Bring Your Idea Alive
Picture that situation and let me know when it appears familiar. You’ve met with a possible personal angel investor about your brand-new start-up opportunity. Throughout the conference the individual angel investor told you that the company program “sounded interesting” and they “actually liked the opportunity” ;.They enthusiastically shook your give on the road out the door and you remaining emotion angel investment groups.
Days later you waited patiently by the phone for a follow-up call, but the device didn’t ring. You tested your email, your quick messenger, and your text messages – nothing. The times soon changed into weeks and somehow there is a constant heard a look from these very interested individual angel investors.
The small solution is that nothing gone improper – that’s the way in which personal angel investors work. You see, private angel investors talk a different language that a lot of entrepreneurs have trouble translating. They tell entrepreneurs that they are worked up about a business prospect which entrepreneurs of course take to mean they are ready to invest.
What they actually suggest is they’ve number curiosity about investing in your organization, but they wish to leave the connection on a positive notice in the event they ever modify their mind. It’s like going on a date in senior high school with some body and maybe not technically showing them you’re not involved – in the event one day they develop into Brad Pitt or Angelina Jolie.
The stark reality is that personal angel investors can’t manage to state “no” to any prospect in a primary manner. Many options that move across their home might sound terrible today, but tomorrow they may be the following MySpace or Google. Smart individual angel investors understand that there’s number price in destroying a connection with an entrepreneur just because the offer doesn’t seem sensible today.
This is needless to say absolutely maddening to the entrepreneur. In living we’re applied to experiencing “no” when someone means “no” ;.To produce matters worse, entrepreneurs are so thrilled to obtain their deals funded they often understand anything that isn’t a “heck no” to suggest “yes.”
Personal angel investors have created what I call the “extended no” in to an art form. They’ve found dozens of ways to avoid stating “no” while meaning “no way” ;.The result is a long, roundabout way to share with you “no” without actually expressing it. To assist you understand this method a bit more, allow me to offer you some types of what the “extended no” sounds like
