tell your start up story

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Tell your start-up story Pitching for investment success Miriam Gilbert – Storytelling with Numbers

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Pitching for investment? Make sure your pitch tells the full story: - how to make your pitch memorable - avoid the most common mistakes - use persuasive language - create professional looking design in no time

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Page 1: Tell your start up story

Tell your start-up story

Pitching for investment success

Miriam Gilbert – Storytelling with Numbers

Page 2: Tell your start up story

90% start-up investment pitches fail

Lack of preparationOf content and soft skills

No investment fitDoes not meet investors’ portfolio need

No compelling storyProduct / Business idea is not convincing

Weak teamExpertise and dynamics are not convincing

Page 3: Tell your start up story

Understand your audience

Not all investors are the same – who are they?

Page 4: Tell your start up story

What do you know about your audience?

Are they:• Angels or VC’s?• Leaders of followers?What is the investment fit?

Page 5: Tell your start up story

Common mistakesand how to avoid them when pitching

Page 6: Tell your start up story

Solve a problem

Focusing on the problem rather than your solution creates interest and human connection

Page 7: Tell your start up story

Present a strong team

Make sure your team’s expertise shines through and you demonstrate great team dynamic

Page 8: Tell your start up story

The right balance

Present all the critical data but don’t provide a lecture. You want to sell your idea, not educate

Level of detail

Critical information

Page 9: Tell your start up story

Address the obvious

questionsDon’t pretend there are no competitors or risks. Admit past mistakes and explain what you learned from them.

Page 10: Tell your start up story

Keep the audience engaged

Don’t talk too fast or too long (20min

max)

Never read the slides

Make eye contact

Invite questions

Page 11: Tell your start up story

Be mindful of cultural differences

Shaking hands

Eye contact

Common phrases

Using first names

Other?

I say tomatoes, You say tomatoes

Page 12: Tell your start up story

Use storytelling for impact

Make your pitch really memorable

Page 13: Tell your start up story

Audiences remember

1 week after pitch

during pitch

0% 10% 20% 30% 40% 50% 60% 70% 80% 90%100%

% data retention

100%10%of the

data

of the Story

but almost

Page 14: Tell your start up story

How stories work

Stories provide a frame of reference and can create an emotional connection

Page 15: Tell your start up story

Status Quo

Challenge

Proposal

Conflict

Real solution ACTION

Call to

Simple storyline

Page 16: Tell your start up story
Page 17: Tell your start up story

Ideas from everyday life

Create

persona

Compare and contrast

Set in context

Analogies

Personal / shared experience

Page 18: Tell your start up story

Simple language tricksTo achieve greater influence

Page 19: Tell your start up story

This is great

BUT…

Page 20: Tell your start up story

I agree and that means…

I agree and that is why…

Page 21: Tell your start up story

As you notice / realise / see / experience…

you will…

Page 22: Tell your start up story

Use straightforward design techniques

You can apply immediately

Page 23: Tell your start up story

Chose a theme and apply consistently

Consistent fonts – max. 3 styles

Consistent backgrounds – simple is best

Consistent style elements

Uncluttered – lots of white space

Page 24: Tell your start up story

A monochromatic colour scheme looks professional

15 20 25 30 35 40 45 50 55 60 65 70 75 80 85 90 950

2

4

6

8

10

12

14Freq.

Page 25: Tell your start up story

Details in hand-out

Keep technical details, complex tables and drawings for the hand-out

0) Cover Slide1) Elevator Pitch Slide2) Team3) Board Members & Advisers & Future Hires (Optional, combine w/ team slide)4) Market Opportunity: Define Market, Size & Target Client5) Market Problem & Current Solutions6) Your Solution (1-5 slides)7) Traction & Awards (Optional, if none yet) (1-3 slides)8) Market Fit / Competition (Optional, can be explained in slide 5 & 6)9) Competitive Advantages (Optional, can be explained in slides 5 & 6)10) Business Model: Key Revenue Streams11) Marketing Approach & Strategy: Key Expenses / Time-Efforts12) Financial Projections13) Exit Strategy (Optional)14) The Ask: Capital Raise / Uses / Intros15) Closing Slide: Questions? Contact Details

Slides to include in your slide deck

Page 26: Tell your start up story

Q & A

Page 27: Tell your start up story

THANK YOU!Wishing you the best of luck, Miriam Gilbert

Email:

[email protected]

Tel: +44 (0) 783 40 59 240

Web: www.storytellingwithnumbers.com

Twitter: MiriamRGilbert