Communicating With Members

Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing.

In running an angel group, it’s important to communicate your membership criteria and organizational structure to prospective members.

The website and associated documents should make clear not only the membership criteria, but also the process to become a member, and how the group is structured.

It also should make clear the process for membership application, acceptance, onboarding, and annual renewal.

The website and documents should include the following:

1. Key people who lead committees such as deal flow screening, diligence process, new member recruiting, and other important functions. 
2. Membership application and process to apply, including time frames for approval.
3. Membership fees and other criteria for membership, such as minimum number of investments or number of led deals per year.
4. Rules of conduct and membership agreements that members must sign.
5. Schedule of events for the coming twelve months.

In addition to the website, members should have the opportunity to attend a meeting to learn more about the group.

Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.

Let’s go startup something today.
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Check out our other podcasts here: https://investorconnect.org/ 
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On this episode of Investor Connect, Hall welcomes Philip Webb, Managing Director at Investors In Community Limited (IIC).

Headquartered in Chesterfield, Derbyshire, England, and founded in 2015, Investors In Community Limited is a for-profit company operating a B2B SaaS platform, providing businesses with the measurement and verification tool for all community support and giving. As social value becomes monetised by way of tender and supply chain requirements, investor expectations, staff attraction and retention, and customer choices based on perceived responsibility of the business supplier, it has become necessary to create an independent system to measure, manage, track, verify and report. Spreadsheets are no longer acceptable as a means to report authentic activity. IIC was written as a bespoke platform, using an IBM software house to create a hyper-ledger blockchain platform hosted with IBM. This provides robust, trusted, and scalable systems for ultimate overseas expansion.

Phil started his career working for IBM UK as a hardware specialist. He established a hardware/services business in 1990, growing to over £6.7M and selling on in 1996. Since set up, he has merged and sold 5 SME businesses in the areas of software development, training, and business consultancy.

In 1996, Phil was elected Chamber President, and in the same year, represented SME businesses in the CBI Regional Council.

Phil has published three business books, leading to university lecturing about rapid change management, and is the legal custodian of the research from the Stanford University of the SWOT Analysis.

Phil discusses how he sees the industry evolving and its growth rate, some of the challenges in starting a business in this space, and he explains community credits.

You can visit Investors In Community Limited at www.investorsincommunity.org, via LinkedIn at www.linkedin.com/company/investors-in-community/, and via Twitter at https://twitter.com/IICTweets.  

Phil can be contacted via email at philip.webb@investorsincommunity.org, and via LinkedIn at www.linkedin.com/in/philipwebbtam/.   
________________________________________

For more episodes from Investor Connect, please visit the site at: http://investorconnect.org  

Check out our other podcasts here: https://investorconnect.org/ 
For Investors check out: https://tencapital.group/investor-landing/ 
For Startups check out: https://tencapital.group/company-landing/ 
For eGuides check out: https://tencapital.group/education/ 
For upcoming Events, check out https://tencapital.group/events/  

For Feedback please contact info@tencapital.group   

Please follow, share, and leave a review.

Music courtesy of Bensound.