For those who watched the first season of Angel’s Gate, you’ll know that being an entrepreneur pitching business ideas, pleading for angel investors to give you that much-needed funding isn’t easy. And sometimes, downright humiliating when the contestant was caught off guard or unprepared for the questions the four judges threw at them.
However, hard work, a sharp presentation and knowing the ins-and-outs of your business will get you somewhere. Take John Fearon, founder of Dropmysite, for example.
“The funding we received after the show helped me grow the business and we now have 670,000 signups for our two websites www.dropmysite.com and www.dropmyemail.com,” says Mr Fearon, who appeared in episode eight of the show. Watch all episodes here. (LINK: http://www.youtube.com/user/AngelsGate )
Want a slice of the money too? Then you can sign up for season two of the program which offers various ways to get funding for your project including $250,000 in grants and cash, and of course, appearing on TV to give your business even more exposure.
Before submitting your idea though, read these dos and don’ts from Ko Tze Shen, the executive producer of Angel’s Gate, who’s also the founder and director of Flexo Gaming, a research and development company. Not ready to take the plunge? Then keep these tips in mind for when you’re facing down potential investors.
But, as with any relationship that didn't really pan out, you have to pick yourself up, learn from past mistakes and move on to the next big adventure. Come out of every experience stronger and better than ever before.
Submissions for season two of Angel’s Gate is now open. Log on to angelsgate.com for more information.