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6 Steps to Changing Your Scarcity Mindset

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Having a scarcity mindset means fearing you’ll lose your source of income, shying away from taking risks, and believing there’s a set amount of success in the world. Its counterpart, an abundance mindset, believes that there’s opportunity for growth, risks are worth taking, and when we win, we all win together. To succeed in business, you need to adopt an abundance mindset. But how do you change your perspective?

Here are 6 ways you can change your perspective immediately:

1. Decide You Want to Change

The first step in changing your scarcity mindset is to acknowledge who you are and decide that you want to change. I compare it to the time twenty years ago when I decided to quit smoking. 

Smoking is clearly stupid, but back then it was widely accepted. Still, that’s not an excuse. The first thing I did was admit that I was addicted. The second step was making the commitment to quit. I had to decide that I didn’t want anything to have control over me anymore.

Those who want to change their scarcity mindset have to do the same thing. You may have to break your goals down into doable chunks, but you also have to keep your oars in the water. You have to keep rowing, put your back into it, and look for better opportunities. 

One of the hardest challenges will be changing how you view the ideas of others. You can’t think of those ideas as a threat, or the people as a threat. Don’t worry so much about personal success as you do about the success of the group. Remember the adage: there are three ways to do things—my way, your way, and a better way.

This notion of abundance goes beyond wealth. That’s part of it, of course, but embracing the idea of abundance means you want to experience more. You want to help more people. You want to have a greater impact on your family and your community. You have to acknowledge that you’re tired of worrying about your car breaking down and reassure yourself that if it does break down, you’ll find a way to fix it or get a new one. If you decide to buy a new car, donate your old one to the humane society so they can help animals. That’s abundance.

“Your life does not get better by chance, it gets better by change.” – Jim Rohn

2. Stay on Your Path

If you’re an entrepreneur starting a business, you probably already have an abundance mindset. That’s excellent. But you still need to keep working on your idea, regardless of the failures or setbacks you encounter. Just because you’re optimistic about your future doesn’t mean you don’t have to work hard and swim against the tide from time to time.

3. Talk about the Obstacles You’ll Face

Having an abundance mindset doesn’t mean you blithely glide over every hurdle. You won’t. Instead, you have to anticipate potential problems and start plotting how you’ll get past them. If you’re confident and optimistic, the answers come more quickly and in greater numbers, thus improving your chances of success. You can’t assume your business idea is going to be a mega-hit right from the start, and that you’ll make tons of money. That might happen, but chances are you’ll have to work long and hard hours first.

4. Develop Good Habits

It’s vital that you set strong goals and adopt the habits that will help you reach those goals. Networking is key to learning and to building contacts and community. It’s not just about the help you can receive, but the help you can give. Find ways to appreciate the uniqueness of others, whether you’re working with them or having a cocktail at the local pub.

“I have learned that champions aren’t just born; champions can be made when they embrace and commit to life-changing positive habits.” – Lewis Howes

5. Address One Problem at a Time

Starting a new business is often daunting. You may have a dream of what you want to accomplish, but the task in front of you seems overwhelming. Where do you start?

I like the approach Desmond Tutu once advocated. He said “There is only one way to eat an elephant, [and that’s] one bite at a time.” What this means is that the bigger the endeavor, the more crucial it is that you break up the challenge into smaller pieces. The problems seem less intimidating and more doable when you look at them in smaller, discrete portions.

It’s not unusual for people to freeze up or get discouraged when faced with a big, hairy task, so in addition to the wisdom of Desmond Tutu, it also helps to keep in mind this observation by Mark Twain: “The secret to getting ahead is getting started.” It’s much easier to make progress in your big goal when you chip away at the challenges.

6. Don’t Kick the Can

It may be tempting to put off work on a particularly gnarly problem or to delay a decision on something until you have more information, but be forewarned: you can only kick the can down the road so many times before it becomes the size of a fifty-gallon drum. When that happens, procrastination is no longer an option.

Instead, just make a decision. Whether it’s the right decision or the wrong one, at least you did something. If it turns out to be the wrong decision, at least now you know what not to do, and you’re halfway there. You’ll learn and you’ll be able to adjust. You miss those opportunities when you put off making a move.

Once you have an abundance mindset, the possibilities open to you will seem endless. 

How have you developed an abundance mindset in life? Share your thoughts and ideas below!

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Personal Development

This Silent Habit Might Be Sabotaging Your Career

Your temper might be costing you more at work than you realize. Here’s why it matters.

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Change Your Mindset

The One Leadership Habit That Separates the Great From the Forgettable

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Success Advice

Inside the TikTok Resume Hack That’s Fooling Recruiters (For Now)

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Life

9 Harsh Truths Every Young Man Must Face to Succeed in the Modern World

Before chasing success, every young man needs to face these 9 brutal realities shaping masculinity in the modern world.

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Many young men today quietly battle depression, loneliness, and a sense of confusion about who they’re meant to be.

Some blame the lack of deep friendships or romantic relationships. Others feel lost in a digital world that often labels traditional masculinity as “toxic.”

But the truth is this: becoming a man in the modern age takes more than just surviving. It takes resilience, direction, and a willingness to grow even when no one’s watching.

Success doesn’t arrive by accident or luck. It’s built on discipline, sacrifice, and consistency.

Here are 9 harsh truths every young man should know if he wants to thrive, not just survive, in the digital age.

1. Never Use Your Illness as an Excuse

As Dr. Jordan B. Peterson often says, successful people don’t complain; they act.

Your illness, hardship, or struggle shouldn’t define your limits; it should define your motivation. Rest when you must, but always get back up and keep building your dreams. Motivation doesn’t appear magically. It comes after you take action.

Here are five key lessons I’ve learned from Dr. Peterson:

  • Learn to write clearly; clarity of thought makes you dangerous.

  • Read quality literature in your free time.

  • Nurture a strong relationship with your family.

  • Share your ideas publicly; your voice matters.

  • Become a “monster”, powerful, but disciplined enough to control it.

The best leaders and thinkers are grounded. They welcome criticism, adapt quickly, and keep moving forward no matter what.

2. You Can’t Please Everyone And That’s Okay

You don’t need a crowd of people to feel fulfilled. You need a few friends who genuinely accept you for who you are.

If your circle doesn’t bring out your best, it’s okay to walk away. Solitude can be a powerful teacher. It gives you space to understand what you truly want from life. Remember, successful men aren’t people-pleasers; they’re purpose-driven.

3. You Can Control the Process, Not the Outcome

Especially in creative work, writing, business, or content creation, you control effort, not results.

You might publish two articles a day, but you can’t dictate which one will go viral. Focus on mastery, not metrics. Many great writers toiled for years in obscurity before anyone noticed them. Rejection, criticism, and indifference are all part of the path.

The best creators focus on storytelling, not applause.

4. Rejection Is Never Personal

Rejection doesn’t mean you’re unworthy. It simply means your offer, idea, or timing didn’t align.

Every successful person has faced rejection repeatedly. What separates them is persistence and perspective. They see rejection as feedback, not failure. The faster you learn that truth, the faster you’ll grow.

5. Women Value Comfort and Security

Understanding women requires maturity and empathy.

Through books, lectures, and personal growth, I’ve learned that most women desire a man who is grounded, intelligent, confident, emotionally stable, and consistent. Some want humor, others intellect, but nearly all want to feel safe and supported.

Instead of chasing attention, work on self-improvement. Build competence and confidence, and the rest will follow naturally.

6. There’s No Such Thing as Failure, Only Lessons

A powerful lesson from Neuro-Linguistic Programming: failure only exists when you stop trying.

Every mistake brings data. Every setback builds wisdom. The most successful men aren’t fearless. They’ve simply learned to act despite fear.

Be proud of your scars. They’re proof you were brave enough to try.

7. Public Speaking Is an Art Form

Public speaking is one of the most valuable and underrated skills a man can master.

It’s not about perfection; it’s about connection. The best speakers tell stories, inspire confidence, and make people feel seen. They research deeply, speak honestly, and practice relentlessly.

If you can speak well, you can lead, sell, teach, and inspire. Start small, practice at work, in class, or even in front of a mirror, and watch your confidence skyrocket.

8. Teaching Is Leadership in Disguise

Great teachers are not just knowledgeable. They’re brave, compassionate, and disciplined.

Teaching forces you to articulate what you know, and in doing so, you master it at a deeper level. Whether you’re mentoring a peer, leading a team, or sharing insights online, teaching refines your purpose.

Lifelong learners become lifelong leaders.

9. Study Human Nature to Achieve Your Dreams

One of the toughest lessons to accept: most people are self-interested.

That’s not cynicism, it’s human nature. Understanding this helps you navigate relationships, business, and communication more effectively.

Everyone has a darker side, but successful people learn to channel theirs productively into discipline, creativity, and drive.

Psychology isn’t just theory; it’s a toolkit. Learn how people think, act, and decide, and you’ll know how to lead them, influence them, and even understand yourself better.

Final Thoughts

The digital age offers endless opportunities, but only to those who are willing to take responsibility, confront discomfort, and keep improving.

Becoming a man today means embracing the hard truths most avoid.

Because at the end of the day, success isn’t about luck. It’s about who you become when life tests you the most.

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