Explain about Scarcity mindset...? "munipalli akshay paul"
The scarcity mindset is a psychological framework where individuals operate from a perception of lack or insufficiency. This mindset is often shaped by experiences of limited resources—be it money, time, opportunities, or relationships. People with a scarcity mindset focus on what they don’t have, often feeling overwhelmed, anxious, and stuck in a cycle of fear and insecurity. This perspective can have far-reaching consequences on decision-making, productivity, and overall well-being. Characteristics of a Scarcity Mindset 1. Focus on Lack At the core of the scarcity mindset is a fixation on what is missing. This focus narrows a person’s attention to short-term survival rather than long-term growth. For instance, someone struggling financially may constantly think about unpaid bills, leaving little mental bandwidth to plan for the future. 2. Tunnel Vision Scarcity creates a psychological phenomenon called "tunneling," where the brain prioritizes immediate concerns while neglec...