7 Common Mistakes Made by Angel Investors

As the head of Angel Investment Network, I’ve had the chance to speak with a lot of angels over the years.  When discussing their experiences, some things kept coming up again and again…

1) Not looking at enough deals

Make sure you look at as many investment opportunities as possible.  The more business plans you read, the more likely you are to find the one that pushes all the right buttons.  It also lets you  notice industry trends and see if any competitors and emerging.  Last year I read about 50 plans about wind turbines, who all claimed to be the best.  You quickly realize that there are so many new players fighting for market share that it would be a very difficult call to make in terms of making an investment. Professional venture capitalists expect to look at 100 companies for every investment they make, so you should join several angel groups to make sure you see as many deals as possible. read more