Yesterday, Brian Cohen spoke at the Princeton Tech Meetup #11, providing some insider tips on what Angel Investors want Entrepreneurs to know. We'll be sharing some of the insights we gleaned later in this blog post. First, we want to help Brian promote the book that he co-authored which is debuting in April. For a short time, the book will be available for half price on Amazon to pre-order. To get it at the discounted price now, click on our affiliate link below: What did we learn from Brian? While Angel Investors provide 90% of the seed money that helps startups get off the ground, they are looking for a BIG payoff (if you look at the slide at the left, it does NOT mean that Brian left the room and came back 30 times). In fact, Brian cited that only about 1 in 40 companies that go to Angels get an investment (as compared to 1 in 400 who present to VCs). The next question is: what will make YOU appeal to an Angel? If you really want all the answers from an Angel Investor's perspective, you have to buy Brian's book: For a teaser of what's in the book, here are some of the notes we took from Brian's presentation:
If you are getting ready to launch your company, you'll also want to check out the new company created by Brian and Trace Cohen, Launch.it. It's a free newsroom for you to publish your story. And if you're not ready to launch yet but you need funding from an Angel Investor, then let us remind you that there's always more advice you can get from Brian's book! What else did you learn from Brian's presentation?
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A large chunk of small businesses actually do not have a website, and an even higher percentage are not actively involved on social media sites. So the first question may be, why should you jump start your business online? The key reasoning to building a presence on the Internet would be to differentiate yourself from other businesses, to connect with the growing population of online and social media users, and to engage with your clients and prospects at any time (whether your store is closed or your sleeping, there are people out there browsing the WWW). Given this reasoning, here are a few quick suggestions to help make your business stand out on the web:
Given the significance of this topic, we will be creating a series of posts on related issues, with additional actionable steps. For more information and immediate access to resources related to building your business on the Internet and generating more revenue online, please subscribe to our Inkwhy mailing list. Can You Have More Sales, Too? Helping over 102,000+ businesses like yours raise profits and build customer relationships using AWeber's opt-in email marketing software for over 10 years. |
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Affiliate Disclaimer: Inkwhy may receive commissions for purchases made through links on this website & blog. We thank you for your support of our content.
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