article thumbnail

10 Things I Hated About Your Business Pitch

Up and Running

Real businesses make profits like 7 percent, 9 percent, occasionally even low double-digit profits (stated as a percentage of sales). Rarely, some new innovative businesses will get to 20 percent profits to sales. You focused on internal rates of return and net present value. Please, get a clue.

article thumbnail

10 Things I hated About Your Business Pitch

Up and Running

Internal rates of return and net present value. I’ll judge your projections for realism and credibility, but that’s sales, costs, expenses, cash flow, and other basic numbers. Validate sales by bottoms-up assumptions. . Not just disruptive , but market-leading , and viral , and pivot. Bluster.