DELIVERABLE - BUSINESS ANGEL PLAN
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Personal strategic action plan to become a good BUSINESS ANGEL
The aim of this deliverable is to help people who want to start investing as a Business Angel, by developing a personalised strategic plan with the help of advice from the best Lead Investors.
- For the first 30 days, Business Angels enrolled in the Business Angel School must reflect on strategic points using advice from other investors in the form of TIPs. Each day, they will have to write their reflections in this document and, for this, they will be able to use the advice of the best investors that they will receive.
- In the second month, they will be invited to carry out practical exercises and group tasks, accompanied by other investors, in order to execute and improve the Business Angel Plan.
The idea is that they have a good written document that can be easily shared with a Lead Investor and other investors who, thanks to their experience, will give feedback and provide further advice to improve the plan, increasing success and reducing investment risks.
True to the Google Sprint success methodology, we recommend these steps to launch a successful investment in just five sprints:
- Preliminary thoughts: What am I going to invest in?
- How to start investing. Objective Diversify.
- Discovering investable startups.
- Preliminary steps to investing well.
- Tracking and exit (exit and collection profitability).
PRELIMINARY THOUGHTS
- Why do I consider it interesting to invest in startups (see+).
- In which alternative investments will I invest my savings (see+).
- What returns can I get from investing in startups (see+).
- Am I sure that I have the profile to be a business angel? (see+).
WHAT AM I GOING TO INVEST IN?
- How much equity in each start-up (see+).
- Where? Startups located in... (see+).
- Sectors? Startups from the sectors (see+).
- How innovative are start-ups (see+).
- Technology degree?
HOW DO I START INVESTING?
- Which path do I choose to start investing in startups (see+).
- How can I avoid the most common mistakes made by amateur Business Angels (see+).
- Am I clear about the risks of investing in startups (see+).
HOW CAN I DIVERSIFY AND GO BEYOND 20 INVESTMENTS?
- How am I going to diversify the portfolio? How many startups over how long? (see+).
- How to finance a start-up (see+).
- What round does each type of investor fall into (see+).
- How are you going to attract the best startups (see+).
DISCOVER INVESTABLE STARTUPS
- First the Pitch; what do I have to like about a Pitch (see+).
- What do I need to analyse for each startup (see+)?
- Market size (see+).
- Promotion team (see+).
- Scalability (see+).
I ALREADY LIKE A STARTUP. STEPS BEFORE INVESTING
- What do you have to request from each startup? Request Deliverables (see+).
- How to do due diligence on the start-up (see+).
- What metrics do you need to analyse for each startup (see+)?
- Ticket. How much money do I put in (see+).
- Price. How do I value the start-up (see+).
- Do I know any lead investors (see+).
- How do I enter the startup (see+).
- What do I have to negotiate? Partner Pact Agreement (see+).
MONITORING YOUR PORTFOLIO. EXIT
- What can/should you bring to each startup in your portfolio? To what extent will you commit (see+).
- Which startups in my portfolio will I invest in again (see+).
- EXIT: How am I going to get out and make a profit (see+)?
DOWNLOAD THE DELIVERABLE HERE
ARE YOU INTERESTED IN INVESTING AS A BUSINESS ANGEL? (see EBOOK)
Register for the Business Angels School mentorDay, where you will practice with all the tools and concepts to make money investing in startups.
ARE YOU A STARTUP LOOKING FOR PRIVATE FUNDING? (see+ EBOOK)
Sign up for the Acceleration Programme (+) mentorDay in order to gain access to a Business Angel by participating in the CoInvest.