If you’ve been following along, you’ll already know that one of the things that drive us here at Propel(x) is the opportunity to bring angel investors together in a big community. It can be difficult to get started as a new angel, so our investors have come to really appreciate the networking opportunities we provide with our platform.
Collectively, our investors represent a lot of talent — and a lot of experience. They’ve bet on thousands of companies and have enjoyed hundreds of exits. These guys and gals have learned a lot along the way and are more than happy to share their expertise with anyone who asks.
And so we did ask.
Specifically, we asked them this question:
What is the one piece of advice you would give to new angel investors?
Below you will find a round-up of their answers. We tried to organize them by category as much as we could. So here they are:
- Get Help
- Focus on the People
- Do Your Research
- Focus on Your Exit Strategy
- Keep Ego Out of It
- Treat It Like an Investment
- Be Mindful of Regulatory Quirks
- Help If You Can. Just Not Too Much.
- Develop Your Own Investment Framework
- Sometimes Timing is Everything
Read the full story here.