Arron’s Blog

Lately, I have been talking to a lot of angel investors about Localcents. The importance of being able to quickly determine each investor’s intent, interest level and motivation is becoming clear to me. I’ll admit, when it comes to raising capital, I am a rookie . However, I have noticed that there are two basic types of prospective investors. There are those who feel compelled to subject you to a pedantic self-indulgent ego-driven inquisition and then there are those who are legitimately interested in learning about your company. Both have money to invest, but, in my opinion, only one of them is a true investor. On the surface it is hard to tell the two apart, but dig a little deeper and the differences become blatantly apparent. The type of questions asked by each differ greatly; no doubt because they are motivated by a different core. One will enjoy picking your company apart to no particular end, while the other, even when supplying you with harsh criticism, will still manage to inspire you. In my limited experience, the more successful investors seem to be good at leaving their egos at the door. Funny how that works!