As someone rightly said, “The net is not a net until it begins to work. Work your network today!” It may have worked for you in the past and it might work for you once more, but if you aim bigger be sure to work with one another. If you are looking to finance your company by means of an angel investment it might be a better idea to approach a group of Angle Investors rather than an individual investors and there are more than a few good reasons for this explained:
• More the merrier: If you approach an individual investor and if you get a positive feedback to your idea you are sure to feel good about it, however, if they have a difference in opinion it is always good to take a 2nd opinion just as we tend to do with our doctors. And who knows when he has a negative reaction he may be wrong about it!
• Many resources in a group: when you spill your beans and share your idea in front of a group you will get a mixed reaction. These angel investor groups have lot of different talent, people good in various fields, as they are a group of professionals. So you can get a lot of advice be sure to carry a notepad along! Treat this as a golden byproduct as it is often more valuable than the advice you don’t get even after you pay for it.read this news for more updates.
• Diverse in strength: These groups of angle investors have a seriously rich network. Often a group is as big as more than a 100 – 150+ members. You might find more than a few leaving soon as you start presenting your idea but don’t get it wrong, these are some really influential master businessmen. Even if you succeed in scoring the attention/influence of a bunch of 10-15 experts you have got yourself an army who’ll build you a fortress even if you’re against the current.get additional tips at http://technical.ly/baltimore/2016/02/17/angel-investor-tax-credit-bill-back-another-try-annapolis/
• Numbers can’t be wrong: Less than 5000 businesses get funded from VCs every year in the US compared with as many as 20x this number, around 70,000 start ups emerge with funds pumped in by Angel Investors.
However there also are certain challenges which you will surely encounter while dealing through such groups. These groups generally have a complicated process to get you on board and their due diligence will surely be rigorous.
These Angel Investing keep their sites updated and other contact data with the goal that you can contact them specifically as it identifies with the capital that they can give to your business. As usual, we prescribe that you work with a qualified lawyer and additionally an affirmed open bookkeeper as it identifies with obtaining capital from heavenly attendant venture gatherings and systems of private speculators. These counsels will have the capacity to help you through the mind boggling securities regulation laws, complex bookkeeping standards, and complex financial specialist relations issues that you might confront as you advance through business operations.