Here are the key ingredients for a pitch that wins over angel investors.

Angel investors are usually affluent individuals who are looking to invest in early-stage startups. Great! Here are some of the things they look for in an opportunity:

  1. New ideas! This doesn’t mean that you must have proprietary tech or be an inventor, but it does mean that your idea needs to stand out as different from anything similar to it.
  2. A window of opportunity. Investors want to know that there is a window that will allow your company to be the first in a market and able to make a landgrab for business before others can.
  3. Market potential. Show how your business can scale with numbers you can back up. Angels are not solely motivated by profit, but a little profit never hurt anyone.

Good luck!

Watch the next 3 Things to Know video 

Source

You May Also Like

How to Learn Anything in 4 Steps with the Feynman Technique

Opinions expressed by Entrepreneur contributors are their own. Named after Nobel Prize-winning…

75 Ideas for Businesses You Can Launch for Cheap or Free

It takes courage and dedication to start your own business, but not…

3 Best Ways to Diversify Your Income (and Stop Living Paycheck to Paycheck) During Times of Uncertainty

Side hustles might just get you through these economic tough times. October…

House of Saka Aims to Redefine Luxury With Cannabis-Infused Wine

May 17, 2019 4 min read Opinions expressed by Entrepreneur contributors are…