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Bestselling author Michael Covel is the host of Trend Following Radio with 15+ million listens. Investments, economics, psychology, politics, decision-making, human behavior, entrepreneurship and trading -- all passionately explored and debated. Guests include Nobel Prize winners: Robert Aumann, Angus Deaton, Daniel Kahneman, Oliver Hart, Harry Markowitz & Vernon Smith. More guests: Jack Canfield, Howard Marks, James Altucher, Dan Ariely, Jean-Philippe Bouchaud, Kathleen Eisenhardt, Marc Faber, Tim Ferriss, Jason Fried, Gerd Gigerenzer, Larry Hite, Sally Hogshead, Ryan Holiday, Jack Horner, Ewan Kirk, Steven Kotler, Michael Mauboussin, Tucker Max, Barry Ritholtz, Jim Rogers, Jack Schwager, Ed Seykota, Philip Tetlock & Walter Williams. 1200+ episodes.

Oct 30, 2013

My guest today is Fabian Lim, an internationally acknowledged digital marketing expert and, in a sense, a life coach focused on helping individuals to discover their true selves. He is a serial entrepreneur, best-selling author, and licensed jet pilot.

The topic is entrepreneur.

In this episode of Trend Following Radio we discuss:

  • Life in Singapore generally, and how Singapore has become "the gleaming city on the hill"
  • Singapore's success despite its lack of natural resources, and how its airport represents the forward thinking found there
  • Lim's first entrepreneurial ventures
  • The varied reasons that cause us to become entrepreneurs, and the difference between online and offline entrepreneurs
  • Experience in the context of entrepreneurship, and how it can be used as an excuse
  • Timeframes and getting out of the "employee" mindset
  • Becoming rich, and why it's a choice
  • Classical conditioning, self-limiting beliefs, and breaking the mold to become an entrepreneur
  • The idea of "failing faster"
  • The connection between Lim's flight training and entrepreneurship
  • Risk and uncertainty
  • Using simulations to practice
  • Success traits and failure philosophy
  • Why choice can be the enemy of a successful entrepreneur

Jump in!


I’m MICHAEL COVEL, the host of TREND FOLLOWING RADIO, and I’m proud to have delivered 10+ million podcast listens since 2012. Investments, economics, psychology, politics, decision-making, human behavior, entrepreneurship and trend following are all passionately explored and debated on my show.

To start? I’d like to give you a great piece of advice you can use in your life and trading journey… cut your losses! You will find much more about that philosophy here:

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