relationship economics

 
January 20th, 2011

Entrepreneur’s Guide to Raising Capital

Nice review of my book by these folks.

by David Nour. Roughly six million entrepreneurs begin a new business every year. Less than 2 percent of those new ventures attract investors, and those 2 percent are this book’s target market. Author Nour has witnessed numerous investment deals, and his guide reflects both his observations and those of investor colleagues. The book seeks to help entrepreneurs look at their business through the eyes of an investor; failing to do so not only costs money, but worse, it costs time and attention. Investor quotes–some insightful, some not–populate every chapter. Where Steven Rogers’ Entrepreneurial Finance: Finance and Business Strategies for the Serious Entrepreneur (2nd ed., CH, Jul’09, 46-6298) dedicates five chapters to valuation, Nour spends less than one chapter on the topic. Nour instead stresses financial intermediaries, professionals dedicated to helping firms attract capital. He also devotes a chapter to advice from entrepreneurs, advice they wish they had been given when they were seeking capital. This book’s real strength is an appendix full of helpful resources, useful not only to the 2 percent of entrepreneurs attracting capital but to many other entrepreneurs as well. –Choice (Check Catalog)

See the post here.

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August 12th, 2010

Facebook launches Facebook Questions

Sitting next to “update status” on a user’s wall, questions are automatically public to all users of Facebook, and will allow people to tap in to the collective wisdom of Facebook’s 500 million users, the site hopes.

The company says that users can still restrict questions only to their followers if they post them as a regular status update. A photograph or poll can be added to the new “question” option, however.

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For information on using Facebook for business read about our Facebook for Business Booklet and DVD.

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August 5th, 2010

Praise for KaChing: How to Run an Online Business that Pays…

KaChingThumb "With Twitter Power, Joel Comm demonstrated how to build and nurture productive digital relationships. With KaChing, he teaches how to tap into your passions and create online revenue streams via several compelling models. If you’re serious about creating revenue online, without having to live online, read this book and apply its best practices." —David Nour, bestselling author of Relationship Economics and ConnectAbility

Buy here:

KaChing: How to Run an Online Business that Pays and Pays

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July 9th, 2010

Dallas / Fort Worth Entrepreneur Network Features David’s Book on Raising Capital

Ask any established business owner to identify his or her toughest challenge when just starting out, and you’ll likely get this answer: raising capital. Most aspiring entrepreneurs know far too little about the sources of money that can help start a business or fuel its growth. Where do you get capital? What are investors looking for? How do you ask for money in a way that gets results? This book answers these and many other critical questions.

Even more important, entrepreneur and consultant David Nour shows how to develop long-term relationships with financial partner—the people who can help keep a business humming throughout its life.

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January 21st, 2010

Relationship Economics

Why This Book?

My journey began almost 40 years ago when my dad would walk me through the bazaars of Iran during our Friday morning errands. I didn’t understand it then, but certainly do now. Dad got things done – whether we needed a plumber at the house that afternoon or access to an influential politician – by leveraging his most valuable relationships in a kind of “favor economy.”


During a recent business trip to China, I was reminded that the rest of the world builds relationships first, before they do business. As Americans, we’re so focused on the business that if and only if that goes well, we’ll think about the relationship part! In Arabic, the literal translation of Bin means “son of.” Your genealogy, sources of referrals, and our history together carries more weight towards business success in many parts of the world than any product or service you represent, access you desire, or project you’re trying to complete. Business people around the globe still prefer dealing with those they know, like, and trust!


Why Now?

In this turbulent time of global tension amongst cultural nuances, multi-cultural management teams must execute seamlessly in an environment of increasingly more sophisticated and demanding global relationships. This book is a “how-to” guide. Its applications are beyond just getting and giving business cards, working a room, or getting the most out of a conference. Its focus is how to strategically invest in relationships as your most valuable asset for an extraordinary return.


By understanding and developing the three types of relationships – personal, functional, and strategic – you hone critical skills to not only develop a nose for identifying great opportunities, but which relationships to tap for execution, performance and results. The obstacle for many is the inability to link personal relationships to overcoming corporate leadership challenges.

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January 21st, 2010

The Entrepreneur’s Guide to Raising Capital

Why This Book?

Ask any established business owner to identify his or her toughest challenge when just starting out, and you’ll likely get this answer: raising capital. Most aspiring entrepreneurs know far too little about the sources of money that can help start a business or fuel its growth. Where do you get capital? What are investors looking for? How do you ask for money in a way that gets results? This book answers these and many other critical questions. Even more important, entrepreneur and consultant David Nour shows how to develop long-term relationships with financial partner—the people who can help keep a business humming throughout its life.

The Entrepreneur’s Guide to Raising Capital, designed to help entrepreneurs navigate the money-raising maze, shows how to attract financing to fund the start-up and growth phases any business moves through. It answers the most common—and the most perplexing—questions entrepreneurs have about financing a business: How do I put together a credible request for funds? How do I choose wisely from among the plethora of financial and strategic investors, consultants, investment bankers, and other intermediaries? How do I identify and avoid the risks associated with various sources of capital? How do I plan for the right kind, amount, and source of smart capital as the business evolves? How do I get the highest return on invested capital? How do I avoid the biggest mistakes entrepreneurs make when raising capital?

This book provides real-life, pragmatic advice from entrepreneurs who have raised money from friends, family, angel investors, and banks, as well as institutional investors such as venture capitalists and private equity firms. It details the process from start to finish while spotlighting the danger spots and ways to avoid them. It will be especially useful to those who are uncomfortable making important financial decisions, and to those who are confused by all the conflicting opinions offered by advisors—both well meaning and otherwise. By showing readers the financing ropes, Nour removes a major source of stress for budding entrepreneurs and moves them closer to their dream come true: a successful business.

What Next?

Click on the Amazon.com logo below to get your copy…

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