Guest Post by Derrick Braziel
There is a permeating barrier that blocks many entrepreneurs from taking the plunge and moving their business idea to the next stage. More often than not, the paralysis of fear inhibits many of us from pursuing our goals, and instead, turns our attention to the laundry list of limitations rather than advantages that may be facing us.
Do we live with the mentality of scarcity then?
What is the Scarcity Mentality, you might ask?
The Scarcity Mentality, coined by Stephen Covey in his best-seller, The Five Habits of Highly Effective People can be explained as:
Most people are deeply scripted in what I call the Scarcity Mentality. They see life as having only so much, as though there were only one pie out there. And if someone were to get a big piece of the pie, it would mean less for everybody else.
The Scarcity Mentality is the zero-sum paradigm of life. People with a Scarcity Mentality have a very difficult time sharing recognition and credit, power or profit – even with those who help in the production. The also have a a very hard time being genuinely happy for the success of other people.
Why is this important?
Coming from the traditional not-for-profit world, I observed a pervasive mindset from people who believed that in order for any undertaking to launch, you need one thing: CAPITAL. This paradigm, in an attempt to mitigate risk, creates invisible barriers that in many instances hampers creativity and growth. My life experiences have proven that the world does not operate within the Scarcity mindset, but rather, operates based upon a precept of abundance.
The Abundance Mentality, according to Covey, flows “out of a deep inner sense of personal worth and security. It is the paradigm that there is plenty out there and enough to spare for everybody. It results in sharing of prestige, of recognition, of profits, of decision making. It opens possibilities, options, alternatives, and creativity.”
In other words, having the mentality of abundance assumes that individuals and communities have assets to share and collectively benefit from, which in turn increases, rather than depletes the resources afforded to those who invest in one another.
Dreamapolis, the organization that I helped create, has continued to grow as a result of a deep-seated belief in abundance. Since September, the team members of Dreamapolis and I have worked tirelessly without receiving a dollar in compensation. I have had to find creative ways to pay my bills, put gas in my car, and when necessary, provide for my most basic needs. But through this, I have not wavered in my passions, and the Universe responded. Dreamapolis is now in a position where we are continuing to grow and are now distributing seed grants to three urban Indianapolis entrepreneurs to help them turn their dreams into a reality. Furthermore, the Abundance Mentality has brought us sponsors that are giving us the ability to provide $500 in additional seed grants for young entrepreneurs in our community.
Did I mention that we are doing this without receiving a single dollar in revenue? The world has continued to deliver circumstances, both positive and challenging, that we are leveraging in an effort to provide opportunities for others.
So let me ask you this: Is your glass half-empty or half-full?
When you come to the realization that your search for outside resources diminishes what you already have at your disposal, you develop an Abundance Mentality that will propel you to create more opportunities for yourself and the community around you.
The Alchemist says that, “when you want something, all the universe conspires in helping you to achieve it.” When you change the way you think, you change the way you act, which changes the way the world responds. And this, it appears, involves the entire community to work together in getting things done.