Safalta Talks Master Session: Role of angel investors in the startup ecosystem by Avnish Rana Strategic Leader, Startup Mentor, Data Expert

In the master class session organized by Safalta.com on the topic 'Role of the Angel Investors in Startup Ecosystem', startup expert Avnish Rana of Noida Angel Networks said that if you are going to start a startup then believe in your concept. Startup does not start making money immediately, you will have to wait until the business gets established. For this, you can carry a backup. You don't have to start a startup to make money. Rather, you have to take the startup forward by believing in yourself and your concept, money will start coming automatically. You may not find investors until you start your startup. You approach one, two, or three investors and all of them refuse to invest money in your startup. But when you continuously talk to people, the next investor can invest in your idea. Avneesh said that the investor will invest in your startup only after trusting you while investing money. Because every investor wants to see how excited you are about your product.

Source: Safalta.com

Have a plan ready for 5 years

He said that before starting a startup, trust yourself. Have a plan ready for at least the next 5 years for your startup.
Because if your idea works, money will follow. Giving the example of Oyo Room Services, he said that the concept of Oyo was that people could get rooms on rent for Rs 750 to 1000. Now this business has completely spread. Money for this has become an afterthought. He said that that is why I tell people that if you have an idea then work on it. You will earn money.

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These are 5 types of angel investors

1. Professional Angels – These experts are experts in their field such as doctors or engineers.
2. Corporate Angels – These investors are those who are working with big companies. Those who have to invest in some innovation or technology.
3. Tech Angels – These angels have good technical knowledge.
4. Strategic Angels – These investors have better knowledge of an industry. They do mentorship or strategy planning work. These help startups to grow. These can grow your company up to 10 times. Like - a mentor or strategist
5. Entrepreneurs – Successful entrepreneurs in various fields.

Follow your passion for youth

While advising the youth, he said that they should follow their passion. If you want to become the founder of a company or open a business. So work on your dream. When you honestly follow your passion and believe in yourself, you will be successful. Build your career with Safalta
The country's well-known ed-tech company Safalta has started many professional and skill-oriented short and long-term courses to help the youth, from where you can make yourself a professional in any field sitting at home. Apart from digital marketing, there are many courses available here. Not only this but for the youth who are dreaming of a government job, there are courses to prepare for almost all competitive examinations on success. After studying here, hundreds of youth have got excellent jobs in the government and private sector, so what are you waiting for, join success today and make your brilliant career. You can also join these courses by downloading the Safalta App on your phone.