PEOPLETRAITS
MATTER TOANGELS
MORE THANYOU THINK.
Most angel investors are a verydifferent breed of individualthan their money-hungry VCcounterparts
They couldn’t care less aboutyour education, and will rarelyeven remember your name atthe end of your pitch
Angels, on the other hand, caremore about everything asidefrom your current profits.
WHAT PEOPLE TRAITS AREANGEL INVESTORS LOOKING
FOR IN A CEO?
Angels want to be involved in the business,to whatever extent is agreed upon duringnegotiationsAn angel’s investment is just as muchemotional, to an extent, as it is practicalIf you are someone who likes to askquestions, listen carefully, and reply withintelligenceTeachable is a quality that will score youbig points while you’re sitting down in acafe or bar discussing your new businessidea
1.TEACHABILITY
If you have a lot of experience workingin your space this is a huge sellingpointIf you just have experience buildingbusinesses, that might well be enoughto enter and it doesn’t require any tonsof involved knowledgeWhen most angels are asked whatexperience they look for in theentrepreneurs they finance, “businessexperience” is often listed among themost important
2.RELEVANTEXPERIENCE
Angels are not just looking forsomeone who knows how to lead anestablished teamThey want to work with men andwomen who understand how to builda quality team from the ground upThis is because angels are looking toget behind high-growth-potentialstartupsBusiness owners who understandtheir own weaknesses hire those whocan fill in the blanks
3.TEAM BUILDER
Passion does have to be a part of yourrepertoireIf you don’t love your business butit’s making millions ,angels want towork with youAngels are successful entrepreneursand they understand that acompany’s best salesman during thelean startup years usually needs to bethe founder
4.PASSION
As you’ve learned already, productknowledge doesn’t have to be yourmain selling point with investorsBut it certainly helps complete thecircle of trust before they cut you acheckYou can also have a close teammember or partner who fills thisneed
5.PRODUCTKNOWLEDGE
ANGELS MAY EXPECT MORE ORLESS OF YOU. REGARDLESS,
PRESENT YOURSELF IN THE BESTPOSSIBLE WAY.
