Saturday, February 19, 2011

Starting a Business? FIND AN ANGEL

STARTING A BUSINESS? FIND AN ANGEL

from the article 'Advice for Budding Entrepreneurs'
By Steve Tobak | February 11, 2011

Find an angel.

The whole mentor and coach thing has become so overblown that - I know this is going to piss a lot of people off, but - I wouldn’t go that route. Instead, find an angel investor who’s willing to provide seed funding for minority ownership. Why? Two reasons:

    1) Objective feedback and validation from a professional investor, another pair of eyes, is huge, and

    2) to help you navigate the business stuff that isn’t your forte.

MY THOUGHTS

why would i open a business that is not my forte?  opening a business is hard enough. opening a business you know very little about is suicide. 

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