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Why It’s Good To Harness The Abundance Mindset For Business Success

Business TalkSeptember 11, 202028 Comments01.6k

It’s no exaggeration to say that developing an abundance mindset means everything when you are in business… Because how you see the world influences everything you do in business.

In reality, there are two ways of seeing the world: scarcity or abundance.

The scarcity mindset tells you that resources are limited and that all your competitors are fighting for these limited resources and the winner takes all. Unfortunately this way of business thinking often leads to frustration and annoyance about what others are doing and competing against you and can produce anger towards others for succeeding, and a sense of a win loose scenario.

And this isn’t a great mindset to have in the business world.

On the other hand, he abundance business mindset says there’s enough of everything to go around and that if one door closes, there are many more doors that can be opened. In other words, this business mindset sees boundless new opportunities and many ways to be creative and innovative …finding new ways of working, new products and new processes

The big question is …which business mindset are you operating from?

You see, when you have an abundance business mindset this gives you a sense of belief and inner self-worth. And it makes you satisfied and happy for others and thus in turn …yourself. And this inner confidence allows you to take calculated risks which can deliver huge benefits for your business.

So, how do you cultivate this way of mindset and abundance way of thinking?

It’s a good start to observe your feelings. So, if you see or feel “scarcity”, where does this image or thought come from? Where did you learn that there’s not enough to go around? And what are you fearing that is behind these thoughts?

One way to encourage the abundance business mindset is to “pay it forward” in other words, by giving to others what you yourself want.

For example, freely give your time or offer up your support to others with no expectation of anything in return. Or, celebrate the successes of others and see yourself as them, not as the enemy or a competitor fighting for scarce resources.

It’s also good to focus on the positive by looking at what you have as opposed to what you don’t have. And where you’ve been successful in business so far rather than where you’ve failed… Which means you learn to fail fast and move on from the experience taking that knowledge and understanding of events with you.

In fact, with practice, you can learn new business mindset habits to look at change and risk as new opportunities… And if something isn’t working out, you can always try something new without doing the same wrong actions thing over and over again.

Finally, it’s really good to spend time around people who are successful and have this abundance business mentality. Find a mentor, get someone with a successful mindset to coach you, and look for stories of high performers to see how they have made an abundant mindset work for them in their business.