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Episode 881 · Nov 24, 2023

How to Use Gratitude to Overcome a Scarcity Mindset

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Most people want more abundance, more prosperity, and more freedom in their lives. Yet without realizing it, many of them are operating from a mindset that blocks those very things. In this episode of The Daily Mastermind, George Wright III breaks down how scarcity thinking quietly undermines your success and shares a practical, proven strategy to shift your mindset starting today.

Are You Living from Scarcity Without Knowing It?

George opens with a direct challenge: do you believe there is enough abundance in the world for you? Do you feel like there are solutions around you, or does every situation seem like a new problem to survive? These are not trivial questions. They reveal the hidden operating system running your life.

Scarcity is not always obvious. It shows up as thoughts like "there's not enough time," "I never catch a break," or "there's not enough money at the end of the month." Your brain is biologically wired to protect you from danger, which means it constantly scans for threats. That survival mechanism becomes a trap when it convinces you the world has nothing to offer.

You must pay the price if you wish to secure the blessing.

That price includes the willingness to examine your own thinking and make a deliberate shift.

Why You Cannot Build Prosperity from Scarcity

George is direct on this point: you cannot create success and prosperity without an attitude of abundance. Scarcity attracts more scarcity. Abundance attracts abundance. This is not a platitude; it is a principle. If your default reaction to every challenge is fear, shrinking, or assuming the worst, you close yourself off to opportunities that are genuinely available to you.

Even well-intentioned thinking can be scarcity in disguise. George gives the example of hearing economic warnings and responding with "I'm going to do whatever it takes to plan for the worst." That sounds positive, but it is still rooted in scarcity. The abundant response is: "Despite the circumstances, I'm going to create the best version of my life. I'm going to find opportunity in circumstances."

The Difference Between Faith and Belief

One of the most useful distinctions in this episode is between faith and belief. Belief, George explains, is built from experience. When you take positive action and it produces a result, that result reinforces a new belief. But what do you do before you have those results? That is where faith comes in.

Just because you can't see something doesn't mean it's not there.

George illustrates this with rock climbing. Sometimes you cannot see the next foothold. You have to trust someone above you who says, "I can see it; just reach up." Faith works the same way. You choose it before you have proof. You decide that there is enough for you, that good things are coming, and that you have the capacity to reach them. That decision then drives you to take action, and action produces the results that build belief over time.

Faith is not wishful thinking. It is a deliberate choice that unlocks movement.

How Affirmations Reset Your Subconscious Mind

Once you understand the role of faith, you can use affirmations to begin programming a new baseline. George's core affirmation for this principle is: "I create an attitude of abundance." Not "I hope for abundance" or "I want abundance." The active language matters.

Your subconscious mind does not require that you already believe something fully. When you repeat an affirmation consistently, you begin to rewire how your brain responds to daily situations. You start preparing your automatic response in advance, so that when challenges arise, your first instinct is to look for opportunity rather than retreat into scarcity.

Gratitude as Your Daily Secret Weapon

The most actionable strategy George shares is gratitude. Not as a vague concept, but as a specific daily practice with measurable impact on your mindset.

The assignment is simple: write down at least 10 things you are grateful for. Not just think about them; write them down. If you struggle to list 10, that itself is a signal that the practice is exactly what you need. The items can be simple: health, relationships, past obstacles you have overcome, your capacity to keep going. When you focus on what you have and what has worked, your mind naturally shifts from scarcity toward abundance.

George points out that gratitude and negative emotion are very difficult to hold simultaneously. Anxiety, depression, and fear all loosen their grip when you are genuinely focused on what is good in your life. That is why gratitude is not just a feel-good exercise; it is a cognitive interrupt that breaks the scarcity cycle in real time.

Gratitude is going to be your new secret weapon in your daily routine for creating abundance and prosperity in your life.

Do this in the morning for the greatest effect. Starting your day in an abundant, grateful state carries that energy into everything you do.

Action Steps

  • Write down at least 10 things you are grateful for each morning, every day this week.
  • Notice when your thoughts default to scarcity ("not enough time," "it won't work out") and replace them with an abundant reframe.
  • Repeat the affirmation "I create an attitude of abundance" out loud daily, even before you fully believe it.
  • Recall a difficult situation you have already survived and use it as evidence that you can overcome what is ahead.
  • Choose faith intentionally: make the decision that good outcomes are available to you, regardless of current circumstances.

Abundance is not a reward reserved for a lucky few. It is a mindset you build through consistent practice. It is never too late to start living the life you were meant to live, and gratitude is one of the most direct paths to get there.

READ THE FULL TRANSCRIPT

Welcome back to The Daily Mastermind, George Wright III. I am your host. I'm glad you're here to join me this morning. And I hope you, if this is your first time listening, I hope you like and subscribe the podcast because I want to basically be here for you to give you your daily dose of inspiration, motivation, and education. And today I want to talk to you about one of our core prosperity principles. And this is the idea of creating an attitude of abundance. But before I do, let me give you the quote of the day. The quote of the day is, you must pay the price if you wish to secure the blessing. You must pay the price if you wish to secure the blessing. Of course, there's always a cost towards creating the best life that you possibly can, and that's operating outside your comfort zone. It's definitely doing things that you aren't going to necessarily like, but it's for the benefit of creating your best life and the best version of yourself. So let me ask you a couple of critical questions. Do you want more abundance in your life? Do you want more prosperity in your life? Do you feel like you have abundance in your life already? I mean, do you believe that there is abundance all around you? The reason I ask you these questions is because many of us operate from a place of scarcity. And you may not realize it. You may not even understand it. But you definitely cannot create success and abundance when you operate from a place of scarcity. The bottom line is you're going to attract more of what you have in your life unless you make a conscious effort to do something differently. So you have to ask yourself that question. Are you living your life from a place of scarcity? I want you to really think about and analyze your thoughts. I want you to think about what it is that goes through your mind every day. When you go into any given situation, Are you operating from a place of scarcity or abundance? Do you feel like there are always solutions in your life? Or do you feel like there are just a lot of problems? Do you feel like there's enough abundance in the world that you can have some as well? Or do you feel like you always get the difficulties, that you always have the struggles? Because let's make no mistake, all of us struggle. And the difficulty we have in our life and in our minds is that scarcity is a manipulator. I mean, scarcity, this whole idea of scarcity, things that work against you, is that scarcity makes you feel like you know things aren't going to go well for you, that there's not enough for everyone, that there's not a lot to offer in life, that maybe you don't ever catch a break, that there's not enough time in the day, there's not enough money at the end of the month. These thoughts that are almost ingrained in our minds, the ones that we are used to hearing, in our thoughts, they're the ones that are working against you right now and you cannot create success and prosperity without an attitude of abundance Abundance is attracted to abundance and prosperity is only going to come when you create the mindset of prosperity You can just operate dealing with problems all day and expect that you going to create solutions. So the key for you is to break this cycle of scarcity. Once you've realized that maybe not intentionally and not in a really bad way, your thoughts maybe tend to go negative. And remember that your mind is designed to protect you. Your brain is designed to protect you from bad things. And so it will constantly be assuming things are bad in order to help you protect yourself. But you have to learn to break that cycle, break that scarcity cycle. And what you need to do in order to break that cycle is you've got to stop thinking from a place of scarcity. So let's do a mental assessment here. Think about your reaction to various situations that have happened over the last year, let's say, or two years. With everything that's been going on around you, how have you responded to those situations? Ask yourself whether you're operating from a scarcity or an abundant mindset. when things have been happening to you, or even right now, let's just say in the world, excuse me, economic climate, and you hear all these messages out there that say, we're getting ready to go into a very difficult time. We're getting ready to go into a difficult time. And maybe you're hearing, prepare for the worst, plan for the best, but prepare for the worst. In your mind, it's okay to see those things and hear those things around you. But in your mind are you saying to yourself, I'm going to do the best I can to prepare for the worst. And maybe you even feel it's a positive thought process that you're saying, I'm going to do whatever it takes to plan for the worst. That's still a scarcity mindset. What you need to do is you need to say to yourself, despite the circumstances, despite the environment, I'm going to create the best version of my life. I'm going to create the best version of myself. I'm going to succeed where others are failing. I'm going to find opportunity in circumstances. Because no matter where you're at, abundance will always be around you. It will always be available to you. You just have to tap into it. So how do you go ahead and start creating abundance in your life? You need to know the difference, first of all, between faith and belief. because faith, or let's say belief, belief in abundance is generally going to be created from actual experiences. When you have a positive and abundant experience in your life, you create some type of activity that creates a reward, you're going to create a new belief that's reinforcing the fact that you can find that abundance in your life. So belief is actually created from your experiences And maybe you don have the experiences right now to create enough belief in your life Faith however faith is something that you choose If you choose to have faith you may not have the experience yet that tells you that you're going to get on top, that you're going to accomplish your goals. You may not have that experience and belief yet, but you can use faith to be able to create abundance in your life and operate outside your comfort zone by making the decision. You simply need to have faith that there's enough for you, that something good is going to happen because faith is a decision. And faith as a decision is going to lead you to creating the success because you're willing to take the activity. And when you take the activity, enough activity, you will create success and you will create abundance and you will accomplish your goals and then belief will happen and you will learn and create that belief in your life that will come from your experiences. For example, if you've ever done anything difficult, like let's say rock climbing, if you've ever, and maybe you haven't, but maybe you can imagine with me for a second, you're climbing a mountain or you're climbing a rock. And sometimes you can't see the next spot to put your foot on because you're so focused on climbing this mountain or climbing this rock. And all you have the ability to do is put your next hand in front of you or your next foot out there. And sometimes when rock climbing, you have to rely on someone else telling you, listen, if you just put your foot a little bit further to the right, you're going to have a spot to put it. Or if you'll just reach up, I promise you, I see it. Someone else telling you, I see it. Just reach up. You'll find this spot to be able to grab. Sometimes you can't see that. But just because you can't see something doesn't mean it's not there. Just because you see something doesn't mean it's not there. Sometimes you just have to have faith and confidence that it's going to happen because faith is going to get you to where you need to be. And then your experience in life will create more belief for you. So how do you start increasing your faith? Well, you can start increasing your faith by writing affirmations and simply saying things like, I choose to have an attitude abundance. I create an attitude abundance. Say that to yourself out loud. The principle doesn't need you to necessarily believe it, but you can program your subconscious mind by saying it. So affirmations will help you. I create an attitude abundance. I create an attitude of abundance. That's why we have this as one of our core prosperity principles. So start preparing your response to situations so that when things come up, and they'll come up, things will happen. Just because you have an abundant mindset doesn't mean problems don't happen, but you just choose and decide that they're going to go your way, that you're going to overcome them, that you have the ability. Because one thing you may not realize is that you do have the belief you can overcome things. If you think about it, all the difficult situations in your life you still here You clearly were able to get through that situation Just remember that Remember that and instill that belief in your mind So creating an abundance of affirmations and positivity and the right people in your life those are proactive things you can do in order to create an energy of abundance in your life. So here's how you're going to be able to apply this in your life right now. One of the key strategies for abundance in your life is gratitude. Gratitude is a thing, it's a principle, but it's also an activity you can do that will help you to feel more abundance immediately. Just sit down and make a list of at least 10 things that you're grateful for. And if you can't think of 10 things that you're grateful for, you definitely need to do this exercise because there are so many things for you to be grateful for. Opportunities, life, health, family, friends, your ability to survive, you know, your overcoming obstacles. Think of things you're grateful for and see how quickly your mind starts to move towards abundance and away from scarcity when you're focused on gratitude. You know, this is a principle that I practice many times. If you're struggling from anxiety, depression, any kind of a negative emotion whatsoever. Gratitude is very difficult to feel grateful and have those negative emotions at the same time. So gratitude is going to be your new secret weapon in your daily routine for creating abundance and prosperity in your life. And just maybe remember this principle I tell you all the time, and that is it's never too late to start living the life that you are meant to live, the life that you want to live. It's never too late for you to do that. And one way to start doing that today is to practice gratitude. And if you'll simply take a few minutes every day, maybe in the morning, best in the morning, to get your mindset in that abundant mentality right off the bat, practice gratitude. Write down things you're grateful for. Don't just think about it. Write them down. And then take that throughout the day. And I hope that's a strategy that'll help you to remind yourself of what's important in life. And And sometimes it takes those unseen factors to create the visible, tangible things in your life as well, the results that you're looking for. So that's my message for today. I hope you have an amazing day. I had an amazing mastermind this last weekend with Annie Frisella and Ed Milet at the Arate Syndicate. And I want to share some of those thoughts with you during the week. So tune in on Tuesday and Thursday. I'm going to drop some of those thoughts. Wednesday, we will have our mentor moment with one of my mentors. and then on Friday I want to talk to you about something real specific to your lifestyle. So I look forward to talking with you this week. I hope you have an amazing day today. Hit me up on The Daily Mastermind. Let me know what you're thinking. DM me on The Daily Mastermind on Facebook or Instagram and I'd love to hear from you. Once again, this is George Wright III and this has been The Daily Mastermind. Have a great day.

About the host
George Wright III, host of The Daily Mastermind

George Wright III

George Wright III is an entrepreneur, investor, and the host of The Daily Mastermind. Over more than two decades he has founded and scaled several multimillion-dollar companies and built a renowned seminar business that put some of the world's biggest names and brands on stage. With 25+ years across marketing, sales, and executive leadership, he's made a career of turning bold ideas into results — and momentum into lasting growth.

Today his mission is singular: empower driven entrepreneurs everywhere to master their mindset, unlock their potential, and live their ultimate destiny. Through The Daily Mastermind, George shares the Prosperity Principles and strategies that help people create massive change — in their business and in their life.

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