Episode #897
How to Find an Angel Investor
January 14, 2019

In episode #897, we discuss raising money through Angel Investors. Tune in to hear how you can get your business initial funding.

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TIME-STAMPED SHOW NOTES:

  • [00:27] Today’s Topic: How to Find an Angel Investor
  • [00:34] Go to AngelList.
  • [00:45] This is the easiest way to get started.
  • [00:52] Eric just raised his original money through friends and family.
  • [01:10] Eric only asked other entrepreneurs, so it wasn’t as awkward.
  • [01:17] Y Combinator Safe Note is a simple agreement for future equity.
  • [01:34] It took him 2 weeks to raise $100,000.
  • [01:51] Find relevant investors (those who understand your field).
  • [02:18] You have to be ok with getting a “no”.
  • [02:40] Look up how other major businesses raised money.
  • [03:30] When raising money through Angel Investors, make sure your pitch is solid and contains all pertinent information investors would want to know.
  • [04:20] Don’t just go through the motions.
  • [04:49] If you don’t have a solid business network, go to conferences to build one.
  • [05:27] You can also put your product up on Product Hunt, as a lot of VC’s check out that site.
  • [05:29] That’s all for today!
  • [05:33] Go here to see how many downloads the show is getting. Also rate and review to help us meet our goal of 1 Million downloads per month. Hopefully, we’ll see you at the live event in L.A.!

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