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How to Hire the Right People
One of the biggest challenges any business owner or manager has is hiring the right people. I've recently discovered a simple, inexpensive yet very effective way which will help you get it right. This week I've asked Nathan Chanesman, Managing...
Interview Like a Pro in Five Easy Steps
It's an inescapable fact that interviews are the "make or break" factor on whether one lands the job. So it is surprising to find that most job seekers approach interviews with a cavalier attitude, without any preparation - they simply wake up...
Presenting A Deal To A Money Source
How to Prepare a Loan Application Packet for Mortgage Brokers, Private Lenders, or Lending Institutions Image is immensely important in creating a good impression. When you go to ask someone to give you money to do a real estate investment...
What is OPGI?
Copyright 2005 Donovan Baldwin
There's another term for it, but I prefer OPGI for three reasons:
1. Nobody's ever heard of it and it arouses curiosity,
2. I think it's more complimentary to the people involved,
3. It's less...
Winning Proposals: 10 Guidelines
The concept of proposals has accomanied business-activities throughout the past few centuries. In recent years this concept has become a more integral part of how we conduct business. If you are in any industry you should be completely aware of the...
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Looking for Angels?
Don't have the money to start your business? Then, maybe an angel will
come to your rescue.
Angel investors will provide capital for new businesses and are
particularly beneficial for those entrepreneurs who need small amounts
of start-up money. If you need a few thousand dollars, you aren't
attractive to venture capitalists but angels will listen to your
proposal.
Your company needs to be a fast grower to attract angels. Angels are
looking for investment opportunities that will provide a good return
and they will take personal interest in you and your business. If you
can offer a better return on their money than more typical
investments, your business will be very attractive to angels.
To succeed in getting angel financing, you will need a top-notch
business plan and a polished oral presentation. An angel will look at
your idea carefully, but will also look at you and your passion. If
you aren't excited
about your business, don't expect an angel to be
thrilled either.
The search for financing may be lengthy, so don't give up. If one
angel says no, move on to another. A negative response doesn't mean
that your idea is bad. The next person your speak to may think it's
terrific.
Finding angels isn't as hard to find as you might think. They are your
neighbors, the store owner around the corner, retired executives;
everyday people for the most part. Start your search for your own
angel at these sites:
International Angel Investors Institute
http://angelinvestors.infopoint.com/
University Angels
http://www.universityangels.com/universityangels/index.jsp
Angel Directory
http://www.nextwavestocks.com/angeldirectory.html
About the Author
Sue Lewis
Starting a home business? Find great ideas and resources you need at:
http://www.newworkplace.com
Be sure to sign up for the free newsletter.
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