David Nour, International Speaker, and Best Selling Author, discusses why the biggest asset we have is our portfolio of relationships. David explains the development of Relationship Economics, and why it is critical to become more intentional and strategic in the relationships we cultivate. He gives advice on what we can do to better our relationships in a quantifiable and mutually beneficial way. Finally, David shares ways we can better utilize the educational system to develop future leaders.  

Key Takeaways

[7:35] Executives don’t want to be sold, they want to be engaged and influenced.

[9:12] Most people understand that relationships are important, but few people truly understand and nurture the idea that relationships have the potential to be intentional, quantifiable and strategic.

[12:45] Relationships are a choice.

[14:10] The days of the soul sucking CEO are over. Employees at every level want to be heard and feel appreciated. Great leaders hear the individual voices and then build a collective commitment where their team knows what the vision is, why they are important to the mission, and understands how to get there.

[17:18] Great leaders look for friction. They stand at the edge of the streets, not in mahogany row, and fully listen and engage with the frontline employees.

[19:31] When we understand the best choices for the best outcome, we row in the boat together.

[23:05] There is value in brevity. David prefers a visual component that is clear and concise to articulate the vision and strategy.

[28:40] Co-creation brings multiple lenses in through strategic relationships.

[30:11] A curve bender is a relationship that dramatically shifts our trajectory, and elevates our core beliefs.  When we meet a Curve Bender or become one ourselves, the destination becomes far greater value than we ever imagine.

[36:24] Leaders see invest in talent when the important raw ingredients are there, such as curiosity, motivation, and a team mindset.  

[39:16] First generation immigrants are four times more likely to become millionaires in this country than those that are born here. This is due to the work ethic, value in education, and drive to succeed. As a native of Iran, David came to the U.S. with a suitcase, $100, limited family ties and no fluency. He earned his way to the American dream.

[41:41] Just as we learn from other people and grow, we absolutely must be open to learn from other countries.

[42:44] David’s challenge: take an active role in personal and professional development. For him, he attends a minimum of one conference a quarter just as a spectator. Also, internalize that your biggest asset is your portfolio of relationships.

How to Contact David:

• Twitter: @davidnour
• LinkedIn: David Nour
• Instagram: @davidnour
• Facebook: @David Nour
• YouTube: David Nour

Quotes

• “Convey your credibility through the questions you ask, not the solutions you provide.”
• “Common sense isn’t always common practice.”
• “How disciplined are you in the ones you choose to invest in?”
• “Relationships are a choice.”
• “Great leaders ask phenomenal questions.”
• “If you are the smartest person in the room, you are in the wrong room.”

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Additional Links:

• NourGroup
• To Lead Your Company to Success, Hear all the Voices
• Marshall Goldsmith
• Alan Weiss
• Ep48: Trust and the Tribal Origins of Leadership
• Ep53: Special Forces Resourcefulness Parallels the Spirit of American Entrepreneurism