Hyatt: Scarcity or Abundance

What replaces fear? The ability to trust the abundance of life. Old wisdom traditions distinguish two ways to live life: from fear and scarcity or from trust and abundance. Today’s executive and life coaches teach practically the same. The abundance belief operates as “a helpful thought” that enables people to tap into their potential. People will try and achieve more if they believe that it is possible and that they, personally, can do it.

What replaces fear? The ability to trust the abundance of life Click To Tweet

On a personal level, life coach Michael Hyatt contrasts the scarcity with the abundance mindset as follows:

There is never enough
There is always more where that came from

Hoarding knowledge, contacts, and compassion
Happy to share knowledge, contacts, and compassion

Default to suspicion: hard to build rapport
Default to rapport and build trust easily

Resent competition. Makes the pie smaller, them weaker.
Welcome competition. Makes the pie larger, them stronger.

Ask self: How can I get by with less than expected?
Ask self: How can I give more than expected?

Pessimistic outlook: Tough times are ahead
Optimistic outlook: The best is yet to come

They think small, avoiding risk
They think big, embracing risk

They are entitled and fearful
They are thankful and confident

Do you recognize any of these beliefs and behaviors in yourself or others around you? I do.

A Mindful Exercise

Imagine that your co-worker asks you to finish his presentation before tomorrow because he’s too busy. You have one hour left before the end of your workday and you don’t want to be late as you have to pick up your child.
What do you do? Yes, please, formulate an answer right now….

Of course, there’s a thousand scenarios that could happen and your decision depends on many details from your contextual knowledge.
It depends on your workplace culture (what is considered normal), on how you like and what you know about your co-worker (is he hard-working or slacking off, does he ever help you with last-minute tasks, etc), on the task at hand (are you any good at making presentations), and so on.

A big part of your decision, however, is made through your worldview. It depends on your mindset. Have you internalized parts of theory X or Y? Have you upgraded yourself to believe some of the abundance assumptions – or are you still firmly grounded in the scarcity mindset from your upbringing?
Do you experience the gap between thinking and feeling: “I wish I could believe Y and Abundance, but I feel that it is too good to be true.”

A big part of your decision is made through your worldview: it depends on your mindset Click To Tweet

Whatever it is, it is okay. This is just a mindful exercise to observe and explore your current mindset. There’s no need to judge. But it’s good to know.

This is book post #22 – ME

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Leave a Reply

This Post Has 2 Comments

  1. Sandra

    Could you please expand on how to get from gap in thinking to feeling? Not easy when you were used to living from abundance perspective but traumatic events and abusive relationship over time forced you to live from fear.

    1. Marcella Bremer

      Hi Sandra, I know this can be easier said than done! You can think rationally but if you’re emotionally affected by traumatic events you cannot just go back to believing in abundance and having faith again. You might want to train yourself to see the glass half full again by writing down the good things and acts of kindness you witnessed during the day. You could look for the positive everywhere. This probably won’t be enough – nor can reading about it really “fix” it. You’d have to engage with the emotional and subconscious parts that are cautious and that are trying to protect you from further harm. I’d recommend seeing a coach or counselor who works with body work, hypnosis, or another approach that bypasses the verbal, rational mind. This might be more effective than talking and analyzing. I hope this helps.

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