Pitching ideas

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Pitching Ideas

Transcript of Pitching ideas

Page 1: Pitching ideas

Pitching Ideas

Page 2: Pitching ideas

/ Observe the 10/20/30 Rule

Ten slides

Twenty minutes

Thirty-point-font text

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/ Investor Pitch

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/ Ten Slides

Title

Problem

Solution

Business Model

Undelying Magic

Marketing and Sales

Competition

Management team

Financial Projections and Key Metrics

Current Status

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/ Title

Organization name

Your name and title

Contact information

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Explain what your

company does…

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/ Problem

Describe the pain you’re alleviating.

Get everyone nodding and ”buyingin”.

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Avoid looking like a

solution looking for a

problem

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/ Solution

Explain how you alleviate this painand the MEANING you make.

Ensure that the audience clearlyunderstands what you sell and yourvalue proposition.

VISUALIZE

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Don’t be too technical,

just explain what it does

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/ Business Model

How do you make money?

Who pays you?

Your distribution channels

Your gross margins

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Don’t make it seem to

untested .

Mention customers

already using your

product/service.

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/ Underlying Magic

Describe the technology, secretsauce or magic behind your productor service.

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Less text, more diagrams,

schematics and

flowcharts.

Objective proff of concept.

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/ Marketing and Sales

How do you reach your customers?

What and who will leverage yourmarketing?

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Show an effective go-to-

market strategy that

won’t break the bank.

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/ Competition

Provide a complete view of the competitive landskape.

Too much is better than too little

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Never dismiss competition.

Everyone wants to hear why

you’re good – not why

competitors are bad.

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/ Management Team

Describe the key players of your

– Management team

– Board of directors

– Advisory board

– Major investors

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Don’t be afraid to show up

with a less than perfect team.

But be willing to fix the holes.

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/ Financials and Key Metrics

Five year-forecast

Other key metrics, fx

– Number of customers

– Conversion rate

– Number of employees

– Etc.

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Do a bottom up forecast.

Take into account long sales

cycles and seasonality.

Your assumptions are as

important than the numbers.

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/ Current Status

Current status of product/service.

Accomplishments to date

Timeline

Use of funds

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Share details of

momentum and traction.

Close with a bias toward

action.