Entrepreneurs must learn that raising angel funding is not instant, straightforward, nor based on a single pitch meeting. A lack of patience is one of the key reasons startups fail to raise investment.
Not all angel investors are worth hundreds of millions of pounds. Anyone with some spare capital and a desire to invest can become an angel.
Angel investors are not just involved in tech startups, but are drawn to businesses with strong potential.
Investors are increasingly focused on businesses with a clear pathway to profitability, prioritizing solid growth and exit strategies over vanity metrics.
While misconceptions around angel investing can exist, entrepreneurs must approach the fundraising process with a clear understanding of its true dynamics to increase their chances of securing investment.