perfect pitch elevator

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 Whether you are trying to raise money for your business or just want to perfect your business strategy, a solid elevator pitch is an essential tool for achieving your goals. An elevator pitch can be delivered either verbally, ideally in 60 seconds or less, or as a one-page overview of your business. Think of the elevator pitch as an executive summary that provides a uick overview of your business and details why you are going to be successful. Here are the 7 key components that every elevator pitch should contain: !. "roblem The most important thing is to identify a problem that is worth solving. #f your product or service doesn$t solve a problem that potential custome rs have, you don$t have a viable business. %imple as that. &ow, you don$t have to be solving a massive problem where the solution will change the world. That$s great if you are tackling such a problem, but for most businesses, that$s not the reality. "roblems can be simple ' and that$s (). As long as you, as an entrepreneur, are solving a problem that customers have, you can build a business. *ere are a few examples of problem statements that could be highlighted in an elevator pitch+  Tr ansferring ph otos from mob ile phones i s a difficult and c omplex proces s.  There are no g ood hinese restaurants in /ugene, (regon.   An aly0ing results f rom 12# test s is difficult, t ime-consumin g, and expensiv e. Try and distill your customer$s problem down to its simplest form. #deally you should be able to describe the problem you are solving in one or two sentences, or potentially a few bullet points. #n the long run, your company may solve multiple custome r problems, but initially you will be more successful if you just focus on one core problem. 3. %olution Too many entrepreneurs start with a solution+ a product or service that they think the market needs without first identifying the problem they are solving. As a smart entrepreneur, you can avoid this mistake by first making sure that you are solving a real problem that customers actually have before you define your solution 4see point !5. (nce you have clearly defined the problem you are solving, you need to explain your solution. A clear problem statement will help you focus your solution on solving that one problem, and not stretch the solution to solve multiple potential problems.

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Whether you are trying to raise money for your business or just want to perfect your business strategy, a solid elevator pitch is an essential tool for achieving your goals. An elevator pitch can be delivered either verbally,ideally in 60 seconds or less, or as a one-page overview of your business. Think ofthe elevator pitchas an executive summary that provides a quick overview of your business and details why you are going to be successful.Here are the 7 key components that every elevator pitch should contain:1. ProblemThe most important thing is to identify a problem that is worth solving. If your product or service doesnt solve a problem that potential customers have, you dont have a viable business. Simple as that.Now, you dont have to be solving a massive problem where the solution will change the world. Thats great if you are tackling such a problem, but for most businesses, thats not the reality. Problems can be simple and thats OK. As long as you, as an entrepreneur, are solving a problem that customers have, you can build a business.Here are a few examples of problem statements that could be highlighted in an elevator pitch:Transferring photos from mobile phones is a difficult and complex process.There are no good Chinese restaurants in Eugene, Oregon.Analyzing results from MRI tests is difficult, time-consuming, and expensive.Try and distill your customers problem down to its simplest form. Ideally you should be able to describe the problem you are solving in one or two sentences, or potentially a few bullet points. In the long run, your company may solve multiple customer problems, but initially you will be more successful if you just focus on one core problem.2. SolutionToo many entrepreneurs start with a solution: a product or service that they think the market needs without first identifying the problem they are solving. As a smart entrepreneur, you can avoid this mistake by first making sure that you are solving a real problem that customers actually have before you define your solution (see point 1).Once you have clearly defined the problem you are solving, you need to explain your solution. A clear problem statement will help you focus your solution on solving that one problem, and not stretch the solution to solve multiple potential problems.Again, try and distill your solution description down to as few words as possible. You should be able to describe your solution at a high level in just a few sentences or bullet points.3. Target MarketAs you define the problem you are solving, you should naturally be thinking about the potential customers who have this problem. In the Target Market section of your pitch, you will define exactly who has the problem you are solving and figure out how many potential customers you will be trying to sell to.You should try and divide your target market into segmentssmaller groups of people whom you expect to market to.Its always tempting to define a target market thats as large as possible, but that does not make for a credible pitch. For example, if you have a new shoe company, it would be tempting to say that your target market is everyone. After all, everyone has feet and everyone needs shoes, dont they?But, realistically, your new shoe company is probably targeting a specific group of people, such as athletes. Within this group of athletes, you might segment the market into additional groups such as runners, walkers, hikers, etc.Once you have created a good list of target market segments, youll need to do a little research and estimation to figure out how many people are in each segment. If you live in the US,the US Census siteis an invaluable resource that you should take full advantage of. TheSBA sitealso has a great collection of links for market research. Next, try and estimate what an average person in each group currently spends each year on their current solution to the problem you are solving. Now, just multiply the number of people by how much they currently spend and you will have a realistic market size number or your target market.In your pitch, you will want to talk about the market segments you are targeting, how many people are in each segment, and the total amount they currently spend. These numbers are critical and must be part of any good pitch presentation.4. CompetitionEvery business has competition. Even if no one has come up with a solution similar to what you have come up with, your potential customers are solving the problem they have with some alternative.For example, the competitors to the first cars werent other cars but horses and walking.As you think about your competition and existing alternatives, think about what advantages your solution offers over the competition. Are you faster, cheaper, better? Why would a potential customer choose your solution over someone elses?Describing your key differentiators from your competition is a great exercise and ensures that you are building a unique solution that customers will hopefully choose over other alternatives. These differentiators will also help you focus your marketing on the key value proposition that you offer that your competitors dont.5. TeamAs great as your idea is, only the right team will be able to effectively execute and build a great company.In the team portion of your pitch, you should talk about why you and your business partners are the right team to execute on your vision and why your teams skill set is precisely what is needed to lead your company to success.People often say that a companys leadership team is more important than the ideaand this is often true. No matter how great or unique your solution is, if you dont have the right people on board, you wont be able to see it to fruition.Its also OK to not have an entire team in place. Its more important to understand that you have gaps in your management team and that you need to hire the right people. Knowing what your team is missing and recognizing that you need to find the right talent to fill the gaps is an important trait in any entrepreneur.6. Financial SummaryFor a great pitch, you dont necessarily have to show a detailed 5-year forecast. Whats more important is that you understand your business model.Business model may sound like something complex, but fortunately its not. All you need to know is who pays your bills and what kinds of expenses you will have. For example, if you are starting an online news site, the customers that pay the bills are your advertisers. Your costs will be writers, graphic designers and web hosting.As you learn more about your industry, it is certainly helpful to put together a sales forecast and expense budget. You will want to ensure that you can build a profitable company based on your assumptions. But, for your pitch, a detailed forecast isnt necessarily required.7. MilestonesThe final key element of your elevator pitch is conveying your businessmilestones, or your schedule.Here you will want to talk about your upcoming goals and when you plan to achieve them. If you have already accomplished notable milestones, you should mention those. For example, if you have invented a new medical device, potential investors will want to know where you are in the clinical trial process. What steps have been accomplished and whats the projected schedule for final approvals from the FDA? If you are opening a restaurant, investors will want to know about plans to sign a lease, design the interior, and open for business.Talking about upcoming milestones in your pitch makes your business a reality. This section of the pitch illustrates how well you have thought through the detailed steps its going to take to open your business and start making money.Bonus component: The one-sentence pitchLets say youre at a dinner party and one of the guests asks you, So, what do you do? Can you answer in one sentence so that they understand your company?Being able to distill your company into one simple sentence is incredibly valuable. It helps you, as an entrepreneur, focus on exactly what you do and who youre doing it for. It also helps you clearly market your business. A simple headline at the top of your website or brochures will communicate the core essence of your company and generate interest in learning more about what you do.There are certainly other components you can include in your pitch, but these seven are really the must-have pieces of an elevator pitch, whether its written down as an executive summary or literally delivered as a verbal pitch in an elevator. If Ive missed anything that you think is critical to include, please let me know in the comments.

Read more:http://articles.bplans.com/the-7-key-components-of-a-perfect-elevator-pitch/#ixzz3LRyi3YJ7

Ya sea que usted est tratando de recaudar dinero para su negocio o simplemente quieres perfeccionar su estrategia de negocio, un slido discurso del ascensor es una herramienta esencial para el logro de sus metas. Un discurso del ascensor se puede entregar ya sea verbalmente, idealmente en 60 segundos o menos, o como una visin general de una pgina de su negocio. Piense en el discurso de ascensor como un resumen ejecutivo que proporciona una visin general de su negocio y detalla por qu usted va a tener xito.Aqu estn los 7 componentes clave que cada discurso del ascensor debe contener:1. ProblemaLo ms importante es identificar un problema que vale la pena resolver. Si su producto o servicio no resuelve un problema que los clientes potenciales tienen, usted no tiene un negocio viable. Tan simple como eso.Ahora, usted no tiene que ser la solucin de un problema masivo en que la solucin va a cambiar el mundo. Eso est muy bien si usted est abordando un problema, pero para la mayora de las empresas, que no es la realidad. Los problemas pueden ser simples - y eso est bien. Mientras usted, como empresario, est resolviendo un problema que los clientes tienen, usted puede construir un negocio. Aqu hay algunos ejemplos de enunciados de los problemas que podran destacarse en un discurso de ascensor:"Transferencia de fotografas desde telfonos mviles es un proceso difcil y complejo"."No hay buenos restaurantes chinos en Eugene, Oregon.""El anlisis de los resultados de las pruebas de resonancia magntica es difcil, lento y caro."Trate de destilar el problema de su cliente a su forma ms simple. Lo ideal sera que usted debe ser capaz de describir el problema que est resolviendo en una o dos frases, o potencialmente unos puntos. A la larga, su empresa puede resolver mltiples problemas de los clientes, pero en un principio que tendr ms xito si slo se centra en un problema central.2. SolucinMuchos empresarios comienzan con una solucin: un producto o servicio que ellos piensan que las necesidades del mercado sin primero identificar el problema que estn resolviendo. Como empresario inteligente, puede evitar este error al hacer primero asegurarse de que se te plantea un problema real que los clientes tienen en realidad antes de definir su solucin (ver punto 1).Una vez que haya definido claramente el problema que usted est resolviendo, es necesario explicar su solucin. Una declaracin clara del problema le ayudar a enfocar su solucin en la solucin que un problema, y no estirar la solucin para resolver mltiples problemas potenciales.Una vez ms, tratar de destilar su descripcin de la solucin a la menor cantidad de palabras posible. Usted debe ser capaz de describir su solucin a un alto nivel en tan slo frases o vietas pocos.3. Mercado ObjetivoA medida que define el problema que usted est resolviendo, que, naturalmente, debe estar pensando en los clientes potenciales que tienen este problema. En la seccin de mercado objetivo de su terreno de juego, definir exactamente quin tiene el problema que usted est resolviendo y averiguar cuntos clientes potenciales se le intenta vender.Usted debe tratar de dividir su mercado objetivo en segmentos ms pequeos-grupos de personas a las que se pueden esperar en el mercado a.Siempre es tentador para definir un mercado objetivo que es tan grande como sea posible, pero eso no significa que para un lanzamiento creble. Por ejemplo, si usted tiene una nueva empresa de calzado, sera tentador decir que su mercado objetivo es "todo el mundo". Despus de todo, todo el mundo tiene los pies y todo el mundo necesita zapatos, no es as? Pero, siendo realistas, su nueva empresa de calzado es, probablemente, orientada a un grupo especfico de personas, como los atletas. Dentro de este grupo de atletas, que te pueden segmentar el mercado en grupos adicionales como los corredores, caminantes, excursionistas, etc.Una vez que haya creado una buena lista de segmentos de mercado objetivo, tendr que hacer un poco de investigacin y estimacin de averiguar cuntas personas estn en cada segmento. Si usted vive en los EE.UU., el sitio del Censo de Estados Unidos es un recurso muy valioso que se debe aprovechar al mximo. El sitio de SBA tambin tiene una gran coleccin de enlaces para la investigacin de mercados. A continuacin, tratar de estimar lo que una persona promedio en cada grupo actualmente gasta cada ao en su actual solucin al problema que usted est resolviendo. Ahora, acaba de multiplicar el nmero de personas por la cantidad actualmente pasan y usted tendr un nmero realista "tamao de mercado" o su mercado objetivo.En su terreno de juego, tendr que hablar de los segmentos de mercado que se dirigen, cuntas personas hay en cada segmento, y la cantidad total de lo que actualmente gastan. Estos nmeros son fundamentales y deben ser parte de cualquier buena presentacin campo.4. CompetenciaCada negocio tiene competencia. Aunque nadie ha llegado con una solucin similar a la que han llegado con, sus clientes potenciales estn resolviendo el problema que tienen con alguna alternativa.Por ejemplo, los competidores de los primeros coches no haba otros coches, pero los caballos y caminar. Al pensar en su competencia y alternativas existentes, piense qu ventajas ofrece la solucin sobre la competencia. Eres ms rpido, ms barato, mejor? Por qu un cliente potencial elegir la solucin ms de alguien ms? Describiendo sus diferenciadores clave de la competencia es un gran ejercicio y se asegura de que usted est construyendo una solucin nica que los clientes con suerte elegir sobre otras alternativas. Estos diferenciadores tambin ayudarn a enfocar su comercializacin en la proposicin de valor de clave que usted ofrece que sus competidores no lo hacen.5. EquipoTan grande como su idea es, slo el equipo adecuado ser capaz de ejecutar con eficacia y construir una gran compaa.En la parte de "equipo" de su terreno de juego, debe hablar acerca de por qu usted y sus socios de negocios es el equipo adecuado para ejecutar su visin y qu conjunto de habilidades de su equipo es precisamente lo que se necesita para llevar su empresa al xito. La gente suele decir que el equipo de liderazgo de la empresa es ms importante que la idea, y esto es a menudo verdad. No importa cun grande o nica solucin es, si usted no tiene las personas adecuadas a bordo, usted no ser capaz de ver a buen trmino. Es tambin bien para no tener todo un equipo en su lugar. Es ms importante entender que usted tiene lagunas en su equipo de gestin y que es necesario contratar a las personas adecuadas. Sabiendo lo que su equipo no est y reconociendo que es necesario encontrar el talento adecuado para llenar los vacos es un rasgo importante en cualquier emprendedor.6. Resumen FinancieroPara un gran terreno de juego, que no necesariamente tiene que mostrar un pronstico detallado de 5 aos. Lo que es ms importante es que usted entiende su modelo de negocio."El modelo de negocio" puede sonar como algo complejo, pero afortunadamente no lo es. Todo lo que necesitas saber es quin paga sus cuentas y qu tipo de gastos que tendr. Por ejemplo, si usted est comenzando un sitio de noticias en lnea, los clientes que pagan las facturas son sus anunciantes. Sus costos sern escritores, diseadores grficos y web hosting. A medida que aprenda ms acerca de su industria, sin duda es til para elaborar un pronstico de ventas y presupuesto de gastos. Usted querr asegurarse de que usted puede construir una empresa rentable en funcin de sus supuestos. Pero, por su tono, no es necesariamente requiere un pronstico detallado.7. HitosEl elemento clave final de su discurso del ascensor es transmitir sus hitos empresariales, o su horario.Aqu quiero hablar de sus prximos objetivos y cuando va a alcanzarlos. Si ya ha logrado hitos notables, usted debe hablar de los. Por ejemplo, si usted ha inventado un nuevo dispositivo mdico, los inversores potenciales querrn saber dnde usted est en el proceso de ensayo clnico. Qu medidas se han logrado y lo que es el calendario previsto para la aprobacin final de la FDA? Si va a abrir un restaurante, los inversores querrn saber acerca de los planes para firmar un contrato de arrendamiento, el diseo del interior, y abierto al pblico.Hablar sobre los prximos hitos en su terreno de juego hace que su negocio en una realidad. Esta seccin de la cancha ilustra lo bien que han pensado en las medidas detalladas que se va a tomar para abrir su negocio y empezar a ganar dinero.Componente Bono: El tono de una sola fraseDigamos que usted est en una fiesta de la cena y uno de los invitados le pregunta: "Entonces, qu hacer?" Puedes responder en una frase para que entiendan su empresa?Ser capaz de destilar su empresa en una frase simple es increblemente valioso. Le ayuda, como empresario, se centran en exactamente lo que haces y que lo ests haciendo para. Tambin ayuda a comercializar claramente su negocio. Un titular sencillo en la parte superior de su sitio web o folletos comunicar el ncleo esencial de su empresa y generar inters en aprender ms acerca de lo que haces.Es cierto que hay otros componentes que puede incluir en su terreno de juego, pero estos siete son realmente los "must-have" pedazos de un discurso de ascensor, ya sea escrito como un resumen ejecutivo o, literalmente, entrega como un terreno de juego verbal en un ascensor. Si me he perdido nada de lo que crees que es fundamental incluir, por favor hgamelo saber en los comentarios.

Leer ms: http://articles.bplans.com/the-7-key-components-of-a-perfect-elevator-pitch/#ixzz3LRyi3YJ7