Startup Professionals Musings

FEBRUARY 3, 2013

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. Be upbeat and respectful. Show some incremental value along the way.

Technical Review 273

Technical Review Entrepreneur Elevator Pitch Due Diligence 273

Startup Professionals Musings

APRIL 19, 2014

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. Be upbeat and respectful. Show some incremental value along the way.

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. 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

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

SoCal CTO

NOVEMBER 1, 2010

He had a partially built product. 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. Understand where they were in terms of being able to pay or was this equity-only (sweat equity only). Go to user groups.

Technical Cofounder 241

Technical Cofounder CTO Hire Equity Sweat Equity 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. Be upbeat and respectful. Show some incremental value along the way.

Early Stage 247

Early Stage Technical Review Elevator Pitch Due Diligence 247

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

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. Be upbeat and respectful. Show some incremental value along the way.

Technical Review 233

Technical Review Elevator Pitch Due Diligence Angel Investor 233

Steve Blank

MARCH 8, 2011

Startups, are not about executing a plan where the product, customers, channel are known. Over the quarter, teams of students would put the theory to work, using these tools to get out of the building and talk to customer/partners, etc. We were positing that 20 years of teaching “how to write a business plan” might be obsolete.

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

JUNE 20, 2016

Even if your product is a technological marvel, I look for balanced strength on the team in finance, marketing and operations. 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. Focus on prior results, not titles.

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. What is your product or service?

Business Plan 130

Business Plan Elevator Pitch Forecast Partner 130

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

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

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 Differentiation 166

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 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. Prior to joining Invoice2go, Greg was affiliated with Accel Partners as CEO-in-residence.

Elevator Pitch 100

Elevator Pitch Technical Review Affiliate Global 100

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. Pitch your company, not your product.

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

He cofounded the popular web application framework company Ext JS (now Sencha) and now spends his days building products for iPhone and iPad. Today I have a functional product that’s well on the path to version 1.0 and an investor pitch that I’ll be presenting in front of 150 people on Thursday. How did that happen?

Flash 77

Flash Elevator Pitch Bootstrapping Cofounder 77

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. Skip the sales pitch and avoid preaching. Catch the elevator up to make it a business.

Elevator Pitch 120

Elevator Pitch Angel Investor Differentiation Business Plan 120

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

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

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. Your branding can influence how your product is perceived, as well. Check out MindTools’ guide to Crafting an Elevator Pitch.

Small Business Administration 86

Small Business Administration Small Business Social Media Elevator Pitch 86

VC Cafe

MARCH 4, 2024

With NVIDIA’s Israel-1 AI supercomputer, a broad range of innovative companies in Israel will create AI that can transform the productivity and business models of enterprises around the world.” manufacturing facilities as part of a multi-year roadmap to support domestic EV battery production. The list goes on and on.

Israel 78

Israel Technical Review Cofounder Venture Capital 78

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. There you were ushered into a gorgeously appointed conference room for a precise amount of time with a serious-looking partner. Better safe than sorry.

Elevator Pitch 316

Elevator Pitch Angel Investor Venture Capital Business Plan 316

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). They are willing to cover marketing, inventory and scaling, but not product development. Make your focus and priorities clear.

Elevator Pitch 336

Elevator Pitch Salary Angel Investor Viral 336

Both Sides of the Table

AUGUST 15, 2010

You bump into the person you’ve always wanted to chat with or your perfect business development partner who can “make” you. I’ve written about the “elevator” pitch before. My partner was in product management at Demand Media. Be ready for the elevator pitch – This is different than your opening line.

Elevator Pitch 315

Elevator Pitch Southern California Media Hosting 315

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

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. Pitch your company, not your product.

Entrepreneur 270

Entrepreneur Elevator Pitch Due Diligence Angel Investor 270

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). They are willing to cover marketing, inventory and scaling, but not product development. Make your focus and priorities clear.

Elevator Pitch 285

Elevator Pitch Salary Angel Investor Viral 285

Startup Professionals Musings

JANUARY 25, 2014

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. There you were ushered into a gorgeously appointed conference room for a precise amount of time with a serious-looking partner. Better safe than sorry.

Elevator Pitch 268

Elevator Pitch Venture Capital Startup Angel Investor 268

Startup Professionals Musings

AUGUST 27, 2012

Give the “elevator pitch” for your startup. Solution product & technology. Make sure to communicate the relevance of your product / services to market needs. Marketing, sales, and partners. Here are the ten slides you need: Problem and market need. Describe your technology patents and “secret sauce”.

Elevator Pitch 247

Elevator Pitch Exit Strategy Burn Rate Merger 247

Startup Professionals Musings

SEPTEMBER 9, 2011

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. There you were ushered into a gorgeously appointed conference room for a precise amount of time with a serious-looking partner. Better safe than sorry.

Elevator Pitch 239

Elevator Pitch Angel Investor Venture Capital Business Plan 239

Startup Professionals Musings

NOVEMBER 25, 2012

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. There you were ushered into a gorgeously appointed conference room for a precise amount of time with a serious-looking partner. Better safe than sorry.

Elevator Pitch 236

Elevator Pitch Entrepreneur Angel Investor Venture Capital 236

Startup Professionals Musings

MAY 19, 2010

Give the “elevator pitch” for your startup. Solution product & technology. Make sure to communicate the relevance of your product / services to market needs. Marketing, sales, and partners. Here are the ten slides you need: Problem and market need. Describe your technology patents and “secret sauce”.

Elevator Pitch 235

Elevator Pitch Exit Strategy Burn Rate Merger 235