icon_hacks_b Created with Sketch. Garage Blog

Super Handy Checklists For Drafting Your Startup Pitch

We’ve all heard of the ‘elevator pitch’ before. It's essentially a 30-second window for you to completely change your life. No pressure. While pitching your startup may seem like a horribly daunting task, much of it comes down to clarity, knowledge, and confidence. Read on as we share how to grasp an opportunity that comes your way, or make most of your next networking event.

The One Liner

If you’re in a real elevator-like situation, a sentence could be all you have time for. This means you need to immediately communicate the essence of your pitch, or the value proposition of your startup. In most cases, this will be revealed through how you’ll solve the problem at hand. Checklist:

  • Name
  • Audience / Market
  • Problem
  • Solution

10 Minutes

Okay, so you have the person in an immobile, contained area. Now is the time to go a little more in-depth with your pitch, or begin to support your statements with the scope of your knowledge of the market, technology, traction, etc. A compelling story always helps, but steers clear of clichés and overused industry buzzwords. If there’s enough time*, let your product speak for itself by showcasing its features. Checklist:

  • Business model
  • Competition
  • Your story / How you got to where you are today
  • Traction
  • Successes so far / Milestones
  • Short Demo*

A Real Meeting

Okay, you’re almost there. You’ve setup a proper meeting, which means you actually have time to put together a proper deck, and really go for it. Now is the time to talk money, and get into the nitty-gritty of pragmatics, logistics, etc. With time on your side, you can begin to support your statements through a proven track record through figures. More importantly, allow the investor to see the bigger picture by detailing a growth plan, and exactly how funding will put you on track. A comprehensive and developed investment plan is a determinant factor for success, and is the thesis of your pitch. Checklist:

  • Customer acquisition / Marketing strategy
  • Revenue model / KPIs
  • Financial projections / Budget scenarios
  • Your team
  • Demo
  • Investment plan / Funding needs
similarposts
icon_hacks_b Created with Sketch. Garage Blog What is Community

What is community? For a long time, it's been an overused buzzword to describe valuable groups of people that help businesses grow. In today’s challenging times, many are seeing it and experiencing it in a different way, as humanity reconnects with each other and divides us at the same time.

icon_hacks_b Created with Sketch. Garage Blog How Self-Storage Can Improve Work Efficiency & Business Bottom Line

Companies can improve their business line by not only streamlining management, finding ways to improve productivity and implementing new marketing strategies, but also controlling overhead expenses and improving office layouts to boost work efficiency.

icon_hacks_b Created with Sketch. Garage Blog 5 Top Tips To Being a Great Online Event Host

25 May, 2020 - HK

Recently, our schedules have been filled with dozens of interesting webinars and tiring video conferences (or maybe that’s the other way round?).  Online events have become the social activity of choice across the world, and whether for business or personal growth one driving factor has been our ever-present need as humans to connect and build community.