Junto: Learning & Entrepreneurship

Tuesday, September 27, 2005

Early-stage Funding

While reading the book Angel Investing, I have come across some very interesting stats about getting funded by Angel Investors. After interviewing hundreds of angel investors, the top 2 criteria by which most angels invest are:

  1. Enthusiasm of Entrepreneur
  2. Trustworthiness of Entrepreneur
In addition, Alan Hall has shared with me that Grow Utah Ventures also looks at the entrepreneur/management team as their number one consideration.

To me, this is valuable information for entrepreneurs. While the business plan is important, do what you can to prepare yourself to be a successful entrepreneur. Take advantages of opportunities to learn from others. Get out and network...start making a name for yourself. Ante yourself to get involved with a similar company. Good luck!

0 Comments:

Post a Comment

<< Home