Startup Professionals Musings

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8 New Venture Smarts That You Can’t Afford To Ignore

Startup Professionals Musings

Additionally, you need to be able to communicate the essence that story and value to investors in a couple of sentences – your elevator pitch. After a good elevator pitch or initial presentation, investors will ask for your formal business plan and financial projections. Lack of clear objectives/goals.

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5 Tactics To Minimize Meeting Time And Get More Done

Startup Professionals Musings

I recommend the elevator pitch -approach instead, which you probably learned in dealing with busy investors, where the person calling the meeting is asked to summarize the purpose, value and recommended solution in the first minute or two.

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10 Ways To Make Your Funding Pitch More Hard-Hitting

Startup Professionals Musings

First, get their attention with your elevator pitch. They will be judging his aptitude, his character, and his passion. Others can be present for effect, but deferrals to team members for answers are a sign of weakness. Start with the problem and your solution. These are your hooks, and they better be covered in the first 30 seconds.

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6 Aspects Of Your Story That Will Make You Memorable

Startup Professionals Musings

This should be obvious, but much of what passes for “a story” these days are things like elevator pitches or product descriptions that have no characters at all. It’s even acceptable to make up a place with a “what if.” Every story needs a main character.

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8 Keys To That First Investment From People You Know

Startup Professionals Musings

Practice your “elevator pitch,” and end it by asking for the order. If you set around quietly waiting for someone you know to offer you money to fund a startup, you will probably have a long wait. On the other hand, if you open every conversation with “I need money,” you won’t have any friends or any money. Be upbeat and respectful.

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8 Common Elevator Pitch Blunders, and How to Fix Them

Startup Professionals Musings

The better you understand what makes an effective elevator pitch, the more likely you will attract investors and customers. Here are the most common elevator pitch missteps I see often as an angel investor and advisor to startups, with some quick advice on how to address each: Insist on leading with the story of the company.

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How to Take Your Startup Elevator Pitch to the Top

Startup Professionals Musings

An "elevator pitch" is a concise, well-practiced description of your startup and your plan, delivered with conviction and enthusiasm, that your mother should be able to understand in the time it would take to ride up an elevator. A good elevator pitch is not just for an elevator discussion.