And another 280 companies will get funded on Monday, and another 280 on Tuesday, and another 280 on every business day of the year. That’s the rate of funding for 2013 when more than 70,000 companies received angel financing. And most observers say that the pace will increase in 2014, probably topping the $25 billion invested by about 300,000 angels last year.
So here’s my question: Why not you?
What’s keeping you from getting your slice of the pie?
I can tell you this: You don’t have to be what I call a “highly fundable” company to get angel investors to finance your business.
To me, a highly fundable company is one in which the co-founders have a track record of startup success and have built relationships with active investors.
Most startups don’t have these kinds of credentials, and yet a fair number of these “potentially fundable” companies get funded.
(Data sources: Center for Venture Research; Halo Report.)
These potentially fundable companies – often led by first-time entrepreneurs – do two essential things on their road to funding success.
First, they create a business that has enough of the right fundability elements to attract the attention of angel investors. The business’s “fundability score” won’t be perfect, but the essential ingredients are present. The business will make sense as a believable story.
Second, they execute a sales campaign to sell stock (or convertible debt) in their company. They persevere in their quest to find angel investors who believe in them and their business story. They close the deal.
And they continue to gain additional traction during the fundraising process, thereby further increasing the fundability of the company.
These are the keys to success that I have observed for the past 15 years by helping hundreds of startups navigate the fundraising process.
I’ve distilled these keys to success into a single day of training: my Funding Quest One-Day Workshop – How to Get Angel Investors to Finance Your Business, which I’m offering on Tuesday June 10, 2014, as part of the Keiretsu Forum Academy programs.
Attend this workshop and you will:
- Get actionable guidance on how to improve the fundability of your business
- Gain confidence in your ability to negotiate the terms of an investment deal
- Develop your strategy for finding and courting angels
- Learn how to give investors the kind of pitch they’re looking for
- Discover insider secrets on how to close the deal
Your ticket price of $247 includes lunch, snacks, and workshop binder with extensive course materials. Click here to REGISTER NOW! (Includes a MONEY-BACK GUARANTEE.)
Plus there is a new Two-Day Option: For only $150 more you may register for an additional day of training on June 3, 2014 that covers:
- Valuation — led by Nathan McDonald, Keiretsu Forum
- Term Sheets — led by Joe Wallin, Davis Wright Tremaine
- Exit Strategies — led by Nat Burgess, Corum Group
(Only a limited number of tickets are available for the Two-Day Option.)
Raising angel funding is a sales process, and you need to understand how the game is played. Don’t miss this chance to accelerate your path to startup funding.
Attendance is limited to the first 25 people who sign up.
I hope to see you there.
Bryan
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