The anatomy of a pitch & the art of speaking
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Transcript of The anatomy of a pitch & the art of speaking
THE ANATOMY OF A PITCH & THE ART OF SPEAKING Seedstars Karachi Sep 2015
➜ EXCLUSIVE STARTUP
COMPETITION
➜ A startup competition
covering ~55 countries in 2015
➜ FINAL EVENT ➜ &
➜ CONFERENCE
➜ Week long event in Switzerland
reuniting the global network
STARTUP INVESTMENT
CLUB
A platform to discover and invest in the top startups from around
the globe
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50+ COUNTRIES
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1000+ INNOVATORS
➜ GLOBAL ENTREPRENEUR
NETWORK
➜ Global network of startups, advisors,
mentors and accelerators
2015 ITINERARY
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The Anatomy of a Winning Pitch
In three years, Seedstars World has reviewed 3000+ pitch
decks. So we know a thing or two about what works.
Today, we want to share what we’ve learned.
The goal of the pitch is to sell your product, your company, and
yourself in a very short period of time
Always Be Pitching!!!
Hook Problem Solution Market Size Business Model Traction Competition Team The Ask
The Pitch
The Hook
Make the audience care.
Generate an emotional reaction:
joy, trust, fear, surprise, sadness, disgust, anger, anticipation
Remember, the first 30 seconds will determine the next 5:30.
“IF YOU CAN’T EXPLAIN IT SIMPLY, YOU DON’T UNDERSTAND IT WELL ENOUGH.”
ALBERT EINSTEIN
End-to-End Payroll Solution
TM
Problem
Create empathy with your audience.
Facts tell, but stories sell.
“CUSTOMERS DON’T CARE ABOUT YOUR SOLUTION, THEY CARE ABOUT THEIR PROBLEM”
DAVE MCCLURE, 500 STARTUPS
Traction
Traction is:
Customers Revenue
Volume Cost Conversion
What’s my SOM?
What do I pay to get them?
What’s the conversion rate to
my target (revenue)?
If you’re still validating product-market fit, that’s okay. Talk about your go-to-market strategy.
“Partnerships” are not customers. But they can help
with marketing and distribution.
Competition
Competition is bad.
Competition is validating.
Explain why you do it better / differently.
Hint: Market segment (who)
Product (what) Team / process (how)
Industry averages – good reality checks, bad benchmarks.
Better benchmark: Today vs your historical
performance
Team
SHOW: photos, names, titles, skills / expertise TELL: How you met, how long you’ve known each other, are you full time on the project and why the combination makes sense. Demonstrate you can pivot if this doesn’t work out.
The Ask
Be specific.
Hint: You need $$$ to run operations, hire, and / or get customers.
The Art of Speaking
Stance
Voice Eye contact
Body Language
Voice
Project (The microphone is not your voice).
Speak extra slow.
Be confident.
Pause.
Eye Contact
Look above people’s heads.
Refer to the slide, but don’t read it.
Stance
Jump and see where your feet land
No fidgeting!
Stand tall
Are you a walker?
Body Language
Open palm gestures
Smile
No arm crossing
Face your audience
Golden Rules of Pitching No more than 15 slides Don’t put anything on the slide you won’t talk about. Watch the time. Practice at least 3x. Keep on going if you mess up (we’re all human here) Don’t rely on the tech.
Golden Rules of Speaking Pause No fidgeting! Check your volume Pause
“Sometimes you win, sometimes you learn.”