MEC Practice Academy 11.19
|Articles|May 13, 2010

Clues to Finding Angel Investors for Your Physician Business

I'm commonly informed by doctors starting up new businesses that they are on the lookout for venture capital and, oh by the way, can I point them in the direction of some willing venture capitalists who'll be interested in their idea?

The Wall Street Journal runs a series providing valuable information to the entrepreneur (including the physician business owner!), from time to time (most recently on what business entity to form) and this week, they bring us Tips for Finding Angel Investors.

I'm commonly informed by doctors starting up new businesses that they are on the lookout for venture capital and, oh by the way, can I point them in the direction of some willing venture capitalists who'll be interested in their idea?

Speaking of money, I have a quick question...

It's painful to enlighten them with the bad news that most self-respecting VCs wouldn't consider listening to a half-baked presentation of a business idea from an entrepreneurial physician, let alone investing in an unproven start-up with no real business plan and no revenues.

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