Almost to the point of having withdrawals.

I read a few articles that suggested that FOMO is a trait you are born with. I’m not sure I agree with that but I do know that since social media became a part of our lives , it makes that type of fear surface.

Let me give you a couple of illustrations to think about.

Have you seen a photo come through your newsfeed of a bunch of friends out on the lake, shopping, or eating out at a cool restaurant and a thought of “I wish I were doing that”? No big deal, right?

But then, you see a photo album from a friend’s vacation and you’re convinced that you need to do that (whatever “that” is). Soon, it turns into thoughts of places to move, jobs to snag or other life-related milestones.

 

Sherry Starnes - Red Rock Casino, Resort & Spa, Las Vegas
Sherry Starnes – Red Rock Casino, Resort & Spa, Las Vegas

 

It’s almost to the point of envious.  I know all of us experience this but where the FOMO comes in is when you are consumed with these feelings.

Here’s another one to think about.  

How many times are you on Facebook each day?  Maybe I shouldn’t  ask how many times but rather how long do you spend on Facebook each day?  Again, I not referring to connecting with potential customers or anything that is business related…I’m talking about looking at your newsfeed….because you have FOMO.

How could you spend this time more wisely?  The problem is that you’re actually everywhere and nowhere at the same time. You’re spending to much valuable time wishing you were someplace else to really enjoy whatever it is that you’re doing at the moment.

Time is more valuable than money (1)

I have been discussing FOMO as it relates to the time we spend on social media or even checking out email.

However, FOMO effects our working lives, too.  Have you ever been on Facebook at work and your boss walks by and you have to hurry to clear or switch screens?  Think about it.  Doesn’t that make you feel guilty?

FOMO is the fear that everyone else is having more fun, more excitement and more rewarding  experiences than you. Whether you are at work or eating out, it’s something we’ve all experienced.

The fact is, many of us check our email and social media because we want to. We like to stay in the know, and to be on top of everything. In other words, we don’t want to miss out.

Leave a comment below and let me know to what degree you have FOMO. (I’m assuming we all have a little).

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