It is Memorial Day weekend and I woke up thinking about business pitches. I am not going to post this until after the holiday weekend, but I needed to get this off my mind so I can enjoy the rest of my weekend.
We are launching a networking program to help entrepreneurs work on their pitch in a safe and engaging environment. Pitch’n a Pint is a networking and pitch event in a safe and engaging environment. It is a bimonthly meet-up of Chicago healthtech community, it is a networking event that provides 2 entrepreneurs with the opportunity to give a 10 minute unassisted pitch.
Did I mention that it is at a bar? Well it is just because I am not a “presentation and a pastry” kind of guy. Think of it as an open-mic for the health-tech community.
Pitch’n a Pint – July
July 16, 5:30 – 7:00 pm
Bar Louie – 355 N. Dearborn
If you are an entrepreneur and would like to participate click here to visit the page and fill out the form.
Until then, enjoy these resources and tips.
NYU Life Science Startup Bootcamp Video:
This is a new initiative to introduce NYU faculty, graduate students, and research staff to the basic activities associated with commercializing life science research via the creation of a startup venture. It is a very long video, but good, if you have the time I would encourage you to sit down and watching this over your lunch break.
10 Tips Successful Business Pitch Presentation
Developing a business without the support of investors will be a tough thing. Meanwhile, it is also hard for us to make them listen. They often hear the story. They need assurance and exact measurement on the stories. Meanwhile, we cannot promise that. So, here are ways to develop your pitch and to make them listen.
Make It Short
Brief business pitch is always the best. Eliminate unimportant details. Make yourself totally involved in it and do not forget to expose your excitement. It will be perfect.
Pitch Just the Right Investors
Pick people who really know your business. They are already interested on it, and you will get more than their cash. They have expertise.
Understand Your Competition
Your investors need to know that you are clear with the field, how you will offer something differently, and how you will make customers turn to you.
It is more than statistic. How many customers do you have, your revenue, your cash flows, and many other details should be presented in detail. They need to calculate possibilities.
Show Off Your Experience
You must show your investors that you have all you got to run their money on the business. Or, mention your team strengths in working the entire things.
Investors will like assets. Intellectual property like your trademark or patent will be very interesting for investors. They like it and consider it as one of your major potentials.
Make sure that your investors know you invest your money on the business too. It makes you committed and potential business man. People will like to join optimistic man.
Investors will like your confident on sales rise. Explain it using realistic calculation and measurement. They do not drastic thing but positive step by step progress.
Your Plan on the Money
This is the most important part. You must tell them how their money will help the company, and how they will earn profits from there.
Let Them Ask Themselves
In the end, give them self challenging questions why not to involve on the business. Give them multiple questions and let them motivated to join you.
Now, try to make your business pitch first orderly. Do it slowly and prepare yourself on how to deliver it. Those ways are proven to be effective. Combine them and make it perfect. They will listen to you as long as you make it perfect and nice.