Startup Professionals Musings

SEPTEMBER 4, 2019

This message, usually called your elevator pitch, should be a short and compelling description of your your startup, that can be delivered with conviction in the time it takes to ride up an elevator with a potential investor or partner. Develop and practice your business vision and story.

Entrepreneur 261

Entrepreneur Elevator Pitch Angel Investor Incubator 261

Startup Professionals Musings

JULY 3, 2010

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.

Software Review 239

Software Review Due Diligence Elevator Pitch Startup 239

Startup Professionals Musings

FEBRUARY 22, 2021

Practice your “elevator pitch,” and end it by asking for the order. If you set around quietly waiting for someone you know to offer you money to fund a startup, you will probably have a long wait. On the other hand, if you open every conversation with “I need money,” you won’t have any friends or any money. Be upbeat and respectful.

Technical Review 338

Technical Review Elevator Pitch Due Diligence Angel Investor 338

Startup Professionals Musings

MARCH 18, 2012

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. Here are some key ones they look for: Talks and writes well. Listens before answering questions. Networked and connected.

Technical Review 294

Technical Review Intellectual Property Angel Investor Elevator Pitch 294

Startup Professionals Musings

OCTOBER 3, 2021

This should be obvious, but much of what passes for “a story” these days are things like elevator pitches or product descriptions that have no characters at all. It’s even acceptable to make up a place with a “what if.” Every story needs a main character.

Elevator Pitch 313

Elevator Pitch Technical Review Boston Sales 313

Startup Professionals Musings

DECEMBER 29, 2019

I recommend the elevator pitch -approach instead, which you probably learned in dealing with busy investors, where the person calling the meeting is asked to summarize the purpose, value and recommended solution in the first minute or two.

Elevator Pitch 312

Elevator Pitch Technical Review Dividend Leadership 312

Startup Professionals Musings

MAY 6, 2013

Creating and documenting scripts, like your elevator pitch, for key interactions help you and your team maintain focus. By maintaining basic mental stability and physical fitness, and preparing yourself intellectually you will function more effectively and successes will grow. Prepare to say the right thing.

Elevator Pitch 303

Elevator Pitch Entrepreneur Matching Leadership 303

Startup Professionals Musings

JUNE 26, 2020

Be sure to include this in your “elevator pitch,” which you must always deliver as a prelude to your technology features. Use non-fuzzy terms to quantify customer value. For example, “We just patented a new battery technology that will cut your smartphone charge time and cost in half.”

Business Plan 423

Business Plan Product Intellectual Property Elevator Pitch 423

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. Here are some key ones they look for: Talks and writes well. Listens before answering questions. Networked and connected.

Technical Review 273

Technical Review Intellectual Property Angel Investor Elevator Pitch 273

YoungUpstarts

JUNE 18, 2020

We started the meeting going around the table and were each given two minutes to share what we did – our elevator pitch, a way to present our work in such a concise way that it could be shared within the span of an elevator ride. Reason #3: We make our elevator pitch about ourselves. It was a fiasco.

Elevator Pitch 289

Elevator Pitch New York Security Audience 289

Startup Professionals Musings

MARCH 29, 2012

Creating and documenting scripts, like your elevator pitch, for key interactions help you and your team maintain focus. By maintaining basic mental stability and physical fitness, and preparing yourself intellectually you will function more effectively and successes will grow. Prepare to say the right thing.

Entrepreneur 286

Entrepreneur Elevator Pitch Matching Leadership 286

Startup Professionals Musings

APRIL 29, 2020

First, get their attention with your elevator pitch. They will be judging his aptitude, his character, and his passion. Others can be present for effect, but deferrals to team members for answers are a sign of weakness. Start with the problem and your solution. These are your hooks, and they better be covered in the first 30 seconds.

Technical Review 295

Technical Review Elevator Pitch Angel Investor Startup 295

Startup Professionals Musings

FEBRUARY 3, 2013

Practice your “elevator pitch,” and end it by asking for the order. If you set around quietly waiting for someone you know to offer you money to fund a startup, you will probably have a long wait. On the other hand, if you open every conversation with “I need money,” you won’t have any friends or any money. Be upbeat and respectful.

Technical Review 273

Technical Review Entrepreneur Elevator Pitch Due Diligence 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. Here are some key ones they look for: Talks and writes well. Listens before answering questions. Networked and connected.

Angel Investor 241

Angel Investor Technical Review Intellectual Property Elevator Pitch 241

Startup Professionals Musings

APRIL 19, 2014

Practice your “elevator pitch,” and end it by asking for the order. If you set around quietly waiting for someone you know to offer you money to fund a startup, you will probably have a long wait. On the other hand, if you open every conversation with “I need money,” you won’t have any friends or any money. Be upbeat and respectful.

Technical Review 266

Technical Review Elevator Pitch Due Diligence Startup 266

Startup Professionals Musings

JANUARY 7, 2013

Practice every step, including the elevator pitch to get the first meeting. Remember you only have one chance for a good first impression. Don’t try to talk your way to a deal before you have the documentation. Use friends, family, and angels, if possible, to get a product, revenue, and customers first before the VC connection.

Venture Capital 252

Venture Capital IPO Elevator Pitch Initial Public Offering 252

Startup Professionals Musings

JULY 30, 2013

First, get their attention with your elevator pitch. They will be judging his aptitude, his character, and his passion. Others can be present for effect, but deferrals to team members for answers are a sign of weakness. Start with the problem and your solution. These are your hooks, and they better be covered in the first 30 seconds.

Angel Investor 256

Angel Investor Technical Review Elevator Pitch Matching 256

SoCal CTO

MARCH 12, 2012

Refine your elevator pitch. Here are a few perspectives on the topic of finding technical cofounders: In Building a sweat equity team , Joel on Software tells us: You simply need to network. Go to user groups. Go to tech (or other relevant industry) events.

Technical Cofounder 211

Technical Cofounder Cofounder CTO Hire Los Angeles 211

Startup Professionals Musings

APRIL 2, 2012

An Executive Summary is a one page elevator pitch of the whole plan (may be separate from the plan), which gives an investor a net perspective on the key business parameters. You can bet that if he ever sees a real business plan from you, it will go to the bottom of the pile. Send the plan without a summary.

Elevator Pitch 244

Elevator Pitch Technical Review Business Plan .Net 244

Startup Professionals Musings

FEBRUARY 5, 2011

An Executive Summary is a one page elevator pitch of the whole plan (may be separate from the plan), which gives an investor a net perspective on the key business parameters. You can bet that if he ever sees a real business plan from you, it will go to the bottom of the pile. Send the plan without a summary.

Business Plan 242

Business Plan Elevator Pitch Technical Review .Net 242

Startup Professionals Musings

DECEMBER 20, 2011

Practice your “elevator pitch,” and end it by asking for the order. If you set around quietly waiting for someone you know to offer you money to fund a startup, you will probably have a long wait. On the other hand, if you open every conversation with “I need money,” you won’t have any friends or any money. Be upbeat and respectful.

Early Stage 247

Early Stage Technical Review Elevator Pitch Due Diligence 247

SoCal CTO

NOVEMBER 1, 2010

Refine your elevator pitch. Here are a few perspectives on it: Building a sweat equity team You simply need to network. Go to user groups. Go to tech (or other relevant industry) events. Eventually you'll catch the ear, the vision, of someone who would like to jump on board, and has something you need in return.

Technical Cofounder 241

Technical Cofounder CTO Hire Equity Sweat Equity 241

Startup Professionals Musings

JUNE 22, 2012

First, get their attention with your elevator pitch. They will be judging his aptitude, his character, and his passion. Others can be present for effect, but deferrals to team members for answers are a sign of weakness. Start with the problem and your solution. These are your hooks, and they better be covered in the first 30 seconds.

Technical Review 243

Technical Review Elevator Pitch Angel Investor Matching 243

Steve Blank

NOVEMBER 5, 2009

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 [.] Thanks and keep up the good work! is quite good.

Customer Development 270

Customer Development Developer Customer Silicon Valley 270

Startup Professionals Musings

SEPTEMBER 10, 2010

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 233

Elevator Pitch Startup Distribution Channel 233

Startup Professionals Musings

NOVEMBER 4, 2011

They must amplify your “elevator pitch” to investors, as well as key points from the business plan and the financial model. Investors expect a one or two-page executive summary sheet for the initial screening, backed up by a ten-slide Powerpoint investor presentation. Prepare an investment-grade business plan.

Intellectual Property 249

Intellectual Property Angel Investor Technical Review Elevator Pitch 249

Startup Professionals Musings

APRIL 29, 2011

First, get their attention with your elevator pitch. They will be judging his aptitude, his character, and his passion. Others can be present for effect, but deferrals to team members for answers are a sign of weakness. Start with the problem and your solution. These are your hooks, and they better be covered in the first 30 seconds.

Technical Review 237

Technical Review Elevator Pitch Angel Investor Matching 237

Startup Professionals Musings

NOVEMBER 28, 2010

Practice your “elevator pitch,” and end it by asking for the order. If you set around quietly waiting for someone you know to offer you money to fund a startup, you will probably have a long wait. On the other hand, if you open every conversation with “I need money,” you won’t have any friends or any money. Be upbeat and respectful.

Technical Review 233

Technical Review Elevator Pitch Due Diligence Angel Investor 233

Startup Professionals Musings

OCTOBER 15, 2018

This should be obvious, but much of what passes for “a story” these days are things like elevator pitches or product descriptions that have no characters at all. 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

Start by developing an “elevator pitch,” that you can deliver in thirty seconds to hook a potential customer or investor. Present at trade shows and network with your ten-slide pitch to build your following. Prepare your marketing story for customers and investors.

Intellectual Property 235

Intellectual Property Elevator Pitch Harvest Technical Review 235

Startup Professionals Musings

SEPTEMBER 23, 2010

They must amplify your “elevator pitch” to investors, as well as key points from the business plan and the financial model. Investors expect a one or two-page executive summary sheet for the initial screening, backed up by a ten-slide Powerpoint investor presentation. Prepare an investment-grade business plan.

Angel Investor 224

Angel Investor Intellectual Property Technical Review Elevator Pitch 224

Gust

JULY 23, 2014

So even if my own mother asked me to meet with you, and you were pitching me a biotech opportunity for a $10 million investment at a $90 million valuation, I might take the meeting, but it wouldn’t be particularly useful for either of us. Now comes the really tricky part: getting me to review all that stuff you just neatly uploaded.

Angel Investor 153

Angel Investor Elevator Pitch Pre-Money Valuation Technical Review 153

Gust

DECEMBER 13, 2012

So when reviewing 20, 50 or 100 submissions for funding during the screening process, I have found that it is incredibly helpful to be able to watch a quick (2-3 minute) video elevator pitch so that I can get an instant gut feel for the entrepreneur and the company.

Early Stage 149

Early Stage Video Elevator Pitch Angel Investor 149

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. They look for passion and optimism and more importantly, the willingness to listen, learn and get things done. Able to communicate on every level.

Sweat Equity 152

Sweat Equity Entrepreneur Elevator Pitch Startup 152

ReadWriteStart

JUNE 1, 2020

You should also prepare an elevator pitch, which is a 5 minute verbal summary of your business idea and the plan. It is called an elevator pitch because you should be able to pitch to someone over an elevator ride. Teaser documents are usually used to initiate formal communication with investors.

Startup 150

Startup Entrepreneur Elevator Pitch Seed Stage 150

Up and Running

OCTOBER 22, 2014

The beauty of the pitch format is that you can come back and revise as you go. See Also The Key Components of a Perfect Elevator Pitch. How to use your pitch: Now that you have a first draft of your pitch, or maybe even several different pitches, you need to put it to use.

Business Plan 130

Business Plan Elevator Pitch Forecast Partner 130

Steve Blank

MARCH 8, 2011

Each team gave each professor a three-minute elevator pitch for their idea, and we let them know if it was good enough for the class. That night we posted the list of the students who were accepted into the class. The next day, the teaching team held a mandatory “ speed-dating ” event with the newly formed teams.

Lean 307

Lean Business Model Customer Development Guinea 307