In this episode, Ellen Weber provides insight into the mind of an angel investor. Ellen is the Executive Director of Robinhood Ventures, an angel investment group that has been investing in early-stage, high growth startups since 1999.  As a founding member of Robinhood Ventures, she has over twenty years of entrepreneurial experience from starting her own businesses to helping almost 90 companies get started themselves. Sam and Ellen’s conversation highlights how to stand out to angel investors, when to raise capital, and the successful traits and common mistakes of entrepreneurs.

Time Stamps:

Intro [0:17-1:50]

The motivation behind Robinhood Ventures [1:50-5:42]

Understanding how angel investors think [5:42-9:55]

How to stand out to investors [9:55-12:06]

Making monetary assumptions when starting a venture [12:06-17:08]

Finding balance between doing it yourself and getting support [17:08-18:59]

When to raise capital [18:59-21:36]

Mistakes entrepreneurs make [21:36-22:40]

Milestones to set when starting a venture [22:40-25:45]

Why hiring your first salesperson is difficult [25:45-27:01]

Final advice for entrepreneurs from an investor perspective [27:01-27:48]

Conclusions [27:48-28:32]

Links:

www.facebook.com/elleneweber

www.robinhoodventures.com

www.boostpoint.com