8 Ways to Develop an Abundance Mindset

Dr. Ankit Sharma, PhD

Updated on:

Develop an Abundance Mindset

To develop an abundance mindset is the idea or the view that there are enough resources & successes for all of us to share. This view is contrasted with an insufficiency mindset or the opinion that there is not enough that each person must protect their achievements or resources from others. These terms were first found in Stephen Covey’s book ‘The 7 Habits of Highly Successful People’, published in 1989.

What Does Abundance Mindset Mean

Develop an Abundance Mindset

People who see the world in an abundance mindset will often see others as potential associates rather than competitors who want to snatch what they have. An abundance mindset is based on appreciation, a deep-rooted belief that the world is full of possibilities & opportunities, & that helping others to achieve their goals will help you to achieve your own.

Approaching the world, & your industrial journey, with an abundance mindset, can have a far-reaching impact on not only your success in professional life but also the level of satisfaction with your personal life & the choices you make. From the fundamental concept that there is sufficient opportunity & success to go around & that all one has to find it, a commanding & dynamic system of personal and professional growth occurs.

People who believe that the world is full of positive opportunities will be more open to new ideas & will grab the opportunities they are presented with. Like many skills, we can try to Develop an Abundance Mindset to increase positivity.

How To Develop an Abundance Mindset

Develop an Abundance Mindset

An abundance mentality is a very powerful personal & professional growth idea, but many people find themselves trapped in a cycle of scarcity-based thinking. Like all of the thought processes we can find in our minds, it can be hard to change our thinking & outlook.

Here are a few tips to Develop an Abundance Mindset.

1. Identify the Power of Your Thoughts

Practicing mindfulness can help to decode when your thoughts are creating a mindset of scarcity. Take time to notice what type of thoughts are arising in your head; then, you can begin to make a conscious effort to transfer your thoughts toward abundance. If you are not getting expected results in some area of life, ask yourself, are your thoughts about this based on fear & insufficiency? If so, ask again, what do you need to do to shift your mindset to abundance? Write them down on a piece of paper or diary.

2. Try Practicing Gratitude

Practicing gratitude is one of the most potent & extensively familiar practices for the creation of abundance & happiness. There are various studies on the power of gratitude on well-being. Oprah Winfrey said, “If you look at what you have in life, you will always have more. Looking at what you don’t have in life, you will never have enough.” Tony Robbins is quoted in the same tone: “When you are grateful, fear disappears, and abundance appears.” 

Keep a gratitude diary & write down what you are genuinely grateful for every day. Try to note at least ten items. If you get jammed, remember to list the simplest things that often get neglected, like the soft bed you sleep in, a hot shower to relax, or just the chance to live another day.

3. Believe in Limitless Potential

The enemy of abundance is constricted awareness. Research has found that when people focus carefully on one particular thing, other opportunities in front of them go ignored. It is vital to open up the mind’s focus & create an extended awareness that promotes the abundance mentality. Try to meditate regularly or try to be somewhere quiet & peaceful each day. Have the intent to clear your mind & let new abundant possibilities come to you.

4. Nurture & Share Your Passion and Purpose

Recognizing & creating confidence in the things you are good at and love to do is an exceptional way to nurture belief in yourself. Learn how to share your potential & provide value by serving those who would benefit most. Self-confidently share what you do online or in person. Take steady action to share your unique value with the world & all living things around you.

5. Try To Develop Mastery Experiences

A great way to build self-efficacy, which is the deep knowledge that you can create anything you want in life abundantly, is to intentionally creation of mastery experiences. Mastery experiences are the past experiences of success that create mastery in one particular area. Think of a big thing that you want to attain. Now make a list of all the small actions you need to take to get that. Concentrate on the small, achievable steps in the procedure & soon, you will effectively reach your goal.

6. Choose Your Words Wisely

Your speech of you, as well as what you tell yourself & others, builds your reality. Notice your stories; are they stories of scarcity or abundance? When you are engaged in some discussion with a friend or an acquaintance, try to notice what you are saying about your experience & beliefs. When you are talking about something you can’t have, be, or do, even though it’s what you wish, stop yourself & say, “Thank you for paying attention to me, but I would like to take the earlier statement back because that is a scarcity state of mind and I am creating an abundance mentality.” Then, state something that can arise from an abundance mentality.

7. Try To Think Like a Beginner

An abundance mentality wants learning & growth; it needs a core knowledge that you don’t know everything, even about topics you might have mastered. The beginner’s mindset is about having the capability to maintain an outlook of openness & enthusiasm, along with the readiness to supersede existing presumptions (just as a beginner would) no matter how experienced you may be.

8. Notice The Goodness

Humans tend to notice darkness more easily than light. It’s not your fault. Our ancestors, who quickly saw threats, were more likely to survive than those who weren’t. But optimists depend on an abundance mindset & try to lead better, longer lives.


It may not be entirely natural at first. Still, anyone can begin to Develop an Abundance Mindset & continue to live a meaningful & fulfilling life by taking constant action. As you increase your awareness, & notice any scarcity mentality that may arise, use these action steps to throw it into your deepness of abundance.

Leave a Comment