Types of Abundance
Stephen Covey nailed it when he coined the terms scarcity mindset and abundance mindset in The 7 Habits of Highly Effective People. Here's the deal: a scarcity mindset is thinking that life is like a pie, and if someone else gets a bigger slice, there’s less for you. It’s feeling like you’re not as lucky, talented, or equipped to succeed as others. And guess what? That attitude is keeping you stuck.
On the flip side, an abundance mindset believes the universe has limitless opportunities, and there's more than enough for everyone. People with an abundance mindset feel empowered—they know they can create their own success, and they’re not sitting around letting life happen to them. They take action, because they know they don’t have to settle for less.
Wealth: There's More Than Enough to Go Around
When we think abundance, most of us start with wealth. Sure, having money is a huge part of it—who doesn’t want their bills paid and a few luxuries to enjoy? But true abundance means you’re not just hoarding money, you’re also using it to make a difference. If you’re in a scarcity mindset, you think there’s not enough to go around, so you clutch onto what you’ve got. But with an abundance mindset, you know that wealth is a tool that can keep flowing and help you and others live a purposeful life.
Money isn’t a finite pie. There’s enough to go around for everyone. So when you focus on building wealth from a place of abundance, you’re not just getting rich for yourself—you’re creating opportunities to spread that wealth and make a bigger impact.
Health: Take Control of What You Can
Your health? It’s partly genetics, sure. But a lot of it comes down to choices you make every day. You control what you eat, how much you move, how well you manage stress, and when you see a doctor. In a scarcity mindset, people feel like their health is out of their hands. But with an abundance mindset, you take charge. You’re the CEO of your own body. If something’s off, fix it. If you don’t know how to fix it, find an expert. Simple as that. Don’t sit around feeling helpless—take action like you would in your business.
Knowledge: Learn, Grow, Share
Knowledge is power, period. If you don’t know something, go learn it. You can’t expect success to just fall in your lap without putting in the work to grow and develop your skills. Yes, learning something new can be tough, but it’s necessary if you want to level up. And here’s the abundance mindset twist: once you know something, share it. Help others grow too. There’s enough knowledge to go around for everyone—so stop holding back.
Fearlessness: The Key to Unlocking Abundance
Fear is the biggest roadblock to abundance. If you’re letting fear of failure or rejection run your life, you’re never going to reach your potential. Whether it’s fear of new experiences, meeting new people, or tackling big goals, it’s keeping you small. An abundance mindset means kicking fear to the curb and pushing forward anyway. Take the leap. You’ll be amazed at what happens when you stop letting fear hold you back.
Positivity: See the Opportunity in Everything
An abundant life is one where you see challenges as opportunities, not setbacks. Positivity isn’t about ignoring the tough stuff—it’s about knowing that every situation has something to teach you. When you approach life with a positive attitude, you uplift yourself and everyone around you. And guess what? People are drawn to that energy, which opens up even more opportunities for you. Positivity is contagious, and it’s a game-changer for both your personal life and your business.
Patience: Good Things Take Time
Patience is a non-negotiable in the abundance game. Success, whether in wealth, health, or relationships, doesn’t happen overnight. The key is to stay committed to your goals, even when you’re not seeing results right away. Setbacks? That’s just part of the process. If you have an abundance mindset, you know it’s all unfolding in the right time. Stick with it, trust the process, and don’t rush the magic.
Relationships: Build Your Support Squad
Abundant relationships mean surrounding yourself with people who lift you up and support your vision. You don’t need to have just one mentor or one friend to rely on—build a squad. Different people will serve different roles in your life, from emotional support to business connections. An abundance mindset knows there’s no limit to the relationships you can cultivate. You never know who’s going to be a key player in your next big move, so keep building strong, positive connections with the people around you.
Sense of Purpose: Know Your "Why"
Your sense of purpose isn’t about how much success you achieve—it’s about your “why.” What gifts do you have that are uniquely yours to share with the world? If you don’t believe you have anything special to offer, you’re stuck in a scarcity mindset. Flip the script and see yourself as someone who has something valuable to contribute. When you live with purpose, abundance flows to you because you’re operating from a place of authenticity.
Self-Love: The Foundation of Abundance
Here’s the thing—if you don’t love yourself, you’re never going to live an abundant life. Self-love means treating yourself with the same kindness and respect you’d show to others. Quit the negative self-talk. You wouldn’t tell a friend they’re “too fat” or “too stupid,” so stop saying it to yourself. When you practice abundant self-love, you feel worthy of success, health, love, and everything else you’re manifesting. You won’t let self-doubt hold you back because you know you deserve everything you’re working for. When you love yourself, you naturally attract more abundance into your life.
Bottom line: abundance isn’t just about money. It’s about how you approach every area of your life—your health, your relationships, your mindset, your purpose. Shift to an abundance mindset and watch how everything starts flowing to you. You’re in control of your life, so stop thinking small. There’s more than enough for everyone, including you.
