When pitching to investors, spend as little time as possible talking about your solution. Sounds counterintuitive? Imagine this: Turns out this mom learned about the solution from another parent in the class, and almost all the parents are already using it with similar results! The best part? It only costs $7.99 a month. At this point, you are probably itching to sign up, even though I haven't told you what the thing IS. Is it an app? A book? A course? A gadget? Investors sift through dozens of pitches, where the solutions change but what they are attuned to remains the same - a sense of opportunity. There’ll be plenty of time later for them to dig into the details of your solution, but in this initial pitch, they are focused on 'markers of opportunity' like relevance or credibility. Your solution? It needs to be there as context but more than that - it becomes a distraction. P.S. |
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