3 Powerful Ways To Shift From Scarcity To An Abundance Mindset

EPISODE 35

Many people are navigating life with a scarcity mindset — afraid of being laid off, worried about revenue declining, or wondering how they’re going to pay the bills.

But operating from a place of fear isn’t going to help you get out of a situation. Instead, you need to figure out how to shift from scarcity to an abundance mindset.

How do you do that?

Let me tell you how.

WHAT IS A SCARCITY MINDSET?

A scarcity mindset is when you move through life believing you don’t have the resources you need to survive and thrive. You operate from fear or a sense of lack.

Many of us have been navigating these feelings with constant news about mass layoffs and uncertainty in the economy, and understandably, it impacts our outlook on life.

Unfortunately, when we’re put in this position of fear for our futures and livelihoods, we start making choices driven by fear.

What’s wrong with that?

Choices made from fear often don’t lead you to where you want to go.

There are two reasons for that.

  1. When you set a goal to avoid something, you aren’t being specific enough in that goal to actually achieve it. You don’t have a target to hit — just a target to avoid.

For example, saying you want to prevent layoffs in your company isn’t going to show you the direction you need to take to achieve that goal.

  1. When you operate from a place of fear, you limit your ability to see how to get there.

So you don’t have a specific goal, and because you’re moving from a place of fear, you can’t even see what kind of goal you need to aim for.

The more stressed you are, the narrower your focus and vision will be.

People who are living in fear and are making decisions based on external forces prevent themselves from seeing possible workarounds and creative solutions to the problems they’re experiencing.

So you need to shift from scarcity to an abundance mindset.

3 WAYS TO BREAK THE CYCLE OF FEAR AND DEVELOP AN ABUNDANCE MINDSET

It’s up to you to break the cycle. It’s a challenging but worthwhile endeavor.

How do you shift from scarcity to an abundance mindset?

STEP 1: LOOK AT THE BIG PICTURE.

Take a step back. Zoom out from everything you’re dealing with in your day-to-day just trying to stay afloat.

Ask yourself: What is my vision for myself, my team, and my business? Where do I want to get to?

And use that as your North Star.

Try to remove all limitations in your mind.

Close your eyes, and imagine what you would do right now if you could do anything.

Dream big! That vision, that direction, will come from your heart, not your fear.

STEP 2: TAP INTO YOUR VALUES.

If you want to shift from scarcity to an abundance mindset, you need to make decisions that align with your values.

You need to ask yourself why?

Why do I want to get to my final destination?

Why do I think my plan will make a positive impact?

Why does my vision matter to me?

To answer these questions, you need to understand what your core values are.

When figuring out your personal values and why they matter to you, try to focus on those that aren’t from some external force or fear.

Try to find values that genuinely make you feel happier, more fulfilled, and more satisfied.

Ensure that whatever goal you set for yourself, your business, or any other aspect of your life is aligned with your values.

How can you demonstrate those values through the way you show up and communicate?

Whoever masters showing up authentically, aligned with what they care about, will get noticed.

Make yourself stand out, whether that’s as an employee or an employer, by standing by something that you value.

STEP 3: UNDERSTAND AND PLAY TO YOUR STRENGTHS

Everyone has strengths.

Yours might look like:

  • Uniting a team around a shared goal
  • Explaining difficult topics in an empathetic way
  • Making hard decisions when needed

Whatever your strengths, you need to bring them to the surface to start living with an abundance mindset.

When you believe in and play to your strengths, you build momentum.

Momentum helps you push forward and execute on your vision.

Your strengths will help you manifest your values in the world.

This is where Live Design comes in handy — a framework to map out your short, mid, and long-term visions.

START BY UNDERSTANDING WHO YOU ARE

Everything starts with self-awareness.

When you know who you are, what you believe, and what you can offer to yourself and everybody else…

You can step out of fear and shift from scarcity to an abundance mindset.


Do you have a question, a topic, or a challenge that you would like me to address in future episodes of The Spark Your Life Podcast? It’s easy – simply DM me on Instagram, or submit this 1-question form! I cannot wait to support you on your journey!

Olena xx

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