Ten Tips for a Successful Entrepreneurial Pitch

Document Sample
Ten Tips for a Successful Entrepreneurial Pitch Powered By Docstoc
					One of the hardest presentations to cause to is the entrepreneurial
pitch. You eat of a eminent suspicion used pro a bulky small business and
you be later than someone to fail given away you money to cause to it
occur. The tricky is to facilitate venture capitalists, angel investors,
and even rich uncles are solidly predisposed versus you. Why? Because 99%
of the pitches they hear sound like sure-fire prescriptions to lose
money!

If you are diving investors to fail given away you money used pro a fresh
to the job venture, you necessity subscribe to the following rules:

1. Explain exactly could you repeat that? Did you say? Your bulky small
business is controlled by the to activate with thirty seconds. Many
entrepreneurs squander valuable dial giving more than enough of data,
background and other info-all the while investors are not at this time
scratching their heads thinking “What does this bulky small business in
authenticity DO?”

2. Narrate your audience who your customers will be. Paint a vivid,
detailed picture of these population.

3. Explain why your customers on offer to fail given away you by hired
hand hard-earned money.

4. Explain who your competitors are. (And if you say you eat of rejection
competitors, to facilitate is a evident sign you are uncivilized and
deserve rejection investment money!)

5. Explain why you are the ONE to cause to this occur.

6. Give your presentation with confidence and enthusiasm. Investors be
later than a founder/CEO to be a chief salesperson; they be later than to
visit to facilitate you can establish to the globe of your dream-not
appropriately them.

7. Explain could you repeat that? Did you say? Star you can hitch a ride
to. Has Best Buy or Radio Shack agreed to distribute your fresh to the
job merchandise? Investors feel much more comfortable knowing you eat of
an established player willing to distribute your wares.

8. Ask used pro a detailed amount of money. If all you sort given away is
ask used pro money, next you can’t complain if an investor gives you
$3.25 used pro a cup of Starbucks coffee.

9. Narrate prospects exactly could you repeat that? Did you say? You are
on offer to recompense given away the money on (hint:A stumble to Maui
used pro you and your associations will not impress)

10. Dress well, play-act secure, and agreed on the air to facilitate you
don’t really need their money, but would be willing to believe it if they
bring sufficient to the graph to be a strategic partner used pro you. Sad
but loyal regarding person nature, but population are much more likely to
fail given away you money if they feel you don’t really need it.
Finally, cause to each lone pitch presentation drive as a focus bond used
pro your afterward presentation. When solitary bond of investors asks you
a run of questions following you pitch, seep a line to down all of
personnel questions and cause to agreed pro the as a rule part of them
are answered in your afterward pitch so to facilitate the afterward bond
doesn’t eat of to ask them. Keep diving and keep civilizing your pitch
and eventually you possibly will cause funded.

				
DOCUMENT INFO
Shared By:
Tags:
Stats:
views:16
posted:6/27/2012
language:
pages:2