“She’s naturally skinny.”
Some people believe that people are born with limited talents and advantages.
They think everything we achieve can be traced back to the lottery of birth.
Accept your lot in life, they say. You’ll never become anything greater.
They say things like:
- “You don’t have the connections.”
- “You don’t have the money.”
- “That’s not for people like us.”
- “You’re getting above yourself.”
- “Ugh, there’s nothing good on TV. I’m bored.”
Others, however, believe that while people may be born into differing situations, we have the ability to grow.
We can harvest our advantages. We can spring to the next level. We can be richer, healthier, happier, more traveled, and more free than the circumstances of our birth.
We create our own fortunes.
- If we lack the skills, we build them.
- If we lack the connections, we make them.
- If we live in an area that lacks opportunity, we move. (Or we capitalize on the Internet.)
Sure, some people have it easier. That’s irrelevant. Don’t focus on how rich / healthy / advantaged other people are … focus on whether or not you’re hitting your own personal goals.
“But I Only Make $X!”
“How can I get ahead if I only earn $X?”
They believe they won’t earn another dime unless some external force that they can’t control (i.e. their boss) waves his magic wand, taps his ruby slippers together three times, and decrees that they should get a 3 percent raise.
This is a “fixed money” mindset. It’s a mentality you need to shatter.
People with “fixed money” mindsets fall into one of two categories:
- They’re broke. “I don’t make enough to pay my bills!”
- They’re cheap. “I have to clutch onto every penny, because once it’s gone, it’s gone!
How do I know this? I’m reformed. In my early twenties, I had a “fixed money” mindset. My salary was my salary, I thought, and that’s where the story ends.
As a result, I became ultra-cheap. I’d endure massive lengths to save a buck or two. Meanwhile, I placed zero value on my time.
Then I flipped my mindset.
Within two years, I tripled my income. Holy mackerel.
In short: I flipped from a mindset that thought: “Money is limited; grip it with all your might!” to a mindset that thought: “Money is infinite. There are hundreds of trillions of dollars in circulation all around the world, and I’d have waaayyyy more than I need with just a teeny-tiny fraction of that.”
“Money is also a reflection of the value that I create for others. Impact lives, and the money will flow.”
That’s when I changed from a “fixed” mindset to a “growth” mindset.
From a “limited” mindset to an “infinite” mindset.
From a “scarcity” mindset to an “abundance” mindset.
And you know what’s crazy, and sorta counter-intuitive? When your mindset is centered on abundance, you feel free to give back … in ways that you never imagined you could, back when you were gripping onto your pennies for dear life.
Which do you have?
P.S. If you like this post, check out the book Mindset: The New Psychology of Success, by Stanford professor Carol Dweck. It goes into depth about fixed vs. growth mindsets.