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July 17, 2023 24 mins

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Are you living under the dark cloud of a scarcity mindset? Is the crippling fear of loss and lack hindering your personal and professional growth? Break free from your self-imposed mental chains in this episode of the Smart, Wealthy Stylist Podcast. I, Emily Cardin, will guide you through a journey of self-discovery as we dissect the abundance versus scarcity mindsets. Unearth the characteristics of both mentalities, identify where you stand, and begin the transformation towards a life of positivity and abundance.

Shift from victim to victor as we delve deeper into the crippling limitations of a scarcity mindset—frustration, anxiety, and fear—and the empowering opportunities that an abundance mindset can bring. The role of self-awareness in this journey cannot be overstated. It's time to take charge, challenge negative thoughts, and embrace positivity and satisfaction. Remember, you are a smart, wealthy stylist, and you have the power to shape your mindset and, in turn, your life. So, don't miss out on this opportunity to revolutionize your mindset and transform your life!

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Episode Transcript

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Speaker 1 (00:04):
Welcome to the smart, wealthy stylist podcast.
I'm your host, emily Cardin.
Over here.
We're dedicated to helpinghairstylists manage their
finances, stay organized,healthy and manage their time
and mental well-being.
We focus on staying healthy inall areas of life and maximizing
productivity.
If you're a hairstylist lookingfor these things, then this is

(00:25):
the podcast for you.
Together, we'll avoid burnoutand step into being the smartest
, wealthiest stylist that we canbe.
Good morning and welcome backto the smart, wealthy stylist
podcast.
Today's episode is called thepower of positivity.
So having a positive mindsetcan change the whole path of

(00:49):
your life, your business, howyou deal with clients and how
you handle coworkers.
In today's episode, we're goingto go over the abundance versus
scarcity mindset and how toshift into an abundance mindset,
as well as the physical andmental effects of a positive
mindset.

(01:10):
When you think positive, thingsmove in the direction that you
want them to go.
Opportunities arise that youprobably wouldn't have even seen
if you were stuck in a negativemindset.
So let's get started with theabundance versus scarcity
mindset.

(01:30):
This is a concept that Iabsolutely love because it
embodies who you are as a person, your characteristics and the
way that you think.
Then you can unpack that andrecognize if you are living in
abundance or if you're living inscarcity and then adjust, find

(01:54):
the things that can help shiftyou into an abundance mindset
and shift you into that positivethinking that will just affect
your entire life on how you viewsituations, how you view
opportunities, how you handleconfrontation.
It's just really a powerfultool.

(02:17):
And when awareness is the veryfirst key, knowing that you are
in an abundance mindset or ascarcity mindset once you have
awareness, then you can adjust.
So first let's go over theattributes of someone who has an
abundance mindset.
This is someone who keeps it todo list or project list.

(02:42):
They embrace change, they exudejoy, they share information
that they have, they talk aboutideas, they read every day, they
give other people credit fortheir victories, they have a
sense of gratitude, theycompliment, they forgive others,
they accept responsibility fortheir failures, they keep a
journal, they want others tosucceed, they set goals and

(03:04):
develop life plans.
They continuously learn andthey operate from a
transformational perspective.
So when I read off thoseattributes, you think you know
they are happy.
Most of the time they're.
You know I like that.
It says they're willing toaccept their failures.
You know that it's a.

(03:25):
It's a person that is sayingyou know, yes, I did this, I
totally own it.
Now let's change it.
You know, having thattransformational perspective,
knowing that, okay, so this isthe you know mistake that I've
made.
Instead of just laying down inthat and you know, identifying
as your failure, you choose torise above it and identify with

(03:49):
the solution.
So a scarcity mindset is youexude anger, you hoard
information and data.
You talk bad about people, flyby the seat of your pants.
You fear change, watch TV everyday, take all the credit for
your own victory, have a senseof entitlement.

(04:09):
You criticize people, you holda grudge, you blame others for
their failures and your failures.
You say you keep a journal, butyou really don't.
They think they know it all.
They operate from atransactional perspective,
secretly hope others fail.
They don't know what they wantto be and they never set goals.

(04:33):
And I have to say there areseveral times in my life where I
definitely related with thescarcity mindset.
Before this whole journey tookplace, I really did feel like I
Was afraid.
I flew by the seat of my pants.
I've always been a positiveperson.
I've always wanted to buildothers up.

(04:54):
You know, there are some thingsthat I Definitely was in the
abundance mindset.
I've always been kind and triedto build others up instead of.
You know, I'm just not anegative person, but I
Definitely had a lot of thingson the scarcity mindset side.
And you know, if you arelistening to this and you hear

(05:16):
me read those scarcity mindsetthings and you're like I'm
literally all of those, I'm sucha bad person, don't even go
there, because this episode isabout Abundance mindset and the
power of positivity.
So Okay, so you, you recognizeyourself as the scarcity mindset
.
What now?
So I want to give some moreexamples of you know the

(05:41):
scarcity mindset and likepessimistic thinking and like
certain situations, because youknow, when I read those off,
maybe you're not necessarilyidentifying with that, but I
still want to just Dig that up.
If you do have that lurking inyou, that way you have awareness
and you can move past it.

(06:04):
So the first one is theyconsider the limitations of a
situation.
They lead with a victimmentality.
They spend their mental energyon what's lacking in their life.
They feel frustrated, powerless, anxious, angry and fearful.
Their negative mind, theirnegative attitude, demotivates
others and drains their energies.

(06:25):
They refuse to collaborate orshare credit with others.
They think small, oftenavoiding risk.
Find it hard to trust others,defulting to suspicion.
Act as a taker, expecting morefrom others.
Establish their sense ofself-worth by comparing
themselves to others and Thenthem.
Abundance mindset is optimisticthinking.

(06:47):
So some examples of those areconsiders the opportunities in a
situation.
Leads with control by takingresponsibility.
Spends their mental energy onnew possibilities.
Feels empowered and engaged.
Their positive attitudeinspires and energizes others to
perform well.
They collaborate well withothers by sharing knowledge and

(07:10):
success.
They think big, often embracingrisk.
Lead with trust by focusing onrelationships.
Act as a giver, contributing toothers well-being.
And Establish their sense ofself-worth by comparing
themselves to their best self.
So you can see the starkcontrast between the two.
I Feel like scarcity mindset isjust operating from lack.

(07:33):
You know you're.
You're trying to take as muchas you can get because you're a
victim or you're feeling withoutand, and that's okay as long as
you're realizing that whatyou're doing is causing yourself
harm and then that you canchange.
Just by simply changing yourmindset and shifting into more

(07:54):
of an abundance mindset, youreduce drama in your life, you
speak positivity into your life,you can see new opportunities
that you wouldn't have seenbefore.
You have better relationships.
I mean, there's so many thingsthat you can benefit from just
by shifting your mindset into apositive mindset.
So, okay, you're realizing that.

(08:16):
You know, maybe you're a mix ofboth.
So, like, what's the next step?
Once you're realizing thiswhole mindset thing, what do you
do next?
The very first one would be todevelop your self-awareness.
When you become self-aware,it's like moving from a
passenger seat into the driverseat.

(08:37):
It's an empowering feeling.
You have the power to push thegas or hit the brakes and You're
the one that knows where you'regoing.
You can say, okay, I Claim that.
You know I have been negativein the past.
I am struggling with thisscarcity mindset, but I'm going
to change that.

(08:57):
I'm gonna get in the driverseat and I'm going to drive to
the abundance mindset.
Yes, it's a journey, but youcan do it.
It will impact every singlearea of your life your
relationships, your finances,your career opportunities.
I Will tell you like, for me,you know, when I was operating

(09:19):
more out of a scarcity mindset,I was afraid to raise my prices.
You know, I Just never thoughtanything would change, like I
was stuck in this place of well,this is it.
You know, this is this is mylife.
Whenever I had my you know, mybig come to Jesus moment, it

(09:40):
expanded my Opportunity, it mademe get uncomfortable and the
first step was that I said to myhusband you know, I have this
debt, I accept forresponsibility for this.
And you know, because of hisreaction, because he doesn't
operate out of a scarcitymindset he said, okay, that, you
know, I forgive you, life'sgood so, but you have to fix it.

(10:04):
So by him saying, you know,okay, that's fine, but you have
to fix it, that triggeredsomething in my brain to say,
okay, I'm still accepted, I'mloved here, let's change this.
So I expanded my mind andeducation.
I started reading and teachingmyself and Learning how I could

(10:25):
get out of this debt quicker.
And one thing led to another.
And then here we are withSmartWolthys stylist.
You know this was.
It was almost a year ago and itwas in September that I went to
my Christian women's retreatand Just totally felt convicted
by God to tell my husband, youknow about some of the stuff
that I had and stuff, and If youhaven't heard the episode, go
back to get to know me and Iexplain all of this how I came

(10:47):
to this.
So, anyway, because I acceptedmy faith I was not a Christian
woman anyway.
Because I accepted my failureand Stepped into Okay, I forgive
myself, I can move past this.
What's the next step?
It led to expansiveness.
It led to a whole new company.

(11:09):
It led to me creating a podcast.
It led to me creating, you know, online courses for women and
men who are, you know, in debt,struggling as a hairstylist and
just feeling like there's nohope.
That would have never happenedif I did not own my failure and
say, okay, this is what I did.

(11:30):
What do I do now?
I moved out of that scarcitymindset into an abundance
mindset.
The second one is create a dailygratitude practice.
If you can't be grateful forwhat you have right now, you
will never be grateful for whatyou'll have later.
By being grateful and beingintentional about that, it

(11:56):
shifts your perspective intowhat you're lacking, or from
what you're lacking into whatyou have.
It's such a powerful experiencebecause there's, with social
media and just the world that welive in right now, there's so
many opportunities for us tohave that lacking mindset and to

(12:20):
think, oh you know, if I justhad a better salon to work in,
or if I had a nicer house, or ifI had a better phone, or if I
went on more vacations or youknow and like, with my kids and
family and all that you know.
I saw a video of a little oldlady and she was talking about,
you know, it was the last stageof her life where she kept
waiting for the what ifs or wins.

(12:41):
And she was talking about, how,you know, I can't wait till my
kids are potty trained.
I can't wait till they're oldenough to go on vacation.
I can't wait until, you know,and all those seasons in her
life were over.
And she was encouraging peopleto Be grateful in that exact
moment, right where you're atquit, waiting for the wins and
the what ifs.

(13:02):
Be present in the moment and bethankful for that moment.
And that is such a powerfulthing to say.
You know, I'm thankful for myfamily, I'm thankful that my
little guy is still in diapers,it's fine.
I am happy in this home, I amhappy in this place in my life.

(13:22):
You know, being intentionalevery single day and writing
something down that you aregrateful for is a powerful thing
, and when you are focusing ongratitude, ungratefulness cannot
come in your mind.
The next one is managing yournarrative.
Negative self-talk murders yourconfidence and totally destroys

(13:46):
your ability to believe inyourself.
Avoid thinking about people,places and things that do not
serve you.
So anytime I feel a negativefeeling come up in my chest or
in my brain, you know I'll feelthat like kind of negative
situation or something.

(14:06):
I just breathe through.
That I take a deep breath inand breathe out and I replace it
with a positive thought.
Whether it's trauma, whetherit's a bad situation that
happened, whatever it is, youcan adjust to that and shift
your mindset.
Think of a situation that is asituation that you loved, a

(14:29):
happy situation, somethingyou're grateful for, just
shifting your perspective fromthat negative thought, negative
situation, and shift it to apositive one, and this can also
pertain to fear.
So if you're afraid of action,whatever it is that you're
afraid of, instead of focusingon the worst thing that could
happen, shift your thought towhat's the best thing that could

(14:52):
happen.
Nine times out of 10, fear is anillusion, it is not reality,
and one of the best ways tocombat fear is to run straight
at it.
Whatever you're afraid of, runstraight for it and do that
exact thing, because that'swhere you're going to find your
most, most growth.
So if you're afraid of raisingyour prices, run out ahead on.

(15:17):
Do what you need to do, becausefear is an illusion and fear is
what keeps you captive.
Fear is what keeps you stagnant.
You will never grow if youcontinually give in to fear.
So I know it's hard, because Ihave dealt with the exact same
thing and it is so much easierto just say I'll do it later.

(15:39):
You know, I'm I'm just notgoing to do that Like.
But what if I lose everyone?
What if?
What if this, what if that?
Well, what if you don't?
What if you double your income?
What if you triple your income?
What if you can get out of debtfive years sooner?
What if you become, you know,the top educator in your state?

(16:01):
You know, whatever it is thatyou are fearing, run head on for
it and expect the best.
Instead of thinking about whatyou're afraid of, think about
the possibilities that couldhappen.
Shifting that scarcity mindsetinto an abundance mindset is
such a powerful thing and youcan accomplish anything that you

(16:21):
want to do, as long as you'rethinking positively and running
head on at that fear.
Another point is surroundingyourself with people who have an
abundance mindset.
If you spend your time withappreciative people, you will
find more opportunities toappreciate, and when you are
surrounding yourself with abunch of people who have a

(16:43):
scarcity mindset, you will findyourself dragging yourself right
down with them.
So a lot of times, justchanging your circle and
changing who that you associatewith can make a huge impact on
your life.
Finding the right crowd andpeople who are building each

(17:03):
other up, sharing information,sharing growth strategies,
sharing ways to educate likethose are the people that you
want to be in with Whenever youare sharing information, being
kind, building one another up,not gossiping about each other.
If you're talking about anotherperson, it should only be good
things coming out of your mouth.

(17:24):
You've got to stop the negativebackbiting, backstabbing,
negativity.
All that's going to do is makeyou feel worse, like I know that
a lot of people do that andthen they feel like there's
camaraderie among them.
But I want to remind you thatif you're talking bad about
people with other people,chances are when they're not

(17:44):
with you, they're talking badabout you.
So by finding the right peopleand surrounding yourself with
them and finding a positivegroup, that is where you're
going to find future alliancesand business, that's where
you're going to find inspirationand that's where you're going
to find people who will alwaysbe there to support you and lift

(18:06):
you up.
And that also leads into thisnext one creating a win-win
situation.
So by that I mean win-winsituations.
You can find this method ofthought, find ways for both
sides to walk away with a senseof accomplishment and positive
feelings about a situation orconversation.
So if you do have to have aconfrontation with someone,

(18:30):
confrontation doesn't alwayshave to be bad.
So if you have to have aconversation with a colleague,
before you go in to thisconversation with them, you know
, think of ways that both of youcould win.
Don't just think from a selfishperspective like, oh my gosh,
she's always late, she drives mecrazy, I'm just going to fire

(18:52):
her.
Clients are waiting on her,she's 30 minutes, you know.
Don't go in with that kind ofmindset.
Go in thinking okay, if I canget her to come in 10 minutes
early before client appointmentsstart, I'm going to give her an
incentive.
We both win if XYZ.
So by creating situationsaround confrontation where both

(19:15):
sides win, it creates a positiveinteraction, it creates
positive work environments andit's just shifting both of you
into that abundance mindset.
And the last one I would say is,when it comes to comparison, I
want you to compare yourselfwith only your best self.

(19:37):
Don't compare yourself withother people, because they have
different Uprings, they havedifferent ways of life, they
have a different story, theyhave a different job, they have
a different Atmosphere, theyhave a different community.
You can't compare yourself withother people.
I want you to only compareyourself to your best self

(19:58):
Because in that aspect, you knowwhat you're capable of and you
know that you can push past that, that you can be better.
You know, and it's morerealistic, it's freeing knowing
that you are in control of howgood you can be, because you
know your story and when youshoot for the best that you're

(20:20):
capable of and pushing past thatonly leads to growth,
positivity and Excitementlooking towards the future.
So I want to encourage youtoday to really dig deep.
I Want you to write downscarcity and abundance at the
top of a piece of paper.

(20:42):
Go back to the beginning of thisepisode, listen to some of the
characteristics of a scarcitymindset versus an abundance
mindset and Write down the onesthat you are in each column and
then, whenever you're self-awareof Each of those columns, you
can then adjust.
You can say, okay, well, youknow I've been keeping this

(21:05):
information quiet, I'm notsharing my education with anyone
else and you know this is ahuge opportunity that I'm
missing out on.
Like you could create an onlinecourse.
You could start educatingstylists on this thing that you
love and you've created and makemassive passive income off of

(21:25):
it.
Or, you know, maybe you are theGossiper in your salon, maybe
you're the one that causes allthe problems by recognizing and
owning it and saying, yes, I amthis person, I have made these
decisions, I own it, let's movepast it.
That's where you're gonna findTrue growth and abundance.

(21:49):
Whenever you recognize it, youown it and then you change it.
You know, if you're strugglingwith fear, write that down and
Whatever you're fearing you know, write down the worst outcomes
and the best outcomes and thenrun at it Change whatever you're
fearing.
I want you to move straight atit and conquer it, because fear

(22:10):
is an illusion and whateverYou're fearing, you can overcome
by doing this exercise andwriting down the scarcity
mindset things.
You know this can be anuncomfortable thing, but I
really want to encourage you todo it so that you can really
move past Whatever you'restruggling with and move into
that abundance mindset.

(22:30):
I want you to grow, I want youto create, I want you to be
happy.
I want you to truly find thatpositivity and Be proud of
yourself, be happy for yourself,create that most wonderful work
environment for you and thepeople in your salon you know,
create those products andeducation.
And and maybe maybe you don'twant to create anything, maybe

(22:53):
you're just very happy whereyou're at and you just want to
find peace.
Maybe you just want to do hair,go home and enjoy your family.
That is awesome.
Whatever it is that you'rewanting to do, work through it,
find the root causes of thethorns in your side and Shift
them into a positive thing.

(23:13):
The power positivity canabsolutely change your life and
change every aspect of whatyou're doing.
So I want you to try today Toshift into an abundance mindset.
Let me know if you do do thisexercise.
I would love to see what youcome up with and I will talk to
you guys next week.

(23:34):
Thank you for listening intoday.
If you have a burning questionor a topic you want me to cover,
leave a review and ask thequestion in the review.
This is the best way to getyour questions answered.
Just remember, you are a smart,wealthy stylist and you are
capable of anything you set yourmind to.
I'll catch you later.
Don't be a stranger.
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