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. Networked and connected. The technology or product may be at an embryonic stage. Listens before answering questions.

Angel Investor 241

Angel Investor Technical Review Intellectual Property Elevator Pitch 241

Startup Professionals Musings

DECEMBER 20, 2011

You see, investors invest in people, before they invest in ideas or products. Practice your “elevator pitch,” and end it by asking for the order. Look for ways to get some traction with a minimal product, while you are still developing the main event. Network to build investor relationships before you ask for money.

Early Stage 247

Early Stage Technical Review Elevator Pitch Due Diligence 247

Startup Professionals Musings

NOVEMBER 4, 2011

Reserve the company name on social networks to protect it. Build a prototype product. A conundrum for many frustrated entrepreneurs is that they need money from investors to design and build a prototype product, yet most angel investors expect to see at least a prototype before they invest. Define some intellectual property.

Intellectual Property 249

Intellectual Property Angel Investor Technical Review Elevator Pitch 249

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. Get introduced via one of the social networks, or a professional organization, before you approach a VC with a business proposal.

Venture Capital 252

Venture Capital IPO Elevator Pitch Initial Public Offering 252

Startup Professionals Musings

NOVEMBER 28, 2010

You see, investors invest in people, before they invest in ideas or products. Practice your “elevator pitch,” and end it by asking for the order. Look for ways to get some traction with a minimal product, while you are still developing the main event. Network to build investor relationships before you ask for money.

Technical Review 233

Technical Review Elevator Pitch Due Diligence Angel Investor 233

SoCal CTO

NOVEMBER 1, 2010

He had a partially built product. Here are a few perspectives on it: Building a sweat equity team You simply need to network. Refine your elevator pitch. In my experience, it’s naive to think you can just “get developers to build the product” although it does sometimes work. It can be done, but it’s hard.

Technical Cofounder 241

Technical Cofounder CTO Hire Equity Sweat Equity 241

Startup Professionals Musings

SEPTEMBER 23, 2010

Reserve the company name on social networks to protect it. Build a prototype product. A conundrum for many frustrated entrepreneurs is that they need money from investors to design and build a prototype product, yet most angel investors expect to see at least a prototype before they invest. Define some intellectual property.

Angel Investor 224

Angel Investor Intellectual Property Technical Review Elevator Pitch 224

Startup Professionals Musings

NOVEMBER 4, 2019

I love good causes and social entrepreneurs, but a recent pitch to me about eliminating world hunger with a new product (harvesting algae at low cost) seemed to forget that really hungry people don’t have any money. 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

Steve Blank

MARCH 8, 2011

Startups, are not about executing a plan where the product, customers, channel are known. 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. Unlike Groupon which offers one product deal per day chosen based on the customer’s location.

Lean 307

Lean Business Model Customer Development Guinea 307

YoungUpstarts

APRIL 17, 2018

Think of it as an elevator pitch for recruiting. Tools such as LinkedIn are obviously useful, but it can also pay dividends to use your network to find potential hires. It doesn’t take long to ask your employees and network, so do it. Not sales, product development, or fundraising.

Cofounder 164

Cofounder Elevator Pitch Hiring Dividend 164

Startup Professionals Musings

JUNE 20, 2016

Even if your product is a technological marvel, I look for balanced strength on the team in finance, marketing and operations. Do your networking with investors well before the funding pitch. Focus on prior results, not titles. Business credentials and functional coverage. Fill in gaps with expert advisors to make it whole.

Sweat Equity 152

Sweat Equity Entrepreneur Elevator Pitch Startup 152

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

ReadWriteStart

JUNE 1, 2020

You must have a prototype or a minimum viable product (MVP). To fund the sudden spike in production, funds will be required for additional inventory and wages. It is going to cost a lot of money just to get the initial batch of products to test the market and would definitely require external funding. Government programs.

Startup 150

Startup Entrepreneur Elevator Pitch Seed Stage 150

Up and Running

OCTOBER 21, 2014

Market research is important because it will help you figure out whether or not there is demand for the service you’re offering or the product you’re selling. See what people are paying, how they’re rating products/services. Day 8: Write a one page pitch. Go shopping – do both online and offline shopping or ‘research’.

Elevator Pitch 166

Elevator Pitch Software Review SBA Angel Investor 166

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. In this case, it’s not a lack of interest, just a lack of time and efficiency.

Angel Investor 153

Angel Investor Elevator Pitch Pre-Money Valuation Technical Review 153

Gust

SEPTEMBER 27, 2014

In order to be competitive, a company needs to have just about everything in place, from its product to its team to market traction, before it is ready to seek funding. At the very least, answer ALL the profile questions, include your company’s logo, create a two-minute elevator pitch video and upload your presentation deck.

Angel Groups 159

Angel Groups Elevator Pitch Software Review Deal Flow 159

The Startup Magazine

DECEMBER 24, 2018

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. Networking events. Sales pitches.

Elevator Pitch 136

Elevator Pitch Differentiation Campaign Design 136

VC Cafe

SEPTEMBER 26, 2010

Launch48 is a new kind of micro-incubator taking place over the course of a weekend, which enables entrepreneurs to pitch their concept in one minute, in order to find team mates who are interested in pursuing the idea. Also, make sure you practice your elevator pitch. Avoid trying to get your product 100% right from the start.

Elevator Pitch 102

Elevator Pitch Incubator Technical Review Startup 102

Startup Professionals Musings

JANUARY 27, 2020

As an aspiring entrepreneur, one of the most important things you need is a memorable “ elevator pitch ,” to communicate your startup value proposition and leave a great first impression on friends, investors, employees, and future customers. I recommend that a good elevator pitch is not just for riding with someone in an elevator.

Elevator Pitch 317

Elevator Pitch Intellectual Property Cost Technology 317

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

YoungUpstarts

NOVEMBER 27, 2016

Take full advantage of your most productive times. Reflect on what your most productive hours in the day are, and set yourself up for success within those hours. Pin down your elevator pitch. Here are the top tips for running a successful business on your own: 1.

Elevator Pitch 100

Elevator Pitch Technical Review Affiliate Global 100

Startup Professionals Musings

MARCH 11, 2023

I’m not proposing that anyone promise things that they don’t intend to deliver, but it’s time that founders switch to start selling their product before they build it, rather than believing the old adage of “if we build it, they will come.” Craft and hone your elevator pitch early. Craft and hone your elevator pitch early.

Elevator Pitch 315

Elevator Pitch Public Relations Social Media Startup 315

Startup Professionals Musings

JUNE 8, 2020

I’m not proposing that anyone promise things that they don’t intend to deliver, but it’s time that founders switch to start selling their product before they build it, rather than believing the old adage of “if we build it, they will come.” Craft and hone your elevator pitch early. Craft and hone your elevator pitch early.

Elevator Pitch 312

Elevator Pitch Public Relations Marketing Social Media 312

The Startup Magazine

AUGUST 18, 2017

A panel representing savvy Investors/Venture Capitalists and seasoned African Fintech Pioneers will evaluate the business model of each chosen start‐up or trail‐blazer in a high-stress 10 minute “ elevator pitch ” to the “ Wolves ” who will ask the tough questions and provide the illuminating insights.

Africa 84

Africa Ethiopia Elevator Pitch Technical Review 84

Startup Professionals Musings

JULY 31, 2015

The better you understand what makes an effective elevator pitch, the more likely you will attract investors and customers. Here are the most common elevator pitch missteps I see often as an angel investor and advisor to startups, with some quick advice on how to address each: Insist on leading with the story of the company.

Elevator Pitch 120

Elevator Pitch Angel Investor Differentiation Business Plan 120

Up and Running

JANUARY 15, 2018

This is the perfect time to impress people with your elevator pitch , which is what you use to show potential clients how you can help their business and the reasons they should hire you. Start networking. Choose some of the same places to hang out and try to engage them in conversation. Connect online. Master time management.

Web 86

Web Design Software Review Elevator Pitch 86

YoungUpstarts

SEPTEMBER 28, 2017

OK, are you sitting down ‘cause I have a confession to make…ready… I actually like networking! Now I’m not saying it’s easy, you always have to be ‘on’, you always have to be willing to mix it up and sometimes I do get that affliction suffered by many power networkers – Smile Cheek Fatigue. Networking is about people, not end goals.

Networking 162

Networking Elevator Pitch Social Media Leadership 162

Startup Professionals Musings

AUGUST 9, 2014

There is real value in doing the key things yourself, before your startup is even started: Demonstrate thought leadership before selling a product. Highlight the problem and your concerns in industry blogs, speaking in public forums, and making yourself visible on social media and networking opportunities.

Elevator Pitch 257

Elevator Pitch Public Relations Entrepreneur Social Media 257

Startup Professionals Musings

JUNE 25, 2021

It’s really a multi-step process, with the first step getting you from an idea to a viable product, and the remaining steps creating a sustainable business. Pitching” is the insider term for presenting your product idea to people who could conceivably buy it or fund your efforts. Factory in the garage (make it).

Non-disclosure Agreement 340

Non-disclosure Agreement Elevator Pitch NDA Entrepreneur 340

Startup Professionals Musings

JULY 30, 2012

I’m talking about doing some real networking to test your elevator pitch, and get to know some potential investors before you ask them for money. Start writing a blog, speaking at local groups, and conversing at networking meetings about the need you see in the marketplace, before you pitch a solution.

Elevator Pitch 240

Elevator Pitch Public Relations Startup IP 240

Startup Professionals Musings

FEBRUARY 13, 2022

Offer to give your executive presentation, but he may want just the elevator pitch. Don’t insist on a product demo – he is buying the business, not the product. Put your ear to the ground before charging ahead. Listen, and follow his lead with confidence and enthusiasm. Follow-up to assess progress or casualties.

Elevator Pitch 316

Elevator Pitch Angel Investor Venture Capital Business Plan 316

Startup Professionals Musings

MAY 7, 2011

I’m talking about doing some real networking to test your elevator pitch, and get to know some potential investors before you ask them for money. Start writing a blog, speaking at local groups, and conversing at networking meetings about the need you see in the marketplace, before you pitch a solution.

PR 231

PR Elevator Pitch Public Relations Startup 231

Duct Tape Marketing

MARCH 23, 2023

To create effective messaging, businesses should understand the essence of their product, service, or their brand and what makes them different from others in their industry. It's brought to you by the HubSpot Podcast Network. But you really have to try to understand the essence of your product or service or your brand.

Framework 95

Framework Audience Audio Elevator Pitch 95

Startup Professionals Musings

APRIL 17, 2010

I’m talking about doing some real networking to test your elevator pitch, and get to know some potential investors before you ask them for money. Start writing a blog, speaking at local groups, and conversing at networking meetings about the need you see in the marketplace, before you pitch a solution.

Public Relations 226

Public Relations Elevator Pitch Startup IP 226

YoungUpstarts

SEPTEMBER 20, 2017

by Esther Choy, author of “ Let the Story Do the Work: The Art of Storytelling for Business Success “ A few years ago, when I was attending a workshop on preparing elevator speeches, the facilitator asked, “How many of you would rather get poked in the eye than attend a networking event?”. It’s predictable.

Networking 157

Networking Elevator Pitch Conversion Audience 157

Up and Running

SEPTEMBER 3, 2015

List your products and services and the problems they are solving or needs they are fulfilling. Create an elevator pitch. File for trademark protection i f you will use your business name to identify a product or service. Refine your elevator pitch for investors. Network, network, network (talk to people!).

Elevator Pitch 60

Elevator Pitch Startup Balance Sheet Forecast 60

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