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Finding an Angel Investor

Wondering how to find angel investors? Finding angel investors starts with a thorough understanding of the pros and cons of getting angel investors. Make sure it's the right move for your business before you start seeking investors.

Starting a new business is one of the most difficult things you will ever do. The time demands are excruciating, the multi-tasking requirements are extraordinary, and the financial needs are endless.

Sometimes it seems like you're never going to get your company off the ground. Wouldn't it be wonderful if you could receive a little "help from above" to get your business up and running?

5 Tips on Finding Angel Investors and Venture Capitalists

1. Do some research. Identify the most likely candidates by asking your accountant, banker and lawyer.
2. Keep an open mind—potential investors may be anywhere. According to Success magazine, one entrepreneur found an angel investor among the motorcyclists he rides with on weekends.
3. Surf the Web. Good places to start are www.nvca.org., the Web site of the National Venture Capital Association and www.mavf.com.
4. Make presentations at venture capital forums or fairs. Your local university business school or Small Business Administration office should have information on such events.

 

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