I've had a few conversations with different folks recently about funding/money issues and it reminded me of this great blog post I read from Mark Suster in which he gives a ton of useful advice about the angel investment process. Mark breaks it all down extremely to the basics:

1. Good idea and plan
2. Team
3. Product
4. Market validation

If you've been thinking about seeking angel investment or just want to understand more about it, check out Mark's post