Stuck in a Rut? Try the Experts
Image this scenario and i’d like to know if it appears familiar. You’ve met with a possible individual angel investor about your start-up opportunity. Through the conference the individual angel investor informed you that the company program “sounded interesting” and they “actually liked the opportunity” ;.They enthusiastically shook your hand on the road out the doorway and you remaining feeling angel investment groups.
Days later you waited patiently by the device for a follow-up contact, but the phone didn’t ring. You checked your e-mail, your quick messenger, and your texts – nothing. The days soon turned into months and somehow you never noticed a peep from those very interested private angel investors.
The small solution is that nothing went improper – that’s the way individual angel investors work. You see, personal angel investors speak a different language that most entrepreneurs have trouble translating. They tell entrepreneurs that they’re worked up about a business opportunity which entrepreneurs of course try suggest they are ready to invest.
What they really suggest is that they have no interest in buying your organization, but they want to leave the partnership on an optimistic note in the event they ever change their mind. It’s like going on a romantic date in high school with someone and maybe not basically telling them you’re perhaps not involved – in the event 1 day they develop into Brad Pitt or Angelina Jolie.
The simple truth is that private angel investors can’t manage to state “no” to any opportunity in a primary manner. Most options that pass through their door may appear bad nowadays, but tomorrow they are often another MySpace or Google. Clever individual angel investors know that there’s number price in damaging a relationship having an entrepreneur just because the offer doesn’t sound right today.
This really is obviously entirely frustrating to the entrepreneur. In life we’re used to reading “no” when some body indicates “no” ;.To create issues worse, entrepreneurs are so excited to get their discounts financed they usually comprehend something that isn’t a “heck no” to suggest “yes.”
Individual angel investors have created what I contact the “long no” in to an art form. They’ve found lots of methods to prevent stating “no” while meaning “number way” ;.The effect is really a extended, roundabout way to inform you “no” without really saying it. To help you understand this method a bit more, i’d like to offer you some types of what the “long no” sounds like
