While lack of traditional capital is a widespread problem for minority entrepreneurs, sometimes their lack of knowledge about how to win over angel investors is just as bad. The National Minority Angel Network was formed with the intent to not only invest in companies, but to also provide entrepreneurs with practical advice that they can use to make an immediate impact on their companies; such as how to protect their innovative ideas.
Already the organization is making headway. The Entrepreneurial Growth and Wealth Creation Symposium, which will be held December 13, 2012, is the organizations first public endeavor to give entrepreneurs the resources they will need to make their companies fundable. Here, founder Timothy Reese expounds upon the five biggest mistakes that tech entrepreneurs make when it comes to protecting their intellectual property.