Daily Law Group
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Finding angel investors for your startup

At the beginning of your new business venture in California, capital may be one of your primary concerns. A traditional bank loan may not be an option, or it may not be enough to fully finance your startup. We at the Daily Law Group have often advised entrepreneurs on the intricacies of finding angel investors.

According to Business.com, an angel investor is a private investor, often a wealthy individual such as an entrepreneur who has already developed a successful business. He or she may be interested in providing you with mentorship as well as funding, so it is important for you to search for those who have expertise or interest in your particular type of business. 

Angel investors may not require all the hoops that a traditional lender typically requires, but they do take their investments seriously. Someone is more likely to invest in you if he or she sees that you have more than an idea. In order to win an investor's trust, you may need to demonstrate the following:

  • That you have a practical and realistic business plan 
  • That your idea is innovative, unique and viable
  • That your business idea has the capability of expansion to new markets
  • That you have invested your own resources into the business
  • That you are experienced, passionate and committed to the success of your business

You need to be able to convince the investor of all these factors in your pitch, so you should take time to perfect this presentation. Remember, you are not just selling an idea; you are selling yourself. 

More information about business startup matters is available on our webpage.

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