Angel network management challenges

[Teemu Semi]

A dedicated topic for Angel network management challenges

[Olivier Bisserier]

Hello,
I’m interested in identifying best practices related to the recruitment of new members to angel investing. Any suggestion to target specific groups? Any way to invite them to our network to showcase our capabilities? Some other ideas?
Thank you
Olivier

[Jacopo Losso]

Hi Olivier, thank you for your question!

Recruiting members is a fundamental activity for any angel network, new or already active since years. Some practical advice can be:

Prior to recruiting new potential members, the group’s structure
should be decided and a new member recruitment document should be developed to enable a
crisp and compelling “ask”. Keep in mind that from experience:
1. The majority of recruitment is still being done through personal networks and word of mouth
2. Encourage your current members to bring at least 2 guests per year to a meeting
3. Technology like LinkedIn, websites, and twitter can expand the organization’s reach
4. Participate in local entrepreneurship events
5. Network with local service provides: accountants, lawyers, wealth managers as they are also relevant for recruitment of new members.

Hope this help and let us know if you have any further questions!

Jacopo

[Olivier Bisserier]

Thanks Jacopo. This is very helpful.Any example of such a compelling document? Maybe some outlines of its content? Thank you. Olivier

[Ismar Lacevic]

Hi Olivier, here are three examples of EBAN Members’ value proposition to investors that want to join their club:

1. https://www.sictic.ch/investors/
2. https://www.litban.lt/for-investors/
3. https://danban.org/en/ansoeg-om-medlemsskab/

• This reply was modified 2 months, 1 week ago by Ismar Lacevic.

[Jacopo Losso]

Hi Olivier! Let us know if you’d like us to review a draft of your value proposition to new angel members, happy to do so! 🙂