Grilled Bacon Wrapped Filet Mignon

Set up your grill for indirect cooking. If you are using a charcoal grill set up the coals to one side of the grill and preheat it according to manufactures directions.
Wrap 1 slice of bacon around the edge of each steak and secure it using a toothpick. Season them to taste using garlic powder, onion powder, salt, and pepper.
Place the steaks on the cold side of the grill. This is the side opposite of the coals. Keep the steaks there until they reach 20 degrees from the desired serving temp. If you are going for medium-rare this would be 115 degrees F. You can flip them and rotate them as you like but it is not that important since there is no direct heat on them.
When you are 20 degrees from your desired serving temp move the steaks to the hot side. Place them right over the coals and drizzle them with olive oil. Flip them to avoid burning and take them off the grill when they reach 10 degrees from the desired serving temp. For medium-rare this would be 125 degrees F.
Let the steaks rest and the carryover will take them to the final temp.