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Be patient for returns from "summary" of Angel by Jason Calacanis
When you invest in startups as an angel investor, it's important to remember that the road to success is often long and winding. Startups are not overnight successes, and they require time to grow and mature. As an angel investor, you need to be patient and understand that returns may not come quickly. It can take years for a startup to reach a point where it can be acquired or go public, and during that time, you may not see any returns on your investment. This requires a certain level of patience and a long-term mindset. You cannot expect to invest in a startup today and see immediate results tomorrow. Being patient for returns also means understanding that not every startup will be successful. In fact, the majority of startups fail, and as an angel investor, you need to be prepared for this reality. It's important to diversify your investments and not put all your eggs in one basket. While it can be tempting to look for quick wins and instant gratification, the most successful angel investors understand that investing in startups is a marathon, not a sprint. It requires patience, resilience, and a willingness to weather the ups and downs of the startup journey.- Being patient for returns means trusting the process and believing in the potential of the startups you have invested in. It means having faith that your investments will pay off in the long run, even if it takes time. By being patient and staying the course, you increase your chances of seeing significant returns on your investments in the future.
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