Hello fellow entrepreneurs,
My name is Chris, I am a senior at Central Michigan getting a bachelors in ENT and minor in professional sales. First, let me say I am amazed by this site and feel like I have found one of the best resources possible. So thank you to those that have made this site what it is today, you did a great job.
On Saturday, I received a call from my school saying my idea for a product (which I`ve developed the past few years) has been accepted for the upcoming event known as "Make-a-Pitch" This event is ran by the school of business, and those that are accepted are required to dress professionally and present (and possibly sell) their idea. The audience will consist of investors, staff, etc. In fact two years ago, a student came up with the idea of selling "wild game soups." He brought this idea to Make a pitch, and is now selling them in stores nation-wide. Another example is a girl that was part of the event came up with an idea of these leggings that are now worn by NFL cheerleaders and Hooter`s waitresses across the country. My point is that I want to take this as serious as possible and do all the preparation and research possible. I guess the information I am seeking is any tips, ideas, etc anyone on here has. I only have 5 minutes to present and "sell" my idea, and can only use index cards. Thanks in advance!
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***Make - A - Pitch***
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My experience is that investors are looking for innovation, instant ability to make a considerable amount of money and a reason to believe in you. You are selling both the idea and yourself as having the ability to see this through. If you have those 2 in place, the last is basic finance...how much money can you make in year 1 and year 2?
Good luck.
Hi Chris,
Welcome to the site from another Michigander...I`m in Ann Arbor. There are a number of resources here for making the pitch. There`s contest running right now which my company is a part of; 2009 Elevator Pitch. There is a another entrepreneur group in Ann Arbor called "Spark". Here`s a link to the Home Page: http://www.annarborusa.org/
They have regular meetings, newsletters, etc. on the subject. You should also look into Great Lakes Entrepreneur. All these locations will have suggestions for format, content and length of your pitch. Check out the Elevator Pitch forum on this site too. If I remember correctly, your pitch is supposed to be about 5mins??? Either way the tips on content will still hold up. You`ll just have a little more room to elaborate in key areas vs. an Elevator Pitch which is a 60 sec. dash.
Good Luck!
-------------------------
Dave Barnes
Spider Climbing, Inc.
(734) 994-0646
www.spiderclimbing.com
2009 Elevator Pitch Contestant Please vote for us!
I`d suggest you try and relax and put things in their proper perspective... either take the attitude that it is a contest or, it is just a simple business presentation... it may be both but when presenting, it maybe be better to choose? I`d think which ever one you feel the most comfortable with.
Maybe these investors are all looking for the grand slam product but i`d imagine their are hundreds of others who are looking for a product or idea to invest in that will give a steady and reliable return on their investments.
good luck, let us know how you do.
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Bob
Hi Chris,
Welcome to the site from another Michigander...I`m in Ann Arbor. There are a number of resources here for making the pitch. There`s contest running right now which my company is a part of; 2009 Elevator Pitch. There is a another entrepreneur group in Ann Arbor called "Spark". Here`s a link to the Home Page: http://www.annarborusa.org/
They have regular meetings, newsletters, etc. on the subject. You should also look into Great Lakes Entrepreneur. All these locations will have suggestions for format, content and length of your pitch. Check out the Elevator Pitch forum on this site too. If I remember correctly, your pitch is supposed to be about 5mins??? Either way the tips on content will still hold up. You`ll just have a little more room to elaborate in key areas vs. an Elevator Pitch which is a 60 sec. dash.
Good Luck!
Great replies so far! Thank you for the links, but I couldn`t fing the Great Lakes Ent. site.. All I found was "Great Lakes Entrepreneur`s Quest." Is this the same site you are referring to? I couldn`t find the forum on that particular site.
That`s correct, the presentation is 5 minutes long. Seems like it will be plenty of time to get my idea across, but I could be wrong.
Here`s one video you can look at: Your 30-Second Spiel, from Forbes magazine.
Additionally, this is another good article about making a pitch.
The Most Important 30 Seconds of Any Sale.
Additionally, this is another good article about making a pitch.
The Most Important 30 Seconds of Any Sale.
Try learning the art of Elevator Pitch. It will give you a great head start.
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Seo Consultant | Cure Autistic Adults | Industrial For Rent | Business Park
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