I just came across several information products online claiming that angel groups are the perfect way for entrepreneurs to raise business capital. Respectfully, I disagree. Here’s why.

We talk about many subjects when it comes to raising business capital, but there are three core issues around which funding success revolves. The more you can demonstrate strength in these areas, the easier it will be for you to get the funding you need on the most favorable terms.

Imagine for a moment you’re a hungry entrepreneur who needs capital to launch or grow an exciting business. You finally connect with an angel investor that’s really interested in your deal! The angel looks you in the eye and asks, “Are you looking for smart or dumb money?”