TSP004 | Andrew Medal - From Prison To Angel Investor

Episode Summary Andrew Medal has a remarkable story on how he went from a prison inmate to becoming a serial entrepreneur. He talks to John about how he became an Entrepreneur magazine contributor, his charity work with Last Mile, and shares some insightful tips on how entrepreneurs can get investor interest without any experience or a working prototype. Key Takeaways 02:15 - Andrew talks about how he got his job working for an angel investment firm. 05:20 - What's considered a great pitch versus a bad one? 09:10 - Andrew talks about the charity project he's involved with called Last Mile. 16:35 - Mistakes are an important part of an entrepreneur's journey. Don't give up on taking chances and risks. 21:30 - How can entrepreneurs raise money without a working prototype? 28:30 - Andrew recommends people read The Lean Startup by Eric Ries Tweetables Paint a picture to #investors. Become the #Picasso of Pitches. There's a lot of first time entrepreneurs that don't have experience, so explain to your investors why you're the right team. Just because you've made a mistake, doesn't mean you should stop dreaming. No matter what we're doing as entrepreneurs, if we're learning in the process, we're growing and we should never stop learning/growing. Links Mentioned http://buzzsumo.com/ http://www.invisionapp.com/ The Art of War by Sun Tzu The Lean Startup by Eric Ries AndrewMedal.com @AndrewMedal Share The Show Did you enjoy the show? I'd love it if you subscribed today and left us a 5-star review! Click this link Click on the 'Subscribe' button below the artwork Go to the 'Ratings and Reviews' section Click on 'Write a Review'