Launching an angel network is challenging in any environment. Doing so in a country with limited deal flow, weak institutions, and limited investor protection can seem nearly impossible. To confuse matters even more, there is no one-size-fits-all solution to set up and operate an angel organization. A diversity of models and structures has been successful worldwide. Given this context, this guidebook cannot prescribe a simple formula to set up and run your angel network. Instead, it will help you navigate the decision-making process at various stages, and give you real-world examples of how other networks have worked through difficult problems. Additionally, for those of you in countries where angel organizations do not yet exist, this guide will offer words of wisdom and encouragement from those who have blazed a trail in their own countries.