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WJR Business Beat with Jeff Sloan: Information Regarding Angel Investing (Episode 284)

StartupNation

On today’s Business Beat, Jeff speaks with Marsha Dawood, chair of the Angel Capital Association Board of Directors, regarding the advantages of angel funding to finance and launch a business. Marsha, we believe at the Business Beat that angel funding is the most important type of funding for the earliest stages.

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In the heart of the NC Triangle (Raleigh, Durham, Chapel Hill), where ideas take flight, a dynamic entrepreneurial ecosystem thrives.

Angel Capital Association

Neil's philosophy is simple: it's not just about providing guidance; it's about investing in success. Bagchi Law is committed to providing legal counsel while actively investing in the success and growth of our local entrepreneurs, contributing to the region's dynamic landscape," said Neil.

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Investments of time and money are critical for startups’ success

Innovation 2 Enterprise

High-growth startups have two basic sources of investment capital — angel investors (individuals, groups, or funds) and institutional investors like i2E. Angels invest their own money and are in the business of high risk/high return. They tend to invest very early in a startup’s life, even pre-revenue.

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Should every startup get funded?

This is going to be BIG.

Too many entrepreneurs start out their business endeavors with an investment pitch. If you can’t back it up with guidance and mentorship, we’re burning up a lot of cash, 500k at a time. If you just looked at it just as an investment, you could undoubtedly find more money elsewhere, cheaper. Step one: Ask for money.

startup 253
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Entrepreneurs: Define Your Mission and Vision for Success; a Mentor Can Help

Angel Capital Association

When there’s too much to do and not enough time to do it, crafting your mission and vision might appear to have a lower return on investment than other pressing demands. Since 1964, SCORE has provided education and mentorship to more than 11 million entrepreneurs. Don’t fall for this short-term thinking!