Tips on How to Defeat the Poverty Mindset

“Success, just like poverty is a state of mind. You can become successful instantly with a simple decision and commitment. Long lasting and pronounced success comes to those who renew their commitment to a mindset of abundance every minute, hour and day.”

Bryant McGill

The Meriam-Webster Dictionary defines poverty as “the state of one who lacks a usual or socially acceptable amount of money or material possessions”.

Poverty may range from extreme want of necessities to an absence of material comforts.

Although the word “poverty” has many synonyms which may have different applications, the context of this post should not be confused with;

• Indigence: a seriously straitened circumstances.
• Penury: a cramping or oppressive lack of money. 
• Wants and Destitution: extreme poverty that threatens life itself through starvation or exposure.

Poverty mindset is a belief system that life is full of scarcity. It is the mindset that things are hard to get, that money is hard to earn, and that there isn’t enough out there for us. Poverty mindset rears its ugly head in the things we say, the thoughts we think and the actions we take. Living somewhere unsafe that negatively effects our emotional wellbeing because rent was cheap is a form of poverty mindset. Refusing to invest in ourselves because we don’t want to spend money is a form of poverty mindset. 

Here are tips that will help you to defeat a poverty mindset;

1. You must confront it. 

You must stop agreeing with poverty mindset, find it in your life, take a good hard look at it, and admit that it’s there and that’s what it is. Stop getting defensive about it. Poverty mindset is a touchy subject mainly because this mindset causes the individual to make others wrong to justify being in poverty mindset. Stop justifying yourself and just look at where you are, who you are, and what you have. Do you like it and do you want to stay there? If the answer isn’t “yes”, then get over your belief system. It’s not working. You must confront that you may have the wrong data and that it is causing you to think unhelpful thoughts and take the wrong actions for your goals and dreams.

2. Find the right information. 

There is correct and helpful information out there in existence. You will need to pay for this information. Why? Because the only way to break poverty mindset is to stop agreeing with it and begin disagreeing with it. If your mind is telling you “don’t buy this” and your reasoning is fear and uncertainty, you need to do it just to invalidate your poverty mindset. Study the right information. Information is as right as it works. If you’re seeing results, apparently the information is right. You must think this way.

3. Decide. 

Cut off the old way and cut in to the new way. This doesn’t mean you’ll be perfect from day 1, but it does mean you need to burn the ships. Stop doing poverty things or thinking poverty thoughts. Stop spending time with poverty people. You must cut those off. Begin doing wealthy things, thinking wealthy thoughts, and spending time with wealthy people. When you decide, you may need to decide again, and again, and again. This mindset is a hard mindset to break.

A wise man once said “You do not get rich by association.” This holds true when you do not learn from the wealthy people you associate with. The essence of associating with progressive individuals is to position yourself for the push and the desire to excel just as your peers.

4. Take action. 

Get into a group of big thinkers. The community and environment you are in will make a significant impact on your mindset. Gain access to a mastermind that thinks and lives abundantly, even if you don’t agree with them. We’ve already established, your agreements don’t work. Your agreements gave you poverty mindset. Go spend time with big thinkers.

Next, I want you to invest in yourself. This means paying for knowledge and certainty. You must take courses that will provide you with better information. If you’re afraid, you must do it. That’s the rule. When you’re in poverty mindset, fear is an indicator that you must do something. That needs to be your operating basis.

SEE YOU AT THE TOP!

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Culled from: Medium.