- October 4, 2021
- Posted by: Roger Walker
- Categories: Business strategies, Finance & accounting
Angels and entrepreneurs network is an online community that allows investors to meet with startups who need funding. Most of the ideas are new, creative, high-tech products or services. From mobile apps to websites, there are all kinds of things on offer at this website. You can buy shares in startup companies before they ever even become a company, and in some cases, before they have any products made.
Is angels and entrepreneurs network legit?
This is a question that often comes up about online business opportunities. The truth is, I cannot tell you for certain if it’s legit or not. I can’t watch over your shoulder and make sure you don’t get scammed. For all, I know there could be a thousand people reading this saying, “I’m going to become a millionaire with angels and entrepreneurs network,” but there could be one person who actually does it. I wish I knew, but I can’t predict the future. Read now: How to make money after a hurricane?
Angels and entrepreneur’s networks might be a scam, or it might not; we really don’t know for sure since we’re not the ones behind it. What we do know is that it has nothing to do with the “big business” opportunity presented to you on television. Just because it has a website doesn’t mean it’s an online business opportunity. It could be a standard eCommerce store like the ones you find on eBay.
I recommend doing your research before deciding if the angels and entrepreneurs network is for you or not. Make sure that whatever opportunity you get into it’s going to be a good fit for your personality and the amount of time you have available. If you’re not interested in now, then I don’t think the angels and entrepreneurs network is going to change that. There are other business opportunities out there that will suit you better. Take a look at those instead!
How does an angel network work?
According to the angels and entrepreneurs network website, “angels are high net worth individuals who invest in startup businesses with potential.” So basically, they provide the funds needed for someone to launch their own business. The person looking for funding comes up with what is called an investment proposal. This also includes information about the company itself, the management team, and so on. This proposal is sent to all the angels in the network, who then review it and decide if they want to invest or not.
There are various levels of investment opportunities available. If you’re just starting up, you might only need $1,000 for some operating costs while you’re getting everything organized. On the other hand, if you have a product ready to be sent out to investors, you can ask for as much as $100,000.
If angels and entrepreneurs network is not legit – What’s the alternative?
Well, that depends on what your plan was in joining this community in the first place. If you’re looking for funding from high net-worth individuals, there are other networks out there. You could try contacting some local business owners directly. If you’re looking for funding to create your own product or service, then you should be more patient and wait for the right opportunity to come along.
In conclusion, the angels and entrepreneurs network might be legit, or it might not. There are plenty of opportunities out there if you aren’t interested in this one, so do your research on the alternatives before making a decision.