Two friends. Two great business ideas. Two very different reactions to a crowded market. Plot twist: both friends were me.

In this episode I’m sharing how my younger self talked herself out of an idea because “the market was too full”, and how the more mature version of me saw that same crowded market as proof of concept. We dig into scarcity versus abundance mindset, what each one looks like in your decisions, and why it matters for your business growth. I also share a story about what happened when a business that looked a lot like mine opened right next door.

In this episode

• The story of two friends with great ideas, and why a crowded market can be proof of concept
• What a scarcity mindset looks like: saying yes out of fear, short-term decisions, being risk-averse and growth avoidant
• Why scarcity can make growth feel like more work and more stress
• What an abundance mindset looks like: investing in the future, being patient, and trusting there is enough to go around
• How my mindset has shifted over the last 10 years, even though my income bracket hasn’t changed much
• Why abundance isn’t scared of growth, and how it opens the door to outsourcing, systems and automation
• All ships rise together: why collaboration beats competition
• What happened when a very similar business opened next door, and why I chose coffee over comparison

Listener reflection

When a new business opens near you that looks a lot like yours, do you feel the need to compete or the need to connect?

I’d love to hear what’s showing up for you most. Come and chat with me on socials.

Call to action

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Where to find Belinda

• Instagram: BelindaBayliss.Co
• Facebook: Belinda Bayliss Co
• Website: www.belindabayliss.co
• Email: podcast@belindabayliss.co

Disclaimer

This podcast is for general educational purposes only and is not professional advice. Please consider your own circumstances before making business or financial decisions. Any opinions shared by guests are their own and are disclosed as such.