I have always loved the word “abundance” and the expansive feelings of freedom that come with it when I think about it. And well, it is obvious I valued its meaning so much that I incorporated it into the name of my business. Personally, I believe we live in an abundant Universe and there is more than enough for everyone. To understand this concept of abundance, it is important to look at its opposing philosophy to understand what it is not.

Scarcity Mentality vs. Abundance Mindset

Stephen Covey originally created these two terms in his book The 7 Habits of Highly Effective People. One who lives with a scarcity mentality believes that everything in the world is finite. In other words, there is only so much money; there are only so many resources. It falls into every area of life.

Take for example, people working together in the workplace. (And you can also use this same example in a group of friends.) Let’s say someone accomplishes a major goal that they have been striving for. A peer who lives with a scarcity mentality might outwardly celebrate their success but deep down feel threatened; because there is only so much success to go around and since that person achieved some of that, their chances of success are decreased.

Since there is only a certain amount of everything to go around (resources, success, etc.), the emotion of fear often accompanies the scarcity mentality. If you are a subscriber to vibrational frequencies of emotion, you know that the emotion of fear lies in the lower vibrational frequency. The lower the frequency, the denser your energy, the heavier your problems seem. Even if you do not subscribe to this theory, it isn’t much of a stretch to think of a life full of fear (mostly subconscious) and realize that isn’t a happy or satisfying way to live.

 Shifting from Scarcity to Abundance

Moving into an abundance mindset isn’t as challenging as you might initially think. According to Carolyn Castrillon, a contributor for Forbes, here are five ways to move from scarcity into abundance:

1.Focus on what you have.

We are trained in our society to focus on what we don’t have. Entire industries depend on this to operate and stay in business. If we are striving to be better – look better, feel better and be more, we are operating in a “not enough” space. Take a moment to look inside at where you are right now. What qualities do you have NOW? What do you bring to the table already?

2. Surround yourself with people who have an abundance mindset.

 There is an adage that you are the sum of the five people you spend the most time with. If you want more of a certain quality, think about spending more time with people who already have that quality. You will start learning what and how they think and it will become easier to shed the behaviors and thoughts that no longer serve you.

3. Create win-win situations.

In a scarcity mindset, one will assume that if one person wins, another person must lose. Is that always the case? Absolutely not! Rather than thinking in the either/or space, think instead of AND. There are many win-win situations when you can open your mind up to them. Coming for a place of creating a win-win situation naturally assumes there is enough to go around for both to find an equitable or even successful solution.

4. Incorporate gratitude into your daily life.

 If I had to name one thing in my life that has had the greatest impact on me, it is my ability to feel gratitude for things both big and small. Focusing on areas where you feel thankful for things causes you to start recognizing the blessings in your life that surround you…even if it is just the birds that chirp outside your window or your loyal dog whose head ends up in your lap at the end of a long day. Gratitude is the antidote to “not enough” and the more you can immerse yourself in this, the easier it is to see the abundance that surrounds us.

5. Train your mind to recognize possibilities.

 Operating from a space of abundance allows you to see more opportunities in your life. Have you ever had the experience of buying a new car and then you start seeing it everywhere? Our minds have this incredible ability to see more of what we are focused on. It follows then that living in the fear of “not enough,” we will start seeing more experiences that demonstrate there isn’t enough in our world. Rather, if you can be intentional about loosening your expectations and being open to seeing alternatives, you can shift out of the limiting mindset and into a more expansive one, where abundance thrives.

 There is more than enough

 Shifting from an “either/or” mindset to an “AND” awareness allows you to realize that there is more than enough to go around. We do not live in a limited world. Resources are abundant. There is more than enough of anything you want. You just have to have the mindset to both go after it while at the same time allow it in.

One of my favorite sayings is: A rising tide lifts all boats. THAT is the ultimate outcome of more people living with an abundance mindset. Together we work, without fear, knowing there most certainly is enough to go around. When we do this together, we all rise.