Ep. 186 – Seed Funding: Angel Investment Criteria, Part 3

SIBP-Blog-NEW-4When you’re pitching your startup to investors, the last thing they want to see is a “solopreneur.” Great companies aren’t built by lone-wolf idea people, they’re built by teams. The more robust and experienced your team, the better the chance that a strategic investment will result in a thriving business and a great return.

In today’s episode of the Success In Business podcast, host and business coach Tom Ryan talks about building the kind of startup team that investors want to see. As always, Tom is joined by co-host and producer Jason Pyles.

• Show opening, and recap of the seed funding discussion thus far

• Recap of Asheville Angels criteria (2:30)

• Why “a good team is a complete team” and a “one-man band can’t do it all” (5:00)

• High-growth versus lifestyle companies (6:00)

• Good and bad examples of teams (7:00)

• Funding-contingent key team additions as a “good use” of funding (10:00)

• Investors look for the ability to execute (11:30)

• “Busy” versus “vibrating” (13:00)

• Any good investor needs to be convinced you have the right team (14:00)

• Next episode: Examples of great teams

• Sign off, and how to contact the show

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