Angel Investors
Who are angel
investors?
They are typically entrepreneurs themselves. Angel investors differ
from venture capitalists in that they are investing their own
hard-earned money into your company rather than that of institutional
investors. They typically invest in the range of $25,000 to
$250,000.
Here is some important
advice if you are pursuing angel investors. Don't waste your time
chasing investors more than an hour's drive from where your company is
situated. Both angel and venture capital investing are face-to-face
relationships. If something starts to go wrong at an investment, the
investor wants to be able to reach it in no more than an hour's car
commute. They do not want to have to jump aboard a plane to hold an
impromptu meeting with management team.
It never ceases to amaze
me how many first time capital seekers waste money
couriering business plans overnight to a party on the opposite coast
after the briefest of telephone or email conversations. They are
then shocked to discover that even small deals require multiple
face-to-face
meetings which they cannot afford.
How Not to Approach Angel Investors
Read this first. Don't
make these money raising
mistakes
when seeking angel capital.
Angel Investor Networks Across the Country
Comprehensive listing
of angel investor groups and networks.
How to
Think Like a Successful Entrepreneur
Find
out about this 11
page special report today.
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