by Rick Baker
On Feb 16, 2011
More thoughts on pitching business ideas
I had the pleasure of visiting with my friend Chris Labrador at The Communitech Hub a week ago.
At one point in our conversation we discussed business ideas and how to pitch business ideas, what works and what does not work.
I was impressed by Chris’ recommendations, which I will now share with you.
Chris recommended pitches be no longer than 5 slides.
Chris recommended those 5 slides cover the following:
- Clearly state the problem/opportunity (the two sides of the same coin)
- Why it's worth solving/winning (dimensions things and puts them into perspective)
- Who is the competition (quantitative & qualitative assessment of 'belief' systems - tangible and perceived - in play)
- How to address the problem/opportunity and beat the competition (the key elements of the value proposition ad differentiators)
- Assuming you've made it this far, the roadmap (key activities and milestones over the next significant period of time)
Chris – thank you for sharing your thoughts and excellent advice.