DillonDetwiler40

If you're an emerging firm with the subsequent excellent item, at times you require an angel on your side. A study by the University of New Hampshire's Center for Venture Research showed that "angel investors" - high-net-worth folks prepared to invest in entrepreneurial firms at an early stage - shelled out more than $18 billion into early-stage organizations last year alone, compared to $304 million by venture capitalists. Finding an angel investor, however, is not an simple process. Safer Smokes Inc. is one business that understands the challenge of attracting the right investors. This development-stage organization is tapping the smoking cessation market with a distinctive tobacco-free of charge, nicotine-cost-free smoke named Bravo, which has the appearance of a standard cigarette and burns like tobacco, but is really created from lettuce fibers. "Bravo lets you smoke your way out of the tobacco habit steadily," mentioned Puzant C. Torigian, chief executive officer of Safer Smokes. For organizations like Safer Smokes, it may be also soon to strategy big venture capital firms, but time to move beyond networking with household and buddies. Angel investors to the rescue. "The challenge for raising capital in today's industry is in harnessing the courage and vision of the angel to see via to the genuine investment opportunity," mentioned Torigian. So how do companies like Safer Smokes attract their angel? Most angel investors favor companies that are likely to show positive cash flow within their first 18 months, so getting these sorts of statistics about your market place can be an incentive.
 * Have a clear-cut target industry for your product or service. For instance, Safer Smokes is targeting the smoking cessation industry, which has sales approaching $10 billion per year, up from $6 billion just 3 years ago.
 * Match the business strategy objectives to the angel's threat tolerance. Investors want to know the item or service will be exclusive and well-cultivated. Safer Smokes has a patented resolution that organization officials say will "impact the landscape of the health care business." idea angels