LIFESTYLE | 17 Jun 2022 | 69 Views

Scarcity vs. Abundance Mindset


Scarcity mentality refers to people seeing life as a finite pie, so that if one person takes a big piece, that leaves less for everyone else. Short-term thinking is the norm and it keeps many of us from achieving our goals. An abundance mindset refers to the paradigm that there is plenty out there for everybody. It has a liberating effect on us that helps to unleash our full potential. It's the X factor of our happiness in the long run.




How to shift from scarcity to abundance mindset?


1. Focus On What You Have

A scarcity mentality sees limitations instead of opportunities like, “The business is already saturated, there’s too much competition.” On the contrary, abundance mentality would say, "Over the last ten years, I've made great contacts which will be essential when I start networking.”





2. Surround Yourself With Abundance Mindset

Get to know and spend your time with positive people. Attitudes rub off, and the quality of a person's life is most often a direct reflection of the expectations of their peer group.




3. Create Win-Win Situations

Look for a solutions that satisfies both parties leading to a sense of accomplishment and a better feeling about the relationship. This often involves listening without judgment and brainstorming.




4. Be Grateful 

Be glad even for the simplest daily things that you might take for granted, like having food to eat or being healthy. A research by Robert Emmons, professor of psychology at the University of California, found that expressing gratitude improves mental and physical well-being. It’s difficult to feel fear or sadness when you’re grateful and happy.




5. Focus On Possibilities

An abundance mindset allows you to see more in your life: more options, more choices, and more resources. One fascinating Harvard study found that when we focus on one particular thing very intently, other possibilities that are right in front of us can go completely unnoticed.



In The Nutshell

Scarcity is basically False Evidence Appearing Real. Start training your mind to open up and create an expanded awareness. Abundance mindset is great for positivity, productivity, and teamwork. It helps us sidestep negative energy and look for the good in others. In a team, it inspires openness, trust and promote strong teamwork.