"A complete about face... You avoid procrastination... You have the ability to make things happen... You just go out and do it... You drop the victim mentality... You create your own world... You do all that and so much more surprisingly at the same time not making new enemies in the process... "
Run Stage
Analogy is that you are now riding a three-wheeled vehicle. More stability but still not as many on the top would want it, right? Make sure you already read about the "Crawl Stage" and the "Walk Stage" before reading this.
Emotions
These may be some of your most dominant emotions.
You experience a re-awakening of the young human Values you possess. Strong feelings of Love, Charity, Justice, Hope, Temperance, Order and Fortitude etc are deeply felt.
You are taking these Values and their fruits of knowledge and skills to new heights.
Passion for learning and helping are much much stronger.
You have less fears but with healthy doses of anxiety.
Your greatest obstacles are your very own bad habits that you try to identify, monitor and improve on everyday ...everyday.
You feel time moving so fast. You are motivated /driven.
You are willing to grow your Values, knowledge and skills beyond your diploma beyond retirement.
Your growing Values help give you an unexplainable kind of security and freedom.
Much of your fears of investing and borrowing money may be gone because you are learning how to manage risks.
You forgive the repentant.
You tame the proud with your meekness and wisdom. You gain respect. You reflect positive qualities and others could feel it.
You don't make tantrums when your honor is smeared. You know that there will always be mature people who know you better.
You feel relatively alone because there are a few like you.
You may feel the same feelings as those in the crawl or walk stage. But you developing feelings that are more characteristic of the next stage (fly stage).
Goals
These may be some of your goals.
Despite living a fair to good life, the degree of empathy you try to develop allows you more to accommodate and embrace more risks, stress and workload acting to improve the life of others beyond your family or the limited reach of your "diplomas" or formal academic /vocational training. You are among the few who realize that empathy (among many other skills) can allow human civilization to move forward to a better future.
Your salary more than meets your basic needs. But you need the leverage of partnership to help other people beyond your current reach. Your partners believe in your plans.
You may plan to quit your job soon so you can start spending more time with your family and other more important things other than work (job).
Your dream is a lot bigger.
You found a higher purpose and meaning in life.
You live below your means even if you can afford some luxuries.
You plan to delay gratification for a few years (maybe 3-5 years) to achieve even higher unselfish goals.
You want to build wealth for the long-term (not short term to end around retirement) at the same time develop fortitude, faith, determination, perseverance and a burning desire that would never fade.
You know that sudden riches without the proper mindset and skill-set or emotional maturity would be short-lived.
You seriously plan for early retirement.
You align your risk tolerance to an appropriate asset allocation strategy. You either adapt a balanced asset allocation strategy or an aggressive "enhanced growth" strategy. Emergency fund is respectable (15-20% of income).
You know that personal insurance will protect you as the primary income generator while you make your initial run.
Aside from paying taxes, you try to "pay yourself" and specifically reserve that for future investments. You now do not work to save to occasionally pamper yourself ...but you now try to save more to grow your tangible and intangible wealth in order to help empower others.
You plan to compete with the "established value-poor cash-rich abusive people" so that the less empowered will have much better alternatives.
Skills
You are beginning to hear about the more appropriate skill-set you never took seriously.
You know you have to develop those necessary life skills skills for tangible and intangible wealth building.
You understand "good debt" and leverage more than ever. You know they are just among the many alternative tools.
Your job earns you a nice monthly salary (probably nothing or probably 10-750 thousand pesos) but you just can't wait to grow your assets so you can possibly quit your job entirely (if you had any) at the soonest possible chance.
You now realize that jobs are really risky in the long term (it takes so much of your valuable time that should have been spent for your own dreams rather than another persons dreamworld) and so now you regard your job as transitional or a stepping stone ...to be replaced with smarter options as you prepare for possible early retirement from that old job to take on new work that builds your dreams.
You may be trying to develop entrepreneurial skills or you may be trying to set up a non profit organization for the benefit of a bigger community. Or you may just be linking your projects with established benevolent industrialists or financial angels since you do not focus to much on money.
Your financial vocabulary and communication skills may be growing fast.
You are beginning to write a more serious but attainable short- and long-term financial plans with considerable detail and with real deadlines.
Asset allocation strategy is being geared for balanced or enhanced growth.Your asset column if being flooded by intangible assets.
You are better able to track all your resources and expenses...
Adding, reading and analyzing numbers now interests you. You may not know how to deal with numbers or math but you understand how to use them. You know what to count.
You have better budgeting skills.
You are more aggressive.
Your emergency fund and intangible contingencies will last for long periods of time.
You understand the life of successful people (cash-poor asset-rich people).
You begin learning how to write ...including letters asking support for your charitable projects. You like selling...selling mostly good ideas (not necessarily commodities/products) to other people who readily buys them.
Improving interpersonal skills. Improving emotional intelligence. Increasing number of people who respect you. Decreasing number of people you hurt. You are trying to develop people skills to attract people to your causes.
Improving systems skills. Better time management skills. Better organizational skills to run your cause or project.
Better leadership skills to lead your staff.
Your survival skills are better.
You love life and you "walking the talk". You have basic skills to save lives.
Cash-rich, asset-poor abusive people do not understand you and thinks you are crazy because intangible assets are not that significant in their way of life.
Order: Slowly strengthened and achieved by skills mentioned above.
Restraint: Materialistic thoughts and negative feelings are tamed.
Justice: You are more forgiving even to unpleasant people...yet you guard the defenseless and oppressed.
Fortitude: No one can stop you from defending the poor..and winning the battle..you conquered fear itself.
Compassion: You see your old helpless self in other needy folks. You are more empathic ... and you take ACTION because you are growing the SKILLS
Love: Enriched by the above-mentioned values.
Asset flow pattern
Your cash flow pattern begins to follow that of the rare genuine asset rich people. Your salary/active income/earned income answers your basic living expenses for now. You plan to let a growing passive income shoulder all your expenses soon. Passive income (in contrast to active income above) is still building up but still inadequate to be the one answering basic living expenses.
You can identify real assets from liabilities. You have discovered their real meanings.
Your lifestyle is not excessive because you can easily control your liabilities.
Lifestyle is slim and trim. You want a simpler, safer house or car.
You are learning to read financial statements.
You believe that the increasing velocity of passive income is more important than stagnant positive cash flow.
You are on the hunt for better opportunities.
You use the leverage of "good debts" that may fuel your first wealth building assets.
You have adequate resource or credit in case of emergency.
A child is considered a blessing rather than some sort of investment or financial vehicle. Alternative education (which you may have personally concocted) augments a carefully selected educational system for your child (if any) and are among your top concerns.
Health is wealth. Values, knowledge and skills are wealth. Intangible wealth becomes more stimulating than sensationalized news or material wealth.
Team
You have an accountant.
You may or may not have a lawyer in your team.
You hire professionals who can drive your investment vehicle the way you want it.
You are trying to build a solid team whose members are always far specialized than you. You are seriously and actively trying to surround yourself with people or professionals (as mentioned above) who are specialized in their own fields that can help you reach your higher goals faster. You leverage on their skills.
You look up to your mentor (if any) who has more solid experience.
Your friends and some family members seek advice from you.
Recommended activities to achieve this stage and prepare for the next stage may be posted below..