YoungUpstarts

APRIL 17, 2018

Hiring = Sales. A good recruitment process has many parallels with a sales funnel. Think of it as an elevator pitch for recruiting. As with sales, these core reasons need to be compelling to candidates, while being as unique to you (competitive differentiation) as possible. cutting edge technology (WebRTC), 2.

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Cofounder Elevator Pitch Hiring Dividend 164

Up and Running

NOVEMBER 13, 2012

Whether you are trying to raise money for your business or just want to perfect your business strategy, a solid elevator pitch is an essential tool for achieving your goals. An elevator pitch can be delivered either verbally, ideally in 60 seconds or less, or as a one-page overview of your business. Simple as that.

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Elevator Pitch Forecast Oregon Differentiation 166

YoungUpstarts

NOVEMBER 29, 2017

You’re in discussions with strategic partners and potential beta customers. Think of your first B2B web site as one step beyond your elevator pitch. It’s the first place a potential customer will go to check you out. What value will customers receive from doing business with your company? Plan to iterate.

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Elevator Pitch Web Portfolio B2B 100

ReadWriteStart

JUNE 1, 2020

The primary source of your funds should be your paying customers, i.e., your business should generate enough revenues and profits to fund the growth and expansion. Any custom manufactured IoT device would require software development as well as hardware customization. Both of which are expensive and time-consuming.

Startup 150

Startup Entrepreneur Elevator Pitch Seed Stage 150

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. Good relationships are the primary basis for trust in business, leading to supportive investors, loyal customers, and effective partnerships.

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Elevator Pitch Restful Audience Technology 363

Up and Running

MARCH 31, 2021

Uncertainty was a constant, sales and customer interest were wildly volatile and for many businesses, it became less about planning for the rest of the year and more about surviving the next few months. . When the pandemic hit, we were all left with a bitter taste in our mouths — especially as business owners.

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Small Business Angel Investor Technical Review Elevator Pitch 116

Startup Professionals Musings

JUNE 25, 2021

Ask some potential customers to see if there is real interest, and start thinking about price versus cost. 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. Before you get too excited, it’s time to do some homework.

Non-disclosure Agreement 340

Non-disclosure Agreement Elevator Pitch NDA Entrepreneur 340

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.

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Elevator Pitch Startup Differentiation Distribution 283

The Startup Magazine

JULY 13, 2021

This means perfecting your sales pitch. Build your elevator around those reasons and make a solid argument as to why they should choose you. Just remember that an elevator pitch isn’t intrusive, as it’s more about placing the seed in their mind as to why they need to work with you.

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Elevator Pitch Social Media Security Cost 154

Up and Running

SEPTEMBER 3, 2015

Define your ideal customer. How easy is it to acquire a customer, and how much will it cost? Estimate your basic expenses and forecast sales to ensure that you can make a profit with your business. Interview potential customers to ensure that they have the problem you are trying to solve. Create an elevator pitch.

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Elevator Pitch Startup Balance Sheet Forecast 60

Up and Running

JANUARY 15, 2018

Once you’ve decided that you’re ready to start a small web design firm, you’ll need to develop a host of skills to help you run a successful business, including time management, sales and promotional strategies, and client acquisition. You should develop a sales process that covers the following: Finding new prospects.

Web 86

Web Design Software Review Elevator Pitch 86

VC Cafe

SEPTEMBER 26, 2010

If you can’t explain your idea in 2 sentences, your customers probably won’t either. Also, make sure you practice your elevator pitch. Get feedback from your customers. Ask customers how they would use your product – friends and family don’t count for this purpose. Articulate your idea.

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Elevator Pitch Incubator Technical Review Startup 102

Up and Running

SEPTEMBER 6, 2017

Whether you’re at a party, at a networking event for startups, giving a quick overview to a potential investor, or just meeting new people, a solid elevator speech is your chance to introduce your company to potential customers, investors, and referrals. What’s the difference between an elevator pitch and an elevator speech?

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Elevator Pitch Audience Matching Conversion 118

YoungUpstarts

NOVEMBER 30, 2019

That’s over half a million new startups every month, all fighting for customers’ attention. If you’re starting a business and hope to reach those customers, you’ll need a killer digital marketing plan to get noticed. Become their customer so you can see what they’re doing from the inside.

Marketing 211

Marketing Elevator Pitch Social Network Startup 211

YoungUpstarts

NOVEMBER 9, 2017

If you have a complex ownership structure or don’t want to reveal certain backers, that’s fine, but your customers (and, more important, prospective investors) have a right to know who’s sitting up in your C-suite. Tout Fundraising & Sales Success. Put Your Elevator Pitch Above the Fold.

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Elevator Pitch Leadership Hiring Naming 133

Up and Running

MARCH 14, 2018

Impress the investors with what you and your team have accomplished to date (sales, contracts, key hires, product launches, and so on). Customer acquisition: Marketing and sales strategy. This is usually one of the most skipped sections of an investor pitch and a full business plan. How will you reach your customers?

Hockey Stick 164

Hockey Stick Exit Strategy Technical Review Angel Investor 164

Up and Running

SEPTEMBER 26, 2018

Colgate’s failed foray into frozen dinners didn’t jive with customers’ view of the brand, while Jell-o’s celery flavor just tasted awful. Sure, you have your elevator pitch and you yourself are the product, but a networking event should be about building relationships and building a network, not the hard sell. What changed?

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Elevator Pitch Due Diligence Networking Venture Capital 242

Steve Blank

APRIL 22, 2010

The ability to deliver a persuasive elevator pitch and follow it up with a substantive presentation is the difference between a funded entrepreneur and those having coffee complaining that they’re out of cash. It’s a litmus test of how you will behave in front of customers, employees and investors. 30-seconds.

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Elevator Pitch Architecture Matching Employee 251

Gust

OCTOBER 11, 2011

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 174

Elevator Pitch Startup Differentiation Distribution 174

YoungUpstarts

NOVEMBER 17, 2015

Perhaps you focus more on customer satisfaction than anyone in your field, or you have a knack for communication with clients. Start by defining your vision statement and company mission, which will help inform other areas of your business like marketing or sales. Hone your elevator pitch, not your sales pitch.

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Elevator Pitch Social Media Channel Sales 100

Startup Professionals Musings

DECEMBER 8, 2017

Since this document is outward facing, it is important to keep the terminology and tone consistent with that of your customer set, investors, and business partners. This is your elevator pitch hook, which you must be able to deliver in 30 seconds. Marketing, sales, and customer experience.

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Elevator Pitch Angel Investor Silicon Valley Revenue 163

Startup Professionals Musings

AUGUST 27, 2012

Give the “elevator pitch” for your startup. Here is how and why it works, including a customer-centric quantification of the benefits. Define the characteristics of the overall industry, market forces, market dynamics, and customer landscape. Explain how you will make money and who pays you (real customer).

Elevator Pitch 247

Elevator Pitch Exit Strategy Burn Rate Merger 247

YoungUpstarts

SEPTEMBER 28, 2017

If you hit the room with the sole purpose of only making a sale, snaffling a customer or touting your product then you’ve kinda missed the point. With that said though – nail your elevator pitch. Have a look below at some tips and hints I have for not only networking like a pro, but enjoying yourself as well.

Networking 162

Networking Elevator Pitch Social Media Leadership 162

Women Entrepreneurs Can

JUNE 16, 2022

It’s the name, colors, logo, and feeling of the way you work, and what you want to say to your customer base. Handing out business cards and having a ready elevator pitch goes a long way! Targeting the Right Customers. You need to know who your customer is, what they do, what they need, and how you can help.

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Elevator Pitch Networking Security Naming 52

Startup Professionals Musings

APRIL 9, 2012

Before you start, remember that the goal of the executive summary is to provide a printed version of your best elevator pitch, to provide a positive first impression to the reader. Who is your customer, what is the price, and how much does it cost you to build one? Do you now have real customers, are just starting development.

Business Plan 244

Business Plan Elevator Pitch Viral Lead Generation 244

Startup Professionals Musings

AUGUST 8, 2016

By profit, I simply mean offering a product or service to customers for a price that exceeds the total costs associated with the solution, thus providing some basis for recovering sunk costs and generating a return for stakeholders. Solve a painful problem for customers who have money to spend.

Intellectual Property 120

Intellectual Property Entrepreneur Elevator Pitch Exit Strategy 120

Startup Professionals Musings

JUNE 26, 2020

A business plan is the outward facing definition of the business you hope to drive with your hardware solution, with a hardware overview in the intro to highlight customer value and competitiveness. Use non-fuzzy terms to quantify customer value. Provide specifics on the customer business model.

Business Plan 423

Business Plan Product Intellectual Property Elevator Pitch 423

Startup Professionals Musings

MARCH 22, 2014

Ask some potential customers to see if there is real interest, and start thinking about price versus cost. 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. Before you get too excited, it’s time to do some homework.

Non-disclosure Agreement 269

Non-disclosure Agreement Elevator Pitch NDA LLC 269

Startup Professionals Musings

JUNE 10, 2011

Give the “elevator pitch” for your startup. Here is how and why it works, including a customer-centric quantification of the benefits. Define the characteristics of the overall industry, market forces, market dynamics, and customer landscape. Explain how you will make money and who pays you (real customer).

Elevator Pitch 234

Elevator Pitch Exit Strategy Burn Rate Merger 234

Startup Professionals Musings

SEPTEMBER 26, 2016

His focus is primarily on improving the results for traditional sales professionals, but I’m convinced that the same principles are equally critical for entrepreneurs selling their startup to investors, strategic partners, and customers. These attributes include the following: Specific moment-in-time indication.

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Elevator Pitch Boston Entrepreneur Sales 120

Up and Running

AUGUST 30, 2017

This description should basically be an elevator pitch for potential partners and business investors to get excited about what you’re offering and your unique location, philosophy, and approach. There’s no one way to do this, but I recommend thinking specifically about who your customer base is and marketing accordingly.

Business Plan 93

Business Plan SBA Software Review Advisory Board 93

Startup Professionals Musings

NOVEMBER 17, 2017

Ask some potential customers to see if there is real interest, and start thinking about price versus cost. 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. Before you get too excited, it’s time to do some homework.

Non-disclosure Agreement 141

Non-disclosure Agreement Elevator Pitch NDA LLC 141

OnlyOnce

JULY 9, 2013

Chapter 2: Defining and Testing the Story…Start Out By Admitting You’re Wrong, A Lean Business Plan Template, Problem, Solution, Key Metrics, Unique Value Proposition and Unfair Advantages, Channels, Customer Segments, Cost Structure and Revenue Streams. What About Sales & Marketing?, Part II: Building the Company’s Human Capital.

Startup 95

Startup Advisory Board Elevator Pitch Forecast 95

Steve Blank

NOVEMBER 5, 2009

Chasing funding versus chasing customers and a repeatable and scalable business model, is one reason startups fail. Chasing funding versus chasing customers and a repeatable and scalable business model, is one reason startups fail. Are there customers for what you are building? How many are there? Can it scale?”

Customer Development 262

Customer Development Developer Customer Silicon Valley 262

Hearpreneur

NOVEMBER 27, 2019

Ultimately, we went with On Site because we wanted to give a clear indication of what made us different – kind of a micro elevator pitch in our name. When opening up my men’s clothing shop, I wanted to replicate the feeling of home and for my customers to walk out feeling better than when they walked in.

Naming 150

Naming CPA Entrepreneur Software Review 150

Up and Running

FEBRUARY 16, 2022

For example, TikTok, one of the fastest-growing platforms currently available, provides business owners ample opportunities to connect with leads and drive sales. Having a great elevator pitch can help articulate that vision to others. Social media is one of the best and cheapest ways to attract attention for yourself.

Venture Capital 105

Venture Capital Finance Vermont Elevator Pitch 105

Up and Running

JUNE 5, 2015

Ideally, what you’re going for with an email pitch to an investor is setting up a real-time conversation with them, whether it’s a call or a meeting. So think about what you’d say in your elevator pitch, face to face. Email pitch as a sales pitch. Keep it concise and impactful.

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Email Elevator Pitch Angel Investor Social Media 60