Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,195,078 members, 7,957,017 topics. Date: Tuesday, 24 September 2024 at 04:36 AM

6 Tips For Attracting Angel Investors For Your Business Idea - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / 6 Tips For Attracting Angel Investors For Your Business Idea (269 Views)

Are There Angel Investors In Nigeria? / Polaris Bank - 6 Tips To Help You Keep Your Money Safe This Holiday Season / 6 Tips To Earn Some More Money On The Side (2) (3) (4)

(1) (Reply)

6 Tips For Attracting Angel Investors For Your Business Idea by magazineguy(m): 7:33am On Sep 25, 2017
Angel investors are wealthy individuals who are retired entrepreneurs or entrepreneur currently managing their own business that provide non conventional funding for start-ups. This term was used to describe wealthy individuals who invested in Broadway theatre production that would have otherwise not seen the light of the day due to financing challenges.

In 1978 Professor William Wetzel of University of New Hampshire used ‘angel’ to qualify these group of individuals whose interest not only lies in profit but also mentoring and fulfillment of passion. How can one attract these individuals to finance his/her ideas? The answer is simply just being smart and hardworking. One has to:

Have an exceptional business idea
Angel investors are out to financed unique ideas with very slim margin of failure and high returns. To achieve this, one must think, create and innovate like Mark Zuckerberg, Cameron Johnson, Jeff Brezos and other world top entrepreneurs. Your ideas should look like Jason’s Iroko Tv, Bilkisu’s Wecyclers, Ikenna’s Heels.ng, Okechukwu’s Okadabooks.com or Mark’s Hotel.ng

Know how to write convincing business proposal
You must be able to come up with a proposal that can completely communicate your ideas and convince any angel investor even in your absence.

Write a business plan
With a plan anyone will be able to understand the roadmap of your business and the level of challenges and success that will be attainable within specific time frame.

Be flexible to new ideas and helpful opinions
To prevent failure, investors of this nature contr[/b]ibute ideas also to propel the business. You are suppose to be smart enough to adopt helpful tips hook line and sinker.

[b]Enter contest

Winners of major business idea contests get easily expose to a lot of supportive organizations and individuals. Enter as many contests as possible as there is no harm in trying.

Join networking platforms
Business clubs, events, social media and websites like Gust and Angellist are unique meeting points and take-off ground for entrepreneur and angel investors’ connections.


source; http://tushmagazine.com.ng/6-tips-attracting-angel-investors/

cc
lalasticala, mynd44, dominique

(1) (Reply)

Good News: Nigeria’s Foreign Reserves Grow To $36.9b / Foreign Reserves Rise To 4-year High In January / Great Opportunity For Business Men And Women

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 7
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.