“Invest in the most important asset in your portfolio.”
- The MasterPlan. Next Level
The 7th chapter of our new members-only book, "The MasterPlan. Next Level," has been released. It's available exclusively within the Strategy Control Room (Advanced Level).
When I work with a client and show them a revised list of their assets, with assets at the top as the most valuable, they often have a bemused look on their faces. As far as I am aware, we are not trained anywhere in the world, not by any book on investing, not by any investment advisor, not by any wealth management firm, not by any fiduciary, to think of the most important assets we have as an investment.
In this chapter, we explore:
- Creating a reasonably accurate view of your portfolio of assets (page 89)
- Calculating the total value of your asset portfolio (page 89)
- Investing in your most important asset (page 91)
- A story of my greatest investments (page 92)
- Taking earnings and diversifying into other asset classes (page 93)
- The only asset class in which you have nearly total control (page 93)
- Two primary reasons people are usually unwilling to make investments in their most important asset class (page 94)
- Which of my investments had a much higher ROI versus an investment in my MBA (page 95)
- A scary adjustment that happens with age that is keeping people stuck in their careers (page 95)
- A magic phrase I tell myself when I notice I start regretting something or blaming myself (page 96)
- Your Apex asset (page 97)
- Your second crucial asset class that most people don't realize they need to treat as an asset class or invest in (page 97)
- A new way to think about relationships with your spouse (page 100)
- Questions you need to ask your spouse before it is too late (page 101)
- Keeping score of your spouse's needs and if those are being met (page 102)
- The third crucial asset class that people usually do not consider as an asset class and in which many do not invest sufficiently or strategically (page 102)
- Instilling values in your children (page 105)
- Identifying relationships that drive your wealth, taking a rough estimate of their worth in dollars, and developing a plan to invest in them by treating them as an asset class (page 108)
- Four types of relationships (page 108)
- Redoing your list of assets and increasing the value of each investment (page 110)
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"The MasterPlan. Next Level" updates and refines the concepts from the original program. It's a significant update on the program.
Fresh and more impactful examples
Four robust exercises designed to baseline your life and set a new standard for personal evaluation
This iteration acts as a pivotal bridge to the more advanced concepts explored in The MasterPlan Advanced
Concepts are introduced via experiences from my life, and explained with case studies from clients
Each stage of the MasterPlan series is intentionally designed to build on the last, ensuring a seamless and powerful enhancement of your capabilities to develop and implement a grand MasterPlan for your career and life.
The MasterPlan Universe:
"The MasterPlan. Next Level" is a crucial expansion that builds upon The MasterPlan program and integrates aspects from The MasterPlan Advanced. For those navigating through our comprehensive MasterPlan content, we recommend the following progression:
The MasterPlan (Insider and Legacy)
Implementing the MasterPlan (Insider and Legacy)
A Midlife Strategy Update (Legacy)
"The MasterPlan. Next Level" (Strategy Control Room. Advanced)
The MasterPlan Advanced (Insider and Legacy)
The MasterPlan Acceleration (Executive coaching program with personalized guidance from Michael and myself)
Engaging with any of these programs individually offers significant benefits, but collectively, they encompass the entire MasterPlan universe.
HOW TO FIND THE MASTERPLAN. NEXT LEVEL (110 PAGES):
1. Log in to The Strategy Control Room, Advanced Level, membership area.
2. Click on the 3 dots in the upper-right corner.
3. Click on the "STRATEGY MANUALS" button.
4. Select "The MasterPlan. Next Level."
If you are The Strategy Control Room, Advanced Level, member, here is the direct link to this particular update.
If you joined an Advanced Level of the Strategy Control Room today, you would find the most powerful strategy, problem-solving, consulting, and results-oriented leadership reading library in the world. The resources include:
Michael's explanation slides for selected programs on StrategyTraining.com
12 full engagements, including Operations Strategy Study, Competitive Strategy Study, Digital & IT Study, Banking Market Entry, Wealth Management Study, Investor Relations Strategy Study
Change Management Influence & Gravitas Center of Excellence
Detailed Business Case Methodology Center of Excellence
Encyclopedia of Strategy Analyses Center of Excellence
One-Week Immersion: Consulting Onboarding / Consulting Mastery Center of Excellence
Corporate Training Center of Excellence
31 proposals
Flipcharts
Layout guides
17 strategy and problem-solving books which we do not make available anywhere else
3 brand new strategy and problem-solving books just released and not available anywhere else
11 book drafts never before available and not available anywhere else
Case interview materials for Felix, Rafik, Samantha, and Sanjeev, case interview exhibits, case interview solutions
The evolution of corporate strategy
The business case toolkit
Implementation and operation toolkit
Corporate strategy toolkit
Strategy maps
And more