Here’s what we will cover today:

• Understand angel investor risks: Equity, control, negotiation

• Raise $50k-$1 million from angel investors

• See the top creative ad campaigns of 2024    

Quote of the Day

“We entrepreneurs are loners, vagabonds, troublemakers. Success is simply a matter of finding and surrounding ourselves with those open-minded and clever souls who can take our insanity and put it to good use.”
~Anita Roddick

Today’s Tip

Yesterday, we discussed the benefits of angel investors, but while they can be a valuable source of funding, it's crucial to weigh the potential risks:

• Finding the Right Fit: Angel investors often operate outside traditional networks. Building relationships at industry events and leveraging existing connections can be key.

• Equity Implications: Angel investors typically take smaller equity stakes compared to venture capitalists. This might necessitate seeking additional funding rounds.

• Balancing Control: While many angel investors take a hands-off approach, some may desire a degree of influence. It's essential to maintain a balance between securing funding and preserving autonomy.

• Negotiating Terms: Angel investors may have more stringent terms than venture capitalists, including higher equity stakes or board seats. Carefully negotiate to ensure the deal aligns with your long-term vision.

By understanding these potential challenges, you can make informed decisions when considering angel investment as a funding strategy for your business.

Today’s Resource

Tired of Chasing Venture Capital?

Sick of the high barriers to entry and the huge valuations demanded by VCs?

There’s a Better Way.

Angel funding is a more accessible and flexible way to raise capital for your startup.

Learn my proven 6-step formula to raise $50,000 to $1 million from angel investors.

I’ll show you how to:

• Identify the right investors

• Craft a compelling pitch

• Close the deal

Don’t let a lack of funding hold you back.

Trivia

Today’s Question: Why are transaction costs important?

Previous Question: What company has the most seven-figure income earners?

Previous Answer: Google.

When Google went public in 2004, it had over 900 millionaire employees. [However, it’s important to note that many of these employees have since left and started other companies. And few Google employees earn 7-figure incomes annually.]

News

6 ad campaigns that signaled a creative resurgence in 2024

How I’d promote my startup, if I had 0$ for marketing

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