Life Lessons From A Serial Entrepreneur
In this Serenity Now for Entrepreneurs episode, The Serenity Sisters sit down with Tatsuya ‘Tats’ Nakagawa, CEO at Castagra and host of the Roofer Reflections & Specified Growth Podcast. We [...]
Vik Khanna, an angel investor for 15 entrepreneurs (to date), sits down with the Serenity Sisters to talk about what is an angel investor?
They discuss;
- An angel investor will typically help entrepreneurs with a great idea by providing the money needed to make a Minimum Viable Product.
- Angel investors bet on the entrepreneur more than the basic idea, which is why it is a high risk but ultimately rewarding.
- Angel investors usually have smaller stakes, so their investment will not come with preferential shares or treatment.
In addition to finding angel investors, Vik and the Serenity Sisters explore other ways to get funding when you have a great business idea.
- Bootstrapping: getting money from your customers.
- Friends & Family: reaching out for start-up cash from close connections
- Venture Capital: a more significant investment to help grow the business
This insightful episode is full of helpful tips for entrepreneurs exploring funding options.
Vik Khanna is the founder of the TiE Young Entrepreneurs (TYE), a Global Program fostering future generations of entrepreneurs by teaching high school students the rewards and challenges of becoming an entrepreneur. Find out more about the program at the links below.
