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Aug 21, 2008 12:09 PM ET    Quote  Report Abuse
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I just returned from my first presentation with an Angel Group here in Dallas. It was pretty brutal as their format and time limits are very restrictive.

The business idea I am pitching has a solid model with tremendous potential. The problem is I come from an engineering technology world where we speak a different language than the money men. My biggest fear is that this business will be cast out not because of the idea but instead because I did not do it justice in the presentation.

My pitch was geared more for the purpose of obtaining the mentoring then the startup capital. I do need the money but first and foremost I need to learn the language.

How do I address this? I will not get feedback until Monday and should it come back negative I am left with little resources to pitch this again.

robertj

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Aug 21, 2008 12:29 PM ET    Quote  Report Abuse
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I don`t know which group you presented to , but nearly all provide a guide /outline for the presentation when they schedule you to present. 

Generally, telling them that you want help is a positive thing. I`m not sure what you can do to change the "first impression" but if you`d like to discuss it - please contact me directly. I`ll be happy to do an analysis of the session and give you my thoughts.



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Business Growth Masters, LLC -
Capital Catalysts for Entrepreneurs
Home of the Scalable Business Plan and QuikStart Capital Programs
http://www.bizgrowthmasters.com
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Aug 21, 2008 12:40 PM ET    Quote  Report Abuse
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The group here was StartTechEV. I have found a lot of positive information about them and they seem like a group that I would learn a great deal from.  they did indeed provide a format and for me this was very restrictive as there are so many details and bits of information that I had to omit in order to fit that format and time limit. As a result it ends up looking like I have an idea thats shaky and full of gaps when in fact I have it 90% modeled and solid.

I would indeed like to discuss this in detail and all its glory with you, but I must wait until I hear the feedback Monday and go from there before I make any further moves.

CraigL

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Aug 21, 2008 11:22 PM ET    Quote  Report Abuse
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It`s not at all unusual for production people to be unskilled at sales and presentation. If you truly have a great idea, and expect it to be a big-money solution, why not invest some money to hire a "presenter?" You could teach them the pertinent information, go along with that person to your next pitch, but let them do the speaking?
mlebovits

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Aug 21, 2008 11:37 PM ET    Quote  Report Abuse
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I`ve attended angel screenings and I feel for you - if the entrepreneur is not prepared, it can be brutal.  That being said, it`s refreshing to hear an entrepreneur acknowledge that money alone is not the answer, but the mentoring can make a huge difference in their potential success.

The website of Tech Coast Angels provides a link to Guidlines for Entrepreneur`s Presentations.  I think you`ll find it helpful to understanding how the money guys think.
 
Best of luck.
 
Marshall
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