If you are an emerging business with the next great product, sometimes you need an angel in your corner.
A study by the University of New Hampshire's Center for Venture Research confirmed that "angel investors" - high-net-worth individuals ready to invest in entrepreneurial companies at an earlier stage - shelled out more than $18 billion in-to early-stage companies last year alone, in comparison to $304 million by venture capitalists.
Finding an angel investor, however, isn't a simple task. Better Smokes Inc. is one company that recognizes the process of attracting the best investors.
This company is touching the smoking cessation market using a unique tobacco-free, nicotine-free smoke called Bravo, which includes the look of a old-fashioned smoke and burns like tobacco, but is really produced from lettuce materials.
"Bravo allows you to smoke your way out from the cigarette habit gradually," said Puzant H. Torigian, ceo of Safer Smokes. Identify more on our favorite related use with - Click here: what you need to know going into business 2013.
For companies like Safer Smokes, it could be too soon to approach large capital raising firms, yet time to move beyond networking with friends and family. Angel people towards the rescue.
"The challenge for raising capital in today's market is in managing the courage and vision of the angel to find out through to the true investment opportunity," said Torigian.
Just how do organizations like Safer Smokes attract their angel?
* Have a clear-cut target audience for your service or product. As an example, Safer Smokes is targeting the smoking cessation market, which has income approaching $10 billion per year, up from $6 billion just three years ago. To research more, please consider glancing at: Lowering Costs: Air-conditioners | Go Central.
Many angel buyers prefer organizations that are more likely to show positive income inside their first 18 months, so having these kinds of statistics about your industry can be an incentive. Visiting millionaire mindset club seemingly provides suggestions you can use with your brother.
* Match the business enterprise plan targets towards the angel's risk tolerance. Buyers need to know the product or service will be unique and well-cultivated. Better Smokes includes a complex answer that company officials say will "affect the land-scape of medical care industry.".
A study by the University of New Hampshire's Center for Venture Research confirmed that "angel investors" - high-net-worth individuals ready to invest in entrepreneurial companies at an earlier stage - shelled out more than $18 billion in-to early-stage companies last year alone, in comparison to $304 million by venture capitalists.
Finding an angel investor, however, isn't a simple task. Better Smokes Inc. is one company that recognizes the process of attracting the best investors.
This company is touching the smoking cessation market using a unique tobacco-free, nicotine-free smoke called Bravo, which includes the look of a old-fashioned smoke and burns like tobacco, but is really produced from lettuce materials.
"Bravo allows you to smoke your way out from the cigarette habit gradually," said Puzant H. Torigian, ceo of Safer Smokes. Identify more on our favorite related use with - Click here: what you need to know going into business 2013.
For companies like Safer Smokes, it could be too soon to approach large capital raising firms, yet time to move beyond networking with friends and family. Angel people towards the rescue.
"The challenge for raising capital in today's market is in managing the courage and vision of the angel to find out through to the true investment opportunity," said Torigian.
Just how do organizations like Safer Smokes attract their angel?
* Have a clear-cut target audience for your service or product. As an example, Safer Smokes is targeting the smoking cessation market, which has income approaching $10 billion per year, up from $6 billion just three years ago. To research more, please consider glancing at: Lowering Costs: Air-conditioners | Go Central.
Many angel buyers prefer organizations that are more likely to show positive income inside their first 18 months, so having these kinds of statistics about your industry can be an incentive. Visiting millionaire mindset club seemingly provides suggestions you can use with your brother.
* Match the business enterprise plan targets towards the angel's risk tolerance. Buyers need to know the product or service will be unique and well-cultivated. Better Smokes includes a complex answer that company officials say will "affect the land-scape of medical care industry.".
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