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Eschew The Scarcity Mindset

Years ago, during my secondary school years, I met a friend whose parents worked with a multinational company in Port Harcourt, and stayed in one of the company’s residential areas. One day, during a conversation, he told me he has never experienced power cut in his house. As I could not believe the reality of what he told me, I had to argue with him. ‘How can you say NEPA has never taken your light before?’ He just looked at me and smiled. Not too long ago, while at the airport, I overheard someone telling his kid in a university to manage 2million naira for upkeep. Did I just hear manage 2 million naira? I was dead surprised. I just couldn’t comprehend the statement. Looking back now, it’s clear that I was operating with a scarcity mentality. I couldn’t believe the presence of such level of pure abundance because of my previous lack experiences.

Sometime ago, a friend told me how he will never buy certain things for himself because he considered them too expensive and unnecessary luxuries. When I asked him if he has ever gotten the money to afford such things, he replied in the negative. I simply told him that his thinking pattern has stopped him from getting the required money to afford such things he considered unnecessary luxuries.

In life, our experiences determine our outcomes. If you have been raised in the atmosphere of lack, or always professing lack, it has a way of affecting the way you see and live life. It also has a way of beclouding your sense of good judgement.

If you look closely enough, you would understand that many people are operating with the scarce mentality. And this mentality is one of the few factors that have kept them from enjoying the life of true abundance. You find these people in every sphere of life.

In business, the scarce mentality is revealed when an entrepreneur wants to cheat his way to success. Sometimes, he inflates the price of his goods so much that they become unaffordable by customers. He thinks that with this attitude, he will make a huge killing. But then, he fails to realize that the high price of the goods will eventually keep them from being sold. The resultant effect is that because it has not been sold, his bottomline will be negatively affected. Meanwhile another entrepreneur, often with a strategic mentality, will lower the price of the same goods , factor in the principle of quick rate of turnover and make many sales.

In politics, this attitude is revealed when a politician wants to amass all the wealth in a crooked way. And, often times, this happens at the detriment of the people he has been called to serve. He fails to understand that the idea of gathering wealth without regards for others is borne out of a sick, faulty, mind. This is the reality of the present day Nigerian politicians. That is why many of them are so poor that they only major things they have is money.

To get the best out of life, you must eschew the scarcity mindset that has kept you from experiencing pure abundance.

One way of eschewing the scarce mentality is by renewing your mind. The mind is the seat of human intellect and coordination; it is what controls your life and determines your perspective. The reason you have not made a breakthrough even though you are hardworking might be due to your faulty thinking attitude that is based on the presence of lack. You must renew your mind and understand that true wealth does not come by preserving scarcity; it comes by increasing abundance. You must give yourself the permission to embrace the presence of unlimited abundance as presented by life.

Starting today, open your mind to abundance and change your perspective to life. Nothing is too expensive for you. It’s all in the state of your mind. You can’t become really wealthy with the mentality of a pauper; the best you can be is a wealthy pauper.

Think abundantly and work towards its actualization. The universe doesn’t understand limitations. The only limitation is in your mind.

is a thinker, content developer and business development strategist. He is the Principal of Richard & Malcolm Consulting; a business development company. Richard enjoys working with entrepreneurs and leaders pursuing transformational change for their organizations. He is the author of two books – The RICH Theory and Advance. Connect with him on twitter @RichardChilee

4 comments On Eschew The Scarcity Mindset

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