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A perfect round number is ten slides, with the right content, that can be covered in ten minutes. Most advisors will tell you to write the business plan first (20-30 pages), then distill the key points into a set of Microsoft PowerPoint slides for standup presentations to potential investors. Opportunity sizing.
A perfect round number is ten slides, with the right content, that can be covered in ten minutes. Here are the ten slides you need: Problem and market need. Here is how and why it works, including a customer-centric quantification of the benefits. Describe your technology patents and “secret sauce”. Opportunity sizing.
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If you have ten minutes, that means no more than ten slides. I’ve seen several presentations that never moved past the first slide before running out of time. Remember you are pitching to investors, not customers. I outlined what investors expect to see in an old article “ Adding Slides Does Not Enhance Your Investor Pitch.
They are looking for startups that have a sustainable advantage over direct and indirect competitor offerings, as well as obvious value to customers living without your product today. Non-specific terms, like better usability and low cost don’t incite customers to action these days. Investors check connections.
Beyond that, I want lots of conversations with experts, users, customers, VCs, partners, etc. Someone Stole My Startup Idea – Part 2: They Raised Money With My Slides?! NDAs or Other Protection So you decide you want to be able to share with experts, users, customers, VCs, partners, etc. False Confidence.
If you have ten minutes, that means no more than ten slides. I’ve seen several presentations that never moved past the first slide before running out of time. Remember you are pitching to investors, not customers. I outlined what investors expect to see in an old article “ Adding Slides Does Not Enhance Your Investor Pitch.
Beyond that, I want lots of conversations with experts, users, customers, VCs, partners, etc. Someone Stole My Startup Idea – Part 2: They Raised Money With My Slides?! NDAs or Other Protection So you decide you want to be able to share with experts, users, customers, VCs, partners, etc. False Confidence.
If you have ten minutes, that means no more than ten slides. I’ve seen several presentations that never moved past the first slide before running out of time. Remember you are pitching to investors, not customers. I outlined what investors expect to see in an old article “ Adding Slides Does Not Enhance Your Investor Pitch.
A business plan is the outward facing definition of the business you hope to drive with your hardware solution, with a hardware overview in the intro to highlight customer value and competitiveness. Use non-fuzzy terms to quantify customer value. Provide specifics on the customer business model. and trademarks.
If you have ten minutes, that means no more than ten slides. I’ve seen several presentations that never moved past the first slide before running out of time. Remember you are pitching to investors, not customers. I outlined what investors expect to see in another article “ Adding Slides Does Not Enhance Your Investor Pitch.
A perfect round number is ten slides, with the right content, that can be covered in ten minutes. Here are the ten slides you need: Problem and market need. Here is how and why it works, including a customer-centric quantification of the benefits. Describe your technology patents and “secret sauce”. Opportunity sizing.
If you have ten minutes, that means no more than ten slides. I’ve seen several presentations that never moved past the first slide before running out of time. Remember you are pitching to investors, not customers. I outlined what investors expect to see in an earlier article “ Ten Slides Make a Killer Investor Presentation.”
Just because a product has a patent, deep complexity and an obvious competitive advantage does not mean that it can fly by itself into the market. Personally, I don't like weighty board packs and I do not wish to inflict slide preparation upon anyone. gave him my favorite, "keep it to six slides." didn’t think so.
If you have ten minutes, that means no more than ten slides. I’ve seen several presentations that never moved past the first slide before running out of time. Remember you are pitching to investors, not customers. Have at least one backup plan, such as copies of your slides to hand out and discuss, in case all else fails.
As an aspiring entrepreneur, one of the most important things you need is a memorable “ elevator pitch ,” to communicate your startup value proposition and leave a great first impression on friends, investors, employees, and future customers. For example, “I have patented a new tire that will double the wear mileage at half the cost.”
In my experience, the key steps I look for always include the following: Testing the idea against customers who have money to spend. Any startup with no patents, trade secrets, or other secret sauce is very high risk today. Prepare your marketing story for customers and investors. Implement a strategy for growth and improvement.
Passionate entrepreneurs tend to talk on and on about their disruptive technology, their intent to change the world and free services, but if a business can’t provide quantifiable value to real customers, the dream will likely turn into a nightmare. Investors worry about competitors more than customer features.
As a startup advisor and investor, I recommend a pitch deck with about 10 slides backed up with a written business plan of approximately 20 pages, both containing quantified answers to the following key questions. Investors want to hear about customers with money who have a painful problem that you can solve now.
They are looking for startups that have a sustainable advantage over direct and indirect competitor offerings, as well as obvious value to customers living without your product today. Non-specific terms, like better usability and low cost don’t incite customers to action these days. Investors check connections.
If you have ten minutes, that means no more than ten slides. I’ve seen several presentations that never moved past the first slide before running out of time. Remember you are pitching to investors, not customers. I outlined what investors expect to see in an old article “ Adding Slides Does Not Enhance Your Investor Pitch.
File a patent and trademarks to show real intellectual property. Investors expect a one or two-page executive summary sheet for the initial screening, backed up by a ten-slide Powerpoint investor presentation. Remember to aim the content of both of these at investors, not customers. Close at least one initial customer.
File a patent and trademarks to show real intellectual property. Investors expect a one or two-page executive summary sheet for the initial screening, backed up by a ten-slide Powerpoint investor presentation. Remember to aim the content of both of these at investors, not customers. Close at least one initial customer.
If you have ten minutes, that means no more than ten slides. I’ve seen several presentations that never moved past the first slide before running out of time. Remember you are pitching to investors, not customers. I outlined what investors expect to see in an earlier article “ Investor Presentation – 10 Slides is Just Right.”
File a provisional patent or other intellectual property. Prepare a slide deck to highlight product and business. Collect target customer testimonials and advocacy. Reserving a consistent website domain name and social media names will not likely be possible once your startup is made public via an investment platform.
File a patent and trademarks to show real intellectual property. Investors expect a one or two-page executive summary sheet for the initial screening, backed up by a ten-slide Powerpoint investor presentation. Remember to aim the content of both of these at investors, not customers. Close at least one initial customer.
Let me be quick to say that a plan doesn’t have be a book, and probably should start as a “pitch deck” of maybe a dozen slides which cover all the right bases. Since this document is outward facing, it is important to keep the terminology and tone consistent with that of your customer set, investors, and business partners.
I love the enthusiasm, the boundless energy and the sense of possibility that comes from having an idea that hasn’t yet been beat up in the marketplace of competing ideas, customer contracts, VC skepticism, jaded journalists or fickle consumers who are on the The New, New Thing. Who is leading your patent filing program?
Unfortunately, customers look for value in solving their problem, and new technologies alone scare them, so these solutions don’t get bought by customers, or funded. Certainly a slide or two needs to carry over describing the product and features at a high level. Customized marketing strategy and realistic sales plans. “If
It included one firm who I asked not to call Salesforce.com as a reference (they were our largest pilot customer) and in their kindness they called Marc Benioff (the CEO) and asked his opinion. I started by trying to think I could explain my concept without having to patronize everybody with artificial PowerPoint slides. I was wrong.
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