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
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
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