The Daily Fight Between Abundance and Scarcity (2024)

Table of Contents
Post navigation Blog Podcast FAQs

Abundance

The Daily Fight Between Abundance and Scarcity (1)

Story: When I published The Character Triangle, some seven years ago, abundance was a relatively new topic. It has been gratifying to see it recently become more mainstream. An abundance mindset flows out of a deep inner sense of personal worth, self-compassion and security. It is a framework based on the belief that there is more than enough for everyone. Alternatively, a scarcity mindset is the feeling that there will never be enough, resulting in fear, stress, and anxiety. In my life, while far from perfect at this, I always try to generously give to others based on this very freeing and gratifying way of thinking and acting. It is a privilege to act with abundance on a daily basis.

Key Point: Abundance, as with most values and behaviors, can be learned and practiced. Angelina Zimmerman, in an Inc. article, explains this more thoroughly by outlining the seven main differences between those with a scarcity mindset versus an abundance mindset:

“1. Thinking Big versus Thinking Small.
Those with an abundant mindset are renowned for thinking big, it is part of their DNA. Scarcity mindset creates limitations in the mind which prevents the creation of audacious goals.

2. Plenty versus Lack
Those with an abundant mentality believe there is plenty of everything in the world from resources, love, relationships, wealth and opportunities. They believe they can afford what they want in life and say exactly that: ‘I can afford that…’
Those with a lack mentality prefer to believe that there is limited opportunities, resources, relationships, love and wealth. They consistently say: ‘I cannot afford that…’. Saying that statement every day reinforces the belief and forms that exact pattern in the life as reality.

3. Happiness versus Resentment
Someone with an abundant mentality is an optimist and is genuinely happy for others when they achieve success. Conversely, those with a scarcity mindset are competitive and resent others’ success.

4. Embracing Change versus Fear Of Change
A person with an abundant mindset understands that change is an integral part of life. They embrace and accept change. Appreciating the fact that change often leads to more positive outcomes, even if change is somewhat challenging or difficult to navigate. Fear plagues those with a scarcity mindset. They will spend time constantly complaining along about change and take a longer period of time to accept change.

5. Proactive versus Reactive
Due to the positive attitude of those with an abundant mindset, they take a proactive approach to life. Rather than waiting for things to happen and then reacting like those with a scarcity mindset do, they strategically plan for the future and create strategies for the long-term.

6. Learning versus Knowing It All
An abundance mentality craves learning and growth. They have a never ending thirst for knowledge and developing new skills, whereas scarcity mindset believe they know everything thereby severely limiting their learning and growth.

7. What Is Working versus What Is Not Working
A person with a scarcity mindset selects negative thoughts and adopts a victim mentality.”

Personal Leadership Moves:

  1. Just give of yourself without expecting reciprocity. The more you give with generosity of spirit, the more comes back to you in some way, some time. This is even more important when you are feeling like you’re getting the short end of things in life
  2. Forgive those who live in lack and fear. They are plagued with insecurity. Compassionately wish them the best.
  3. Think big and be big… Always look to expand the pie and share.
  4. Always celebrate others’ successes. Their victories take nothing away from you, even in direct competition. There is always more to gain and learn.

Abundant forever in personal Leadership,

Lorne

One Millennial View:Funny enough, this blog is a little bit of an abundance versus scarcity test within itself. If I noticed that the Inc. article was published in 2016 (more than half a decade after The Character Triangle‘s very similar points), is that scarcity? Instead, I’d like to agree that after years of abundance editing, I too am happy the mindset is becoming more well-known, sought after, and less difficult to define for the mainstream.

– Garrett

Edited and published by Garrett Rubis

Blog

WOW! Our 1,000th Blog With You!

Lead In With Lorne – Put Your Butt Down Somewhere Else

Hot Topic Friday: Sept. 20

Celebrating the Countdown to 1,000!

Lead in With Lorne – 3 Key Tools For Your Leadership Swiss Army Knife

Podcast

Lead In With Lorne – The System I Use to Read As Much as I Can

Lead In With Lorne – The Benefit of Humble Pie

Lead In With Lorne – My Summer Vacation Techniques to Return Refreshed

Lead In With Lorne – Thank Someone For Their Contribution

Lead In With Lorne – The Fight Against Sameness

The Daily Fight Between Abundance and Scarcity (2024)

FAQs

What is the relationship between scarcity and abundance? ›

To put it simply, a scarcity mindset leaves you feeling overwhelmed, depressed, and paralyzed. An abundance mindset leaves you feeling excited, motivated, and ready for action. They are opposites of each other, and we all have the choice to adopt one mindset or the other.

What is the mindset from scarcity to abundance? ›

Strategies for shifting from a scarcity to an abundance mindset
  • Start your day by reflecting on the positive things around you. Wake up a little earlier to start your day off at a slower pace than usual. ...
  • Practice showing appreciation for others. ...
  • Look back to notice how far you've come.

What does God say about scarcity mindset? ›

And do not seek what you will eat and what you will drink, and don't foster your anxiety. For all these things the nations of the world eagerly seek; and your Father knows that you need these things. But seek His kingdom, and these things will be granted to you.

What is the meaning of from scarcity to abundance? ›

A scarcity mentality is what keeps many of us from achieving our goals. Abundance refers to the paradigm that there is plenty out there for everybody. Here are some examples of the contrast between abundance and scarcity mentality: Abundance Mindset.

What is the abundance or scarcity? ›

An abundance mindset is when you believe there are plenty of resources for everyone and efficiencies can be implemented. A scarcity mindset is when you believe resources are limited with or without influence on the reality of the situation.

What is the difference between scarcity and abundance mindset in dating? ›

It also helps you relax and feel at ease with a partner you actually enjoy being with. Scarcity mindset = desperate, anxious, obsessive, and worried. Abundance mindset = asking for what you want, relaxed and trusting the process.

How to live from abundance not lack? ›

So I thought it might help to share how to develop an abundance mindset: simple shifts and practices that can help you reframe your thinking.
  1. Embrace the act of gratitude (the right kind) ...
  2. Give from the heart. ...
  3. Stop chasing status. ...
  4. Pursue wealth instead. ...
  5. Make friends with money. ...
  6. Celebrate other people's wins.
Aug 23, 2023

Why is a scarcity mindset bad? ›

Scarcity mentality affects your ability to solve problems, hold information, and reason logically. It also affects your brain's decision-making process. A scarcity mindset limits your ability to plan, focus, and start a project or task. Your brain is too busy thinking about something you don't have.

How to focus on abundance? ›

How to have an abundance mindset: 8 tips to help you cultivate abundance
  1. Change is inevitable, so why not embrace it? ...
  2. Let gratitude shift your focus from lack to abundance. ...
  3. Practice mindfulness and live in the present. ...
  4. Celebrate others' achievements. ...
  5. Recognize and challenge limiting beliefs.
Mar 18, 2024

What does Jesus say about abundance? ›

Jesus said: “I came that they may have life and have it abundantly.” Peace with God and purpose in God. Jesus said: “I came that they may have life and have it abundantly.” Peace with God and purpose in God. Praise be to One who makes all things new.

What does scarcity mean biblically? ›

The Scarcity Mindset

A scarcity mindset contributes to an unfulfilled life—one constantly concerned about having enough and others having too much. We're warned about this in the Sermon on the Mount, where Jesus teaches how we are not to be anxious (Matthew 6:25-34, ESV).

What is the abundance mentality in the Bible? ›

To have an abundance mindset is to trust that God's generosity is more than enough for us, no matter what situation we are in—whether in need or plenty (Phil. 4:12-13, 19). Our life does not consist of an abundance of earthly possessions but confidence in the abundance of God's ability.

How to heal a scarcity mindset? ›

How to develop a more abundant mindset
  1. Foster collaborative relationships. Your environment matters. ...
  2. Practice gratitude. Gratitude can help you be aware of what you do have, instead of fixating on what you don't. ...
  3. Notice and redirect automatic thoughts. ...
  4. Advocate and give support.
Nov 14, 2022

Can scarcity and abundance exist together? ›

Each are building blocks understood relative to the goals of institutional design. Furthermore, scarcity and abundance have an intertwined relationship, a dialectic of famine and plenty. Similarly, freedom and limitations coexist each supporting the other.

Does scarcity affect the rich? ›

Scarcity is the basic economic problem. It arises from the insufficiency of resources to satisfy people's wants. Scarcity is ubiquitous. Rich people face scarcity when they want more than they can buy, when they can't be in two places at once, and when, accordingly, they must choose among alternatives.

What is the relation between scarcity and shortage? ›

Scarcity versus Shortages:

Scarcity means society has limited resources. Shortage refers to a situation in which production does not keep up with the demand, thus there are long queues of desperate customers who are willing to buy few goods produced.

What is the relationship between scarcity and price? ›

The scarcity principle is related to pricing theory. According to the scarcity principle, the price for a scarce good should rise until an equilibrium is reached between supply and demand. However, this would result in the restricted exclusion of the good only to those who can afford it.

What is the relationship between scarcity and resources? ›

One of the defining features of economics is scarcity, which deals with how people satisfy unlimited wants and needs with limited resources. Scarcity affects the monetary value people place on goods and services and how governments and private firms decide to distribute resources.

What is the relationship between scarcity and economic growth? ›

Scarcity – the condition we face with limited resources to satisfy unlimited wants, which compels us to choose among alternatives. Economic growth raises standards of living, even in the continuing face of scarcity.

Top Articles
Fixed-Income Real Estate Investments - ArborCrowd
Exchange versus OTC Derivatives Trading
Fighter Torso Ornament Kit
Ups Customer Center Locations
Will Byers X Male Reader
Bubble Guppies Who's Gonna Play The Big Bad Wolf Dailymotion
Craigslist Cars And Trucks For Sale By Owner Indianapolis
Amtrust Bank Cd Rates
Voordelige mode in topkwaliteit shoppen
Black Gelato Strain Allbud
سریال رویای شیرین جوانی قسمت 338
Apply A Mudpack Crossword
Khatrimaza Movies
Victoria Secret Comenity Easy Pay
GAY (and stinky) DOGS [scat] by Entomb
Best Private Elementary Schools In Virginia
Giovanna Ewbank Nua
Craigslist Alabama Montgomery
Nioh 2: Divine Gear [Hands-on Experience]
Available Training - Acadis® Portal
Hollywood Bowl Section H
Jbf Wichita Falls
Curry Ford Accident Today
Ahrefs Koopje
Program Logistics and Property Manager - Baghdad, Iraq
The Blind Showtimes Near Amc Merchants Crossing 16
Shreveport City Warrants Lookup
Skycurve Replacement Mat
Fiona Shaw on Ireland: ‘It is one of the most successful countries in the world. It wasn’t when I left it’
Ticket To Paradise Showtimes Near Cinemark Mall Del Norte
Speechwire Login
Solo Player Level 2K23
N.J. Hogenkamp Sons Funeral Home | Saint Henry, Ohio
Lawrence Ks Police Scanner
Datingscout Wantmatures
Street Fighter 6 Nexus
Miss America Voy Board
Salons Open Near Me Today
11 Pm Pst
PA lawmakers push to restore Medicaid dental benefits for adults
Jefferson Parish Dump Wall Blvd
Pensacola Cars Craigslist
Wait List Texas Roadhouse
Lima Crime Stoppers
Courtney Roberson Rob Dyrdek
Expendables 4 Showtimes Near Malco Tupelo Commons Cinema Grill
Darkglass Electronics The Exponent 500 Test
Dyi Urban Dictionary
Leland Westerlund
Bradshaw And Range Obituaries
Zits Comic Arcamax
Intuitive Astrology with Molly McCord
Latest Posts
Article information

Author: Prof. An Powlowski

Last Updated:

Views: 6085

Rating: 4.3 / 5 (64 voted)

Reviews: 95% of readers found this page helpful

Author information

Name: Prof. An Powlowski

Birthday: 1992-09-29

Address: Apt. 994 8891 Orval Hill, Brittnyburgh, AZ 41023-0398

Phone: +26417467956738

Job: District Marketing Strategist

Hobby: Embroidery, Bodybuilding, Motor sports, Amateur radio, Wood carving, Whittling, Air sports

Introduction: My name is Prof. An Powlowski, I am a charming, helpful, attractive, good, graceful, thoughtful, vast person who loves writing and wants to share my knowledge and understanding with you.