- Vina Meliana
Look for Angel Investors to Help You Find Startup Opportunities
Angel investors are investors who provide capital for new businesses as well as companies that have been in operation for a long time. Angel investors typically use their money to make investments in exchange for a share of the company's profits.
According to Investopedia, angel investors typically profit between 22% and 28% of their initial investment. However, most startups struggle to distribute these funds. So, in order to achieve great business success, you must seek out angel investors who understand your business conditions, as not all startups can generate consistent profits.
4 Ways to Collaborate with Angel Investors
A Proper Business Plan
Having a business plan makes it easier for angel investors to invest in a startup because they can learn about the details of the business plan and see if it aligns with their mission. As a result, make sure your business plan is detailed, including goals, target costs, etc.
This can be solved by creating a detailed business plan, which includes a detailed outline. So that startups can understand the steps that need to be taken for the company's future, and angel investors can gain an understanding of the companies in which they will invest.
Find Measurable Targets
Make certain that startups seeking angel investors conduct preliminary research on the whereabouts of these angel investors. You can look it up online or ask around. Of course, these angel investors can be found anywhere and at any time.
You must determine the appropriate criteria for becoming your angel investor because they will not only help finance startups but also build a long-term business with you. Make sure the angel investor you're looking for has a large net income because there are bound to be significant risks that they must consider when investing in a startup.
Decide on an Approach
After you've found someone who can fund the initial capital for your business, make an effort to approach your potential angel investor by inviting them to join your company.
If you appear unsure nonverbally, angel investors will notice and it may affect the offer solicitation to join. Then you can try interpersonal communication to achieve a common goal.
Setting a Long-Term Collaboration
When you have an angel investor, the next step is to discuss long-term collaboration. Of course, many issues must be addressed with your angel investors, such as funding sources and profit sharing.
Take notes or record the conversation when you discuss it to avoid misunderstandings that could lead to division. After both parties agree to work together, a contract can be signed to formalize the relationship.
Do You Need an Investor for Your Startup?
Finding angel investors and other investors is doable if you have an interesting plan. If you need an investor, Kolibra Capital is the solution for your business. We believe that a good relationship with customers can create a win-win ecosystem for both startups and investors. Our homegrown network in Indonesia would help global startups to expand their footprint in Indonesia.