bic - pitching for the right project
TRANSCRIPT
Pitching for the Right Project
Ayşe Topcu
The pitch is what is either going to give you the means to launch a great product or it will convince the investor that you are not the one.
Pitch flow in 10 steps1. Title: Provide your and your company name
2. Problem/Opportunity: Describe the pain that you are alleviating
or the pleasure you are providing
3. Value Proposition: Explain the value of pain you alleviate or the
pleasure you provide
4. Underlying Magic: Describe the secret sauce or the magic
behind your product
Pitch flow in 10 steps
5. Business Model: Explain who has your money temporarily
in his pocket and how you are going to get into to your pocket
6. Go-to Market Plan: Explain how you are going to reach
your customer without breaking the bank
7. Competitive Analysis: Provide a complete view of the
competitive landscape.
Business Model and Go To Market Strategy
How are you going to make money? This is absolutely vital,
and the reason an investor is even interested in handing you over
money.
The investor also wants to know how you are going to reach
your customers, and that you have a good plan to do so. Things
like having contacts with large buyers or strategic partners, high
traffic PR connections, large customers, email databases and
things of that nature.
Pitch flow in 10 steps
8. Management Team: Describe the key players of your
management team, board of directors, and board of advisors,
as well as your major investors. Investors are looking at you
and your management team. Your partners and the team
dynamic should help inspire confidence, not raise questions. If
you have an experienced, seamless team, it’s easier to win
over investors.
Pitch flow in 10 steps
9. Financial Projections and Key Metrics: Provide a three-
year forecast containing not only dollars but also key metrics,
such as number of customers and conversion rate.
10. Current Status, Accomplishments to Date,
Timeline, and Use of Funds: Explain the current status of
your product, what the near future looks like, and how you'll
use the money you're trying to raise.
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