Angel investors are difficult people to find. This is primarily due to the fact these individuals have a high net worth, a high income, and typically do not want to be bothered with a constant barrage of phone calls or emails regarding new business prospects. As such, when you are looking for angel investors you should start with people that you know that can potentially assist you in funding your business. Most importantly, you should make sure that the person or people that you are working with are accredited investors as per Securities and Exchange Commission definitions.
One of the best ways to find an angel investor is to work closely with your accountant or attorney. These individuals can often act as a gatekeeper to you and a potential funding source. Often, these professionals have a number of clients that fall into the angel investor definition and if you have a great business idea then they can create a proper introduction for you. Some certified public accountants are able to manage funds on behalf of their clients as it relates to small business investments. As such, you should investigate this funding avenue first before searching for capital on your own.
Additionally, there are now many websites dedicated to assisting entrepreneurs with introductions to capital sources. However, you should thoroughly investigate any online source that provides you with information relating to private investors. You can due a substantial amount of due diligence regarding these websites via the Better Business Bureau platform. 606 angel number
You should be aware that raising capital from a private party usually takes three months to a year. If you live in a large metropolitan area then it will be certainly easier for you to source the capital that you need. The antithesis is true if you live in a highly rural or low income area.
There are always a number of events that are held throughout the country where you can pitch your idea to a number of different investors in one shot. It should be noted that attending these events can be expensive due to very high admission fees as well as any associated travel costs. Prior to attending one of these events, you should have a well developed business plan that you can provide to potential investors as you introduce yourself and your business to funding sources. There are a number of websites that specialize in aggregating investors and entrepreneurs that will attend these events.
In closing, finding angel investors is a difficult process. However, if you maintain a diligent work ethic and have a great idea then you should be able to easily finding capital for your new or growing business.
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