The Excellent Investment Executive
Written by:
Donald F. Pooley
Article Overview: Have you ever read something that says exactly what you want to say but so well, and with so much deeper insight that it becomes a revelation?
 |
Free Download - Banks Cant Sell By Donald F. Pooley
|
The Excellent Investment Executive
Have you ever read something that says exactly what you want to say but so well, and with so much deeper insight that it becomes a revelation?
Nick Murray’s book, “The Excellent Investment Executive” had that effect on me. Here are some quotes from it.
“Knowledge is of limited use to us. We deal primarily with the hopes, dreams, and fears of our prospects. We work to make those hopes and dreams come true and banish their fears.
“As these are fundamental issues they do not lend themselves to intellectual solutions.
“The left brain can process an amazing amount of information. But the right brain is the decision maker, and it doesn’t reason; it feels.
“People don’t make decisions with their intellect. They make them in their emotions. Then they use their intellect to justify them.
“The greatest part of our capacity to do good is not in what we know. Our ability to modify a client’s behaviour is what earns us our treasures on this earth, and in heaven---not our store of knowledge.
“We have more power to do good, and to do well by doing good ---than virtually anyone we’ll ever know.
“But that power exists only potentially, until we induce someone to set it aflame with the spark of trust.”
Related Articles
Executive Coaching and It's Value
How To Raise Capital From Investors
Achieve Inside Out Results through an Executive Business Coach
Mirror Mirror On The Wall - Great Executive Coaches Know How To Reflect
A Business Tool That Can Lead to Financial Benefits
Article Tags:
About the Author: Donald F. Pooley
RSS for Donald's articles - Visit Donald's website
Don Pooley, the author of this article, allows you to publish
it if you include these credit lines:
Copyright 2005, Donald F. Pooley, Inc.
Don Pooley CLU, CFP, CHFC, "The Advisor's Advisor" has shared
his marketing know-how with audiences of life insurance men
in all major Canadian cities, London, Australia, Chicago, New
York, San Francisco, Hong Kong, and Singapore, and now in his
free ezine. To get more ideas on marketing your services, plus
free ebooks, subscribe now at http://www.eTIP.ca/
Click here to visit Donald's website

More from Donald F. Pooley
Whats Wrong With This Ad
The Fee Catalyst
Whats In It For Them
How I Use Seminars
How To Create Your Very Own Client Newsletter
|
|
Related Forum Posts
$1000 and a stupid idea
- [quote="OmnivoreInk":8mkh1lv7]Bill and Heidi Dittmar: Executive Lifestyle
founders of a magazine called Executive Lifestyle. Started in 1991. Revenue has grown more than 200% since 2004. 4 full time, 3 part time employees
"We started off with $1,000 and a stupid idea." It began as This Month, a guide for tourists, and morphed into Executive Lifestyle.[/quote:8mkh1lv7]
Hi Barbara,
I find this story about Bill and Heidi Dittmar's success to be especially interesting! Would you happen to know what the catalyst or tipping point was for their change from a guide for tourists to an Executive Lifestyle magazine?
Thanks
Investment Advisors vs Faciltators
- Investment advisors provide advise to investors on public companies or investments. Leadsco is a telemarketing company for advisors - providing leads.
Investment advisors will not put you in touch with investors. Violates compliance regulations.
Facilitators are the best way to help you with strategy and offering for private investors or venture capital.
Which kind of industries are you interested in?
- Ecological or E-business or Investment or Finance or Management or Non-Profit or Retailer or others.
5 Entrepreneur's success stories
- My local paper's business section profiled 5 successful entrepreneurs in the Jan 6, 2008 issue of the paper. Thought I'd share just a bit of it here.
Bill and Heidi Dittmar: Executive Lifestyle
Jeff Wassmer: Spectrum
Deloise Hawkins, Star Whitaker and Lenzy Hill: Touch of Elegance
Stephen Brosius: Advanced Door Systems
Pam Watson: Goodrich and Watson Insurers
Bill and Heidi Dittmar: Executive Lifestyle
founders of a magazine called Executive Lifestyle. Started in 1991. Revenue has grown more than 200% since 2004. 4 full time, 3 part time employees
"We started off with $1,000 and a stupid idea." It began as This Month, a guide for tourists, and morphed into Executive Lifestyle.
Jeff Wassmer: Spectrum
Company specializes in computer network security and intelligence surveillance and reconnaissance. Wassmer was an 11-year Air Force guy, so he had "ins" in order to form this business.
Deloise Hawkins, Star Whitaker and Lenzy Hill: Touch of Elegance
Founded business in 1994. 12 employees. Their company designs and plans an average of 25 events each month in Hampton Roads and other parts of Virginia.
Stephen Brosius: Advanced Door Systems
Started company in 1995. 5 full-time employees, plus subcontractors. After having worked as a subcontractor for others in the construction business for 20 years, he decided to start his own business.
Pam Watson: Goodrich and Watson Insurers
At age 49, she was approached by an insurance colleague to buy out their employer's insurance division. They did so, and became employers themselves., witj 4 full-time people.
How to valuate a business
- Hi Garth - here is how we did it at Northern Crown Capital when I was helping them raise venture capital for Toronto-based entrepreneurs. Assume the start date is 2003 so 2008 projections are 5 years out:
How Northern Crown Capital Valuates a Business
2008 Financial Projections
Earnings Before Tax
$5,865,000
Tax Rate
42%
Taxes
$2,463,300
Net Earnings
$3,401,700
Amount Seeking to Raise Today
$3,500,000
Discounted Value of Future Opportunity, 5 Years Out
2008 P/E Ratio
15
Value of Company in 2008
$51,025,500
Discount Rate Applied
30%
Year 2008
$51,025,500
Year 2007
$35,717,850
Year 2006
$25,002,495
Year 2005
$17,501,747
Year 2004
$12,251,223
Value of Company at Investment in 2003
$12,251,223
Less: Investment Amount
$3,500,000
Present Value
$8,751,223
Discount for Risk & Private Company
40%
Less: Discount for Risk & Private Company
$3,500,489
Private Company Value
$5,250,734
Present Value (What the Owner Keeps)
$5,250,734
60.00%
Financing (What the Investor Gets)
$3,500,000
40.00%
Total
$8,750,734
100.00%
I hope this helps!
Recommended Article for You
close
Share this article with your friends. Fund someone's dream.
Leave a comment below or share on the left and you'll help support entrepreneurs in Africa through our partnership with Kiva.
Over
$50,000 raised and counting -
Please keep sharing! Learn more.