
The twelfth episode of Angel Impact is about the most important quality we look for in entrepreneurs we are considering for investment: coachability.
In this episode you will learn about:
1. Why the entrepreneur’s level of coachability is the very first component of the WRBA’s due diligence process
2. The three character traits Jeff and Leon look for in an entrepreneur they are considering for angel investment
3. Why the entrepreneur’s level of coachability must be determined BEFORE performing the opportunity analysis (OA)
4. Some of the ways we feel out coachability in entrepreneurs we are considering for investment
5. Why it’s important to be the dumbest person in the room
6. The 2 areas Leon looks for to determine the coachability of an entrepreneur
7. A story from Jeff and Leon’s past that illustrates the practical fruits of coachability
8. Why angel investment money is “smart” money
9. Why the angel investing process is ALL about spotting and quantifying opportunities in investment companies
10. Why it’s harmful for entrepreneurs to “eat the whole elephant”
11. The one thing that coachability comes down to for entrepreneurs
12. Why it’s actually easier for entrepreneurs to approach angel investors acknowledging that they don’t know everything instead of acting like they do
13. One thing Jeff hasn’t yet seen in all his years working with entrepreneurs
14. Other strategic relationships it is important for entrepreneurs to develop in order to achieve success with their companies
Angel Impact is the official investment podcast of the Wisconsin River Business Angels (WRBA) To join the Wisconsin River Business Angels so you can provide capital and mentoring to more great companies visit our website at www.midwest wealthventures.com and our Facebook page at https://www.facebook.com/WRBAngels