Built by Angels is a new podcast series that will guide you on the road to venture capital scale and growth. Interested in funding the next big thing? Are you an entrepreneur searching for capital, to fund and scale your company? Are you on the sidelines, wondering how to jump in, while everyone else is building, backing, and supporting the next generation of entrepreneurial companies?

Stay tuned, subscribe and join us on this exciting journey, as we transform ordinary listeners into extraordinary investors.

This podcast is for informational purposes only and is based on the book "A Practical Guide to Angel Investing, 2nd Edition" authored by Steven Gedeon PhD and published by the National Angel Capital Organization. Content discussed is for general guidance on matters of interest and should not be taken as professional, legal, business or investment advice.

Most angels have enjoyed a successful business career and want to share their expertise and experience with younger entrepreneurs. Of course. They want and expect to gain above market rates of return on their investments. That's what makes this form of investing sustainable, but often they also want to pay it forward to help others and give back to their communities.

Angels are often retired executives or other professionals, or in many cases, they are former entrepreneurs who ran and sold their own companies. Business angels invest because of their love for entrepreneurs and the entrepreneurial journey. Angels invest for many reasons, including the excitement of being involved in an interesting company or industry. The desire to mentor the next generation of entrepreneurs, the desire to pay it forward by sharing their expertise with those who need it, contributing to the economic growth of their region, community, or country.

This podcast will help distill the wisdom of hundreds of angel investors who came before you.

What will you do with the next 20+ years of your life? For most angels, the answer is:

"I want to contribute to the good of my community"
"I want to continue to do what I love."
"I want to be involved in strategy, important deals and major decisions."
"I want to lend my expertise."

The value of angel groups is that they essentially help mitigate your risk. Angel groups help you attract the highest quality deals and help you go through a due diligence process that vets out the deals that have a disproportionately high chance of failure, or a very low probability of success.

Angel groups provide discipline, additional due diligence, and deal flow resources that will mitigate your risk and increase the probability of return.

More on this topic in future episodes.