The Scarcity Trap and How to Escape It

The Playbook With David Meltzer

David Meltzer, Entrepreneur.com

Entrepreneurship, Business, Careers

4.6 • 1.9K Ratings

🗓️ 3 November 2024

⏱️ 21 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In today’s episode, I share my journey from growing up in a world of scarcity to building a life of abundance. I talk about my early years with my single mom, who worked tirelessly to provide for her six kids, and how her relentless efforts shaped our lives. I also discuss how my initial dreams of becoming a football player transformed into a career in business, where I made and lost millions. Along the way, I discovered the importance of receiving, not just giving, and how embracing an abundant mindset has led me to empower others to live more fulfilled lives.

Transcript

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0:00.0	Since 1981, Justin has been producing world-class Bordeaux-style wines from Paso-Robles on the California's central coast.
0:11.4	As a pioneer of the region, Justin Wines helped put Paso-Robles on the winemaking map.
0:17.6	The Justin team believes the wines should be exceptional in every aspect, which is why they
0:22.7	use boutique winemaking practices, like hand harvesting and hand sorting. With a rich history of
0:30.5	accolades, Justin is proud to produce exceptional wines and hold the title of America's number
0:36.5	one luxury cabernet.
0:39.2	Whether you're a first time wine drinker or a season aficionado, Justin has the perfect
0:44.7	wine for every occasion. Visit justinwine.com and enter promo code, Playbook 20 for 20% off your
0:53.6	order. Justin wines also makes the perfect holiday gifts for clients,
0:59.8	colleagues, friends or family. Don't miss out. Visit Justin Wine.com and use the promo code,
1:07.6	Playbook 20 for 20% off for a limited time.
1:11.6	I really grew up in a world of not enough.
1:14.6	Some of you may have had a similar circumstance,
1:17.6	but I grew up with a single mom who raised six kids,
1:20.6	five boys and one girl.
1:22.6	She's a second grade teacher and packed my dinner in a paper bag
1:25.6	when I came home, had a study in a country
1:28.6	squire station wagon as she drove around filling up greeting card turnstiles at convenience
1:34.8	stores just so we could eat.
1:37.6	Sometimes you'll like this any teachers or relatives of teachers.
1:42.0	We were on food stamps in Akron, Ohio for a little bit. And I remember
1:45.2	buying food and my mom grabbing pencils for her class because the school wouldn't pay for the
	...

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