Seems like a reasonable model if it's useful to you. Except in personal growth, step 8 is the realization that there's another staircase around the corner that you were unable to see until you got to the top of this one. So you return to step 1 in a new stage.
I do think it's good to be aware that being in a stage is not the same as passing through it, and conceptualizing steps like this can be helpful in terms of realizing that excitement does not equal enlightenment, and awakening does not equal enlightenment, and disillusionment does not mean there is no enlightenment, etc. as often happens. It's common to mistake seeing the stage for transcending the stage. Having the self awareness to know that you are just at the excitement stage seems like it could only help.
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