pitching is a science...closing is an art
TRANSCRIPT
“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
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!