I’m Dr. Hassan, a Board-Certified Physiatrist and Independent Practice Owner. I help physiatrists start and grow their own profitable practices so they can achieve financial independence and live without limits.
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One very important step before starting your profitable independent practice is to ask yourself: Do you have an abundance or a scarcity mindset? How you view the world can affect the opportunities you see, your expectations, and, ultimately, your results.
You can choose to see the world as a place of abundance or a place of scarcity. One is certainly more optimistic than the other. Your view of the world is very different if you choose one over the other. An abundance mindset is helpful, positive, and expects the best. It is also more altruistic, since you believe that you’ll receive what you need. It frees you up to do more for others. A scarcity mindset, on the other hand, leads to negativity and selfishness. You feel the need to look out for yourself even at the expense of others. Viewing the world from a position of abundance has several positive effects on your life:
1. An abundance mindset believes that there is plenty to go around. You believe there is plenty of money in the world, plenty of potential partners, and plenty of opportunities in general. A scarcity mindset believes there’s a limited supply of everything and that someone else miss those in order for you to win.
2. Life is easier with an abundance mindset. You believe that anything is possible. With that attitude, you’re willing to try and you expect things will eventually go your way. If you have a scarcity mindset, you believe that life is difficult. You see success as being harder than it really is. You expect the worst and might convince yourself that it’s pointless to even try. It’s much more challenging to be successful with a scarcity mindset.
3. Opportunities are easier to see when you expect to find them. An abundance mindset makes opportunities more visible. Seek and ye shall find. Your expectations are often met in life. If you believe opportunities are scarce, you’ll struggle to find them. This is true, even if they’re right in front of your face.
4. You take more risks when in abundance mindset is in place. You believe the likelihood of success is greater, so you take more risks. The more you risk, the more you stand to gain. You’ll also potentially all have more to lose, but that’s part of the game. Those that are bold tend to outperform those that are timid. You’re more likely to play it safe if you view the world from a position of scarcity. You’re more afraid of losing what you have since you believe it will be difficult to get it back.
5. Those with an abundance mindset are more relaxed. When you believe the world has everything you need, you can relax and enjoy life. You view the possibilities as endless. Your overall viewpoint of your life is more positive. A scarcity mindset results in fear and pessimism. You believe you have to fight the world to get what you want and need. You have to protect what you have from loss. Your life is viewed negatively.
Do you think your view of the world is one of abundance or scarcity? If you hold a scarcity mindset, it’s worth trying another viewpoint on for size. One of the best ways to start viewing the world with abundance is to give more. You can give money, your time, or you can give away a few of your possessions. Giving will enforce the idea that there is always enough to go around. Abundance will flow into your life if you allow it. After holding an abundance mindset for a few months, contrast that with your previous experience with scarcity. Choose the one that works for you.
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I am Dr. Hassan, Board-Certified Physiatrist and Independent Practice Owner. I help physiatrists start and grow their own independent practice so that they can achieve financial independence and live without limits. Please go to businessofrehab.com/guide to pick up the free guide to help you determine the best business entity for your new practice.
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Now that you’ve read about the positive effects of having an abundance mindset, check out our blog here on how to develop that positive mindset.
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Attention, Physiatrists! Stop leaving money on the table. Sign up for the free video series: How To Build A Profitable Practice in 90 Days or Less: http://www.sixtytosuccess.com
