Remove Angel Groups Remove Business Model Remove Entrepreneur Remove Product
article thumbnail

8 Ways To Get Off The Ground With Angel Investors

Startup Professionals Musings

As an active angel investor myself, I understand how the process works, and I see the disappointment in the eyes of entrepreneurs who approach angel groups for funding and often get turned away for not being timely or prepared in the minds of potential investors. Come with a product built and a proven business model.

article thumbnail

6 New Venture Funding Realities To Guide Your Efforts

Startup Professionals Musings

Like big corporations with a heavy investment in existing product lines, it’s hard to stop linear investing to look for innovative new opportunities. The investment model is changing from hard selection to “spray and pray.” It’s the right way to get money without giving up too much equity or control of your business.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

10 Preparation Steps to Win an Angel Investment

Startup Professionals Musings

Over the past 10 years, I have had the opportunity to see how the process works, several times from the startup side, and more recently from the angel perspective (as a member of an angel group selection committee). Build a prototype product. Prepare an investment-grade business plan. Free trials don’t count.

article thumbnail

Top Ten Action Items For Angel Funding Success

Startup Professionals Musings

Over the past 10 years, I have had the opportunity to see how the process works, several times from the startup side, and more recently from the angel perspective (as a member of an angel group selection committee). Build a prototype product. Prepare an investment-grade business plan. Free trials don’t count.

article thumbnail

6 Insights To Current Funding Trends For Your Startup

Startup Professionals Musings

Like big corporations with a heavy investment in existing product lines, it’s hard to stop linear investing to look for innovative new opportunities. The investment model is changing from hard selection to “spray and pray.” It’s the right way to get money without giving up too much equity or control of your business.

article thumbnail

How to Pick the Right Attorney For Your Startup

Up and Running

Picking the right attorney in your startup is as important as picking the right business partner. You can’t underestimate the importance of selecting an attorney who “gets” your business model, your market opportunity, and most importantly, your fundraising and exit strategy. The deal we made with him was he’d get 33.3%

article thumbnail

10 Action Items to Keep Angel Investors Hovering

Startup Professionals Musings

Every new startup I know dreams of being funded early by one of the 318,000 active Angel investors in the USA alone. Most of these investors are members of Angel groups that have a rigorous filtering and screening process, to select the top 3% and most fundable proposals. Build a prototype product.