EdTech Angels: Founders should double down on their origin story - Andy Ayim (Angel Investing School)

EdTech Founders

In this episode: We are talking to Andy Ayim who is an entrepreneur, investor and an expert angel being the founder of the Angel Investing School. He is coaching founders to help them achieve product market fit and is a leading voice for integrating diversity and inclusion into portfolios of investors. He has invested in over 17 startups and also received the Order of the British Empire for his work in this field. He is based in London, UK.

We talk about: The long-term mindset of investors, how to tell the story to connect with and convince investors, how founders with a real understanding of the problem they are solving for have an edge, why founders need to do their own due diligence of investors….and lots more.

Want to become a business angel? Join the Angel Investing School and get 10% off with the discount code EdTech10.

Outtakes:

• There is a massive long tail opportunity for educating the majority of the world with these micro courses, cohort based courses and the like.
• The founder should understand their story. What is your origin story? Why are you well suited to solve this problem? Who are the customers that you serve? Can you share stories about your customers and how you alleviate a pain point with the problems that you're solving for them?
• The same way the angels are doing due diligence on you and referencing you, you should be doing due diligence on your angels and referencing them because this is a long-term partnership and relationship you're about to form.
• I always try and position myself as that core and that person to speak to when the metrics aren't looking as good, when the things aren't trending upwards, when you need to have honest conversations where you wanna sense check stuff before talking to the rest of the investors.

In this podcast by EdTech Garage, we interview startup founders & players supporting early-stage EdTech startups from across Europe.

The ⁠⁠EdTech Garage⁠⁠ is a community for early-stage European EdTech startups where founders can scale up faster through the founder community, matchmaking and specialized resources. In this podcast series we interview startup founders & players supporting early-stage EdTech startups from across Europe. We get straight to the point in 20+ minutes and publish new episodes roughly every month. You can find the transcript from each podcast on the site below.

• Join the community on ⁠⁠edtechgarage.org⁠⁠
• ⁠⁠Follow us on Linkedin⁠⁠ (www.linkedin.com/company/edtechgarage/)

Host: ⁠⁠Frank Albert Coates

Music: Ehsansation