#023 - Sophisticated Investors


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Welcome to another episode of the How to Raise Money Podcast. Today your hosts and raising money experts Ray and Nigel discuss what it takes to be a sophisticated investor. Learn what to look out for, and what to be aware of when searching and seeking investment from a professional investor, angel, whale or dragon. Ray and Nigel urge you to do your due diligence and understand how to identify a casual investor from the professionals. Hear the easy criteria you can follow if you’re looking for equity investment and an investor you can trust. Ray discusses the simple tips and tricks you can use to help fast-track the process and ensure you’re dealing with a bonafide investor. Learn how to create a one-page checklist for the investor to self-certify and legitimise the deal. KEY TAKEAWAYS A large percentage of an investors money could be taken by the gatekeeper, the manager. This can be up to 7% but ensures the investor in question is legitimate. The person seeking the funding would be required to pay the fees. Criteria for a Sophisticated Investor Salary of 100,000 proven by payslip or proof of earnings Must have 250,000 or more in investment assets that do not include the family home Professional investor, stockbroker or fund management history Director of a limited company with 1 million plus in turnover BEST MOMENTS “A car is never a sign of wealth” “A loan is a totally different form of finance lending and therefore would require different checks, covered in an upcoming episode” “The burden of proof is on you to establish. It is part of the due diligence you must do if you are looking to secure investment from a sophisticated investor” VALUABLE RESOURCES https://www.angelsden.com/en-gb/events/ Companieshouse.gov.uk FCA Regulation Nelson Gray - Angel Investor ABOUT THE HOST Ray McLennan is a keynote public speaker and former corporate solicitor who has many years of experience owning and operating a variety of businesses in the UK and Ireland. Ray is the Regional Manager for Scotland & Ireland for Angels Den, which has over 13,500 high net worth Angel investors that help to find funding for property and SME businesses. Ray also helped to create Property Angels Den (PAD) in Sept 2014, which matches High Net Worth Investors with property proposals of all sizes. PAD now meets regularly and has funded dozens of property projects all over the UK. Nigel trained as an accountant but has for the last 11 years run the family care business. With a 7 figure turn-over and over 100 employees, the role has given Nigel quite a few valuable lessons! Nigel and his wife, have focused more and more on property over the last few years. The latest project is a 20 bed HMO with 12 SA rooms. But in the last few years Nigel is now helping property professionals understand that social media is a way to increase your customers, get more deals and earn more profit! CONTACT METHOD Ray@raisingangelfinance.co.uk Maria@raisingangelfinance.co.uk Howtoraisemoney.co.uk Nigeltbest.com

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