Episode 14: Stretch Your Wings with Angel Investing
Angel investing can be part wealth building vehicle, part philanthropic endeavor. Many women entrepreneurs are seeking investment dollars, but find themselves coming up against brick walls. Many women investors want to help fund women entrepreneurs, but also want to build a wealth vehicle that will give them investments into thriving high growth potential companies. Without angel investing, both objectives would be harder to meet for women. Today my guest and I will talk about the benefits and challenges, the options available, and the smart ways to make angel investing work for you and help up and coming entrepreneurs.
Listen live or catch the podcast replay below.
Originally aired October 27, 2017
Karen Rands is a nationally recognized expert on angel investing and best selling author of the book “Inside Secrets to Angel Investing, offering a Step-by-Step Guide to Strategies to Leverage Investment in Private Equity for Passive Wealth Creation“. Karen has committed over half of her adult life to helping entrepreneurs succeed by providing strategic services to accelerate their growth and access to capital. She has spent over 10 years investing her own money and educating other investors how to create wealth by funding innovation and job creation. She calls this Compassionate Capitalism and is leading the Compassionate Capitalist Movement.
Karen’s 3 Tips
- Do assessments of what you know and your comfort level. You have to be comfortable with where you’re putting your money. Research the company you’re planning to invest in thoroughly. Make sure you understand the industry, company and/or product. And always do your due diligence on the founder(s).
- Pace yourself because it doesn’t happen overnight. You shouldn’t be jumping into investing without getting proper training. Making investments aren’t guaranteed and you can’t expect a return quickly. Prepare to be all in for at least 5 years.
- Establish criteria for your investment strategies. Don’t start investing without a plan. Understand your risk tolerance, expected ROI, the industry, the market and what you want your portfolio to look like. Stick to your criteria and do not deviate unless you have an absolute solid reason. You can make the occasional exception, but as a rule. stick to your strategy.
In the News
How India’s two largest angel investor groups are fine tuning their funding strategies– https://economictimes.indiatimes.com/small-biz/money/how-indias-two-largest-angel-investor-groups-are-fine-tuning-their-funding-strategies/articleshow/60875196.cms
Right and Left React to the Republican Push to Cut Taxes– https://www.nytimes.com/2017/10/27/us/politics/right-and-left-react-to-the-republican-push-to-cut-taxes.html
- Uber rides into credit card market with no-fee credit card– http://www.chicagotribune.com/business/ct-biz-uber-barclays-credit-card-20171027-story.html
Amazon quietly gets approval for wholesale pharmacy licenses in multiple states– http://www.chicagotribune.com/business/ct-biz-amazon-pharmacy-licenses-20171027-story.html
Amazon is shaking up the healthcare industry with it’s latest move. hey’ve gained approval to become a wholesale distributor of pharmaceuticals. They have received approval for a wholesale pharmacy license in 12 states.
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Adrienne Graham is the Founder of Mogul Chix (www.mogulchix.com), a global company and community for female founders and women entrepreneurs. She works with female-founded companies to grow, scale & making them investment ready. She is a growth strategist for high growth companies. She provides Strategic Business Growth consulting services to companies with high growth potential to assist clients in creating processes and strategies to effectively scale, run, grow and position their business for success. Adrienne is an author, serial entrepreneur and avid techie dedicated to promoting inclusive diversity in the tech, VC and startup community. She is steadily building her empire one company at a time. She is also a Mentor for the Straight Shot Accelerator in Omaha, NE, which helps guide startups into successfully launched ventures.