Investor Connect Podcast

Best Practices for Running an Angel Network

For running an angel group, here are some best practices to consider:

1. Build processes and programs. The second time you say something put it into an email template, a procedure document, or a website and make it a part of your program.
2. Create an ideal investor profile and incorporate the content into your website, emails, and documents. 
3. Create an ideal startup profile and use it in your deal flow process.
4. Set up the calendar of events and meetings at the beginning of the year and let everyone know the dates and times.
5. Establish deadlines for startup applications, investor diligence reports, and more so you can manage the progress.
6. Create a set of template emails for managing the deal flow process from start to finish.
7. Create an onboarding program for new investor members.
8. Create an angel investing introduction program that is self-paced to provide the basics of startup investing to new investors.
9. Build three solid deal flow sources that you can go to find quality deals.
10. Establish a standard term sheet to use with startups that have no lead investor.
11. Establish an advisory program to help startups that need more than just funding.  
12. Set up a portfolio system for tracking investments made so you can report aggregate results both internally and externally.
13. Establish a brand with a logo, mission, and mantra and use it consistently in all communications.

By creating processes and programs, you can better manage the startups, investors, and diligence work that must be done.


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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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   

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Music courtesy of Bensound.

Direct download: Best_Practices_for_Running_an_Angel_Network.mp3
Category:general -- posted at: 6:00am CST

On this episode of Investor Connect, Hall welcomes Peter Lazaroff, Chief Investment Officer at Plancorp, host of The Long Term Investor Podcast, and author of Making Money Simple.

Headquartered in St. Louis, MO, Plancorp is a financial services firm and registered investment advisor founded in 1983. Since then, they’ve worked tirelessly with individuals, families, and businesses with financial complexity to meet their goals more effectively and feel confident in their financial future.

Over their 38 years in business, they’ve committed themselves to absolute transparency.

Plancorp manages over $6 billion for individuals and families across 44 states. As a comprehensive wealth management firm, they specialize in advanced tax planning and equity compensation planning for executives and business owners. 

Peter is the author of “Making Money Simple” and a regular contributor to The Wall Street Journal and Forbes. In each of the past four years, Investopedia has named Peter one of the Top 100 Most Influential Advisors, and in 2021 he was ranked #10 overall.

Peter advises startups and investors and discusses his new book. He shares with Hall the inspiration behind it, the primary audience, the most important takeaway, and more.

You can visit Plancorp at www.plancorp.com/, and on LinkedIn at www.linkedin.com/company/plancorp-llc/.

Listen to Peter’s podcast, The Long Term Investor, at https://peterlazaroff.com/podcast/.  

Purchase “Making Money Simple: The Complete Guide to Getting Your Financial House in Order and Keeping It That Way Forever”, at www.amazon.com.

Reach out to Peter at peter@plancorp.com, on his website www.peterlazaroff.com, on LinkedIn at www.linkedin.com/in/peterlazaroff/, and on Twitter at www.twitter.com/PeterLazaroff.  

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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.

Direct download: Peter_Lazaroff_of_Plancorp.mp3
Category:general -- posted at: 6:00am CST

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