| Not long ago, I had the opportunity to sit in with a | | | | that yes, I definitely would have considered it. But |
| group of very distinguished angle investors and in the | | | | what did this entrepreneur team do that the others |
| room were many "vulture capitalists" (a pun on | | | | had not? |
| Venture Capitalists, one they cannot deny). The | | | | During their speech they were confident, had decent |
| meeting was choosing the best entrepreneurs and | | | | visual presentation props and came across as a team |
| business plans that would go on to compete in a Los | | | | with integrity, strength of character and will to win. |
| Angeles Regional Competition. One of the | | | | So what do you need to insure your business plan |
| entrepreneur teams never needed to go to LA, an | | | | gets funded? Well, first you need a team to run with, |
| angle investor agreed to fund their company on the | | | | one that has the right background and knowledge. |
| spot. But why was this investor so impressed to | | | | Next, and this goes without saying you need a great |
| move on funding of this company? | | | | concept, prototype and patents if necessary. |
| Well, I listened to the same speech and presentation | | | | But that is not all you need, you must deliver your |
| and found it to be very compelling myself. Would I | | | | presentation with confidence and concern. You must |
| have invested in this company? Hmm, perhaps, as I | | | | not dodge questions, rather have direct answers and |
| do have a bit of experience in that industry | | | | know your stuff. You better have the answers and |
| sub-sector and it is a terrific concept. I believe if I | | | | not guess on anything, as this is what your potential |
| could have had another 2-3 hours discussing this | | | | angle investors and even the venture capitalists are |
| business with them and then a little fact checking, | | | | concerned with. Think on this. |