The language you use to convey your concept ought to be concise. Instead they need fast info to help when pitching to investors. Provide one to three year projections. A week before Demo Day, we have a dress rehearsal called Rehearsal Day.
They're not looking for finished, smooth presentations. This section is now obsolete for YC founders presenting at Demo Day, because Demo Day presentations are now so short that they rarely include much if any demo. What will be the likely lifetime value of the customer.
I will want to test what you see are the risks to the business. Boyscouts may count as well. The problem is, as you approach in the calculus sense a description of something that could be anything, the content of your description approaches zero. Feature the headlines in a slide on your deck.
Too much money seems to be as bad for startups as too much time, so we don't give them much money either. I want to understand your thought process and the mitigating precautions you might take.
Of course you have competition, whether direct, indirect. So we concentrate on the basics. Document your detailed plans on a napkin, wiki, spreadsheet, deck, to-do list, or whatever.
Here are some tips on finding the right investors to approach: Does it matter at all. Show features in an order driven by some kind of purpose, rather than the order in which they happen to appear on the screen. When you demo, don't run through a catalog of features.
Professional investors hear a lot of pitches. Another sign of user need is when people pay a lot for something.
Expect to get interrupted during your presentation. Always be on point, ready to answer questions and have a positive response to criticism.
The formal pitch is usually accompanied by a presentation, most often a slideshow, which you should also hand out to attendees at the pitch presentation. Talking about that is like an actor at the beginning of his career telling his parents how much Tom Hanks makes.
Which pitching tools do you need? You should be armed with a business plan that includes a well defined marketing strategy and solid financial statements. How to Pitch to Angel Investors. Corporate Software Sales software sales business plan executive summary. Corporate Software Sales is a start-up business that specializes in providing customized business planning software solutions to companies with extensive sales forces or many franchises or subdivision.
Summary: Don’t send long business plans to investors. Don’t ask for NDAs.
Don’t share information that must remain confidential. Understand that investors care about traction over everything else. Jul 09, · One of my grown children called me to ask if I knew of anyone who could help review a business plan for a startup technology company.
Rather than offer a referral to someone else, I. Use this simple formula to build a one-page business plan and jump start your business planning process. Download our free one-page Lean Plan template to get started. Bplans offers free business plan samples and templates, business planning resources, How-to articles, financial calculators, industry reports and entrepreneurship webinars.Pitching business plan investors