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#71927 - 06/28/06 09:06 AM angel investors
Stacy M. Offline
Member

Registered: 09/27/05
Posts: 58
Loc: New Albany, Ohio
Hi all! I've been away for ages ... yikes!
I'm putting my home coaching biz on hold since becoming the "president" of the new biz started with my hubby.

He's been in fast food his entire career and has developed a fast casual pizza concept. I'm excited to be on the ride with him since I opted out 7 years ago with his Little Caesars franchise that went down the tubes. Oops.

I'm searching the internet for angel investors to finance our idea. Does anyone have suggestions on a direction to take? Thanks!

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#71928 - 06/28/06 09:47 AM Re: angel investors
Dancing Dolphin Offline
Member

Registered: 03/06/06
Posts: 2529
Loc: Southern California
Hi Stacy,
Nice to meet you; I joined a few months ago. I've never heard of angel investors - do people actually give (loan..or?) money to new business startups? What's the catch?

Thanks,
Kathy

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#71929 - 06/28/06 10:54 PM Re: angel investors
Stacy M. Offline
Member

Registered: 09/27/05
Posts: 58
Loc: New Albany, Ohio
Hi Kathy,
An angel investor is an individual who invests in start up companies for hope of a high return on their money. Instead of investing in the stock market or mutual funds, Angels take high risk investments with new companies.

So, yes, it's like a loan. Maybe you've heard of venture capitalists? They do the same thing, but with higher dollar amounts ... usually $500k - millions.
Angels deal in smaller amounts requested by startups...typically under $250k.

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#71930 - 06/30/06 02:30 AM Re: angel investors
chatty lady Offline
Writer

Registered: 02/24/04
Posts: 20267
Loc: Nevada
Advertise in the Financiasl papers. Just say looking for investors send email/or address for information etc. Have some brochures explaining the concept and send them one....We have many such investors here in Vegas.

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#71931 - 07/07/06 02:57 AM Re: angel investors [Re: chatty lady]
Stacy M. Offline
Member

Registered: 09/27/05
Posts: 58
Loc: New Albany, Ohio
Thanks for the info, Chatty!
_________________________
Blissfully Yours,
Stacy

Love Where You Live with a Home Coach.
http://www.BloomsnBliss.com

Discover the Better Homes and Gardens Collection exclusively through Home Interiors & Gifts.
http://www.homeinteriors.com/stacymackey

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#71932 - 07/08/06 12:42 PM Re: angel investors [Re: Stacy M.]
Dotsie Offline
Founder

Registered: 07/09/08
Posts: 23647
Loc: Maryland
I am such a loser when it comes to this financial jargon. That is one area I need to learn more...among many others.

Thanks for the explanation.
_________________________
Founder Emeritus of Boomer Women Speak and the National Association of Baby Boomer Women.
www.nabbw.com
www.boomerwomenspeak.com


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#71933 - 07/15/06 01:23 PM Re: angel investors
Dianne Offline
Queen of Shoes

Registered: 05/24/04
Posts: 6123
Loc: Arizona
Stacy, have you tried SBA? It also pays to know people who know people, who know people who have money they want to invest. Networking.

Good luck on this new adventure! It takes guts.
_________________________
If it doesn't feel good, don't do it twice.
www.eadv.net



Boomer Queen of Shoes

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