Ian Ugarte explains the concept of a "scarcity mentality": the fear that competitors, investors, or others will take your market or deals. He contrasts scarcity with an abundance mindset, illustrates with his Hi Rez Bikecoming education product (others copying or accusing him), and distinguishes legitimate business ethics/integrity from scarcity-driven behavior. He advises against speaking ill of competitors and links scarcity to reduced opportunities both in business and spiritually.
Chapters
You ever concerned that someone will come in and steal your market or steal your deal, or be worried that there's too many investors around? That's what we call scarcity.
So many people operate from the basis of scarcity and you really shouldn't. There's enough abundance if you want to be spiritual around what's available to everyone. And let's take an example of what we've done in hi Rez bikecoming.
We produced a product, an education program that's based on teaching people high yield returns out of property. And there's been quite a few people that have either tried to emulate what we do or have accused me of stealing their stuff, which is coming from scarcity. That's not true.
And some people might think sometimes that I work with scarcity when I send a message and go, hey, I'm not completely comfortable with you doing this. And that's actually not from scarcity, that's actually from business ethics and integrity. But people operate from scarcity when they start trying to stop their marketplace or they concentrate on their competitors about how they do this and they do that. And I'm very firm in business about never saying anything bad about a competitor. I know that a lot of people in my industry work with low integrity morals. I don't have to say anything about it. They'll show themselves up pretty quickly. And so if you operate from scarcity, you actually can become scarce in what comes forward for you. And on a spiritual level, that means that you won't get everything that you dream of.
When it comes to money, we're very.
Grateful for our position and how we've got to this place. And every time I have the opportunity, when I'm out, I pay for people's meals, I buy people food on the streets. And the reason I do that is because that money has come to me and I'm not the owner of that money. I'm simply the person that holds it for now. And by giving it out, more comes in. And I know it might sound a little bit spiritual around that, but ultimately working from scarcity means that the stuff that you will have, you'll keep and you'll want to try and keep and you want to try and grab everyone else's and that'll mean that you'll end up with nothing. Don't work from scarcity. Scarcity is the worst thing that you could do if you want to get more.
