How To Fund an Angel Network

Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing.

Running an angel network requires a source of revenue just like a startup.

Here are some ways to fund an angel network:

Charge membership dues.

This is the most common form of revenue for an angel group.

Charging the members generates more participation.

This helps generate more funding for the startups.

Charge sponsors.

This can be a good way to supplement the income of the group.

Sponsors can provide additional services, such as legal and financial.

Too many sponsors can distract from the process.

Grants.

City and state grants are good for launching an angel network.

Grants are one-time payments, so it's difficult to sustain a group on it.

Entrepreneur application fees.

Charging the startups to pay to apply can generate substantial revenue.

This reduces weak deals and those that are too early for the group.

Angel groups don't need a great deal of income to sustain operations.

Most are set up as not-for-profit entities.

Consider these sources of revenue for your angel group.

Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.

Let's go startup something today.

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For more episodes from Investor Connect, please visit the site at: http://investorconnect.org

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How To Get a Meeting With an Investor

Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing.

In raising funding, startup founders must identify and contact many investors.

Here are some key steps to getting a meeting with an investor.

Research the target investor to identify what they are interested in.

This could be a specific industry or sector.

For general investors, focus on the top three sectors in favor at the time.

Find a connection between the investor's target sector and your startup.

Pull together research from your startup to show the current state of the industry.

Perform additional research to show trends, including what is coming up and what is going away.

Identify those companies that are doing well and those that are declining.

Show the why behind the change.

Investors look for research to inform their decisions.

Approach them to share your research results with information they can use in their investment decisions.

Offer to share your research with no ask.

This starts the relationship and lets you build on it.

Once established, you can pitch your deal as the investor knows and has the context of the sector.

Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.

Let's go startup something today.

_________________________________________________________

For more episodes from Investor Connect, please visit the site at: http://investorconnect.org

Check out our other podcasts here: https://investorconnect.org/
For Investors check out: https://tencapital.group/investor-landing/
For Startups check out: https://tencapital.group/company-landing/
For eGuides check out: https://tencapital.group/education/
For upcoming Events, check out https://tencapital.group/events/

For Feedback please contact info@tencapital.group

Please follow, share, and leave a review.

Music courtesy of Bensound.

Investors Vary in Quality for the Startup

Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing.

Investors vary in the quality of the startup.

There are some investors who bring gravitas to the deal that attracts other investors.

Other investors are good, solid players in the market and can add value to the startup.

Then there are the average Joe investors who are nice guys and easy to talk to.

Finally, there are the wanna be investors who hang around the edges looking to see what other investors do.

In raising funding, practice your pitch with family and friends first.

Don't practice on investors from whom you actually want to raise funding.

Once ready, start with the top-tier investors.

If one of them says no, it won't seem out of place, as they say no a lot.

Having engaged them in the fundraising process will help, as it shows other investors you are a valid startup to consider.

Continue to work your way through the list of investors from the good, solid ones to the Average Joes, and finally the wanna bees.

Plan your fundraising to start with the ones who can add the most value to your startup and work your way down the list.

Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.

Let's go startup something today.

_________________________________________________________

For more episodes from Investor Connect, please visit the site at: http://investorconnect.org

Check out our other podcasts here: https://investorconnect.org/
For Investors check out: https://tencapital.group/investor-landing/
For Startups check out: https://tencapital.group/company-landing/
For eGuides check out: https://tencapital.group/education/
For upcoming Events, check out https://tencapital.group/events/

For Feedback please contact info@tencapital.group

Please follow, share, and leave a review.

Music courtesy of Bensound.