BU121 Lecture Notes - Lecture 4: Elevator Pitch, Microsoft Powerpoint, Proverb
Document Summary
You pitch" your business to investors because you need their money. The pitching format you use depends on what stage of the investor-courting process you are in. Formal screen to formally presentation - present screening. Pitch then plan: elevator pitch, presentation -- 10 slides, report. The key elements of an elevator pitch for investor funding. You must demonstrate the need the product will address. - market void you are trying to fill. You must demonstrate the value proposition and competitive advantage -- how your product solves the pain and is unique and valuable to customers. You must demonstrate why the idea is worth the investor taking more time to listen. How do you plan to make money -- what is your revenue model. How much funding are you looking for and what will you give up in exchange -- don"t forget the. These elements must be presented clearly and concisely. It"s a conversation, only you"re doing most of the talking.
