by Rick Baker
On May 4, 2010
A fascinating experience…
…watching people pitch their business ideas to people who possess money
For example: Dragon’s Den, Shark Tank, and other such TV shows enjoy a level of popularity. Our universities have business-pitch contents. Also, our community has its Golden Triangle Angelnet.
goldentriangleangelnet.angelgroups.net
In an effort to help people who struggle with pitching their business ideas I am working on a book, which will provide ‘How To’ advice.
Here is a sample –
How To Pitch Your Business Idea
- Know the way business funders think
- Project a pleasing presence…unleashing your personality
- Impress them with your natural confidence
- Keep it concise...in less time than provided, absolutely nail a few key points
- Keep it simple...do not bore them with details or annoy them with jargon
- Anticipate the questions...and when they are asked, answer them crisply
- Know the way business funders think
A couple of points:
- Yes, I know I repeated “know the way business funders think”. I wrote that twice because I thought writing it 5 times might annoy you and subtract from the value.
- Business Idea Pitches: it seems to me this is an extreme territory for human communication. Certainly, it is much more intense/extreme than everyday business communication. And, it is more intense/extreme than the average sales pitch or deal negotiation.
For most people who take the adventure, doing a Business Idea Pitch is one of the most-challenging communications in business.