Phase 1 is defined by a resolute desire to make an intentional effort toward changing one's financial situation.
Unlike Phase 0, this desire drives targeted learning with a clear, specific goal: discovering how to achieve financial stability.
There IS a goal, but not yet a plan.
Phase 2 begins when the investor commits to a plan and understands the baseline steps to launch it—such as securing a job, reaching a savings target, or starting a business. This phase is iterative, often looping back to Phase 1
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1ErJFY7wBEwvShFothkejAmorD59fZRrW5 UnverifiedPhase 3 starts when there is a plan and the struggle to execute the plan. The investor sees that it is possible. An investment opportunity is found or a company is founded, even a lucrative hustle, can serve as a means to the desired outcome. The investor is now in a battle.
Regressions to phase 2 and 1 may occur, capital is not yet secured.
Phase 4 is marked by the solidification of the path found in 2 and tested in 3 by bringing to life the horse that will help the investor ride to his destination. What in phase 3 depended entirely on its creator's inputs for every movement now starts to have its own energy.
Phase 4's beast is now part of the investor's life, but it is still wild. You either learn how to ride it or it will leave you picking up the pieces. This "taming" is phase 5. The creature's energy must be directed by the investor and not the other way around.
Now that the investor has passed phase 5, his capital responds much more efficiently, so the investor can direct it in order for it to behave in a desirable way. This is phase 6 and it will be completed when the investor's capital allocation is in full accordance with the investor's wish and ready to respond to any changes in those wishes.