3 Lessons Learned from Michael Masterson
by Julie
Broad
Are You Making Good Decisions?
"Every conscious moment you have is an opportunity to be
richer or poorer" - Michael Masterson
 Are you making good decisions? Are
you making decisions in your life that build your wealth
or take away from it? Are you making choices that:
- Make you smarter
- Improve your skills
- Develop your connections?
Are you investing your money or are you spending
it?
I think most of us know the difference between investing and
spending but we will find a way to convince ourselves that
something we want is an investment.
These were some of the questions Michael
Masterson asked the attendees at this year's Early to
Rise Information Marketing Bootcamp as he discussed his
thoughts around creating a rich mind versus a poor
mind.
The rich mind makes enriching decisions. The rich mind is
adept at analyzing long term value and has the internal
capacity to act.
The poor mind sees the world as unfair, believes in luck and
feels powerless over his own life.
It was a fantastic presentation ... one that went on to discuss
the 8 steps to develop a rich mind and some tricks for getting
yourself into motion. And I took pages and pages of notes.
But the best lessons I learned from Michael Masterson came to
me over the next few evenings as I spent a bit of time with
him. I'm going to share 3 of them with you right now.
Lesson 1: Learn to ask good questions
 One of the networking
tricks we were taught by Larry Benet,
also known as the "Connector of Billionaires and
Millionaires" is to find out what the other person
is passionate about and then figure out how you can help
them achieve what they want to achieve in their life. The
realy message from Larry was to put the interests of
other people ahead of yours in every meeting and every
conversation.
Sitting with Michael Masterson at dinner I was thinking about
the questions Larry had suggested we use to find out what
someone is passionate about and thought I probably didn't
need to ask Michael Masterson anything because anything he
wanted in the public domain had likely been covered in his
writing... and I've read six of his books and at least half of
the newsletter articles he's published in Early to Rise in the
last 4 or 5 years.
So, really I already knew all the answers he was going to
give me!
So, I took a sideways attempt at Larry Benet's suggestions
and asked "What's most important to you right now?"
He laughed and said "Well I am not going to tell you that, but
it's a better question to ask me than the one someone else used
on me today which was 'how can I help you?'"
He went on to explain that somebody in his position, and in the
position of most of the speakers at this event would just feel
uncomfortable by that question because there probably isn't
anything you could do to help them at this point but they
wouldn't want to say that.
So what should someone ask him or someone else who has achieved
massive success in business and in their life?
Well, according to Michael Masterson, he'd rather you ask
him for his advice. Personally I think even asking
someone like him about "What's something you're really looking
forward to?" or "What's been the best part of this conference
for you?" would be just fine too. Just think about what
you're asking before you open your mouth! You'll find you build
a better connection with the person and you'll keep the
conversation flowing!
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