Wednesday, April 25, 2012

Investing with Your Master Mind - Use Your Master Mind to Find Investment Ideas

When you meet with your Master Mind, you likely discuss businesses in your area, hot stocks and grapple over the question of whether or not to invest in a given company.

Ask about the economic and demographic trends where your members live.  Is there a hot company in their home town or country?  Ask about it.  Google it.  Is an industry in one country being wiped out?  Investigate it.

If you value the brains and horse sense of your Master Mind, ask them to evaluate your holdings and potential picks.

As many of you are thinking, having level headed, even keel, independent people in your Master Mind is extremely important.  You don't want repeated talking points some fool got from a teacher or reporter from an anti capitalist organization.

Like I said in Black Book of the Master Mind 2, D's and R's and L's can work together if they all want each other to be rich.  Of they have to be willing to work and sacrifice and take intelligent risks too.

Again, keep your Master Mind closed.

Motivation and Your Master Mind Group


                Talking with your Master Mind should have an anchor like effect that motivates you.  When you see or hear from a Master Mind member, you will likely review recent successes.  You will also probably hear about accomplishments and ideas your Master Mind has.  A good meeting with your Master Mind should get you out of a rut and to the plate.
                Modeling a member of your Master Mind or their mentor is a good idea.  Imitating a role model is very helpful.  If your role model says, “I have x attitude in my mind before I do y”, you should too. 
                Ask your Master Mind to hold you accountable to your goals.  If you are going to achieve anything worth doing, consistent and massive action is in order.  If you are busying yourself with busywork, hanging at the bar, or watching reruns, what are you going to say to your Master Mind?  Your Master Mind won’t help you if you won’t help yourself.