Not long ago, the sky seemed like it was falling. The Dow dropped to an annual low of 6,547 and the media was forecasting more and more gloom. And those familiar with the venture world were saying that funding was near impossible.
Fortunately, at that same time, the optimists were saying that it was a great time to start or grow a company. And even get funding.
And they were right!
In fact, according to the newest released study by the Center for Venture Research, in the first half of 2009, 140,200 private angel investors funded new and growing companies.
Now, I want to let you in on an extremely important fact -- well less than 1% of these private angel investors are on any sort of list of angel investors that anyone might be trying to sell you.
In fact, most of these 140,200 individuals didn't even consider themselves to be angel investors. But, when discovered and approached correctly, they have the means and ability to invest, and do! (the key is having the knowledge to find and contact them correctly)
So, never listen to the naysayers - that is your first job as an entrepreneur. And realize that if you need funding to achieve your goals, it IS out there.