Scarcity vs Abundance Mentality

I saved this blog post from First Round Capital to my phone a few months ago, and only just got around to reading it on a flight earlier this week.

It ended up being one of the more insightful blog posts I’ve read in a while. Really uplifting and positive: The Remarkable Advantage of Abundant Thinking (First Round Capital)

Early in her work with a client, Verresen will give them a scarcity vs. abundant thinking diagnostic. The goal is to separate out and identify the physiology, feelings and thoughts they experience when they’re in a scarcity-driven mindset vs. what they experience when they’re thinking abundantly. This helps them truly feel the distinction and notice the tipping point between these two modes in their everyday lives. That way, they can proactively choose a more constructive attitude.

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“He gets to have a dream without the necessity of achieving it.”

Beautiful. via Humans of New York:

PHOTO: "He gets to have his dream without the necessity of achieving it"

I think my grandfather may have the correct approach to art.

He’s had a long career, and in his retirement he’s been working on building a boat. I doubt he’ll ever finish it, but I don’t think that’s particularly important to him.

He wakes up every morning, drinks his cup of coffee, then goes out to his workshop to sand a tiny portion of wood. He doesn’t need to finish that boat to pay the rent. He can afford to have some distance from it, so he gets to enjoy it. He looks at that boat tenderly, like he looks at his grandkids.

He gets to have a dream without the necessity of achieving it.

Gosh, that makes you think…

Life as a balancing act.

From “Suzanne’s Diary for Nicholas” by James Patterson:

Imagine life is a game in which you are juggling five balls. The balls are called work, family, health, friends, and integrity. And you’re keeping all of them in the air.

But one day, you finally come to understand that work is a rubber ball. If you drop it, it will bounce back.

The other four balls – family, health, friends, integrity – are made of glass. If you drop one of these, it will be irrevocably scuffed, nicked, perhaps even shattered.

Goals vs. Promises

I’ve been enjoying listening to a bunch of different podcasts outside my normal wheelhouse lately.

Still on business topics, mostly, but on a variety of different ones I haven’t learned as much about in the past – real estate wholesaling & investing, stock market investing, private equity, e-commerce, private labeling, etc…

It’s interesting to learn about the different types of businesses, and really insightful to see where the common themes lay across the different models.

There’s plenty to explore there (plenty of content for future posts…) but today I just felt like quickly sharing an interesting thought from one of the shows – the Invested: Rule #1 Podcast by father/daughter duo Phil and Danielle Town.

This really tickled my brain. Continue reading…

Why we’re building CrewFire.

I always love hearing about why other folks are in business, so I thought it’d be fun to share a quick thought on why we’re building CrewFire.

A couple days ago, I stumbled across this interview with Sebastian Solano, one of the Co-Founders of the Life In Color music festival, after his recent promotion to head of Made Event (Electric Zoo) and ID&T North America (TomorrowWorld, Sensation, etc…)

This quote struck me: Continue reading…