Avatar of admin

by admin

Monetizing Social Networks by David Silver – More Entrepreneurial Ideas to Build a Social Network

August 18, 2011 in Book Reviews

Books on Social Networking and Build a Social NetworkEntrepreneurial Ideas for Business and Entrepreneurs.

Hi Sam here,

The next book that I read after enjoying David Silver’s The Social Networking Business Plan, – 18 revenue channels entrepreneurial ideasthat will create great wealth, was his latest of books on social networking, Monetizing Social Networks. Here David presents to us a further 45 revenue channels that will inspire you in business and entrepreneurship. It will delve more into Social impact games, mobile applications and more entrepreneurial ideas. He will talk about how to be an entrepreneur seeking venture capital and what he himself as an Angel capital investor looks for.

 

Some points from Monetizing Social Networks by David Silver that will help with your Entrepreneurial ideas.

  • The Formula that he uses as an Angel investor to assess business opportunities.
  • Knowing which start ups will succeed
  • Why social games and mobile applications
  • Start up budgets for many entrepreneurial ideas (great for if you haven’t an idea of the cost to build a social network)
  • Business models for many types of social networks and how they Monetize
  • Selecting a vertical market (Specific industries)
  • Funding requirements for your entrepreneurial ideas
  • Questions to ask yourself and your start-up team mates
  • Questions to have answered when raising venture capital

 

entrepreneurial ideasMonetizing social networks is an enjoyable read and great for entrepreneurs looking to expand their knowledge and capitalise on new forms of social networks such as social games and mobile applications together with their social networks, and how to provide value for industries today, and most of all, how to generate revenue while doing it.

David brings light to what he calls the Exuberant Inexperienced Entrepreneur. These people will be the people who will sail these boats. In a way David is calling on people with great heart and drive to make it happen. Who doesn’t want a sweep of the next big things? No matter what level of your business and entrepreneurship, David guides us to having the right mindset. Together with the right idea, we can be the creators of these money making machines. It has truly helped me in preparing my business plan and set the structure of my social network in the right direction. So I recommend this reading.

Click here to visit Monetizing Social Networks By David Silver Official Website.

Avatar of admin

by admin

The Social Networking Business Plan – 18 Strategies that will Create Great Wealth – by David Silver

August 18, 2011 in Book Reviews

Books on Social Networking and Build a Social Network.

When searching for books on social networking and how to build a social network, I came across The Social Networking Business Plan by David Silver. After watching the hit movie The Social Network about how Facebook was created, I thought, how can someone like me who came out of sales and marketing as a day job, create something as good as Facebook? Afterall, I have no programming experience, and I’m just learning how to create this site as we speak. But I’d love to create one! After reading David Silver’s The Social Networking Business Plan it came to light!

build a social networkbuild a social network

Social networks such as Facebook, Myspace, Bebo and the likes, have captured the mainstream horizontal market, meaning to build a Social network for all purposes, is not the market to focus on as former sales and marketing guy. With the introduction of Google + that is who our competitors will be. Rather than competing with those social networking pros, what The Social Networking Business Plan has guided is to build social networks within specific industries – vertical market.

There is no better time than NOW to capitalise on these markets. Industries such as Pharmaceuticals, Sports and even Gardening are just a few examples. We can tackle issues such as climate change, having a fair workplace, who should we shop with? Are some areas we may want to improve. There are loads of ideas you can build a social network.

The main idea of creating these social networks is the notion of the “Wisdom of Crowds”. When TV viewership is on a decline, the way that products and services are advertised is changing, and this is very noticable today. These social networks will be disruptive in nature, in that more and more people are turning to the Internet for their leisure time and reviewing products and services. And rather than listening to the big corporations provide their spill about how great their products are, it is more trusting to believe in a group of people like you and I , to “rate, rank and recommend” a product or service.

The main strength of the Social Networking Business Plan is that David Silver will present to you 18 Revenue Channels that will create great wealth, and NOT ONE of them are advertising based, that to me is very refreshing. These are innovative revenue channels David has developed and is implemented by some of his clients. (David Silver is the CEO of an Angel Capital company, SF Capital.) This has formed the basis of how I will structure my Social network to not only provide value for my members and the People, but also generate revenue while I’m doing it. The Social Networking Business Plan is a great read and a real eye-opener. I highly recommend it if you are looking to make your own social network or even making a Facebook.

Discover The Social Network Business Plan: 18 Strategies That Will Create Great Wealthbuild a social network

Avatar of admin

by admin

Welcome to Build a Social Network

August 18, 2011 in Book Reviews

This site is created to help business and entrepreneurs looking to build a social network.

What we will be covering are some books on social networking, tips, entrepreneurial ideas, what is entrepreneurship and what is happening in the world of social networks.

The site was created using the wordpress social network BuddyPress, and you can register and login to find out what it does. We will also cover social networks  that you want create with your own budget And if you are with me, then let’s do this together!

I will also keep you posted on new findings and developments. So stay tuned and CHECKED IN!

Best Regards,

Sam Quach