| The Abundance versus the Scarcity Mentality
in Professional Development and Growth
A speech delivered by Eric Kimani to the Kenya Institute
of Bankers, Mombasa Chapter on 1st December 2006.
When the Kenya Institute of Bankers, Coast chapter invited me
to come and speak to you they gave me ample notice. One would
therefore imagine that it is very easy to have chosen what to
speak about- It is not!, I thought for weeks what it is that I
can speak to you that would add value both ways away from the
usual advise you might find in the newspaper. But I continually
drew a blank. Then I thought to myself why not be controversial
and speak about something as basic as how our mentality affects
our professional careers. I decided to talk about how our attitudes
and mentality affect our career growth or stagnation- The Abundance
versus Scarcity mentality.
Let us start with some long winded definitions;
What is an abundance mentality- this is a deep belief that there
is enough for all- enough work, enough jobs enough resources.
It is living with a favor-minded attitude. One can define it also
as optimism. Seeing the glass half full rather than half empty.
Thinking big and expecting big. I will draw very many examples
which I seek your indulgence if they sound like self-praise- they
are only meant to help clarify the message. I recently led a group
of some passionate Kenyans in a charity fundraising. Some of them
thought I was out of my mind to suggest that we can ask Kenyans
to donate Ksh. 7m. This initiative realized close to 12m! The
barriers are in our minds and we will not go beyond the barriers
in our minds.
By contrast the scarcity mentality is a belief that your success
will imply someone else’s failure; that there are scarce
resources and if you get them you must deny someone else; that
there is scarcity of jobs; that the cake is not enough and I must
grab my share. The scarcity mentality is one of our biggest problems
in this country today with politicians believing that they have
gone to parliament to ensure get the largest share of the national
cake for “their people/electorate”. This was also
epitomized lately by a senior executive friend of mine whom I
approached in September to donate money to the national charity
cause I referred to above that incidentally helps more people
from his village than anywhere else in Kenya. He responded that
he could not help because they have a similar initiative to help
his village. His scarcity mentality- that there is not enough
for his village and the national initiative blinded him in seeing
that he could achieve what he is doing for the village in a more
far-reaching manner.
So much for the definitions.
I hope to show you by the end of my talk that the difference
between successful people and the less successful is largely their
mentality of abundance or of scarcity.
- People with an abundance mentality have an internal security
based on a principled centered living. Their value system is self-anchored.
They are not too worried of saying/doing the wrong thing because
they ordinarily talk from a point of truth. This frees their mind
to bigger/better thoughts because they have nothing to cover.
What they said yesterday is what they will repeat today without
contradiction. This internal security enhances their humility.
It allows them to enjoy professional freedom. They can choose
what they want to do. By contrast people with a scarcity mentality
seek their validation from groups. They will rarely want to take
action on their own. The group must validate what they do.
To draw an example from my own career, I have left employment
3 times in the last decade and at no time have I ever felt that
there would be scarcity of opportunities. I believe strongly that
there is something better out there awaiting you to discover.
I have always relied on my sense of internal security to anchor
myself. Do not owe your employment to your boss’s favor
or anyone for that matter. Believe you are the best there is and
you will work towards it and become it!
People with an abundance mentality seek solitude and enjoy nature.
By taking time out in solitude and nature, you allow yourself
to access your deepest thoughts and hence your human spirit with
which we are all equally endowed. Most successful people I know
will take time out to reflect. I try to take a solitary one or
two night retreat away from family and work once every year and
try and access my human spirit. You have to experience it to believe
it. It re-energizes you.
People with an abundance mentality keep their mind and body
tuned through wide reading and exercise. It is a pity that most
of us stop reading on graduating. Most successful people read
voraciously- they are in sync with what is going on around them.
They are current. They do not spend an hour reading newspapers
or watching TV but will spend hours reading the latest management
thoughts for example. I try to read as many books in year as I
can. I have tried to keep fit for over 10 years and my wife who
is my jogging and walking partner can attest to that- we call
exercise our lifeline! Without the mental and physical fitness
we would not have survived the vagaries of disease and the challenges
of everyday life!
People with an abundance mentality serve others. Like one writer
put it and I quote “Service is the only rent to pay for
the privilege of living in this world” Are you paying or
are you robbing the landlord? Service enhances internal security
and fuels the abundance mentality- at the beginning of this year
I pledged to donate ksh. 2m to a cause….I chair the Disciplinary
committee of the Accountants; I chair Help Age Kenya, I chair
The Palmhouse Foundation among many others. Nothing gives me greater
joy! People ask me where I get the time- some of my friends have
asserted that I have a 25-hour day! I tell people you have time
for what you value. An abundance mentality gives you time and
opportunity to serve others.
People with an abundance mentality let those below them grow
and hence give themselves the opportunity to grow even faster
and higher. I keep saying to people that if you are good at what
you do, the only place those who want your job can push you is
upwards. They work with the best minds. They seek out those who
are better than them! A scarcity mentality tells you it is dangerous
to let your junior became as good or better than you- nothing
could be further from the reality! My career success would not
be what it is without those who worked under me. People with an
abundance mentality know when to get out before they get stale.
I have left some of my previous jobs as soon as I realized that
my best was no longer good enough. Some of us stay too long on
jobs we do not enjoy hoping that our boss will get out of the
way sooner! My advise to professionals who do not enjoy what they
do is – for heavens sake move on elsewhere! At one time
I left a job that was so well paying at the time that my wife
thought I was crazy- You cannot excel where you do not enjoy!
People with an abundance mentality have a long term view of
life and hence are visionaries- they are able to see what many
cannot discern. They create uncharted territories. This is because
they already believe everything is possible- How many times have
you wondered how come that many times that successful guy/lady
is ultimately right? Many say he/she knew what they were doing.
The truth is that such people operate from a paradigm of abundance.
People with an abundance mentality are problem solvers and are
hence popular with their superiors. They provide unusual solution
to problems. They are able to separate people from the problems.
They attract others into the team with their sincerity. I lead
many volunteer teams in very successful initiatives. I love looking
for the third alternative to problems and hence my popularity
with employers. The scarcity mentality on the other tells us we
should not stick our necks out and should remain as passive followers.
People with an abundance mentality are courageous. One must
however remember that courage is not to absence of fear but more
the mastery of fear. I have experienced fear in my life- I cannot
for example remember anything as fearful as changing jobs. A friend
of mine told me recently that a herd of sheep led by a lion will
defeat a pack of lions led by a sheep! The courage to take action
is one of the greatest attributes of great leaders. Courage is
a consequence of the abundance mentality.
People with an abundance mentality understand and respect the
law of the Farm or the law of the harvest. They know how/when
to forego immediate gratification in favor of delayed and long
term satisfaction. They appreciate that you will reap what you
planted! They understand the need to prepare the ground, plant,
weed, water and tend before you can harvest. They are not moved
by peer pressure. I still marvel at some of my friends who I grew
up with who tried to violate the law of the harvest – they
are or have already paid dearly for this. Imagine if at the age
of 18 you have your own chauffeur driven Mercedes? What would
you be working for at 50? Does it surprise us that many of our
kids are on drugs? We have not exposed them to the law of the
farm! Those who do not know me for example may not know the painstaking
effort I have put in my career, like many of you, to get where
I am today- seven years ago I was still studying! I still take
time today to learn new technology and read widely to keep myself
relevant. An abundance mentality reinforces the law of the harvest.
The scarcity mentality fools us that we can cheat the law of the
harvest and short-circuit it- it never works!
People with an abundance mentality are passionate about everything
they take up- They live their short lives in greater harmony than
mediocre people. They are ordinarily positive about much in life
and this seem to produce a self-fulfilling prophecy of success.
When they see a mountain they think of how best to climb it and
not about the dangers of climbing. They see opportunity where
others see no hope. An instructive story is told of two shoe salesmen
sent to Africa to see what opportunities there were. One came
back saying he was disappointed that there was no market for shoes
because the natives do not wear shoes. They other came back and
saying there was a huge opportunity because the natives do not
have shoes!
Professionals with an abundance mentality treat whatever they
take on as a project. A project to be executed so well that it
guarantees extension or another project. I like reminding people
that like Tom Peters, the great management guru keeps telling
us – the life of indentured servitude is over! You must
treat your job as a project to be executed meticulously and create
a brand name for yourself in the banking industry and believe
me before long people will be looking for you to do other lucrative
projects. From Tom Peters masterpiece “the Circle of Innovation)
in 1998, I discovered this ground breaking truth that convinced
me to leave my job then and never to be employed again! Every
work I do is a project. I endeavor to complete my projects successfully.
I will endeavor to finish my Sameer/Yana project as successfully
as possible. I will give it my best. Some projects will take longer
than others but this does change the fact that they are projects.
I appeal to all of us present to stop considering ourselves as
permanent employees- the 21st century has no place for this! Only
successful team players working on deliverable and measurable
projects will survive the white collar revolution! If you are
under 40 and hoping to retire in your current job, then something
is wrong with your project! Seriously re-examine your options.
If there is one industry that has been the victim of change and
technology, it is banking! More retrenchment has been seen in
this sector that any other I know- and in my view we have not
scratched the surface!! Learn how to be a project contractor –
there is no longer room for employees in the 21st century!
I would like to conclude my talk with a favorite quotation often
wrongly attributed to Nelson Mandela but is actually by Marriane
Williamson and I quote;
“Our deepest fear is not that we are inadequate. Our
deepest fear is that we are powerful beyond measure. It is our
light not our darkness that most frightens us. We ask ourselves
who am I to be brilliant, gorgeous, talented, fabulous? Actually
who are you not to be? You are a child of God.Your playing small
does not serve the world. There is nothing enlightened about shrinking
so that other people won’t feel insecure around you. We
are all meant to shine as children do. We were born to make manifest
the glory of God that is within us. It is not just in some of
us; it is in everyone. And as we let our own light shine, we unconsciously
give other people permission to do the same. As we are liberated
from our own fear, our presence automatically liberates others.”
Marianne Williamson
I hope you have enjoyed my talk. Thank you and God bless you.
Eric
N.B: Eric worked with Williamson Tea as the Financial controller
before he moved to KTDA as the M.D. He is currently the CEO of
Sameer Africa (formally Firestone E.A).
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