Jeff Barnes, the CEO of Angel Investors Network joins Remy Blaire in this episode of Market Movers to share his extensive insight on the evolving landscape of angel investing. With over two decades of experience connecting entrepreneurs with investors, Jeff highlights how the introduction of regulations like the Jobs Act and 506(c) has transformed the capital-raising environment, making it more accessible yet increasingly competitive.
They discuss the importance of identifying opportunities in sectors such as FinTech and energy, emphasizing the “picks and shovels” approach to investing. Jeff explains how early-stage companies can create a ripple effect across various industries, citing Amazon’s impact as a prime example.
Discover the critical role played by due diligence and risk management in the investment process. Jeff stresses the necessity of seeing a wide range of deals to distinguish good opportunities from bad ones, and he introduces his DVRS method as a framework for mitigating risks.
Common myths surrounding entrepreneurship, particularly the misconception that success comes easily on the first try are also tackled. Jeff shares his own experiences with failure and the importance of being coachable as an entrepreneur. He encourages potential entrepreneurs to focus on the journey of building a business rather than solely on the end goal, reminding them that the path to success is often filled with challenges and learning experiences.