How To Let Go of Scarcity & Practice an Abundance Mindset

In a culture that repeatedly pushes you to compete, win, hustle, crush, kill it, smash it, and dominate, it’s an act of rebellion to pause, reflect, dream, and flow into your personal abundance.

The words themselves are not only aggressive in nature, but they promote an agenda that says you should always push harder and harder and wipe out anyone in your path. There’s nothing wrong with healthy competition, working hard, or striving for success, but the crushing and the hustling? I’ll say it right now just so we’re clear, I’m not into it.

Scarcity Mindset

If you’re constantly trying to hustle, crush, and dominate, you’re not only burning yourself out physically, emotionally, spiritually, and mentally, you’re living life with a scarcity mindset. And as a result, pushing away the one thing that you truly want…abundance!

A scarcity mindset is the idea that there will never be enough and that everything is limited (time, money, success, love, opportunities, etc.). It manifests as jealousy, fear, fear-based decisions, panic, and indulgence in excess or extremes. It’s an all-or-nothing mentality, and the hustle and grind culture perpetuates it. 

The Old Results

When you focus on competing, comparing yourself to others, dominating, and trying to “win”, you’re showing up in the world with the expectation that someone has to lose, or be less-than, in order for you to succeed. This is a fear-based perspective, and we see it playing out all the time in the most subtle and extreme ways, from people comparing themselves to others on social media, to full-blown institutionalized racism.

Simon Sinek expertly wrote about the win-lose/ scarcity perspective in his recent book, The Infinite Game, saying: “In finite games, like football or chess, the players are known, the rules are fixed, and the endpoint is clear. The winners and losers are easily identified. In infinite games, like business or politics or life itself, the players come and go, the rules are changeable, and there is no defined endpoint. There are no winners or losers in an infinite game.” 

To Sinek’s point, when you live from a finite (or scarcity) mindset, you’re playing a small, finite game. Life is so much bigger than that. Life is literally infinite! There’s no defined endpoint or finish line that we’re all collectively trying to reach, so there’s nothing to win, and thus, nothing to race towards. Each one of us is experiencing our own individual timeline and journey. 

It’s so common to fall into a scarcity mindset. We all do it, for every kind of reason, from life experiences and traumas, to old beliefs and fears that we carry. We can’t blame ourselves for it, but we can give ourselves permission to learn something new. My hope is that this helps you identify what the scarcity mindset looks like, so you can leave it behind. You can begin living your life with an abundance mindset right now, today, opening yourself up to more joy, success, and fulfillment.

Letting Go & Welcoming Abundance

So how do you put the scarcity perspective in the past?

  • Grow your self-awareness muscle and heal your wounds that formed from moments where you learned to fear “not being enough” or “not having enough”.
  • Stop trying to “win” at life. There’s no finish line or prize.
  • Practice seeing the world through eyes of abundance.

Here’s what practicing an abundance mindset looks like:

  • Knowing that there is plenty of wealth, love, time, resources, and success for everyone.
  • Trusting that what you desire is coming your way despite challenges, setbacks, and struggles.
  • Supporting and celebrating the success of the people around you.
  • Dreaming big, without limits (even if you don’t know how it will all happen yet).
  • Letting go of fear and embracing change and new possibilities.
  • Listening to your intuition and aligning with your truth.
  • Having gratitude for what is, and what’s to come.
  • Creating and having faith in long-term strategies and plans.
  • Always being a student of life; practicing beginner’s mind and seeking wisdom.

I hope this was helpful for you! If it was, let me know. Send me a message at And please share this with someone you know who might like to read this. Forward this post using the buttons below!