Prioritize Your Investor List

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Organize your first meetings with business angels who are the least suitable for you.

This approach will allow you to properly prepare for a conversation with the most desirable investors for your project, who are attractive in terms of company development, networking, and market segment. During the first interviews, you will be able to hone your presentation and pitch. In addition, you will learn to respond to all objections that investors may have. Thus, you will be able to appear fully armed before the one you place your main hopes on.

Step 5: Look for ways to reach business angels

Many startups wonder where to lithuania email list find a business angel. We recommend that you first look for people who can introduce you to a suitable investor and introduce you to them. It is important to remember that the probability of success is directly related to the degree of trust the business angel has in the person who brought you.

Look for ways to reach business angels

We recommend that you take the time to find out who has a good reputation in the market and can help you.

Is a business angel willing to invest in your startup? In this case, he can probably recommend a co-investor. Don't hesitate to ask him about it.

Step 6: Find a personalized approach

Avoid using sentences like “we are looking for funding, take a look at our documentation.” The angel investor needs to understand that you are qualified and are approaching him specifically.

Step 7: Present yourself correctly

Your task is to present your project in such a way that people want to join it. Try to make it clear that the company is actively developing, so joining the startup today will be cheaper than tomorrow. A dying project, for which receiving investments from a business angel is the last hope for salvation, will not arouse the interest of an experienced entrepreneur, which is almost every investor.

Of course, it is very unpleasant to be constantly rejected. It is equally difficult to endure when you are ignored. However, you will have to learn to overcome fear and shame, and also be patient. Every angel investor receives many offers every day, so it is quite difficult to attract attention to your project. Be persistent, keep writing and presenting your idea to everyone.

If you give up, you will never achieve what you want. Remember the main thing: you must endure to get a positive answer. And it does not matter if it is the only one out of 100 requests sent.

The hardest part is finding your first business angel. Then word of mouth will come to your aid, as investors discuss the projects they are funding within their circle. Does your startup have a bright future and have you received your first investments? Then other angels will not keep you waiting long.