Whether they prefer to invest or perhaps not, Angels will be looking at a range of things when assessing your startup. First of all, they’ll need to be confident you will be able to deliver on your thought, https://boardareaonline.org/advice-for-approaching-angel-investors-in-the-uk/ so that your business plans and projections should be well-thought through and accurate. They will also want to see that you have a clear plan for growth ~ not just a cash injection, but a growth approach that will consider your company into new marketplaces and make more earnings over time.
They’ll also want to know you will be a team player, and will be open to their suggestions and guidance. They’re not simply there at hand over money; they have a useful experience that they may share with you, and so it’s far better consider how you could reap the benefits of their knowledge. Lastly, they will want to know that one could cope with chance and uncertainness of being an investor within a startup.
Future Angel shareholders
The best way to find the correct investor for your business is definitely through nice introductions — either face-to-face at marketing events or through internet connections you have in common. However , this may not be always possible and you’ll need to put in the hard work to look for and way potential shareholders if you don’t experience any nice leads. Websites like the Angel Expenditure Network can help with this, since will going to industry situations and conversing to fellow business people and advisor figures. You may also use Crunchbase, which has a huge database related to all things funding, to build up a list of angels and then cold email them.