Startup Professionals Musings

JANUARY 27, 2020

As an aspiring entrepreneur, one of the most important things you need is a memorable “ elevator pitch ,” to communicate your startup value proposition and leave a great first impression on friends, investors, employees, and future customers. Describe technology and features, not competitiveness.

Elevator Pitch 317

Elevator Pitch Intellectual Property Cost Technology 317

Startup Professionals Musings

OCTOBER 15, 2018

I say that because I’ve heard too many abstract pitches about the next paradigm-shifting technology, which I can’t relate to, and only a couple with stories that really grabbed me. The result will always have more impact than merely outlining a new technology, cutting costs, or tackling a known problem, such as world hunger.

Elevator Pitch 211

Elevator Pitch Technical Review Boston Sales 211

Startup Professionals Musings

NOVEMBER 4, 2019

Some dreams sound great, but may not yet be viable or proven with today’s technology. Start by developing an “elevator pitch,” that you can deliver in thirty seconds to hook a potential customer or investor. Present at trade shows and network with your ten-slide pitch to build your following.

Intellectual Property 235

Intellectual Property Elevator Pitch Harvest Technical Review 235

Startup Professionals Musings

MAY 7, 2023

Young entrepreneurs often are so excited by new technology or their latest invention that they forget to translate it into a value proposition that their customers or potential investors can understand and relate to. Often new technologies are seen by senior decision makers as new opportunities for litigation and hackers.

Elevator Pitch 272

Elevator Pitch Social Network Agile Technology 272

Startup Professionals Musings

APRIL 22, 2013

Can concisely explain the unique, compelling value of the proposed venture in written terms and in oral presentations (elevator pitch), recognizing that some investors rely more on one than the other. The technology or product may be at an embryonic stage. Here are some key ones they look for: Talks and writes well.

Technical Review 273

Technical Review Intellectual Property Angel Investor Elevator Pitch 273

YoungUpstarts

NOVEMBER 29, 2017

Think of your first B2B web site as one step beyond your elevator pitch. Never lead with your technology—make a brief mention at most. Don’t boil the ocean with flashy technology. Now is the time to get your web site up. Here are five tips to help build a first web site that will help your business grow.

Elevator Pitch 100

Elevator Pitch Web Portfolio B2B 100

Startup Professionals Musings

MARCH 18, 2012

Can concisely explain the unique, compelling value of the proposed venture in written terms and in oral presentations (elevator pitch), recognizing that some investors rely more on one than the other. The technology or product may be at an embryonic stage. Here are some key ones they look for: Talks and writes well.

Technical Review 294

Technical Review Intellectual Property Angel Investor Elevator Pitch 294

Startup Professionals Musings

JUNE 20, 2016

Even if your product is a technological marvel, I look for balanced strength on the team in finance, marketing and operations. It starts with having a vision and an ability to get the message across in your elevator pitch, in a written business plan and one-on-one with potential investors. Able to communicate on every level.

Sweat Equity 152

Sweat Equity Entrepreneur Elevator Pitch Software Review 152

YoungUpstarts

APRIL 17, 2018

Think of it as an elevator pitch for recruiting. cutting edge technology (WebRTC), 2. Felix manages sales, marketing and finance at Talkative, and often writes about technology, startups and marketing. An actionable tip is to prepare 3 clear reasons why a candidate should choose your company.

Cofounder 164

Cofounder Elevator Pitch Hiring Dividend 164

Startup Professionals Musings

AUGUST 30, 2014

Young entrepreneurs often are so excited by new technology or their latest invention that they forget to translate it into a value proposition that their customers or potential investors can understand. Often new technologies are seen by senior decision-makers as new opportunities for litigation and hack attacks.

Technology 245

Technology Customer Elevator Pitch Social Network 245

Startup Professionals Musings

JULY 23, 2023

As a startup advisor and investor, I’ve heard and seen hundreds of pitches from entrepreneurs, and the majority of founders are convinced that if you will just give them an hour or more time, you will love their business. I’m looking for the “hook” right up front, or I lose interest quickly, just like every customer and investor these days.

Intellectual Property 240

Intellectual Property Elevator Pitch Algorithm Social Media 240

Startup Professionals Musings

JULY 30, 2013

If you start by pitching your extended life story, that’s the wrong point. Equally bad is an extended pitch on your new disruptive technology. Investors are more interested in your solution and your business, rather than your technology. First, get their attention with your elevator pitch.

Angel Investor 256

Angel Investor Technical Review Elevator Pitch Matching 256

Startup Professionals Musings

APRIL 19, 2014

Practice your “elevator pitch,” and end it by asking for the order. In high technology, this is called “release early and iterate,” which allows you to make corrections as you go, as well as adjust for the market changes. Be upbeat and respectful. Show some incremental value along the way.

Technical Review 266

Technical Review Elevator Pitch Due Diligence Startup 266

Startup Professionals Musings

SEPTEMBER 26, 2021

The best new idea for any entrepreneur should first be based on their own personal interests, skills, and lifestyle, rather than the characteristics of a given market or technology. Don’t pick a technology idea that someone else believes will make you rich and famous, or a business area you are not intimately familiar with.

Elevator Pitch 364

Elevator Pitch Matching Business Model Technology 364

Gust

JULY 23, 2014

So even if my own mother asked me to meet with you, and you were pitching me a biotech opportunity for a $10 million investment at a $90 million valuation, I might take the meeting, but it wouldn’t be particularly useful for either of us. In this case, it’s not a lack of interest, just a lack of time and efficiency.

Angel Investor 153

Angel Investor Elevator Pitch Pre-Money Valuation Technical Review 153

YoungUpstarts

NOVEMBER 27, 2016

Pin down your elevator pitch. Everyone knows what an elevator pitch is, but many underestimate the importance of investing the time and energy into getting it right. He has a long history of involvement with leading technology businesses.

Elevator Pitch 100

Elevator Pitch Technical Review Affiliate Global 100

Startup Professionals Musings

APRIL 2, 2012

Every investor is annoyed by persistent messages that say “Give me a call to hear about the most disruptive technology since the wheel.” An Executive Summary is a one page elevator pitch of the whole plan (may be separate from the plan), which gives an investor a net perspective on the key business parameters.

Elevator Pitch 244

Elevator Pitch Technical Review Business Plan .Net 244

Startup Professionals Musings

JANUARY 7, 2013

Practice every step, including the elevator pitch to get the first meeting. Most VCs see decreases in clean technology investment, medical devices and biopharmaceuticals, so tune your expectations accordingly. Remember you only have one chance for a good first impression. Identify the right people in the right venture firms.

Venture Capital 252

Venture Capital IPO Elevator Pitch Initial Public Offering 252

Startup Professionals Musings

FEBRUARY 3, 2013

Practice your “elevator pitch,” and end it by asking for the order. In high technology, this is called “release early and iterate,” which allows you to make corrections as you go, as well as adjust for the market changes. Be upbeat and respectful. Show some incremental value along the way.

Technical Review 273

Technical Review Entrepreneur Elevator Pitch Due Diligence 273

Startup Professionals Musings

NOVEMBER 4, 2020

As a startup advisor and investor, I’ve heard and seen hundreds of pitches from entrepreneurs, and the majority of founders are convinced that if you will just give them an hour or more time, you will love their business. I’m looking for the “hook” right up front, or I lose interest quickly, just like every customer and investor these days.

Intellectual Property 416

Intellectual Property Elevator Pitch Startup Algorithm 416

Startup Professionals Musings

JUNE 22, 2012

If you start by pitching your extended life story, that’s the wrong point. Equally bad is an extended pitch on your new disruptive technology. Investors are more interested in your solution and your business, rather than your technology. First, get their attention with your elevator pitch.

Technical Review 243

Technical Review Elevator Pitch Angel Investor Matching 243

Startup Professionals Musings

OCTOBER 27, 2010

Can concisely explain the unique, compelling value of the proposed venture in written terms and in oral presentations (elevator pitch), recognizing that some investors rely more on one than the other. The technology or product may be at an embryonic stage. Here are some key ones they look for: Talks and writes well.

Angel Investor 241

Angel Investor Technical Review Intellectual Property Elevator Pitch 241

Up and Running

MARCH 31, 2021

In fact, right now there are three crucial areas of business that are capable of withstanding that first elevator pitch: healthcare, technology, and education. Right now, Angels are looking for savvy investments, mostly as dire solutions to the world’s current needs. These are sectors of small business that are in high demand.

Small Business 116

Small Business Angel Investor Technical Review Elevator Pitch 116

Startup Professionals Musings

SEPTEMBER 4, 2020

As an entrepreneur, I understand your passion when pitching your solution to investors and customers, but passion alone won’t make one more technology pitch stand out above all the rest. Unfortunately, most elevator pitches, product descriptions, and marketing messages are abstract, and include no characters at all.

Elevator Pitch 363

Elevator Pitch Restful Audience Technology 363

SoCal CTO

MARCH 12, 2012

Okay, so now you have it narrowed down and have determined that you need: Part-Time CTO or Technology Advisor to help guide you and close a bit of the Startup Founder Developer Gap , and Equity-Only Cofounder Developer - the first real developer that will work for equity and produce the bulk of the application. Refine your elevator pitch.

Technical Cofounder 211

Technical Cofounder Cofounder CTO Hire Los Angeles 211

Startup Professionals Musings

FEBRUARY 16, 2016

If you start by pitching your extended life story, that’s the wrong point. Equally bad is a full tutorial on your new disruptive technology. Investors are more interested in your solution and your business, rather than your technology. First, get their attention with your elevator pitch.

Technical Review 120

Technical Review Elevator Pitch Startup Angel Investor 120

Startup Professionals Musings

JUNE 26, 2015

Skip the fuzzy marketing terms, such as "easier to use," "lower cost" and "disruptive technology." " Investors want to buy into an entrepreneur with a startup that can provide evidence of an ability to double customer productivity, at half the cost, with patented technology.

Intellectual Property 120

Intellectual Property Elevator Pitch Angel Investor Technical Review 120

Startup Professionals Musings

FEBRUARY 5, 2011

Every investor is annoyed by persistent messages that say “Give me a call to hear about the most disruptive technology since the wheel.” An Executive Summary is a one page elevator pitch of the whole plan (may be separate from the plan), which gives an investor a net perspective on the key business parameters.

Business Plan 242

Business Plan Elevator Pitch Technical Review .Net 242

Both Sides of the Table

MAY 28, 2018

There’s a quick litmus-test conversation any early-stage VC will have with the founder and it’s one that you should be as prepared for as your elevator pitch. It goes something like this … VC: “How much money are you raising?” Founder: “$8–10 million” VC: “What’s your current burn rate?” Founder: “$250k / month.”

Burn Rate 247

Burn Rate Valuation Pre-Money Valuation Dilution 247

Startup Professionals Musings

JUNE 25, 2021

Look hard at the technology for feasibility and risk. Make ‘em want it bad (pitch it). Pitching” is the insider term for presenting your product idea to people who could conceivably buy it or fund your efforts. Start by developing an “elevator pitch” that you can deliver in 30 seconds to hook a potential investor.

Non-disclosure Agreement 340

Non-disclosure Agreement Elevator Pitch NDA Entrepreneur 340

Startup Professionals Musings

APRIL 29, 2011

If you start by pitching your extended life story, that’s the wrong point. Equally bad is an extended pitch on your new disruptive technology. Investors are more interested in your solution and your business, rather than your technology. First, get their attention with your elevator pitch.

Technical Review 237

Technical Review Elevator Pitch Angel Investor Matching 237

Startup Professionals Musings

DECEMBER 20, 2011

Practice your “elevator pitch,” and end it by asking for the order. In high technology, this is called “release early and iterate,” which allows you to make corrections as you go, as well as adjust for the market changes. Be upbeat and respectful. Show some incremental value along the way.

Early Stage 247

Early Stage Technical Review Elevator Pitch Due Diligence 247

Startup Professionals Musings

JANUARY 19, 2015

If you start by pitching your extended life story, that’s the wrong point. Equally bad is a full tutorial on your new disruptive technology. Investors are more interested in your solution and your business, rather than your technology. First, get their attention with your elevator pitch.

Technical Review 120

Technical Review Elevator Pitch Angel Investor Matching 120

Startup Professionals Musings

JANUARY 26, 2012

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.

Elevator Pitch 283

Elevator Pitch Startup Differentiation Distribution 283

The Startup Magazine

AUGUST 18, 2017

FinTech players are increasingly becoming an important part of the fabric of Africa’s financial services ecosystem and the leading banks on the continent are now more urgently seeking to harness technology innovations, collaborate with FinTech start‐ups, and create a platform to scale much faster – to make digital financial services pay.

Africa 62

Africa Ethiopia Elevator Pitch Technical Review 62

Austin Startup

FEBRUARY 23, 2020

Drawing on more than 20 years of experience in technology and communications at companies including Microsoft, Starbucks, and technology start-ups you’ve never heard of, she has a proven track record of building successful companies with strong core values that are dedicated to its people and customers. Pretty much in that order.

Technical Review 62

Technical Review Seattle Elevator Pitch Equity 62

Startup Professionals Musings

NOVEMBER 4, 2011

They must amplify your “elevator pitch” to investors, as well as key points from the business plan and the financial model. A good start is taking an active role in relevant technology groups, trade associations, university activities, and local business groups. Prepare an investment-grade business plan.

Intellectual Property 249

Intellectual Property Angel Investor Technical Review Elevator Pitch 249