Startup Professionals Musings

AUGUST 9, 2011

That story has to begin with a painful problem shared by a large collection of viable customers, with your competitive solution. Additionally, you need to be able to communicate the essence that story and value to investors in a couple of sentences – your elevator pitch. Lack of clear objectives/goals.

Software Review 246

Software Review Due Diligence Elevator Pitch Early Stage 246

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. Successful entrepreneurs already have a visible network of trusted suppliers, potential customers, partners, and even investors.

Technical Review 273

Technical Review Intellectual Property Angel Investor Elevator Pitch 273

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. Successful entrepreneurs already have a visible network of trusted suppliers, potential customers, partners, and even investors.

Angel Investor 241

Angel Investor Technical Review Intellectual Property Elevator Pitch 241

Startup Professionals Musings

JANUARY 7, 2013

Practice every step, including the elevator pitch to get the first meeting. Use friends, family, and angels, if possible, to get a product, revenue, and customers first before the VC connection. Investment firms specialize by business sectors, and each partner within the firm has a specialty.

Venture Capital 252

Venture Capital IPO Elevator Pitch Initial Public Offering 252

Steve Blank

MARCH 8, 2011

It was designed to bring together many of the new approaches to building a successful startup – customer development, agile development, business model generation and pivots. Startups, are not about executing a plan where the product, customers, channel are known. Get Out of the Building and test the Business Model.

Lean 307

Lean Business Model Customer Development Guinea 307

Startup Professionals Musings

OCTOBER 15, 2018

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. It’s even acceptable to make up a place with a “what if.” Every story needs a main character.

Elevator Pitch 211

Elevator Pitch Technical Review Boston Sales 211

Startup Professionals Musings

NOVEMBER 4, 2019

In my experience, the key steps I look for always include the following: Testing the idea against customers who have money to spend. Prepare your marketing story for customers and investors. Start by developing an “elevator pitch,” that you can deliver in thirty seconds to hook a potential customer or investor.

Intellectual Property 235

Intellectual Property Elevator Pitch Harvest Technical Review 235

Startup Professionals Musings

JUNE 20, 2016

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. Fundable entrepreneurs have to feel comfortable talking and listening to engineers, financial people, marketing and especially customers.

Sweat Equity 152

Sweat Equity Entrepreneur Elevator Pitch Startup 152

Up and Running

OCTOBER 22, 2014

Now, there may be a point in your business career that you will need to deliver a formal business plan to a bank, investors, or other business partners. But, until that point, I recommend that you start your planning with a simpler process— a pitch —that will help you develop your business strategy. Do you have a single storefront?

Business Plan 130

Business Plan Elevator Pitch Forecast Partner 130

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.

Elevator Pitch 100

Elevator Pitch Web Portfolio B2B 100

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.

Elevator Pitch 166

Elevator Pitch Forecast Oregon SBA 166

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. Who are your customers? Put effort into your existing customers. Maintain honesty and loyalty to your brand and customers.

Elevator Pitch 100

Elevator Pitch Technical Review Affiliate Global 100

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

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.

Elevator Pitch 102

Elevator Pitch Incubator Technical Review Startup 102

Startup Professionals Musings

JULY 9, 2021

Here is my outline of key deliverables that could convince me that you are a cut above the “average” entrepreneur that approaches me with nothing but a dream and a prayer: Personal video introduction with elevator pitch. Investor and strategic partner pitch. Net out the problem and your solution in the first 30 seconds.

Elevator Pitch 390

Elevator Pitch Entrepreneur Due Diligence Angel Investor 390

Up and Running

MARCH 13, 2019

Whether you are trying to raise money from angel investors or venture capitalists for your business, or just want to perfect your business strategy, a solid elevator pitch is an essential tool for achieving your goals. How to build a winning elevator pitch in 7 steps: 1. Define the problem. Simple as that.

Elevator Pitch 140

Elevator Pitch Video Forecast Oregon 140

Austin Startup

OCTOBER 12, 2010

On October 14th Tech Ranch will be hosting a Venture Pitch event, where 10 entrepreneurs will be pitching their idea to a panel including a potential customer, a proven entrepreneur, and a seasoned investor. We asked him to tell about the Venture Forth program and his preparation for pitching.

Flash 77

Flash Elevator Pitch Bootstrapping Cofounder 77

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 154

Naming CPA Entrepreneur Software Review 154

Startup Professionals Musings

JULY 31, 2015

Every entrepreneur needs a value proposition statement for his or her startup that can hook potential investors and partners in less than a minute -- the short time you might join them in an elevator on the way to their offices. Investors worry about competitors more than customer features.

Elevator Pitch 120

Elevator Pitch Angel Investor Differentiation Business Plan 120

Up and Running

JULY 23, 2015

As your business grows, you’ll be looking to expand your customer base. You’ve successfully launched your business, and built up a solid—if small—customer base. Starting small has its benefits; after all, it allowed you the opportunity to cultivate a loyal relationship with your customers. Leverage your existing network.

Customer 60

Customer Elevator Pitch Networking Software Review 60

crowdSPRING Blog

FEBRUARY 11, 2019

Find partners or investors. See section 9 below to learn how to find a partner or investors.). Perceived value is the amount that a customer thinks a service (or product) is worth. As we explained previously : Today, it’s impossible to reach most customers without a website. Choose your niche. Define your services.

Small Business Administration 86

Small Business Administration Small Business Social Media Elevator Pitch 86

mashable.com

MARCH 24, 2011

Mashable | The Social Media Guide Viral Topics Twitter YouTube Facebook iPhone Google Video About Mashable Company About Us Advertise Submit News Contact Us Announcements Resources Guidebooks Lists How To Trending Mashable Awards Subscriptions Partners W3 EDGE Rackspace Concentric Sky Dynect DNS Intridea Welcome to Mashable! Have an account?

Programming 86

Programming Startup Technical Review Social Media 86

Startup Professionals Musings

JUNE 18, 2021

You need to have business relationships with team members, investors, customers, and a myriad of other support people. Work on your elevator pitch. This is a concise, well-practiced description of your idea or your startup, delivered with conviction to start a relationship in the time it takes to ride up an elevator.

Elevator Pitch 351

Elevator Pitch Entrepreneur Social Network Networking 351

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. What are the details of your ownership structure, board of directors, investor list, partners, and so on? Business partnerships.

Business Plan 93

Business Plan SBA Software Review Advisory Board 93

Startup Professionals Musings

MARCH 2, 2020

In addition, creating a business requires leading and interacting with other people, including partners, investors, and customers. At least the first time around, it pays big dividends for an idea person to find a partner with the business skills you haven’t tested yet. You must also learn from your customers.

Elevator Pitch 315

Elevator Pitch Cofounder Dividend Leadership 315

Startup Professionals Musings

JULY 12, 2020

That means they normally only invest in startups with a working product that has already been sold to at least one customer for full price (beta tests, giveaways and best friends don’t count). Building a huge inventory before you have a confirmed customer is not a convincing strategy. Make your focus and priorities clear.

Elevator Pitch 336

Elevator Pitch Salary Angel Investor Viral 336

Startup Professionals Musings

MAY 31, 2014

That means they normally only invest in startups with a working product that has already been sold to at least one customer for full price (beta tests, giveaways and best friends don’t count). Building a huge inventory before you have a confirmed customer is not a convincing strategy. Make your focus and priorities clear.

Elevator Pitch 285

Elevator Pitch Salary Angel Investor Viral 285

Startup Professionals Musings

MAY 18, 2014

Here is my outline of some key activities that could convince me you are a cut above the “average” entrepreneur that approaches me with nothing but a dream and a prayer: Personal video introduction with elevator pitch. Investor and strategic partner pitch. Net out the problem and your solution in the first 30 seconds.

Entrepreneur 270

Entrepreneur Elevator Pitch Due Diligence Angel Investor 270

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

Startup Professionals Musings

AUGUST 29, 2013

You need to have business relationships with team members, investors, customers, and a myriad of other support people. Work on your elevator pitch. This is a concise, well-practiced description of your idea or your startup, delivered with conviction to start a relationship in the time it takes to ride up an elevator.

Elevator Pitch 270

Elevator Pitch Entrepreneur Social Network Networking 270

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

Startup Professionals Musings

MAY 19, 2010

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 235

Elevator Pitch Exit Strategy Burn Rate Merger 235

Startup Professionals Musings

FEBRUARY 7, 2011

You need to have business relationships with team members, investors, customers, and a myriad of other support people. Work on your elevator pitch. This is a concise, well-practiced description of your idea or your startup, delivered with conviction to start a relationship in the time it takes to ride up an elevator.

Elevator Pitch 241

Elevator Pitch Entrepreneur Social Network Networking 241

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

AUGUST 8, 2012

You need to have business relationships with team members, investors, customers, and a myriad of other support people. Work on your elevator pitch. This is a concise, well-practiced description of your idea or your startup, delivered with conviction to start a relationship in the time it takes to ride up an elevator.

Elevator Pitch 244

Elevator Pitch Social Network Startup Networking 244

Startup Professionals Musings

APRIL 24, 2011

Practice every step, including the elevator pitch to get the first meeting. Use friends, family, and angels, if possible, to get a product, revenue, and customers first before the VC connection. Investment firms specialize by business sectors, and each partner within the firm has a specialty.

Venture Capital 233

Venture Capital Revenue Elevator Pitch Silicon Valley 233

Startup Professionals Musings

APRIL 7, 2023

That means they normally only invest in startups with a working product that has already been sold to at least one customer for full price (beta tests, giveaways and best friends don’t count). Building a huge inventory before you have a confirmed customer is not a convincing strategy. Make your focus and priorities clear.

Elevator Pitch 228

Elevator Pitch Salary Angel Investor Viral 228