idealmike
Level X3
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Hello all who are looking for ways to fund your new startup idea! Over the past week or so, I've been posting 10+ ways to fund your new startup idea. And I've been posting very tangible, viable, realistic ways for you to do that. And so far, I've talked about using crowdfunding, bootstrapping and using traditional lenders such as your bank. And in this part of the series, I'm going to be talking about using Angel Investors, Incubators & Venture Capitalists. Such as what they are, how they work and how you can use them for getting funding from! 
Angel Investors
Angel investors are people that will back your company or business in exchange for some ownership or equity of it. Angel investors usually team up with other angel investors in what are known as "Angel Networks" and pool all of their individual resources and connections and can also provide you with advice on how to run your business more effectively and efficiently. The only downside to using angel investors is that they only like to invest their money in sure thing businesses. Businesses that are a sure thing to be successful. Business ideas that will return their investment quickly. If your business idea doesn't practically guarantee a return of their investment plus royalties on top, it's likely they wont want to help you.
Pros:
Yeah damn straight! If I was to use an AC or VC and they was to tell me something like they don't like my decision and want to do x instead and I didn't thing that fitted with my goal. I'd be like hold on, this is my startup and the whole reason we're all here in the first place let's not forget that. But then, I would have to remember why they are there as well and that without them, there might not even be any decisions to be made. It's one of those things where you have to sort of bite your tongue for a while because even though in the short term, it's not doing things how you want them done, it's still getting them done so that in the long run, eventually, you can shake off your VC and wave goodbye to your angel depending on the deal you closed from the start. Some of them are in it for life! But if your business makes you a mint who cares if it's working and living its dream. If you get there, call me lol :D
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