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Have an immaculate LinkedIn profile, company website, and either private or professional social-media presence. Just as you did as much research as possible on investors, they are going to do as much research on you as possible, maybe more. Make sure everything is polished (including yourself). After having met a few times, you can either ask them if they would be interested in investing themselves, or ask them to give you warm introductions to people they think might be interested in investing.ĥ. If they are providing you with even informal advice, they will want you to succeed. Your goal here is to steer them into psychologically becoming a stakeholder in the business. Once you have sat down to chat, guide the conversation to a point where you can ask them to be an informal advisor. Very few people will refuse to help aspiring entrepreneurs, and your business and professional life are bound to come up in the conversation. Email, tweet or call them and ask to buy them lunch or coffee to pick their brain for advice in their field of expertise. I’ve found the easiest way to approach angel investors is to take it slow. Instead of asking for money, ask for advice. Related: The Art of Business Pitching Has Changed. It will also make the rapport-building process in the first several conversations go much smoother. This will help you determine if you want them to invest.
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If there is any PR on the web discussing them and prior deals, read all of it. Learn where they have invested before, what their interests outside of work are and where they have worked in the past, among other nuggets of information. Read their Linkedin profile and at least the first few pages of Google results on them.
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Learn as much as you can about each person on your list prior to reaching out for the first time. (People rarely want to be the first to invest and are much more inclined to invest when you already have some level of investor and sales traction.)ģ. When you approach angel investors after getting some of your friends and family to invest, it is much easier to start a conversation. They know you, already trust you and will likely do much less due diligence on the business. For many people this will move friends and family to the top of this list. Look at your list and rate each source by the probability of investing and how quickly you can get them to invest. Not doing so may cause issues with the game you are introducing like accidents and mistakes.2. Significant: Make sure to debilitate any type of antivirus programming projects on your PC. You should have the most recent DirectX variant introduced to dodge any blunders.
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