| Real Life Strategies for Building Wealth

This morning I was stretched on my bed, enjoying the last days of relative leisure in our home in Sofia – in couple of days we will be heading back to Manchester and my life is going to take a sharp turn towards regimented self-discipline (ok, motivation), long working days and stress I’ll be stressing about.

‘Come! Come quick and have a look at this!’ – John called, pulling me out of my novel.

I felt a flicker of worry moving through my stomach – what has gone wrong? Our son is not at home, so it couldn’t be him. Rushing into the sitting room I found John crouching on the floor, looking at the picture you can see – an ant dragging an oat grain.

Now, I really don’t like insects; this is a fact that no work on my personality and preferences will ever change. But this ant was so impressive; it had already dragged the grain, so much bigger than itself, over 5-6 meters of Persian rug (really hard to drag anything on this one) and was very close to its destination – a little crack in the parquet floor where the store cupboard of the ant colony obviously is. Even more amazing, when it was near the crack two other little ants came to help. Sweet!

This made me think that different animals are to a degree archetypes of human attitudes to life and money. And that three types are particularly representative. These are ants, birds and locusts.

Ants

The cluster of human attitudes to life and money that can falls under ‘ants’ type is characterised by:

  • Planning and acting with the future in mind;
  • Storing and ensuring that the colony/family will survive;
  • Creating conditions for survival and prosperity anywhere (we watched the ant with the grain in out fifth floor urban apartment but it could have been in a field);
  • Persistent hard work;
  • Working smart to leverage its strengths;
  • Productive cooperation with other.

As a result, ants create the conditions of their prosperity through their hard work, persistence and natural intelligence.

Birds

Birds ensure their survival and prosperity in a way different from the ants in that they usually migrate to the conditions they need.

Once migrated, however, birds integrate in the eco-system and build a life for themselves. They don’t destroy their environment but once the conditions they need have changed they are quick to migrate and find new places.

Locusts

Locusts are migratory like birds; and like birds they also don’t store resources for the future but find them by accident or design. However, locusts are different from birds in that they don’t integrate in their new environment – they completely and utterly destroy it.

Daniel Coleman, author of Emotional Intelligence, describes something very similar to this type in managers he refers to SOB (Sons of Bitches) – these are the managers who get top positions in organisations, destroy them and before anyone catches them out they move on. Many people do this to others or even to their own finances.

Final thoughts

These are ‘ideal types’ and usually we could expect to display a combination of characteristics in our attitudes to life and money. I know that I did behave as a locust for a short period in my life – and am still possibly recovering from it. But now I am more on the ants/birds side of the spectrum.

How about you?