CrowdInvesting 2.0 - The 7 Dumbest Mistakes When Investing In Private Companies

CrowdFunding & CrowdInvesting guides are a series published by CrowdFunding & CrowdInvesting platform BankToTheFuture.com for thoselooking to invest in private companies or seeking finance for their companies.Today, for the first time ever, you can become the bank, the angel investor or the venture capitalist and get your slice of the pie that has made so many banks, angels and venture capitalists disproportionately richer than everybody else, and you don’t need much money to get started.Like it or not, if you don’t want to be at the mercy of financial advisors that may not have your best interest in mind who may recommend the products that pay the highest commissions, then you are going to have to figure out an alternative.So what is the alternative?Well you can rely on a pension plan from an insolvent government that cannot afford to pay you, or a private pension where all profits are swallowed into fund manager fees... ...but if I were you, I would start planning your own investment strategy now.Now here is a simple fact, your income may be great, your business may be producing great cash flow, your salary may be more than you need, but it is not going to be there forever and one day you will no longer be able to work for that salary or business and you will need a chunk of cash or an alternative income, or better still - both.So the only way to prepare for this day is to start investing in assets that can turn into lots of cash in the future, or can generate an income without requiring your time. If I were you, learn how to invest yourself.This guide will help you avoid the 7 dumbest mistakes when investing in private companies.