EP137: Breaking Through Scarcity Mindset: 3 Mental Frames to Adopt

Being an entrepreneur is frequently a lonely profession. Many businesses can relate to the mental burden that comes with being in such a remote location. However, things don't have to be like this. Creating a strong community can help to reduce loneliness and offer the companionship and support that we all require.

In this episode, we talk about:

• Understanding Three Mental Frames
• The first mental frame is the "Cool Kid Framework" where contractors shift from seeing themselves as employees to being the cool kid who attracts clients
• The second mental frame is scarcity mindset vs. abundance mindset, where scarcity mindset limits growth and abundance mindset opens up possibilities
• Loss aversion is the third mental frame, where people fear losing more than gaining, and it can be used to understand client behavior
• Surround yourself with the right community.

Links to Resources:

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