Hello, I am Laura, just an everyday average affiliate marketer. I am here today to talk to all of the ordinary investors like myself. I think I have read every Angels and Entrepreneurs review, which leaves me with some concerns for everyone who is not a top investor for startup businesses.
Neil Patel is the founder of Angels and Entrepreneurs, along with Robert Herjavec, which may be his top investment backer and co-founder. They launched Angels and Entrepreneurs in June of 2019.
I have high respect for Neil. His training and teachings reach every affiliate marketer as they progress toward success. I have watched and recommended many of his videos and blog posts over the past couple of years.
Neil Patel is nothing short of a genius. He is a New York Times bestselling author, a successive entrepreneur, and well known for his business involving angel investors.
Understanding Angel Investors
Neil’s company is named Angels and Entrepreneurs; I assume this because he targets the angel investor versus the Venture Capital investor.
A Venture investor puts an investment into a startup company in the very beginning and usually targets high-growth industries. They provide advice and connect with the entrepreneur to help the business succeed. Most startup businesses fail, and if it does become a profitable business, it may take up to 10 years to see a yield.
An angel investor also invests in the early stages of a business startup. But Angels want to invest in companies that are fast developers and produce revenue quickly. They are betting that a startup will reach at least 50 million dollars within three years. Seasoned angel investors have the experience, but the Title III JOBS Act now, allows everyday individuals to invest also, which is why I am concerned for small-time investors looking to make it big with Angels And Entrepreneurs.
Here are some statements I have read that support my concerns.
- Average investors can become multimillionaires with Angel investing.
- One of the greatest wealth producers of our time is Angel investing.
- Don’t wait around; get in on the ground floor of startup companies.
- Neil Patel developed Angels & Entrepreneurs to help average folks get details about the best companies to invest.
Do you see a trend here? Angels and Entrepreneurs are a company started by a genius to help angel investors. The Title III JOBS Act put a dent in his plans, so he is now offering this opportunity to average investors. Or he may have started his business knowing this and decided to offer to small investors so he can also provide to the seasoned angel investors. These are my speculation,s not a fact.
Neil Patel With Angels And Entrepreneurs
Here you see a screenshot of Neil on his website homepage promoting Angels And Entrepreneurs. Again he talks of everyone having an equal playing ground. But he didn’t say how much you need to invest. First, let’s look at the cost of joining Neil.
Cost To Join
- Gold $39
- Diamond $79
- Platinum $129
- VIP – Private Deals for members $2500.
When you go into the site to join, you are hit with these upsells. Again the price is not too bad, but these are to join the Angels And Entrepreneurs program and not the investments you will make once you learn all Neil has to offer.
The next tab on his site is the “Deal” tab. Here you will see all of the startup businesses Neil has provided for you to invest in as an angel investor for Angels And Entrepreneurs. The deals include 49 companies you can invest your money. I bet this is not all of them, but you do get to take a preview look at the companies Neil has added for you.
Groups, Events, Media Room, and Network
These tabs are locked unless you are a member of Angels And Entrepreneurs. But it is an area where you can connect with other members and find events and groups to communicate with and grow.
What Do Angels and Entrepreneurs offer you?
Neil has set Angels And Entrepreneurs, so it is affordable to step inside. He does give a good sales pitch about how much you will save. I do understand this process because it is a way to sell a product. With as much work as he has put into the business to design it, the cost he is giving you probably is a good saving.
Basically, Neil is offering you a way to make it big. I see nothing wrong with Angels And Entrepreneurs and how he designed it. That is not the issue that concerns me. I am worried about the one with no experience. The one who is struggling to make their mark in this world. The one who barely has the money to purchase the Platinum Package for $129 but does so anyway so they can make it big.
Yes, he does offer training for Angels And Entrepreneurs investing, and you can interview the new business founders. Still, even this is not enough without some experience in the market of angel investors.
Who Is Angels And Entrepreneurs For?
If you are the one who has just enough money to join Angels And Entrepreneurs, then this is not for you. And if you believe you can invest $50 in a company and make it to a millionaire, then you may be mistaken. It will only happen if you gambled well, which is a risk.
If your net worth is less than 1 million, then you are not a candidate for angels and entrepreneurs. And if you are a millionaire, you will need to make over $200 thousand a year to invest in new startup businesses. Even with that income, there is no guarantee that the company you invest in will make it. Most startup companies fail.
Angel investing can be addictive, just like gambling. You keep putting your money into a new business until you hit the jackpot. Hopefully, you will not run out of cash before your day arrives.
However, people in this world know exactly how to angel invest but maybe not as Angels And Entrepreneurs do it. They know how to teach a company to make it. They spend all of their time helping that company because they want success and a significant return on their investment.
Do you know enough to coach and train an entrepreneur on how to run their business? Some may, but they are the minority. My husband is good at investing, but does he know enough about making sure an entrepreneur does everything right so they all win? I strongly doubt it.
I want to say that Angels And Entrepreneurs is not a scam. It is a legit business that some can make money with, and some will make it big. Neil has offered an incredible opportunity here for those who have money and knowledge investing in startup businesses.
He does provide training for you to learn, but the ones who will make it already know how to angel invest. So remember that if you want to join and invest, it is a beautiful program, but only if you are already a millionaire.
I have reviewed many scams and often have comments from readers who gave their last dime and received nothing in return. Do not look at Angels And Entrepreneurs as a get-rich-quick deal. It is a long-term investment of large sums of money to win.
I have not given you a lot of information about Angels And Entrepreneurs. Why? Because I am here to save the beginning entrepreneur, small business person, or the person who lacks knowledge. Many reviews talk about how you can invest as little as $50 to make it big. That is misleading! You will need to invest $50 each in many different companies and hope that one of them will make it big, but there is no guarantee, and you can only hope you do not lose all of your money before you gain some back. Also, it takes years to have a return on your investments.
Are you familiar with “shiny object syndrome” (SOS)? It is what entrepreneurs do when they are in search of an easier road to success. It is just what it says; a person chases a shiny object as a child would do. You see something that puts a glimmer of hope in your eye, and you run after it. I feel like Neil’s opportunity may be just that for the new entrepreneur.
My recommendation is to work hard, be consistent, patient, and one day you will achieve success without falling for every program on the market. And when you become very successful, then you can join Neil in his journey toward success.