19min chapter

No Stupid Questions cover image

145. Do You Have a Scarcity Mindset or an Abundance Mindset?

No Stupid Questions

CHAPTER

Mindsets of Scarcity and Abundance

This chapter explores the contrasts between scarcity and abundance mindsets and their implications on decision-making and corporate culture. It delves into behavioral economics research, highlighting how real scarcity affects choices while contrasting it with the psychological perspective of mindsets. The discussion uses Microsoft’s leadership transformation as a case study to illustrate how adopting an abundance mentality can foster collaboration and optimize growth.

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