Finite Mindset vs. Infinite Mindset
- We can choose whether to live our lives with a finite or infinite mindset.
- A finite mindset views situations in life as either win or lose, as though there is a scorecard.
- An infinite mindset is grateful, builds relationships, and works toward to common good.
In school, you likely took a number of exams, many of which were true or false quizzes or tests. The answers were clear-cut, binary choices – they were either right or wrong, with no middle ground. If you didn’t know the answer, you still had a 50/50 chance of getting it right. There’s a simplicity to true or false tests, making them more popular with students (especially the poorly prepared students) than, say, essay question exams.
Now, if life were an exam, the only true/false question would be: “Do you play your life as infinite?” The remainder of the questions are of the more complicated essay question variety.
Simon Sinek writes about the finite versus infinite mindset in his article, “Infinite Life.” If you live your life with a finite mindset, your primary goals are to be richer than others, get promoted more quickly than others, have a bigger house than others…in other words, you’re always looking to win. And if winning is always your goal, then the only alternative to winning is losing. It’s one or the other, a binary result.
However, if you choose to live your life with an infinite mindset, you see a bigger picture in life. You look to build relationships with others, and you work toward a common good. Your goals center around making progress in these areas, as opposed to an end-game win/lose result.
Many areas of our lives can benefit from an infinite mindset. Whereas a finite mindset sees and focuses on scarcity, an infinite mindset will view abundance. Whereas a finite mindset says “I have to do this,” an infinite mindset frames it as “I GET to do this.” A finite mindset will hold on to sorrow. An infinite mindset acknowledges there is sorrow in life, but embraces joy and seeks it out.
For business owners with a finite mindset, employees are viewed as an expense. Infinite mindset business owners view their employees as an investment in the company and the future.
A finite mindset holds on to fear, which, in turn, leads to making poor decisions and to feelings of despair, ultimately closing you off from others. On the other hand, an infinite mindset chooses love, leading to an understanding of the world, opening you up to those around you, connecting you to each other.
If you have a finite mindset, you’re tuned into radio station WIIFM: What’s In It For Me? So try changing the station if you find yourself thinking this way! An infinite mindset is about gratitude, being thankful for where you are in life – you’ll find it much more rewarding to be tuned in to. Until next time, enjoy.
Gary Klaben is in our Glenview, IL office and serves our clients who are now located all over the country. He has over 30 years of experience and is the author of Changing the Conversation, Wealth of Everything and co-author of The Business Battlefield. Whether advising his clients, mentoring his team, or coaching entrepreneurs, he is always simplifying complexity and motivating others to take the next action that’s right for them.
Learn more about TransformingWealth™ , our proprietary approach designed to get your arms around the big picture, so you can make informed financial decisions. Ask Gary about Coyle’s TransformingWealth Preview Meeting and schedule a complimentary consultation and start living the Good Life Managed Well™.
We value your comments and opinions, but due to regulatory restrictions, we cannot accept comments directly onto our blog. We welcome your comments via e-mail and look forward to hearing from you.
All information is from sources deemed reliable, but no warranty is made to its accuracy or completeness. This material is being provided for informational or educational purposes only, and does not take into account the investment objectives or financial situation of any client or prospective client. The information is not intended as investment advice, and is not a recommendation to buy, sell, or invest in any particular investment or market segment. Those seeking information regarding their particular investment needs should contact a financial professional. Coyle, our employees, or our clients, may or may not be invested in any individual securities or market segments discussed in this material. The opinions expressed were current as of the date of posting, but are subject to change without notice due to market, political, or economic conditions.
Copyright © 2020 Coyle Financial Counsel. All rights reserved.