10 Surefire Tips for a Successful Business Pitch

Fri, Dec 5, 2008

Tips & Triks

10 Surefire Tips for a Successful Business Pitch

Speaking of presentation, there is one most difficult presentation to make is the business pitch. You may have the greatest business idea in the world and you want somebody to give you a truck load of money to make it fulfill your business proposal. But, all angel investors, venture capitalists are not listening to you at all. Why? Most of the time, the business pitches they have ever heard are sure-fire prescriptions to lose money!

If you are going to pitch investors to hand out their money for your new business, at least you have to stick to the following ground rules:

1. You have a little time to explain exactly what your business is. A lot of entrepreneurs waste their valuable time by giving loads of data and other related information — at that moment you will notice that the investors are scratching their heads thinking “Is this business going to make me tons of money?”

2. Describe further more about your audience, your target market

3. Tell them how your customers are going to give you their hard-earned money

4. Never every say that your business proposal has no competitions. That is a sign that you have no business competency at all

5. Convince them why you are the ONE going to make it happen.

6. Show some confidence and enthusiasm. Every investor wants a founder/CEO to be a chief salesperson; they want to see that you can convince the world of your dream — not just them.

7. Make them feel comfortable by telling them that Amazon or Best has agreed to distribute your new product.

8. Do ask for a specific amount of money. Tell them exactly how much money you need to make it happen.

9. Don’t forget to tell them exactly what you are going to spend the money on. Make sure you impress them.

10. Last but not least. Make sure you dress for success, be confidence, and put on the air that you don’t really need their money, but would be willing to accept it if they bring enough to the table to be a strategic partner for you. You know what; people are willing to give you money if they feel you don’t really need it.

Finally, you can make each pitch presentation served as a focus group so you’ll get ready for the next presentation. Please take note all of those questions asked by the investors and make sure most of them are answered. Hopefully you’ll get funded soon.

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