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Uncategorized | 158 Posts
May
15

Of course, you know by now that one of the tenets of Ninja Selling is the Abundance Mindset. This really makes sense if you think about it and act it out. This mindset is attitude, positivity, trust, and confidence all wrapped into one. It is a simple concept, and it gets easier the more you practice it.   And unfortunately, it makes life harder the less you incorporate it into your life and thoughts. 

As a discipline check, I am making myself write about it in this Broker Bit. 

The Abundance Mindset, I believe, was originally coined by Stephen Covey.  Covey wrote that, "An abundance mindset is the deeply held belief that the world contains plenty of opportunities, wealth, and success for everyone."  It operates on the principle that one person's triumph does not come at the expense of another person.

Stephen Covey compared the Abundance Mindset with the Scarcity Mindset in a simple chart:

Abundance vs. Scarcity Mindset

The core traits of these opposing worldviews are outlined below:

 

Feature

Scarcity Mindset

Abundance Mindset

Core View

Resources are limited.

Opportunities are endless.

Reaction to Others

Envy and resentment.

Celebration and curiosity.

Risk-Taking

Fear and hoarding.

Openness and growth.

Focus

What is missing.

What is present.

Wouldn't you like to live in the Abundance Mindset column.  It provides a world of opportunities, makes you kind and interested in others, improves your knowledge and awareness, and makes you grateful for what you have.

The author T. Harv Ecker who wrote Secrets of the Millionaire Mind  (on the Ninja Selling Reading List, by the way) must have studied Stephen Covey.   His book is very entertaining, and I've read it several times. The premise of  the book is to change your mindset and your battle with money and wealth. He harps on a simple approach to your thoughts about money and it is also wrapped up in an abundance mindset.  

It is interesting that Covey and Ecker both used simple charts; Covey to compare abundance and scarcity and Ecker to compare Rich vs. Poor Mindsets.  Eker's chart is as follows:

Key Differences: Rich vs. Poor Mindsets

Rich Mindset

Poor Mindset

"I create my life."

"Life happens to me."

Plays the money game to win.

Plays the money game to not lose.

Focuses on opportunities.

Focuses on obstacles.

Admires other rich people.

Resents rich and successful people.

Bigger than their problems.

Smaller than their problems.

Focuses on net worth.

Focuses on working income.

Makes money work hard for them.

Works hard for their money.

Doesn't all this make sense?  A Rich Mindset puts you in control and it is intentional.  Instead of focusing on problems and obstacles, a Rich Mindset focuses on opportunities, and you put yourself in control of your problems rather than making your problems larger than yourself.   My favorite part of this attitude is:   A Rich Mindset "Admires other rich people" and a Poor Mindset "Resents rich and successful people". 

In Eker's book, my page 86, Wealth File # 6, he mentions a philosophy that he tries to live by called Huna wisdom, "bless that which you want…  If you see a person with a beautiful car, bless that person and bless the car.  If you see a person with a beautiful home, bless that person and bless that home… If you resent what people have, in any way, shape, or form, you can never have it."   Doesn't that make sense?

Mindset is so important. If you want help with a mindset checkup, I highly recommend you read Eker's book,   Secrets of the Millionaire Mind.  Like everything, mindset needs practice, and you do not want slip into the scarcity and poor mode.

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