How do I get started as an angel investor?
How do I get started as an angel investor? Usually, meeting the standards of being an accredited investor is a prerequisite for becoming an angel investor. This means that your earned income must be $200,000 or more for the past two years ($300,000 with a spouse) or your net worth, alone or with a spouse, must surpass $1 million in investable assets.
How do I talk to an angel investor?
- Treat angel investors like humans. You’re looking for a human connection.
- Get them interested. Don’t try to squeeze your entire business plan into one sitting.
- Build up interest over time.
- Talk to their network.
- Look for a group of angel investors.
- Stay away from these NO-GOs.
How do I approach an angel investor with an idea?
How to Ask
- Don’t ask for money.
- Ask for advice.
- Keep it brief.
- Attach the deck.
- Ask for a call if they think they can help.
How much money should you have before angel investing? Angel investors are often accredited investors, which is a designation that requires a minimum net worth of $1 million, at least $200,000 in annual individual income or at least $300,000 in annual joint income (see the Securities and Exchange Commission website for details).