Great Books

[ProximityCast]

So what book are you currently reading? Share an excerpt so we can feel the flavor.

Book: The Art of the Start
Author: Guy Kawasaki
Chapter 7: The Art of Raising Capital

Excerpt #1: "Skillful pitching, which we covered earlier, is a necessary, but not sufficient, part of raising capital. More important are the realities of your organization: Are you building something meaningful, long-lasting, and valuable to society?"

It sure is nice to think so...

Excerpt #2: "Other than in times of irrational exuberance, most investors are looking for reasons not to do a deal. Statistically, they would be right because most deals don't pan out. Think of an investor's deal flow as a funnel.
Two thousand business plans enter the top of the funnel.
Two hundred are moderately credible.
One hundred are interesting enough to read.
Forty undergo due diligence.
Ten get funded.
One makes a bundle of money."


Wow! Trying to be an entrepreneur sure doesn't seem like it's for the weak of heart.

David B. Robert
Founder of ProximityCast.com

[ProximityCast]

Book: The Essence of Leadership
Author: Mac Anderson Founder of Successories
Chapter: GOALS
"Dream big dreams, but never forget that realistic short-term Goals are the keys to your success." Mac Anderson

Excerpt: Take the Inch by Inch Approach
"When I was a freshman in college, I heard something I never forgot. It was one of the times when I had a lot to do and very little time to do it. I panicked. I was overwhelmed. As I was sitting in my dorm feeling sorry for myself, my roommate came in and said, 'Mac, let me share something my grandmother told me a few years ago.' She said, 'Inch by inch life's a cinch, yard by yard life is hard.' Those twelve little words inspired me then and still inspire me today."

Me too Mac! Thanks for having that story in your book, it has proven to be my mainstay in perseverance.

David B. Robert
Founder of ProximityCast.com (http://www.proximitycast.com)
email: David@ProximityCast.com