The Surprising Truth About Scarcity MindsetDec 19, 2022
It's a well-known fact that rich people help each other out. Whether it's pooling resources to invest in a new business venture or simply lending a listening ear, these individuals understand the importance of working together. Poor people, on the other hand, are always fighting with each other for limited resources,
It's an unfortunate reality, but one that holds true in most cases.
Rich people tend to be more generous with their resources, whether it be in the form of money or time. They are often willing to lend a helping hand to those in need, understanding that when one succeeds, everyone benefits. This mentality is seen across many rich communities such as venture capitalists, entrepreneurs, and real estate investors.
The same cannot be said for poor people who often feel they must take what they can get and that there is not enough to go around. This scarcity mindset prevents the poor from forming lasting relationships and working together to lift each other up. Instead of helping each other out, they are always locked in competition for limited resources.
Unfortunately, this leads to increased strife between poorer individuals and groups as they struggle against each other for survival rather than forming successful partnerships. The rich may find some benefit from this dynamic if it serves their interests but it can leave an otherwise tight-knit community fractured and divided on the whole.
The rich have been able to overcome these obstacles by understanding that collaboration over competition is the key to success. Working together allows them access to a greater pool of resources and knowledge which helps them build wealth and economic security faster than individual efforts alone would allow.
It takes great discipline and determination for poorer individuals to break out of the cycle of poverty but when done correctly, immense rewards can come from working together rather than competing against each other. Cultivating relationships based on mutual trust instead of distrust will help create an atmosphere where everyone stands to win rather than just a select few who are lucky enough or powerful enough to do so at others' expense.
The information contained herein is for general guidance on matters of interest only. This information contained herein is not intended to provide you with any advice on financial planning, investment, insurance, legal, accounting, tax or similar matters and should not be relied upon for such purposes. M1 Real Capital Inc, Marcin Drozdz is not a financial, legal or tax adviser. You should assess whether you require such advisers and additional information and, where appropriate, seek independent professional advice. You understand this to be an expression of opinions and not professional advice. You are solely responsible for any actions you take with the content and hold M1 Real Capital Inc, Marcin Drozdz or any of his affiliates harmless in any event or claim.