Each startup wants to find investors to expand their business, even though few know how they can sustain it. Growing a company requires suitable intellectual capital products or services with a strong demand and carefully selected strategic partnerships.
It might be hard to believe but finding investors to sustain growth is not the tricky part of getting funds. In fact, through trying to find money, entrepreneurs can get opportunities to talk to more investors depending on the location and idea.
Just the same way you require a quality pitch to find success, you need to find quality investors. Starting from day 1 of your startup up until the exit strategy is achieved, you need to continue to find possible investors for your company. Even if you are not currently raising capital.
Taking this approach will create a pool of possible investors when you actually need to raise money. As you know with selling a product, selling someone your vision takes time and effort. Very rarely does it happy instantly. Only using your energy during funding times while exhaust you so spread out your efforts and always be searching for quality investors to add to your network.
Here are some ways you can find venture capitalists and angel investors.
Our Website – Angel Investors List
I’ve create an amazing list of quality angel investors for you to start networking with. The list is designed to save you time and effort. Use the list to start networking with individuals and companies who can offer funding and advice to your startup.
Top-Tier Business Schools
Contact the closest university with the strong entrepreneur or business programs. Such schools have diverse networks of investors including successful entrepreneurs from their alumni, faculty and guest speakers. Request them to recommend some of these people to you.
In case you know other company founders in your industry who have managed to find investors, request them for a recommendation. Since most investors specialize in certain markets such as travel, retail, biotech, mobile app developing, among other sectors, they often invest in companies via networks. Consider securing yourself within such networks, contact your research on investors in your field and try to get that much-needed introduction.
Find Investors Online
Micro-Ventures, Quora, and LinkedIn can be ideal sources for finding angel investors. When you use online resources, ensure that you have established some credibility. The simplest way is to find investors specifically in your market.
Angel Investor Networks
An angel investor network is a member-based platform that services a certain location. The networks operate from funds that have been set aside by investment funds to find deals for the network. All applications are pre-screened, and the investors retain the anonymity. As a founder, you can find yourself getting offers from many investors just for one venture.
There are many crowdfunding platforms today some of which targets industries like science, business, arts, startups, and others. You can find angels like loans, equity investments, and venture networks. Additionally, founders who want to get seed funded can get numerous opportunities.
Suitable for organizations that are active participants in their industry, or founders who do not mind the guidance or individuals who are great at customer outreach and social media, crowdfunding is an ideal option for maximizing the number of views by investors at a go.
Entrepreneurial Community in Your City
Maybe the first thing you need to do as a founder before you can take your project to the market is to get involved with founders around you. Consider joining the regional startup and tech groups on LinkedIn and Facebook, help out with organizing committees, attend events and meet as many individuals as you can. You need to be as natural as possible-request for advice and do not forget to advise if you can; get to know fellow founders and investors, and share life struggles as an entrepreneur. By connecting with the community members as a human, you will be able to build strong relationships and can work together to assist each other’s startups to grow.
Prove You’re Market Ready
Before you can start pitching to VC, you need to be established. Your company name could be recognized, or you could have a great social media presence. The company’s prototype needs to be working and showing tractions signs. It should be evident that your product has its market share. Check your business model as well as the associated numbers via calculator and ensure that you can defend the model when you are asked to do so. The less the risks that a potential investor sees in your firm, the more they will want to invest in your company.
Conduct a Research and Create a List
Get to know your immediate network (industry people), and create a list of potential investors who can align with your goals and vision. When you have thousands of capitalists across the country, you can get the help you need. You only require a solid list of 30 to 50 people who can offer the attention and capital you need. Tap into the investors you have in your network and contact them in low-stakes environments. Convey your ideas and request for feedback, and ensure you incorporate the advice they provide into your next pitch.
Find Investors via Your Mentors
In case you do not have mentors in your industry, consider connecting with several of them before you can start looking for more investors. A mentor will see you through the essential part of your growth journey, they know your company including you, and also have the much need experience to assist you to navigate the industry successfully.
A mentor can be a successful entrepreneur or an investment expert or a top influencer in your industry. They will assist you to know what investors look for and introduce you to some investors who are compatible with your goals or vision.
Applying to Accelerator Programs
Provided by investment companies, universities, seed funds and other large entities, an accelerator program is found across all states. Some accelerator programs are very competitive such as TechStars and YCombinator, but the rewards are big. Through accelerator programs, you will meet other founders get guidance from industry mentors and solve any problems you might have easily. Other accelerators even provide a seed investment so they can get equity.
It is not, so difficult to find investors for your startup with all these options. These 11 strategies are a great place to start your search. Have I forgotten anything? Share your thoughts below.