5 Presentation Tips to Beat Your Competition
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The document provides five presentation tips for small businesses to improve their chances of securing funding from venture capitalists (VCs). It emphasizes the importance of knowing the audience, simplifying the message, demonstrating strong product-market fit, and telling a compelling personal story. These strategies are aimed at effectively articulating the company's value and addressing the competitive landscape in funding pitches.
5 Presentation Tips to Beat Your Competition
- 2. According to the small business administration, venture capitalists reject of pitches they hear 99%
- 3. THIS CAN BE FOR MANY REASONS Mismatched market opportunity Often other competition looking for the same startup funds Lack of interest
- 4. THIS PUTS EVEN MORE PRESSURE ON YOU TO GET YOUR PRESENTATION JUST RIGHT & ARTICULATE YOUR COMPANY’S VALUE IN JUST A FEW SHORT MINUTES
- 5. HERE ARE 5 PRESENTATION TIPS TO BEAT YOUR COMPETITION
- 6. 1 KNOW YOUR AUDIENCE You may already know who your prospective customers are and why they would be interested in your service or product, but a VC audience is very different
- 7. A VC Wants to know IF YOUR COMPANY WILL ADD VALUE TO THEIR AUDIENCE PORTFOLIO
- 8. SO, BE SURE TO KNOW THE SPECIFIC VC YOU’LL BE PRESENTING TO LEARN ABOUT Funding track record & Personal goals AS MUCH THEIR AS YOU CAN
- 9. DON’T WASTE2 TIME You may only have 10 minutes to present your case and you don’t want to spend the entire time clarifying any confusion regarding your deck layout
- 10. THROUGH THINK YOUR PITCH BEFORE CREATING YOUR DECK to avoid any confusion
- 11. THE RIGHT IMAGERY CAN HELP YOU SAVE TIME BY saying in seconds WHAT WOULD HAVE TAKEN YOU MINUTES TO VERBALLY CONVEY
- 12. SIMPLIFY YOUR3 MESSAGE No matter how complex your product or service might be, you’ve got to simplify your message
- 13. COME UP WITH ONE POWERFUL OPENING SENTENCE THAT YOU’LL USE TO START YOUR PRESENTATION This sentence should encapsulate who you are, what your product is, and why it’s useful to the masses
- 14. RememberVCS HEAR NUMEROUS PRESENTATIONS ON ANY GIVEN DAY AND IT’S HARD FOR THEM TO REMEMBER EVERY FOUNDING TEAM Help your team be memorable by simplifying your message
- 15. DEMONSTRATE A4 STRONG PRODUCT MARKET FIT In order to hand over large sums of cash, VCs have to feel confident a company has the potential to grow and thrive
- 16. THE BEST WAY TO INSTILL THIS CONFIDENCE? DEMONSTRATE A STRONG PRODUCT MARKET FIT BY COMMUNICATING 2 IMPORTANT THINGS 1 The problem your product is solving 2 why your company is in the best position to do it
- 17. WHILE THE climate of the ALL VCS CARE ABOUT IS YOUR POSITION IN IT market matters
- 18. TELL YOUR5 STORY At the end of the day, VCs are people and they not just companies want to invest in people
- 19. BE SURE TO TELL your own DURING story YOUR PRESENTATION
- 20. Starting a company is one of the most exciting things you may ever do BUT ALONG WITH THAT EXITEMENT COMES THE REALITY OF acquiring the funds TO GET IT OFF THE GROUND