Lecture 6 - Idea Pitching
Lecture 6 - Idea Pitching
Pitching
©2017 Batangas State University
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OBJECTIVES
►Idea pitching
►Pitch Deck
►2 Kinds of Pitch Deck Nasty Dilemmas for
Presentation
►Contents in a Deck
►Do’s and Don’t’s
►Various Pitches
►Good Pitch
Compelling
Easy to act on
1. TALKING DECK
1. Audience Dilemma
► Self-inflicted
2. Value proposition
What are your products and services? What is the job you get done for your customer?
3. Revenue streams
List your top three revenue streams. If you do things for free, add them here too.
4. Channels
How do you communicate with your customer? How do you deliver the value proposition?
5.Customer relationships
How does this show up and how do you maintain the relationship?
6. Key activities
What do you do every day to run your business model?
7. Key resources
The people, knowledge, means, and money you need to run your business.
8. Key partners
List the partners that you can’t do business without (not suppliers).
9. Cost structure
List your top costs by looking at activities and resources.
TAP n FLUSH, A
WATER SAVING
INVENTION that
would help
everyone of you to
conserve water.
The “vision” can be the goal you think you could become.
Examples “Our vision is to become the leading e-commerce
company for individuals recuperating from injuries.”
Think of this slide as your 15-second compelling elevator pitch.
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The Team
Highlight the key team members, their successes at other companies,
and the key expertise that they bring to the table.
Investors are really investing in you.
What is your industry and business experience?
Pictures of the key team members
Titles of the team members
Short summary of prior employment of the team showing
domain experience and relevant expertise
Advisors, consultants, and Board members (sometimes
included in this slide to bolster credibility)
Do include this wording at the bottom left of the pitch deck cover page: “Confidential
and proprietary. Copyright (c) by *Name of Company+. All Rights Reserved.”
Do show that you have more than just an idea, and that you have
gotten early traction on developing the product, getting customers,
or signing up partners.
Do have a sound bite for investors to remember you by .
Do use a consistent font size, color, and header title style
throughout the slides.
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©2017 Batangas State University
DONT’S IN PITCH DECK
Don’t use a lot of jargon or acronyms that the investor may not
immediately understand.
Don’t underestimate or belittle the competition.
Don’t have your pitch deck look out of date. You don’t want a date on
the cover page that is several months old (that is why I avoid putting
a date on the cover page at all). And you don’t want information or
metrics in the deck about your business that look stale or outdated .
Don’t have a poor layout, bad graphics, or a low-quality “look and feel.”
Think about hiring a graphic designer to give your pitch desk a more
professional look.
48 ©2017 Batangas State University
DONT’S IN PITCH DECK
Don’t make the pitch deck more than 15-20 slides long (investors have limited
attention spans). If you feel you need to add more information, include it as
an appendix.
1. CUSTOMER PITCH
2. ELEVATOR PITCH
Make them look up from their phones and lean in. Show how
much money you can make. Venture Capital pretty much only
care about growth. Quickly talk about some impressive numbers.
Show your problem and solution through a story about an actual
user. Show the problem the person had, the solution you
provided, and the benefits he or she received because of it. Move
quickly but confidently through your model, how big the market is,
how much of it you can realistically capture, how you are going to
grow. Show the beautiful people behind the product. It's probably
smart to stick to just the core founders.