pitching is a science...closing is an art

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“Pitching is A Science…But Closing is an Art” Startup Pitch Bootcamp: 9/20/2012 Chris J Snook; Managing Director at Incubate Holdings MENTOR SESSION #2 Copyright 2012 Chris J Snook

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“Pitching is A Science…But Closing

is an Art” Startup  Pitch  Bootcamp:  

 9/20/2012    Chris  J  Snook;  Managing  Director  at  Incubate  Holdings  

MENTOR SESSION #2

Copyright  2012  Chris  J  Snook  

Raymond Holliwell Book: Working with The Law

Copyright  2012  Chris  J  Snook  

“Ask the farmer about his crops. He will tell you his problem is not scarcity, but oversupply…The supply is greater than demand, and demand is determined by man’s own thinking…If your need is supply then your religion must be the same…to use the law you must think supply, talk supply, and live supply with every thought.”~© 1964

1st Law

1) The Need 2) Your Ability (Much gathers More..) 3) Your Replace-ability (Investor Opportunity Cost and Comfort Zone)

The Law of Compensation  

Will  we  ever  raise  

enough  money?  

Copyright  2012  Chris  J  Snook  

Key  Fact:  There  are  only  two  ways  to  make  money  (You  must  think  like  an  investor  when  pitching-­‐Its  about  them  not  you!!!!!)  1)  You  at  work  2)  Money  at  work  

Pitch

Science

Copyright  2012  Chris  J  Snook  

Get  the  capital  using    S.I.M.P.L.E.  M.A.T.H.  

 Short  &  Tangible  InteresQng    Management  Experience  Problem  &  Pain  Leverage  &  Scale  Enthusiasm    Market  (Make  one  or  Take  one)  Advantage  (Team,  I.P.,  Speed,  Balls,  etc)  TacQcs  and  the  ability  to  execute  under  pressure  Humble    

The Art of Influence

Copyright  2012  Chris  J  Snook  

Closing  is  a  team  sport    Understanding  the  Scales  of  Influence    Remember:  95%  of  people  can  gather  interest  5%  of  people  can  take  checks    Triangulate  the  third  party  with  Trust/Respect    Master  the  art  of  F.O.R.M.    

Source:  www.theispot.com  

Scales of Influence

Ask-Invite-or Tell

Copyright  2012  Chris  J  Snook  

Higher  

Peer  

Lower  

Trust/Respect

Nothing is more powerful than Third

Party Edification

Copyright  2012  Chris  J  Snook  

Expert  

Prospect  You  

Rapport is an A.R.T. F.O.R.M

Copyright  2012  Chris  J  Snook  

Family  (Where  from,  etc)  OccupaQon  (What  they  do,  how  they  feel  about  it,  what  they  like,  dislike)  RecreaQon  (Hobbies,  teams,  fun)  MoQvaQon  (What  makes  them  ‘move’-­‐What  they  want  to  gain  or  preserve)  

Approach  Respect  &  Recipricate  Take  Control  by  Giving  it  away  

Master the ability to build bridges with

people

TIP:  Drink  in  lot’s  of  A.L.E.  with  them  to  win  em  over!    

Q & A

Chris J Snook Email: [email protected] Office: 760.501.0439

Copyright  2012  Chris  J  Snook