Chapter
Advice for Aspiring Angel Investors
06:33 - 13:00 (06:27)
The number one advice for people who want to be an angel investor is to not wait till you're rich to do it. You need around 30 bets to have sufficient portfolio diversification to improve your chance of success.
Clips
The speaker shares their experience of getting excited about a startup company, and how they wanted to invest in it, but didn't have millions of dollars to do so.
06:33 - 07:51 (01:18)
Summary
The speaker shares their experience of getting excited about a startup company, and how they wanted to invest in it, but didn't have millions of dollars to do so.
ChapterAdvice for Aspiring Angel Investors
Episode#82 - My Angel Investing Strategy
PodcastMy First Million
Angel investors need a portfolio of at least 30 companies to give themselves a chance to succeed due to the high risk nature of early stage startups, according to this podcast.
07:51 - 09:10 (01:18)
Summary
Angel investors need a portfolio of at least 30 companies to give themselves a chance to succeed due to the high risk nature of early stage startups, according to this podcast. The industry expectations include some companies to decline to zero, while a few may return between one and three times investment.
ChapterAdvice for Aspiring Angel Investors
Episode#82 - My Angel Investing Strategy
PodcastMy First Million
The speaker discusses how to invest in deals as an entrepreneur and shares his experience of setting up such a deal where he didn't have to put in any capital.
09:10 - 11:05 (01:54)
Summary
The speaker discusses how to invest in deals as an entrepreneur and shares his experience of setting up such a deal where he didn't have to put in any capital. He talks about the benefits of being a venture partner and helping other businesses with their investments.
ChapterAdvice for Aspiring Angel Investors
Episode#82 - My Angel Investing Strategy
PodcastMy First Million
The host shares his advice on investing in startups and highlights the importance of not waiting until being rich to start.
11:05 - 13:00 (01:55)
Summary
The host shares his advice on investing in startups and highlights the importance of not waiting until being rich to start. He encourages investing in around five companies a year and recommends emailing him the best startup options with reasons for a good or bad investment and an overall recommendation.