Does,your,company,need,capital business, insurance Does your company need capital and you think an angel invest
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1. Know who you're looking for.The average angel investor is male, 49 years old, has a collegegraduate degree, at least five years of investing experience inprivate companies, and invests an average of $72,000 perinvestment.2. Look in your own backyard.Most of the investments made by angels are close to where theylive. Networking is one of the most neglected and most effectiveways of finding angel investors. Join your chamber of commerce,industry groups, software associations and other business groupsand then attend their meetings.3. Angel investors give to charity but invest in businesses.Angel money is not free money, it is not a grant, and it is notan entitlement. Angels invest for a number of reasons, and one ofthose reasons is to generate a handsome return on their money, theaverage expectation is a 34% annual return.4. Polish your presentation.You only get one shot, make sure your presentation, both yourpitch and your business plan, is the best you can make it. Practice,practice, practice.5. Be realistic.Being unrealistic is the most critical mistake entrepreneurs make intheir business plan according to angel investors. Be realistic inthe time needed to obtain financing, the amount of effort required,and in determining the amount of capital required. Article Tags: Angel Investor, Angel Investors
Does,your,company,need,capital