Turning “Face-Palms” Into High-Fives
Have the perfect business idea but need funding? Well, unless you know someone that’s going to just give you money, then you’re going to have to seek outside investors. But, why would they want to risk their money on your idea? That is the key question startups must answer when seeking funding.
You need to keep your startup pitch simple (K.I.S.S) and it shouldn’t take longer than 5 minutes. As you may have read, Gershon Consulting is partaking in a startup competition in Paris, November 7th. At this competition, startups will only be given 3 minutes to pitch their idea in hopes of wowing the judges enough to win a comprehensive startup package to take their business idea to the U.S. market.
This may seem challenging right? That’s the point! Whoever wants the funding bad enough will be able to plead their case within the allotted time. Don’t let the fear of the pitch scare you, just practice and follow the tips in these articles:
Tips on how to create your PowerPoint presentation: http://vator.tv/news/2010-12-14-how-to-write-a-killer-deck-and-get-funded
Examples of startup pitches: http://www.businessinsider.com/the-best-startup-pitches-of-all-time-2012-11?IR=T
Startup & elevator pitch advice: http://www.forbes.com/sites/ericaswallow/2012/06/27/elevator-pitch/#29e667822375
