Haim Toledano: 5 ways to invest in startups
Without a doubt, there are some incredible technological advances that we are to look forward to in our future. From biological implants to travel and home technology. There are technologies that are being talked about that will be a part of our future but what do you do if you want to be a part of that, but don’t have the brains to invent it. You invest. Here are 5 ways in which you can invest in startups.
1) Angel Networks
Angel networks are great because not only do they provide your startup company with investment but they also provide you with the necessary guidance to help improve your company. As well as guidance you could also expect to gain access to their own clients and contact list — as they have invested they will want you to be a success.
2) Getting a grant
There is both a positive and negative aspect to looking for a grant. The negative is that finding a grant which is both suitable to your needs and one that you are eligible for can be quite difficult and therefore time-consuming. The positive is that when you have found a suitable one the money you are rewarded is 100% yours and you do not have to pay it back.
3) Specific Social Networking Sites
Websites like LinkedIn that were created to accommodate those in the professional world are very useful to help you find investors in your startup company. There are even now professional social networking sites that have been set up specifically for the user to gain investors worldwide.
The best thing about crowdfunding is that it enables absolutely anyone to invest in your idea. It does not necessarily need to be an investment tycoon or a large firm to show interest, you can get investors from all sorts of backgrounds including the general public. It is important to note that each crowdfunding website does have a different aim from the next, so make sure if this is your route that the website is for those looking for investors in start-up business’.
5) Incubators and Accelerators
To put it simply this is pretty much like going through a mentorship program. Where in the end you will leave with something that you cannot put a price on when it comes to business. Knowledge. You will receive advice and guidance from incubators and accelerator companies, that will help you in the long run of starting up your company. The mentoring sessions go from presentations to networking events — to help you gain word of mouth. Networking is very important when trying to get the wind beneath your sails for your business.
Creating a startup company can be quite a daunting task considering all you need to get done, and the final risk that you may be taking. Having said that, it is definitely made easier when you know that there are websites and programs in place to help you succeed. Above are just five examples of this but there are more, and they have all been tried and tested.