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 Maximising Productivity in Coworking Spaces: Tips and Tricks

With over a decade in Hong Kong's bustling coworking scene, I've witnessed firsthand the remarkable rise of shared office spaces in the city.

 

These dynamic spaces have revolutionised the way we work, offering a perfect blend of flexibility, community, and professional amenities. 

 

According to a recent study by Coworking Resources, the number of coworking spaces worldwide is projected to reach a staggering 41,975 this year, marking a significant 42% increase from 2019 to 2024.

 

The appeal of coworking spaces is undeniable. They provide a cost-effective alternative to traditional offices, foster networking opportunities, and offer a vibrant atmosphere that can spark creativity and innovation.

 

However, with the myriad of distractions and the constant buzz of activity, maintaining productivity in these shared environments can be challenging.

So whether you're a freelancer, a remote worker, or part of a growing startup, these tips and tricks will help you harness the full potential of your coworking experience while keeping your productivity at its peak.

 

James Bernardo, Program Director, Garage Society

icon_hacks_b Created with Sketch. Garage Blog Taste the Best of Sai Ying Pun: Our Handpicked Top 10 Lunch Spots!

Join us as we uncover the hidden gems and popular dining hotspots around Garage Society Sai Ying Pun. Whether you're a local in search of new lunchtime favorites or a visitor craving a taste of the vibrant dining scene, this guide is your ticket to culinary delight.

 

From quick bites to leisurely lunches, Sai Ying Pun has it all, and we're here to guide you through the flavors that await. Get ready to recharge and refuel at the lunch spots that call Sai Ying Pun home

 

By Tatiana Park, Community Marketing Executive
icon_hacks_b Created with Sketch. Garage Blog The Entrepreneur's Journey with Claire Yates, Founder of The Lion Rock Press

We sat down with former Garager and longtime friend of Garage, Claire Yates, Founder of The Lion Rock Press to explore the hurdles faced in running a business in Hong Kong, the benefits of co-working spaces, the challenges of exploring new business ventures in the world of tech and the significance of physical greeting cards in today's digital age - dive in below!