Forums: Discussions for entrepreneurs and small business.

So Here's My Elevator Pitch, Nothing held back.

Here's My Idea, One that I've had Since 2001 when I was on a Carribean Crusie, I was talking this Idea over with another passenger on the boat who was a sales person for a big company. And after seeing tons of restaurants and many small eating stops. I said 2001, way before Bone Daddys and Twin Peaks hit the scene(well at least in popularity).

I Said How about a "Spanish Style Hooters" but with a little more Class, or Less Sporty and no booty shorts, but still sexy, and keep the meals pricy to keep the scum bags out.

So I've been "Cooking" this Idea for quite along time. Thinking the restaurant name will be the spaish equivelent of "Eye Candy" which is "Taco de Ojo" which the name of the restaurant will be just symbols a picture of a "Taco a letter "D" and a Picture of an Eye". I just Saying...

Logos are all complete, menu done, and the whole concept is about 90% finished including business plan. Any tips... from the community

You say that the whole process is essentially done, including the business plan.  I would focus your elevator pitch more on key elements that your business plan should address:

• What trends or research are you drawing on to conclude that your concept would be successful?
• Clearly demonstrate that you have an understanding of the financial ins and outs of the restaurant business.  Are restaurants with a similar business model succeeding?

Owner - TrailLove - The Best Deals on Outdoor Gear

To me, it's more of an elevator explanation.  Is this for a potential investor, a loan, a partner?  What is your ask?  Make sure to pitch it.  It sounds like an awesome idea!

John

You lost me half way through the first paragraph.  Two, nobody cares about your cruise.  They want to know what you are pitching and how it will benefit them.  In short, you want money.  What kind of return will your investor see if they lend you money?  How secure is your venture?  This is what you need to concentrate on because you only have a few seconds to capture someone's attention. 

Finally, you need to decide who your target audience is.  Right now, your elevator pitch sounds like you are giving this to the janitor of a business.

More tips on how to tune your pitch:

http://www.iplanner.net/business-financial/online/how-to-articles.aspx?article_id=elevator-pitch

I would have to agree, particularly on the point that time is of the essence. You need to identify what's attractive to your investor, and what sets you apart from your competitors. Being "unique" doesn't necessarily follow that it will be successful.

I would also suggest that you leverage your thought out business plan and give figures in pitching your ideas. This way, your creativity will pave way to get yourself another "sit down" with your investors.

Cheers,

Emma

I would have to agree, particularly on the point that time is of the essence. You need to identify what's attractive to your investor, and what sets you apart from your competitors. Being "unique" doesn't necessarily follow that it will be successful.

I would also suggest that you leverage scholarship links your thought out business plan and give figures in pitching your ideas. This way, your creativity will pave way to get yourself another "sit down" with your investors.

Cheers,

Emma