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"Angel" Investors can help your business grow... but be prepared to wow them

12/14/2011

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http://online.wsj.com/article/SB10001424052970204026804577098492659395130.html?mod=WSJ_hpp_MIDDLE_Video_second  This Wall Street Journal Article, "Chasing the New Angel Investors," outlines some of the challenges ahead for small business owners looking to score some quick funding.  It's not enough to have an idea, or even a plan.  You need to have a working plan.  Perhaps you need a prototype, or a soft launch of your website or first store.  Demonstrate that you can bring customers to you, and the money will follow. 

Anytime you consider pitching your idea, however, think of Non-Disclosure Agreements or confidentiality agreements.  If all you have today is a good idea, that idea needs to be protected before you share it with the world! 
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