How To Blow Your Chances of Getting Angel Investors Funding

In this article I give you some advice on, “How To Blow Your Chances of Getting Angel Investors Funding.” Of course, you want to avoid these common mistakes in order to get angel investors funding. So consider each of these mistakes which are made too frequently, and try to adjust your strategy to avoid such errors.

Too impatient: Angel investors are busy people, many angels have a family life, a professional life (sometimes managing a large business) and then, almost as a hobby, they invest in start-ups and entrepreneurs. So it’s important to recognize that although you may be very eager to work with an angel, they are contacted every day by multiple professionals pitching their idea or business. So, do not annoy the prospect by over-communicating or expressing your impatience.
Too informal: Although many angels and venture capital firms are relatively laid back compared to corporate-style private equity investors. This does not mean that they want to invest in a company that is not led by a professional individual who is a competent manager. No angel will invest in anyone that they don’t believe in so, don’t take this opportunity lightly by being unprepared for your meeting or appearing unprofessional to the investor.
Too protective: Angel investors need to get to know you, as the manager, and the business that you own. So, you will likely have to answer some tough questions that you may not be used to answering. Additionally, angels invest to make a profit, so you will have to give a significant cut of the profit to your new investment partner. Be prepared to negotiate with the angel(s) on what return to expect and how any profits will be shared.

These are only a few ways in which entrepreneurs and small businesses “blow” their chances at angel funding, there are several other mistakes to avoid, which I will write on in other articles.

But… if you want to be able to quickly contact and work with angel investors you will need a angel investor directory in Excel format.

To obtain this resource from our team please visit http://AngelInvestorDirectory.com

- Theo O’Brien