Angel Financing for Entreprene Hardcover - 2007 - 1st Edition

Summary

From the rear cover

angel financing for entrepreneurs

Angel Financing for Entrepreneurs will give you the information you need to understand how angel investors think, as well as how to identify investor expectations, understand the investment analysis process, and prepare for post-investment requirements. Written by Susan Preston, an experienced angel investor, worldwide speaker and consultant on angel financing, and former Kauffman Foundation Entrepreneur-in-Residence, this hands-on resource explains the factors that determine how private equity investors spend their money and what they expect from entrepreneurs. For example:

• Most venture capitalists do not invest in seed or start-up financing rounds
• Investors typically require seasoned management with successful start-up experience
• Investors are looking for entrepreneurs with passion for their ideas and the willingness to take and apply sound advice
• Business plans must be well-written with detailed financial projections that extend 3-5 years
• Investors are looking for a clear path to profitability in the business model
• Entrepreneurs must have developed a corporate structure that is clean and uncomplicated

The message is this: if you are to succeed as an entrepreneur you must be like a Boy Scout and always "be prepared." The book presents many scenarios and creative ideas for working with investors that address the wide variety of situations you may encounter in dealing with angel investors. In addition, Angel Financing for Entrepreneurs is filled with extensive lists of contacts, worksheets, sample business plans, and proposals that will give you the edge you need to attract capital.

Even though it's written for entrepreneurs, Angel Financing for Entrepreneurs is equally valuable for all angel investors, novice to experienced. The book provides a wealth of information and tools for angel investors to use in evaluating companies and understanding realistic expectations from entrepreneurs.