From the Publisher
The number-one issue for every entrepreneur is Money-getting money,
raising money, convincing investors to give you money. Whether you
are a start up, a small to mid-sized enterprise, or a $100-million
company, your biggest problem is always money. There is currently a
mad rush towards private equity-the new, hot way to get
financing-but it remains a mystery to most entrepreneurs and
owners/managers of SMEs.
Money Magnet unlocks the puzzle
of private equity financing and shows how understanding private
equity is the first step to growing wealth in your business.
Historically, the most common ways to raise financing for SMEs
was through bank loans or through the stock markets. But banks are
notoriously risk-averse and conservative in lending to small
businesses, and the great bull market is over. For most small and
medium sized companies, the small cap public issue market is no
longer a viable source of financing. Enter private equity. There
are billions of dollars of private equity funds available in Canada
and millions of SMEs looking for money, but the two don't always
know how to find one another and, when they do, usually don't speak
the same language. This is the book that explains to business
people what private equity financing is, how it works, how and
where to find it, how to be successful in attracting it, and all
the advantages and disadvantages of raising financing in this
way.
Money Magnet is for entrepreneurs in emerging growth
companies who are seeking financing and want to explore the
benefits of the private equity option. In language that
entrepreneurs understand, Jacoline Loewen demystifies the world of
private equity in this simple yet comprehensive guide. Money
Magnet explains what private equity is and how it works;
compares it with traditional sources of financing, such as banks
and stock markets; explains the different types of private equity
investors (e.g., angels, venture capitalists, fund managers and
institutional investors); outlines the benefits and pitfalls;
describes how to meet venture capitalists and fund managers; shows
how to make a convincing pitch to an investor; reveals what makes
investors cringe and what makes them open up their cheque book;
provides strategies to deal with the four brutal questions all
investors ask; explains in detail the deal process and the deal
sheet; gives advice on common conflicts between investors and
entrepreneurs and how to manage them; includes a detailed checklist
of what an investor wants to know about you and your business; and
much more.
From the Jacket
The number-one issue for every entrepreneur is Money-getting money,
raising money, convincing investors to give you money. Whether you
are a start up, a family business, or a $100-million company, your
biggest issue is always money.
Money Magnet is the solution to your money worries.
It''s the complete how-to guide to attracting private
investors-debt and private equity-for business founders and owners.
It reveals what private investment is and how it works, the
benefits and pitfalls, how and where to find it, and how to be
successful in attracting it.
Praise for Money Magnet
"Every ambitious private business owner should understand the
role of investors and how to attract them. Money Magnet is
an indispensible guide to the process."
-Austen Beutel, Chairman and CEO, Oakwest
Corporation Ltd.
"Don''t put another nickel into your business until you have
read this book. Money Magnet is Financing 101 for
entrepreneurs and owners who want to grow their business."
-Greig Clark, Entrepreneur (College Pro Painters
and Arxx Building Products) and Venture Capitalist (Horatio
Enterprise Fund)
"Money Magnet begins with a startling proposition: some
businesses succeed more than others simply because they know how to
raise money. By sharing these processes, tools and secrets, Loewen
is daring Canadian entrepreneurs to dream bigger than they''ve ever
dreamed before."
-Rick Spence, Entrepreneurship Columnist for the
National Post and PROFIT Magazine
For more information, please visit
www.loewenpartners.com
About the Author
As a partner with Loewen & Partners Inc., Jacoline
Loewen seeks capital for companies ranging from $10
million in revenues and up, as well as for family owned
enterprises. Loewen & Partners has raised over $100 million in
private equity for owners of companies.
Jacoline''s other roles include mentoring for the Canadian Youth
Business Foundation, serving as a judge for the Ivey Business
School''s annual Business Plan Competition, sitting on one of the
University of Toronto''s Rotman MBA IMC volunteer boards, as well
as being a member of Canadian Association of Family Enterprises and
Women in Capital Markets. She was on the Board of Directors of the
Strategic Leadership Forum as well as Bilingo China and Innovation
Exchange.
Jacoline organizes CEO Roundtables and other conferences to
transform the way CEOs and owners see their company and to
encourage innovation and powerful growth. She is also the author of
The Power of Strategy (1997), and Business
Evolution (2001).