ambitious curiosity - week 3

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The business pitch • 30 second pitch – 1 or 2 liner - People need to “get it” right away • Pitching an investor/crowd: – Problem/pain – Your solution – Business Model – how you will make money – Team & ability to deliver – What you’re after and why… what you expect… – Success/traction to date, including partnerships…

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Page 1: Ambitious Curiosity - Week 3

The business pitch• 30 second pitch – 1 or 2 liner - People need to

“get it” right away• Pitching an investor/crowd:– Problem/pain – Your solution– Business Model – how you will make money– Team & ability to deliver– What you’re after and why… what you expect…– Success/traction to date, including partnerships…

Page 2: Ambitious Curiosity - Week 3

Graduation Pitch:Element Weighting

Soundness of the idea – will it work? 40

Traction/success/progress so far 20

Potential Social Impact 15

Quality of the pitch 15

Team’s credibility – ability to pull it off 10

Page 3: Ambitious Curiosity - Week 3

Event next Thursday evening:• Showcasing some good work/ideas – let me know

if you’re keen to talk – great practice!• Pitching tables – real judges – great source of

feedback! • Guest Speaker – Mark Frankel – Director of Aurum River – Investment Firm– CEO of Shanduka Black Umbrella– Owner of Innovation Shack • Social Enterprise focus

– Master Currency (FD)– Bank of NZ…

Page 4: Ambitious Curiosity - Week 3

Snacks for The event… sponsor/crowd-sourced…Public Events Calendar for cool events

I need some help please:

Page 5: Ambitious Curiosity - Week 3
Page 6: Ambitious Curiosity - Week 3

Core purpose of a startup = validated learning.

Test the core assumptions

Page 7: Ambitious Curiosity - Week 3

The Power of Goal Setting

Page 8: Ambitious Curiosity - Week 3

Goals

• Process Focused – things within your control… • SMART– Specific– Measurable– Attainable– Relevant– Time Bound

Page 9: Ambitious Curiosity - Week 3

Reflection

Page 10: Ambitious Curiosity - Week 3

Time to apply• Settle on one idea for the remaining 7 weeks…• Apply the Business Model Canvas.• What are the biggest risks/assumptions?• How can you test them as quickly and cheaply as

possible? (Eliminate waste – obstacles in the room)

• Set goals for your experimentation – aiming for validated learning!

• Get feedback from everywhere• Email/whatsapp the goals to me –

[email protected] (072 274 3898)