|Questions for Businesses|
|Questions for Investors|
"I have completed my registration and I have to thank you for the questions; just this process alone is worth the fee - I have a much much better understanding of our business goals, and my personal goals - and where I am headed. SD
In two stages we gather your information: Stage 1 asks for your name and contact details and your payment. Stage 2 is a questionnaire to gather the data we need to match the requests of both parties. (Access to the questionnaire is emailed after payment is made.)
Your response to these questions is your chance to impress the angel investor. They will be motivated to phone you for a personal discussion based on what they read.
Please note that investors are never impressed to hear that their funds will be used to retire debt. They want to contribute to business growth and create new revenue, you can retire your debt from your share of profit.
Internet description: - Describe your business as neutrally as possible. We allow up to 50 words. You must remain anonymous, do not use your business name or words that can identify you.
When answering questions place yourself in the other person's shoes and ask: Would I respond with enthusiasm to this information?
If you are a business seeking an angel investor, is your description detailed enough to motivate the investor to pick up the phone to speak to you in person?
Have you listed all the possible ways for an investor to be involved in your business? Some angels want a lot of involvement, some only want regular updates and to give advice as required. Many investors tell me that the entrepreneurs only want their money ... would you be happy with this is you were the investor?
In our manual, "Private Capital for Private Companies" you will find many tips for attracting the right investor.
The website is updated with your profile within an hour of receiving your questionnaire.
The files are immediately matched and within a few days, sometimes within hours, referrals are made.
We supply an enlarged business opportunity description to the angel investor when an opportunity matches their requests and they meet the business's requests. The business receives an email notifying of the referral to the specific member ID. The investor then contacts the business to discuss the opportunity and if both parties agree they arrange to meet to ascertain if there is the possibility of a working partnership.
Both parties provide us with confidential feedback so that we can monitor progress. The feedback also assists us to match files more closely.
Investors also request information about listings, we ensure that there is a match before we forward the profile.
Our personal matching ensures that referrals are made with discretion.Please note:
Testimonial: Hi Christine,
M appears to be the ideal investor for us, I don't think it could get any better! We've agreed to meet in Melbourne to discuss if we wish to take this further. Whatever the outcome, this is a very high quality investor inquiry (way above average) - THANK YOU!!
My apologies for the lack of updates. The company is genuinely moving at about 1 million miles an hour, and we have also enjoyed considerable success in raising capital via our own efforts. I will get an update to you over the weekend.
Despite some early reservations, I think you provide a great service and have been the source of a number of high quality investor inquiries. Regardless of how things develop with M, I will be referring people to you in future.
Kindest regards, T
Read this feedback from a startup business about his meetings with an investor.
Feedback: Hi Christine,
Sorry about the delay in response, things are unbelievably hectic at the moment. Who knew starting a business was so much hard work. ;-)
Update: My potential investor has asked me to provide more information about the inner workings of my proposed business, and is being understandably cautious in his approach.
No actual terms are on the table after 3 meetings and I am working on providing information for him, over the next couple of days.
As I am running to a tight schedule, I would appreciate it if you could keep your eye out for other likely investors, so that I don't have 'all my eggs in one basket'.
My experience with this investor has prompted me to focus on certain areas of the business and provide information that investors require. So if nothing else, it has been a good learning experience and now places me in a much stronger position in terms of how I portray my proposed business.
Thanks and kind regards, A