In last Thursday’s class, the topic of angel investors sprung up. As a potential entrepreneur in the future, I was very interested in this topic; she talked about how she was able to convince an angel investor to loan her $800,000. What really intrigued me was how she manged to convince the investor to loan her this huge sum. She explained how it wasn’t mainly the business plan that effected the outcome, but the way she presented herself to him. I did further research on the topic of angel investors and managed to discover important key points to go about finding one. In an interview with an angel investor, many key questions were asked; the interview showed that the investor was only interested in beautiful and well-designed products. He explained how even horrible logos or badly-named products could be the deciding factor in investment. He is looking for people who are passionate, knowledgeable, and who possess the the skills to execute their plans. It is also important to note which angel investor to pick by looking at past history; you’re going to see them a lot.

http://www.theglobeandmail.com/report-on-business/small-business/sb-money/business-funding/inside-tips-from-an-angel-investor/article600101/