Questions

Hi there, thanks for taking the time to read my question. I have a start-up, whose product is a marketplace that allows college applicants (primarily, high school students) to get 1-on-1 coaching from current college students. My product offers affordability and accessibility of high-quality help to students, many of whom go through immense stress while applying for colleges. My start-up has product-need fit, but not product-market fit. I started this with my friend last August, but he has since quit for personal reasons. But I am going full steam ahead, and putting all my savings (and borrowed money, which I know is not a good idea) into developing a proper web app for my MVP Version 2! With a few new features, I believe this time I can achieve Product-Market Fit ("PMF"). But my road to achieving PMF will be hamstrung if I don't have money to either 1) continue going; or 2) have to scale down my go-to-market efforts, which will only hurt the product achieving PMF. I really would like to start connecting with investors (angels, preferably) to ask advice, but hey - I don't mind if they wanna invest cuz they love the idea, right? ;) One Clairty mentor I spoke to said "If you want to ask for money, ask for advice." Frankly speaking, that is exactly what I want to do! Thank you so (so) much for taking the time to read my question. I appreciate your help. Wishing you all the best for you and your loved ones.

In most cases, you need to be referred to an angel investor. So, to find angel investors you need to get to know the right person, which means immersing yourself in your local business and social community. Focus on business owners – as these are the people who might be or become angel investors themselves or know an angel investor. While there are some angel investors who invest entirely on their own, many operate as part of an informal network or syndicate where they can pool their resources and share the risks.
You can read more here: https://www.thebalancesmb.com/how-to-find-an-angel-investor-2948107
Besides if you do have any questions give me a call: https://clarity.fm/joy-brotonath


Answered 3 years ago

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