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Private investors or "Angels" (Scarborough & Zimmerer, 2006) are generally going to be a better source of investment. These angels are always looking for a place to invest their money with a promise of a grand return.
Where do I start my search?
Start your search for investors by first asking friends and family. Explain to them all the details upfront. The next step is to seek out the private investors (or angels). To find them, you need to ask friends, attorneys, banks, stockbrokers and other business minded people to help locate the private investors. Make a connection first with the source before you start calling to the investors...
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