An Intro to Angel Investing - Tom McKaskill
Resource Content
An Introduction to Angel Investing - A guide to investing in early stage entrepreneurial ventures
Dr. Tom McKaskill
Breakthrough Publications, 2009, Australia (279 pages, 1.1MB)
Designed to help high net worth individuals become successful Angel Investors. Angel investing involves active mentoring and coaching of an early stage management team towards a successful exit or additional funding, probably from a venture capital firm. This book sets out a comprehensive and rigorous process which will help the Angel generate deal flow, evaluate investment proposals and manage the investment and subsequent harvest. The book also provides a useful guide to managing operational risks in the venture.
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Many high net worth individuals are reluctant to invest in early stage entrepreneurial ventures because they are unsure of how to evaluate the investment or to manage their involvement. Even those that do undertake a limited number of investments are unsure how to best structure the deal or when to intervene to ensure their investment is protected. This book sets out:
- - The role that Angels play in early stage ventures
- - How they should generate a deal flow
- - The manner in which they should evaluate potential investments
- - How Angel Funds and Angel Networks work
- - The contribution Angels should make to their investee firms
- - How they should structure the investment deal
- - How to develop a viable exit strategy
- - The role of professional advisors
- - Guidelines for operations risk management
Successful Angels know that investing in entrepreneurial ventures is more than just providing finance. There is an active involvement of the Angel in all aspects of the business. Successful Angel investing is active investing which requires the Angel to find the right investments to suit their personal knowledge, time and interests. Angel investors enjoy what they do but they also understand the risks involved. Those risks are substantially reduced with a systematic approach to the selection, management and harvesting of their investments.
An Introduction to Angel Investing shows how significant wealth can be achieved by private individuals through investments in high growth early stage entrepreneurial ventures.
Most wealthy individuals mistakenly believe that Angel Investing is beyond their means or outside their range of experience, but with the emergence of Angel Networks and Angel Funds, the majority of wealthy individuals can now participate in this class of investment.
Chapters:
1. Business Angels make a difference
2. An Angel profile
3. Sources of Private Equity
4. Your Angel activity profile
5. Strategic vs. Financial investments
6. Build a pipeline
7. Evaluating possible investments
8. Entry and exit considerations
9. Agreeing the investment
10. Managing your investments
11. Conclusion
A. Awareness and Alignment index
B. Venture Potential Index
C. Operations Development index
The Author:
Dr. Tom McKaskill, CPA
Global serial entrepreneur, consultant, educator and author, Dr McKaskill has established a reputation for providing insights into how entrepreneurs start, develop and harvest their ventures. Acknowledged as the world's leading authority on exit strategies for high growth enterprises, Dr. McKaskill provides real world experience with an educator's talent for explaining complex management problems that confront entrepreneurs. Recently retired from the Richard Pratt Chair in Entrepreneurship at the Australian Graduate School of Entrepreneurship, Dr. McKaskill is the author of a range of books for entrepreneurs covering such topics as new venture growth, raising venture capital, selling a business, acquisitions strategy and angel investing.
Contact: info@tommckaskill.com