Our CEO, Jordan Edelson, was recently quoted in an article written by YEC along with other experienced entrepreneurs on how to practice a pitch to investors. Check it out below!
10 Ways to Practice Your Pitch Presentation When Seeking Investors
Practice makes perfect before pitching your idea to investors. It’s important that you display the right amount of confidence so that investors will believe in you and your business idea.
That’s why we asked 10 successful entrepreneurs from Young Entrepreneur Council (YEC) the following question:
Q. Getting your pitch right for investors is vital—after all, you only get so many chances to raise the funds you need. What is the best way to practice your presentation?
1. Utilize your co-founders
Practice with your other founders and really drill one another with tough questions. It’s vital that you attempt to poke as many holes in the business before you actually pitch, so that you have a strong understanding of what your business’s strengths and weaknesses are. —Jordan Edelson, Appetizer Mobile LLC
2. Video yourself
I have done videos of myself doing my presentation, so I can study my delivery. Watching videos gives me insights into what to change and how I come across. —John Rampton, Calendar
3. Cut the jargon
Knowing your pitch inside out is key, but what’s more important is being able to explain your idea to the everyday consumer. If you can’t do this, you need to step back and reassess before meeting with investors. You also need to be able to articulate why your idea’s important—what problem are you solving? —Stephen Ufford, Trulioo
4. Practice pitching to those who are unbiased
You can’t just practice pitch to your cheerleaders who are going to give you high marks. You need to get a real, honest critique of your pitch and presentation style. Preferably, find experienced startup founders (who have already raised funds) or actual investors that can act as mentors—people who will give you honest input on your business plan, presentation, and overall pitch. —Shawn Schulze, HomeArea.com
To read the entire article, visit the following link: https://www.allbusiness.com/pitch-presentation-investors-118369-1.html