The Coronavirus has already had a huge impact, and no doubt is affecting the way that you go about your day to day life.
At the Angel Investment Network, as of Tuesday, we have all started working remotely. One of the things that has been on all our minds is how we can best look after our entrepreneurs who have put so much on the line to make their business happen, and are now finding their businesses under real pressure.
Next week, we plan to introduce our Coronavirus Start up Survival Hub, full of practical tips – from accessing emergency funding to minimising business expenditure and applying for grants. In the mean time, we thought that these resources could be of use:
* Times are about to become tough. How can you manage your costs and get ready for a fall in sales? This guide from Seqouia Capital will help founders plan for the Coronavirus.
* Remember that there will be winners and losers. Look at the predictions here, but also keep in mind that there will be opportunities when things pass.
* Look after your mental health: the meditation app, Calm, is offering free mediation videos.
Finally, our upcoming Angel Investment Network and friends event, is becoming a virtual event. More details to follow shortly.
Above all, stay safe – although times are tough, this will pass.
Drummond & The Angel Investment Network Team
The last year has been an important one for the Angel Investment Network – we turned 15 and welcomed new team members, growing the team significantly with a third of our London team joining towards the end of the year.
Whilst 2019 has been a record year for the Angel Investment Network for helping start ups successfully fundraise, we certainly think there are areas that we can still improve.
Over the years, we have built up strong expertise about what startups need to achieve to maximise their chances of success.
- What does an optimal team look like? What advisers should I bring to my business and how much equity should I give them?
- When are you ready to raise a Seed round?
- How do you make sure you are speaking to the right investors and stop wasting time?
But as the Angel Investment Network community has grown, we realised there was more knowledge and expertise held amongst our founders, our entrepreneurs.
And we decided that the time was right to start making the most of that.
So 2020 will be the year that, as well as making hundreds of thousands of connections online, we will start to connect more and people offline too.
Join us for the inaugural Angel Investment Network, Pitch and Pint, at the Duke on the Green in Parsons Green.
Learn about how to improve your pitch. Meet the team and learn from the entrepreneurial community.
Sign up to the Angel Investment Network’s Pitch and Pint.