The Law of Abundance: 11 Ways to Live Life Abundantly (2024)

Are you struggling to keep up? Feel like you’re losing your grip on things? And struggle to make meaningful connections with others?

It’s time to let go of scarcity…

… and embrace the Law of Abundance instead. It’s a subtle change that makes a HUGE difference in the quality of your life.

Yet, most people fail to grasp this concept.

They hold tightly onto stuff, desires, and relationships. And as a result, they never feel in control – no matter how much they achieve.

The Law of Abundance is practical.

And although it’s a mentality shift, it’s more than thinking happy thoughts and being grateful. You can still be super-ambitious and pursue success.

In fact, living in abundance helps you achieve more and feel fulfilled.

In this article, you learn exactly how to live in abundance. We will cover the following:

  • What does abundance mean?
  • How does the Law of Abundance work?
  • A practical example of living in abundance
  • 5 Entrepreneurs who achieved success through it
  • 11 Ways to start living in abundance

Before you dive in, check out the scarcity vs abundance mindset test to discover how much you lean towards each side.

What does abundance mean?

Abundance is a state of mind in which you feel confident there’s enough for everyone. When you tap into this prosperous and positive mindset, you’ll attract more success.

Not just in the common goal of material wealth. But also think about health, relationships, career, personal growth, and spirituality.

How does the Law of Abundance work?

The Law of Abundance states that there’s an unlimited supply of resources, wealth, and opportunities available to everyone.

So, what happens when you adopt an abundant mindset?

You become like a magnet.

The more you live from a place of abundance, the more you open yourself up to receive more goodness. Think about it:

  • You’ll earn more if you’re willing to invest your money.
  • You’ll enjoy better relationships if you help others unconditionally.
  • And your romantic relationship will improve if you wish them the best – and if you’re willing to let them go if that’s best for them.

The opposite is true too. The more you hold onto stuff, people, or specific outcomes, the harder it becomes to attract those things.

When you live in abundance, you invest your money, share your best information, and genuinely help others succeed.

And it pays dividends.

People will return the favor, with interest. Your ability to let go and share your resources correlates to your success in life.

And it feels better too.

Let’s clarify the Law of Abundance with a practical example.

A practical example of living in abundance

Living in abundance will help you manifest what you desire. It empowers achievements. And it also reduces anxiety and stress.

How does that work?

Say you’re the best salesman in your company and your manager asks you to train the others. If you believe in the Law of Abundance, you’ll share your best tips – even though they could become better than you.

Would you share your best tips?

If you live in scarcity, you hold onto your best information. You don’t want the others to rise to the top because their success threatens you.

Living in scarcity sucks.

But what happens if you do share your best information?

Say they do become great salespeople quickly. And one of them surpasses you in sales frequently.

When you live in abundance, you root for them.

You feel great because they achieve greatness – and you played a little role in their success. Imagine the relationships you build with most of them – and how that might benefit you in the future.

You may also get a promotion or other benefits. After all, you trained them. At least, they give you some competition and force you to stay sharp in your craft – resulting in more sales and commissions.

Who would you rather be?

  • The person that holds tight onto their resources because the success of others threatens you?
  • Or the person who shares their best resources, helps other people succeed and enjoys all the long-term benefits of it.

Those who live in abundance gain more opportunities, achieve more and lasting long-term success, develop better relationships, and feel more fulfilled.

Let’s now take a look at 5 entrepreneurs who used the Law of Abundance to achieve greatness.

5 Entrepreneurs who achieved success through the Law of Abundance

The most successful and admirable entrepreneurs still work hard despite having more money than they can ever spend.

Why?

Because it’s not about the money for them.

They got rich as a byproduct of their obsessions. Although they strive for specific goals, they avoid short-term gratification.

You see, that’s the big problem today.

Too many people focus on outcomes like getting rich. That’s why ads with Lamborghinis, hot babes, and private jets work.

But the end result rarely matters when you finally achieve it.

Besides, enjoying the process is the fastest way to achieve specific outcomes without sacrificing fulfillment along the way.

Let’s take a look at some entrepreneurial examples:

  • Mr Beast is one of the biggest YouTube channels, with over 100 million subscribers. His empire is worth over a billion. He achieved it by giving almost all of his money away.
  • Gary Vaynerchuk is a massive content creator on the topic of entrepreneurship. How did he accomplish that? By giving all his best insights away for free.
  • Steve Jobs obsessed with his craft to create great products. Did you know that he used the Law of Abundance and visualization as a tool to attract success?
  • Tony Robbins helped countless individuals achieve their goals by teaching them to focus on their desires and living in abundance rather than focusing on their fears or limitations.
  • Oprah Winfrey grew up in poverty but overcame her circ*mstances and became one of the most successful women in the world. She credits her success to her abundant mindset and her belief in the power of positive thinking.

Although these people relentlessly pursue specific outcomes, they focus on the process. As a result, they live in abundance – not scarcity.

Do you want to achieve similar results?

How to live in abundance?

In the next section, I’ll help you tap into the Law of Abundance.

The idea is simple:

Pursue greatness, achievements, and success – but do it by obsessing with your process, not the possible results.

That approach will help you to live life abundantly too.

Success is something you attract by the person you become.

– Jim Rohn

Become the person that attracts the results you desire.

#1: Define success

Most people chase society’s definition of success:

  • Earning a high income;
  • Building the next billion-dollar company;
  • Achieving a C-suite position in your career;
  • Attracting a partner that drops people’s jaws;
  • And a classic: having a more expensive car than your neighbor.

It’s okay to have these goals if they’re truly yours. But most people who chase these definitions of success struggle to live in abundance.

Why?

Because they’re only outcome focused.

Instead, make sure that you chase something that genuinely fulfills you. And not just the results but the journey itself.

In other words, find a process you enjoy.

Of course, you can set BIG outcome-related life goals like getting a private jet or a yacht if that’s your thing. But find a fulfilling pursuit to achieve it, not one that drains you.

How should you live day-to-day to feel successful?

Because if you achieve success without feeling successful, isn’t that the greatest failure?

Related: What is success?

#2: Be generous

People that are happy and successful are generous.

And they experience greater levels of personal fulfillment.

Take the entrepreneurial examples we discussed. They share freely because they know the universe will reward them – with interest.

Sure, there are always exceptions…

Some selfish people will achieve massive success and might even feel great about themselves. However, most people fortunately achieve more and feel greater through generosity.

So, stop holding onto everything so tightly.

The success of others shouldn’t threaten you. And if it does, there’s even more reason to ensure you’re on their right side.

Share your resources, time, knowledge, and talents freely. The effects of the Law of Abundance will surprise you.

#3: Pursue your passion

Pursuing your passion engages, energizes, and motivates you.

It empowers you to focus on the process, not the results.

However, it’s important to note that passion is only one of the elements of a successful and fulfilling life. For a more holistic approach, you must balance pursuing your passions and goals.

That said, most people can blend the two.

With the internet, you’re now able to capitalize on any passion. Consider some out-of-the-box stuff, like:

The internet is wild.

Blend some passion into the mix. It will empower you to focus on the process, share freely, and live life abundantly.

Related: How to find your passion?

#4: Know your WHY

What do you want the Law of Abundance to do for you?

What do you want to attract and achieve in your life?

And WHY?

The final question is an important one to ask yourself.

When you clearly understand why you do what you do, you gain a deeper sense of purpose.

Purpose makes your struggles more meaningful, which enables you to stay consistent and persist through them.

Knowing your WHY also helps you cultivate a positive mental attitude, which empowers you to view challenges as opportunities.

Powerful stuff if you want to live life abundantly.

Related: How to find your purpose?

#5: Know your strengths

Personal strengths have a similar effect as passion and purpose.

How?

When you lead with your strengths, you’re more likely to pursue growth, persist through challenges, and, ultimately, achieve mastery. And that will help you attract the good stuff you desire.

In addition, you’ll feel less threatened by others.

Knowing what you’re good at – and what you’re not so great at, enables you to collaborate with others. You can fill each other’s weaknesses. And we all know that collaboration leads to greater success.

Related: How to find your strengths?

#6: Seek continuous self-improvement

Continuous self-improvement is a crucial element in living in abundance.

Why?

Because when you focus on growth, you spend energy on improvement rather than fear. You’re simply too busy with unlocking your full potential.

And when you’re doing your thing, you feel less threatened by others. It empowers you to share freely and root for them too.

Learning new skills also develops your confidence.

And when you feel confident, you’ll find it much easier to act from a place of abundance rather than scarcity.

Related: Continuous self-improvement.

#7: Learn to let go of the past

When you hold on to the past, you carry the emotional baggage and negative experiences. This creates a sense of heaviness and limits your ability to enjoy the present and create a better future.

Letting go of the past frees you.

It means you forgive yourself and others, release negative emotions, and move forward with a sense of openness.

As a result, it creates space for new opportunities, relationships, experiences and abundance to flow into your life.

Related: How to focus on what you can control?

#8: Surround yourself with positive people

You might have heard the saying before:

You’re the average of the 5 closest people around you.

And there’s definitely truth in that saying.

I see it all the time.

It also provides an opportunity. Surrounding yourself with positive and inspiring people is an effective way to tap into the Law of Abundance.

But how can you manifest that?

Become someone others want to be around.

In other words, become the person YOU want to attract.

Foster a positive mental attitude. Genuinely root for others. Help them succeed. Share freely and inspire others to become better.

That’s how you attract quality people into your life.

Become the person you would love to be around. Give without expectations. And let the Law of Abundance work its magic.

#9: Face your fears

Overcome your fears if you want to live an abundant life.

How does that work?

Facing your fears is uncomfortable at first. But the more often you push through fear, the more your comfort zone expands.

You gain confidence.

And confidence reduces the need to cling to what you’ve got.

After all, confident people know they can deal with whatever life throws at them. When you develop confidence:

  • You no longer fear losing your job;
  • You no longer fear failures and mistakes;
  • And you can finally let go of toxic relationships.

Confidence is a crucial element to living an abundant life.

Related: How to overcome the fear of the unknown?

#10: Genuinely root for others

People who live in a place of scarcity need to tear other people’s castles down to feel good.

And people who live in abundance?

The castles of others don’t threaten them.

Instead, they root and form alliances with others because they understand that collaboration helps everyone build a bigger castle.

Plus, together, you can build an empire.


Besides, have you ever met a confident person who felt the need to tear others down?

No, right?

Confident and successful people rarely do that.

Create alliances – not enemies.

Genuinely hope the best for others and root for their success. And provide a helping hand when needed.

Sure, some might take advantage of your generosity.

That will happen.

Let it slide.

When you live in abundance, good things will eventually come to you. So root for people’s success and never tear someone down.

#11: Gratitude

Start your day by focusing on the things you’re grateful for.

Most people can do that.

But finding joy in your struggles and challenges is more complicated. Yet, that’s also something you can and should be grateful for.

After all, adversity is part of life.

So it’s much better to shift your attitude from: “Why is this happening to me” to “I GET to experience these difficult situations”.

After all, adversity is the greatest teacher.

And there’s no success without hardships.

So, be grateful for what you’ve got – especially your struggles.

If you can embrace that all, you’ll find it much easier to tap into the Law of Abundance and achieve a successful and fulfilling life.

What’s next?

Life’s more joyful when you live in abundance.

You feel less threatened by others.

And you open yourself up to more opportunities, better relationships, greater fulfillment, and ultimately, success.

One way to achieve that?

Focus on your own journey.

Doing something you enjoy avoids obsessing over short-term gratification, helps you to live in abundance, and leads to mastery.

It also enables you to share.

When you focus on your grind, no one else’s success will threaten you. Instead, you’ll naturally gravitate towards collaboration and developing powerful relationships.

Together, we can make a bigger impact.

So root for others, help them succeed, and share freely. The universe will repay you – many times over.

Attract even more success and fulfillment

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The Law of Abundance: 11 Ways to Live Life Abundantly (2024)
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