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What To Know About Angel Investors

Looking for an angel investor? Forbes has pulled together a list of things you should know about angel investors before you get started.

Angels invest in people, more often than they invest in ideas. That means they need to know you, or someone they trust who does know you (warm introduction). For maximum credibility, start networking for potential investors to build relationships a few months before you start asking for money.

A complete business plan is always required. Maybe friends and family will give you money with no plan, but angel investors expect a real plan. All professional investors know that entrepreneurs who start a business without a written plan almost always fail.

A complete business plan is always required. Maybe friends and family will give you money with no plan, but angel investors expect a real plan. All professional investors know that entrepreneurs who start a business without a written plan almost always fail.

Photo by Steven Depolo

   

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