ABUNDANCE MINDSET vs. SCARCITY MINDSET

hey this is stefan from projectlifemastery.com and today i want to talk to you about the difference between the scarcity mentality and the abundance mentality and this is a big one guys I believe that if you can make this mental shift in your life then it can transform your entire life and I know it did for me many years ago many years ago guys I used to live in fear I used to live in a lot of scarcity in my life and it affected everything it affected my finances and how much money that I made it

affected my business and different opportunities that existed it affected my dating life my relationships for many years affected my ability to give and contribute beyond myself it affected my happiness my joy my sense of fulfillment and freedom in my life and I bring up this subject today with you guys because I think it's such an important one and I see a lot of people I've observed a lot of people online through comments people that I work with people that I coach people that I care about that I really want to see succeed being consumed by

the sphere being consumed by scarcity and it's holding them back and I know that a lot of people they won't break through to the next level of success and happiness in their life until they free themselves of this fear and so I've got my laptop here guys in front of me but I've got a lot of notes I got a lot of things that I wrote down and I want to share with you guys in today's video but I want you guys to understand the difference between scarcity thinking scarcity mentality and abundance mentality and hopefully

have you developed a sense of awareness about where you're at and what your mindset is right now and if something is holding you back if you've got that fear that scarcity then hopefully this video can help you free yourself of that and commit to having more abundance in your life and I'm going to share with you guys different stories as well and try to relate this to you guys in different aspects of your life not just financially but your relationships as well and I want you guys to understand first and foremost that scarcity and abundance

all starts up here it's all a mindset guys regardless of what's going on in your outside world regardless of your external circumstances I don't care if they're totally broke right now you got no money in the bank you can still decide to live in a onions and at the same time I know people out there that are doing well financially I know people there are multimillionaires that have incredible abundance externally but don't feel it they live and scarcity they're so afraid to lose what they've what they've got and they're so conservative and fearful and they're

afraid to give their just focus on themselves so it's all up here you can make that mindset shift if you decide to now I'll kick it off at the story for you guys I remember years ago many of you guys know my story when I was 17 I committed to change my life got into self-development and really got into improving my social skills and my I was interested at the time when I was young dating and meeting women and relationships but I lived in a house when I was 21 years old and I had seven

other roommates and it was a self development house that was in Kitsilano and Vancouver in Canada where I live but as a house committed to self development and I believe and please surround herself with and spend time because who you become and so we were all committed to achieving our goals together and holding each other accountable and we'd put on these awesome parties and you know meet women and have fun and use do awesome things together but anyway is one time we had a party and I remember at this party there's a girl that was

there that I really liked and she liked me as well and you know we got along great but also at the same time is it interesting dynamic because I had a roommate that also liked her and she also liked my roommate as well and so it was really interesting because I liked her she liked me she liked him you know he liked her and there's a really valuable lesson they got from this experience so I remember for example at that time in my life I used to have a lot of scarcity a lot of fear

around dating meeting women and I'm not sure if you can relate to this but a lot of people that you know might have scarcity if they're meeting women are dating or even meeting men the scarcity mentality is is there's only so much that's available you know or if there's someone in front of them they get really attached to that person they get really needy because they don't have a lot of options for example they don't have a lot of abundance so they get attached to that person and what happens is you end up turning that

person off because your desperation and neediness and that's kind of what happened to me you know I I was getting along with their grade but I was coming at the energy that I was exerting was a fear of scarcity that I was desperate and at the same time the roommate that I was I was also living with he was in a state of abundance he was just a guy that you know he wasn't attached to the outcome he didn't care whether or not you know if it didn't work out with her no big deal he

had abundance there's many other opportunities out there there's plenty of fishing to see as they say and I remember that experience where she actually I actually turned her off from my neediness and my scarcity mentality that she ended up you know getting together with my roommate because he just wasn't attached she was a lot more attractive because of that and it was really painful for me at the time it really hurts but it provided such an incredible lesson for me at that stage in my life of how scarcity and abundance affects you how it not

only just affects you but it also exudes to other people it's contagious it's infectious to those around you and I see a lot of people for example and just not just dating but relationships as well where they're with someone and they get so attached to that person because they're so afraid of losing them they're so afraid of losing them because they're insecure they don't have the confidence or the belief that there's other options out there that might exist or that person doesn't want to be with them it's going to mean something that they're not enough

instead of the person of abundance someone doesn't want to be with them they just say next and they move on to the next person you know that doesn't affect them in any way right or people I know from myself I can give a lot of examples of myself because I still live there a lot guys but I remember my very first relationship my first girlfriend was a lot younger I was in so much scarcity that and by the way you know you have a lot of scarcity when you don't have a lot of options so

for myself it was only once in a while that I'd actually be in a situation where I could actually be with her you know a girl and have a relationship with her so I'd cling on to that and I remember I just sacrificed my whole life you know I stopped hanging up my friends I stopped going to the gym I stopped doing other things and my whole life revolved around her my whole identity and sense of self-worth and it was just totally exuding a lot of scarcity and sure enough I turned off that girl and

was no longer with her which ended up being a blessing of course but that's an example of it that's an example a lot of people in relationships that have that fear instead of the abundance of just they don't understand as many options out there there's plenty of fish in the sea and you have to take on that mindset that mentality in the same way you know I relate this to finances as well a lot of people out there that are making money but they're so afraid they have so much scarcity that they're afraid to invest

that money they're afraid to invest it in themselves and a course and learning and books and seminars and coaching they're afraid to invest it in an opportunity that might exist that could change their life that could provide a new stream of income for themselves they're so afraid to give that money they don't want to give it away you know to maybe something that's worse off than them and they're so attached to it and that's a very unhealthy place to live and I kind of you know the metaphor that I have for that is that oftentimes

if you have some money in your hand a lot of people in scarcity that hold on to it and they're trying to keep it there at all costs and they're so attached to it but what happens is when you're closed off like this you're not open to new opportunities coming into your life you're not open to receiving more because you're closing yourself off and you're holding on to what you got and it's not until you can learn to let go of that and be okay with it be comfortable with it that more abundance will flow

into your life you know I even remember a mentor of mine as an with relationships one thing that he'd say also with dating and relationships a lot of people they get really clingy may try to hold on to that girl you know or that guy and his metaphor was that a woman is like a butterfly that lands in your hand and you have to appreciate its beauty you have to love and cherish its presence and maybe you curl up your hand slightly to protect it from the wind and keep it safe but if you go

like this you're going to suffocate it and if you do that then sure enough it's going to leave you but if you're open then yes that butterfly can fly away it can leave you but one thing that he used to say in that Stefan is not until a woman where a man is free to go that they will stay I thought to myself that is so true you know so relationships guys finances I could go on and on about how that affects people it even in business a lot of people that I work with for

example that want to start an online business there their fear comes in and they think oh there's no opportunity out there it's so competitive and they were it saturated and they're worrying about what other people you know are doing and thinking about instead of the abundant person sees the opportunity that exists they're coming at it from more of an optimistic mentality versus a more of a pessimistic one and that can make a huge difference as well because a lot of people won't even get started because of their fear or they they just are always frustrated

and worrying so much about all these things that you really don't need to worry about and so it affects in multiple areas but let me go through the list here guys so that you guys can understand more about the difference and relate to some of this thinking so the scarcity mentality is someone that looks at the glass as being half-empty versus half-full someone again that worries about competition saturation competition guys business maybe even competition and dating relationships they get jealous even they just get jealous of other people that might be doing better than them you

can be strangers it can be seeing that person passing by that's got the nice car and they view that that that's competition for them or less opportunity for them and so it triggers that fear and scarcity within themselves they're afraid of losing their time or money they're afraid of failing whereas the abundant person understands you know what failure is part of the process they're not afraid to lose time and money because they understand what's most valuable which is the learning the growth that you gain from that they're attached to the outcome they're attached to things

being a certain way instead of just trusting the process and trusting whatever happens as part of the process and part of the ultimate plan their mindset and thinking is that there will never be enough they compete to stay on top they think you know I've heard this from some people online is they would think why would someone give away all their secrets right because they don't understand that someone in scarcity they want to hold on to the knowledge and information that they have they don't want anyone else to know what they're doing and they're very

secretive about it they try to keep them stick to themselves because they're afraid that someone else might copy or steal their idea right they don't want to share oftentimes people in scarcity they don't want to help other people either because they view them as competition or they feel it triggers jealousy or insecurity within the cells by seeing other people do well other people succeed and prosper oftentimes they're suspicious of others can be skeptical you know they're afraid of being replaced you know someone might encounter that if you've got a job and you're afraid of you

know getting replaced by someone else they believe that you know times are tough and they believe that the pie the opportunity is shrinking they think small ultimately they avoid risk they avoid taking any chances they fear change and oftentimes they criticize and judge others and guys we see that all the time online on YouTube comments and whatnot and a lot of criticism and trolls and haters and judgments and all that is is guys it's just fear it's just fear of people living in scarcity often times they have a sense of entitlement right the world revolves

around them or they expect things from other people they hold a group hold a grudge towards other people as well they blame other for their other people for their failures they don't want others to succeed they often take all the credit for their victories you know they don't give credit to anyone else it's all about them and sure enough what happens is someone that lives on scarcity they ultimately live in frustration you know common emotions they experience your anger stress resentment anxiety and it holds them back it limits them in a huge way now the

office of that guy's is abundance the person with the abundant mentality looks at things looks as the glass is being half full instead of half empty they don't worry about competition they make competition worry about them and instead of focusing on oh my god there's competition out there or saturated they're not even focused on that they're focused on the opportunity that exists and I'll give you an example of this I work with people on selling on Amazon and whatnot and building online businesses and you know I'll notice there would be some people to have the

same opportunity as everyone else but one person that has the scarcity mentality will look at that and say well Stefan it's you know there's all these other people that are doing this as well and they're further ahead than me and it's more competitive it's more saturated and they're focusing on all the limitations they're focusing on how it's not going to work for them whereas the person with the abundance mentality has the same opportunity as the other person but they look at the opportunity instead they look at how big the market is what they're inspired by

whether people are doing they're intimidated by it they think wow this is great all these other people are doing well they're making money they're successful that means that I can do it as well they've already validated and proven the process for me and they think that like they actually think that the more people they're in the market the better because there's more opportunity to collaborate to partner to joint venture to have affiliate relationships with these other businesses that exist out there so totally different mindset and guess who the person is that goes on to succeed

the person that succeeds is the one with the abundance the person was scarcity in fear they get intimidated get discouraged and live in that fear and sure enough they don't take any action so I've seen that happen time and time again of just you know looking at it from a perspective of business and the same thing can be said about relationships and dating I mean if you don't believe if you believe it's too competitive or you're not enough and you're insecure about that you're probably not going to be able to attract someone and go out

there and meet them whereas some with abundance is just going to exude a lot more attractiveness to the opposite sex because they're not attached and they just you know if it doesn't work out they just move on to the next one no big deal people with abundance are willing to part with their time and their money they're not holding on to and they're not so attached to it they're ok with it they're ok to risk failure for the learning the growth that they experience because they're focused on the long-term and the ultimate prize they're unattached

to outcomes we're not trying to control the outcome they just trust the process they owe you know they have the mindset that there's always more you the scarcity mentality was that there's not enough they believe there's always more instead of competing to stay at the top this is a gray one so people scarce they compete to stay at the top peopled abundance they collaborate to stay at the top they don't view competition as a bad thing they viewed as a good thing because it's an opportunity for them to partner collaborate with others they're generous with

others they're generous for sharing their knowledge and helping people you know they're not afraid to part with their knowledge you know people say well Stefan why are you why are you doing this why are you sharing your information and knowledge you do you do so much you give away for free and aren't you afraid that other people are going to compete with you aren't you afraid of the people in the copy you aren't afraid they're going to make less money or whatever it might be and I say no because I don't live in scarcity I'm

not valid I don't value that I value abundance and helping people and giving a contribution and I believe that the more that I do that the more that comes back to me I believe in making a difference in the world and I'm not not everyone's living that way right but those people that are in scarcity don't understand they don't get it they don't understand why someone would share their information or create a course or give that away you know so it's much different mindset that a lot of people have they welcome competition they strive to

grow they believe the best is yet to come the best is yet to come they believe that the pie the opportunity is growing not shrinking they look at how much more it's going to grow they think big you know scarcity is all small thinking abundance is thinking big it's embracing the risk it's taking ownership and responsibility for the change you know oftentimes people in scarcity will criticize and judge other people people in abundance they compliment they praise other people they cheer other people on they encourage them they get happy seeing other people succeed other people

do well and you know that's one thing and I know for myself that's what makes me the happiest is seeing other people do well other people that with me the comments or their success or their breakthroughs or people that I work with my friends and family I'm not envious and jealous and you know looking down on them in any way I want them to do well I want them to succeed that's the abundance mentality I don't get jealous by that I don't feel threatened by that in any way and so that's an important thing they

have a sense of gratitude they forgive others they take response the responsibility for their actions and results and like I said they want others to succeed they give other people credit for the victories they're not just about taking credit for themselves they're actually willing to give other people the acknowledgment and credit as well and sure enough ultimately people that have abundance they live in joy they're all happier they're people that are a lot more free in their lives and they're living gratitude in this abundance and guys I think that's one of the best emotional states

that you can experience in your life and I know it's changed my life in so many ways and you might be asking well Stefan you know how do I get out of that how do I make the shift and I think you know one there's a lot of work you do with your beliefs and I don't have time to get into that today my life mastery accelerator program I actually have a process that I share the four-step process for changing their beliefs that could definitely help you with that but I think you know the actions

that you can take is just focus less on yourself focus on giving more you know I know for myself I've got a ritual in my life right gift I give when those opportunities to give to homeless people I've given the charities a lot of philanthropy work a lot of that has helped me got out get out of that state and even it's not about the amount but it's about the habit of it you know I did this when I had no money whatsoever but I decided you know what I'm committed to living an abundance of

my life so I can give a dollar I can give ten dollars here and there and I can still do that what that does is it balances me out and it helped me realize that there's more than enough that things are going to be okay and sure enough it freed up my mindset and to receiving a lot more in my life as well so I think giving not just financially it can be beneficial but even your time you want to be generous with your time just live some of the qualities that I shared with you

guys and maybe what I'll do is I'll make a list of some of these for you on the blog at project life master comm - the link below below - so you guys can see some of it and just decide - to shift your thinking in that direction you know maybe it's also taken that leap of faith and maybe hiring a coach or going to a seminar or you know for example I remember this one ex-girlfriend that I had she had a very lovely family but her dad had a lot of scarcity and they were

actually doing really well financially and I remember you know her share with me that they needed a new couch right and they do really well financially but their couch was really really bad is really old it was like really embarrassing I guess and the dad refused to buy a couch even though they had the money to you because of the scarcity and sometimes people that you know even have the money they just are very conservative with it and sometimes can be cheap or stingy and sometimes it can be scary to part with that to part

with the money that you've earned what you saved to invest it in in some new things or to take you know treat yourself in that way or to invest in yourself but I think that's one thing that the more that you do it then the more that you're going to benefit the more that you're going to free yourself from the scarcity and fear so those are the things that I try to do in my life and I'll just practice loving people more and giving more to people and and not judging forgiving people and just trying

to serve the world on the better way so this video has been going on a little bit long enough but hopefully this can help you guys hopefully this is giving you guys some more awareness about where you're at right now in your life and you guys can free ourselves of it and I can promise you it's going to change your life in so many incredible ways so I want to end this video for you guys here I want to thank you guys so much for watching hit the thumbs up if you enjoyed this video and

make sure to subscribe for more and leave a comment below and if you guys want more for me then I'd recommend check out my life mastery accelerator program at life mastery accelerator com this is my monthly mentoring program where we go into more higher-level concepts and strategies and techniques that can help you change your life and they also you some QA and coach and work with people that are part of that group as well so check that out if you want more but I want to thank you guys for watching this video today and I

look forward to seeing you again in the next one take care you