Understanding an Abundance Mindset
When was the last time you thought, “If only I made more money,” or “If only I had a better job”? If-only thinking is an outlook that believes that the answer to all your problems is somewhere out there, but you just have not found it yet.
But, if-only thinking is an example of a scarcity outlook, a mindset that believes there is not enough to go around, so you better get yours before someone else does. This mindset leaves you feeling stuck, jealous, angry, and out of control of your own life.
Your mindset is a powerful force in your life and determines how you see the world, others, and yourself. Learning to embrace abundant thinking and let go of a scarcity mindset can enable you to find more happiness, success, and wealth in your life. This guide explores what it means to think abundantly and how you can cultivate a more abundant mindset in your life.
What does it mean to think abundantly? Stephen Covey originally suggested the notion of abundant thinking, and it is essentially a mindset that embraces the idea that there are plenty of resources and happiness for everyone.
What the abundance mindset allows you to do is let go about your concerns over other people’s success or jealousy over others’ accomplishments because, after all, there is still more achievement and happiness left for you, as well.
Covey contrasted abundant thinking with a scarcity mindset, which assumes that, if someone else has success or attains a goal, you are in some way “losing out.” This way of thinking leads to competition, jealousy, and a wide range of other negative emotions when you are not on the winning end of any situation.
Scarcity thinking neglects to consider that perhaps everyone wins or gets what they want or that there is enough happiness or achievement to meet everyone’s needs.
When you adopt abundant thinking, you learn to see the successes and strengths of others and to celebrate those. Those with this approach to life learn to see obstacles as challenges to rise toward instead of failures to avoid. Those in positions of leadership who think abundantly can help others to grow by building on their strengths rather than focusing solely on their weaknesses.
Where scarcity thinking remains steadfastly focused on what is missing or what you do not have in life, abundant thinking chooses to focus on what you do.
To further illustrate precisely what abundant thinking is, let’s examine how this mindset and scarcity thinking play out in everyday life.