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Seven Steps to Move From Scarcity to Plenty

Why do some doctors thrive while others struggle?

For years I have observed that doctors who thrive are different – not just operationally, logistically, clinically, or in other professional areas. They think differently. They talk differently. They are different.

What is the difference? They all possess what I call an “Abundance Mindset.” Although it may not sound like a tangible difference, I have seen this mindset proven over and over in all types of dental practices throughout the United States.

Are you open to changing your thinking? If you want to thrive as a doctor, I would highly recommend it. Moving from a scarcity mindset, to an abundant mindset will dramatically shift your life and practice. Abundance says there is more than enough money, love, forgiveness and other things for everyone. It believes in increasing the pie for all. Scarcity says there is a limited and fixed amount. Therefore, when I “get mine,” others will not “get theirs.”

How do you acquire an Abundant Mindset? Implement the seven steps below and see if abundance arrives more often in your life and practice.

1. Change your Thinking

If abundance is not overflowing in your life and practice, you need to recognize right now that you need to change your thinking. You can decide right now to move to abundant thinking. One “aha” moment followed by a simple decision can forever change your thinking.

A shift to abundant thinking is much like flying through rough air until you reach smooth air. Once you break through, it’s smooth sailing. After 26 years of watching some doctors thrive and other doctors struggle, it’s incredibly frustrating to watch doctors hang on to a scarcity mindset and refuse to change their thinking to abundance.

Choose abundant thinking right now.

2. Change Your Social Network

If you are involved in a network of friends and colleagues that does not embrace change and does not share an abundance mentality, you need to begin spending more time with people who pull you toward abundance.

When you decide to break away from an old mentality, there may be initial resistance until you break through to abundance. Sometimes your family can hold you back if you grew up poor or in debt. They expect you to remain in that situation. Sometimes friends or colleagues who are content with scarcity can restrain you.

You may also have to change some of your dental team. Your entire team must totally support and buy in to an abundance mentality. An entire team sold on and pursuing abundance leads to a thriving practice.

3. Change your Habits

Significant change in thinking or actions begins with a change of habits. A habit is something we do auto-consciously. We don’t have to think about it and we are usually unaware that we’re even doing it.

All lasting change requires a change of habit. Whether you want to lose weight, make more money, get in shape, fix your marriage, or develop an abundant mindset – it usually requires at least ninety days to anchor a new habit.

I am a big believer in setting goals, timelines and strategies; but if you do not change your habits, you will not see long-term change. Because a change of habit requires focus and energy, I always recommend you begin with one or two habits, not ten. You can make a goal list to change many habits, but start with one or two until your new habits are firmly anchored. Then move on to the next habit.

Choose the most influential habit first. For example, if you are a pessimistic thinker, change that one habit and it will immediately impact other unhelpful habits.

4. Walk In Integrity

Integrity is simply behaving in private the same as you would behave in public – being the same person in private as you are in public. Integrity is always doing the right thing.

You will only gain abundance when you walk in integrity and you’ll always begin to have integrity when you walk in abundance. If you have abundance – more than enough, you make choices based on integrity. When you’re desperate for abundance but have a scarcity mindset, you may be willing to make decisions and choices that compromise your integrity. Those who believe in scarcity tend to push the edges of integrity to “get theirs.”

Consider this example. If you had one billion dollars, would you consider crossing the line of integrity? You would probably make decisions based on your fixed moral compass because you do not feel like you “need” to push the edges to get more.

A wise friend once shared with me the following nugget; “What you compromise to keep, eventually you will lose.”

5. Be Ready for Abundance

Powerball winners are usually bankrupt within five years. Why? They were not ready for abundance. The amount of abundance is not important, but we must be ready or we will squander our opportunity.

Are you ready to “accept” abundance when it arrives? Much like a fisherman who prepares his net to receive a great catch of fish, you must be ready to receive. What would you do if next year you had an extra two million dollars? Ten million dollars?

Maybe you have bought into an abundance mindset and you are beginning to tell everyone “we’re getting ready to double our practice.” Make sure your team is ready for abundance. Your most significant challenge will be coaching your staff through it. They all must be coachable and fully onboard or you may need to change team members.

6. Always Forgive…it Releases Abundance

Unforgiveness wants justice. But if we seek justice for others, we must accept justice for ourselves. It sets up a quid-pro-quo arrangement. You take from me, I’ll take from you.

Abundance, on the other hand, is like grace in that we get more than we deserve and better than we deserve. If we offer forgiveness abundantly, we receive forgiveness abundantly. Forgiveness releases you and releases abundance. And…we begin to see the same reflected in every area of our lives. Forgiveness brings personal freedom and opens the doors and windows for abundance to enter your personal and professional life.

If you need nothing, forgiveness is easy. Consider the daughter of the richest man in the world. If a thief stole her car, she would simply forgive and ask her father for another car without any necessity to hold a grudge.

Forgiveness gives. Unforgiveness takes. Become a giving machine.

7. Always Believe the Best

Satchel Page was an incredible baseball player who fought racism with a positive smile and a powerful pitching arm. He always believed the best no matter what the situation because he realized there was nothing gained in believing anything less than the best.

He is famous for the saying, “Work like you don’t need the money, love like you’ve never been hurt, dance like nobody’s watching.” Optimism flowed from him, as he loved his work and life. At the end of his last game, when asked about retirement, he smiled and said, “I never had a job.”

One day, Satchel was called upon to pitch against a team in which all the best minor league hitters were assembled together for the sole purpose of embarrassing him. Satchel told his outfielders and infielders to sit down as he started to pitch. One by one he struck out these great hitters. He did not complain about the team stacking the deck against him, but believed the best and rose to the challenge.

Always believe the best. Doctors with an abundance mindset always believe they will thrive personally and professionally.

Abundance is Knocking at the Door

Change your mindset today. Abundance is knocking on your door, but you need to decide to open the door and welcome it in to your life and practice.

Go for it!

Your Thoughts

What are you doing in your personal and professional life to move from scarcity to plenty? Please share in a comment below.

Reader Comments

  1. Darren Chu D.D.S. February 27th

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    Here is what Henry Ford once said and I truly believe this; Quality is doing the right thing when nobody is looking. This saying keeps motivated when I’m at the office after hours doing all those little things to keep the office running more smoothly.


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