article thumbnail

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.

article thumbnail

The Elevator Pitch Example You’ve Always Needed

The Startup Magazine

Enter the elevator pitch, a tried-and-true networking tool that is crucial for any successful business leader to master. What Is an Elevator Pitch? Forbes suggests that the speech should be around 30 seconds — the same amount of time it takes to ride up an elevator. Sales pitches. Networking events.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Recruiting Should Be Your #1 Priority From Day 1

YoungUpstarts

As a new entrepreneur or business owner, the most important thing you will do is hire talent. Hiring = Sales. Robert Metcalfe, co-founder and CEO of 3Com, says you need to think about it as “recruiting, not hiring”. Think of it as an elevator pitch for recruiting. What does the right hire look like?

Cofounder 164
article thumbnail

8 Startup Gaps That Will Frustrate Funding Efforts

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.

article thumbnail

The 7 key components of a perfect elevator pitch

Up and Running

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.

article thumbnail

8 Entrepreneur Mistakes Which Will Kill Seed Funding

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.

article thumbnail

Eight Ways to be Your Own Worst Enemy for Funding

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.