Comments on: Calling all the angels http://outthink.co.za/index.php/2010/01/calling-all-the-angels/ The search is on... Fri, 20 Aug 2010 18:38:13 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: Darren Gorton http://outthink.co.za/index.php/2010/01/calling-all-the-angels/comment-page-1/#comment-538 Darren Gorton Tue, 02 Feb 2010 20:54:08 +0000 http://outthink.co.za/?p=1134#comment-538 Great point Marc. This is perhaps difficult to do with smaller companies or where the angel is already committed toa number of projects/companies, but certainly a great advantage where its possible. Great point Marc. This is perhaps difficult to do with smaller companies or where the angel is already committed toa number of projects/companies, but certainly a great advantage where its possible.

]]> By: Marc Ashton http://outthink.co.za/index.php/2010/01/calling-all-the-angels/comment-page-1/#comment-519 Marc Ashton Tue, 02 Feb 2010 16:15:51 +0000 http://outthink.co.za/?p=1134#comment-519 Fair enough point about the time. I think sometimes experience and knowledge is something that up-start entrepreneurs forget about in their race to get their hands on cash. Cash in the wrong hands is useless - I know the moment I had any money I blew it. When I had nothing and was forced to innovate and start relying on other peoples' know-how suddenly I knew how I started to learn stuff. In a lot of ways I regret blowing all my start-up cash and not having a guiding hand along the way. Fair enough point about the time. I think sometimes experience and knowledge is something that up-start entrepreneurs forget about in their race to get their hands on cash.

Cash in the wrong hands is useless – I know the moment I had any money I blew it. When I had nothing and was forced to innovate and start relying on other peoples’ know-how suddenly I knew how I started to learn stuff.

In a lot of ways I regret blowing all my start-up cash and not having a guiding hand along the way.

]]> By: Marc Ashton http://outthink.co.za/index.php/2010/01/calling-all-the-angels/comment-page-1/#comment-539 Marc Ashton Tue, 02 Feb 2010 16:05:53 +0000 http://outthink.co.za/?p=1134#comment-539 Good post.<br><br>I think the only thing I would add to this is that Angel investors should try and stay involved in the business they are funding or install their own mentor.<br><br>In a lot of cases they have "been there and done that" and this experience can be critical for other start-up entrepreneurs who are playing with their funds. Good post.

I think the only thing I would add to this is that Angel investors should try and stay involved in the business they are funding or install their own mentor.

In a lot of cases they have “been there and done that” and this experience can be critical for other start-up entrepreneurs who are playing with their funds.

]]> By: Darren Gorton http://outthink.co.za/index.php/2010/01/calling-all-the-angels/comment-page-1/#comment-518 Darren Gorton Tue, 02 Feb 2010 15:54:08 +0000 http://outthink.co.za/?p=1134#comment-518 Great point Marc. This is perhaps difficult to do with smaller companies or where the angel is already committed toa number of projects/companies, but certainly a great advantage where its possible. Great point Marc. This is perhaps difficult to do with smaller companies or where the angel is already committed toa number of projects/companies, but certainly a great advantage where its possible.

]]> By: Marc Ashton http://outthink.co.za/index.php/2010/01/calling-all-the-angels/comment-page-1/#comment-517 Marc Ashton Tue, 02 Feb 2010 11:05:53 +0000 http://outthink.co.za/?p=1134#comment-517 Good post.<br><br>I think the only thing I would add to this is that Angel investors should try and stay involved in the business they are funding or install their own mentor.<br><br>In a lot of cases they have "been there and done that" and this experience can be critical for other start-up entrepreneurs who are playing with their funds. Good post.

I think the only thing I would add to this is that Angel investors should try and stay involved in the business they are funding or install their own mentor.

In a lot of cases they have “been there and done that” and this experience can be critical for other start-up entrepreneurs who are playing with their funds.

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