Entrepreneurs - Suggestions for Presentation
Suggestions for Presentation The goal of your presentation has been compared to “speed dating”. You are hoping to get sufficient interest from investors for a second date. Here are some important tips to keep in mind as you prepare for your moment in the spotlight. Your presentation should answer these questions:
1. What is the burning customer problem you are addressing? (Is there a pent up demand?)
2. Explain why you have the solution to this problem and it is unlike alternative remedies services or products.
3. Explain your business model and how you will make money by providing a service or product
4. What differentiates your product in the marketplace from possible competitors? For example what IP do you have that others will not have?
5. What is the market size and potential growth and what will your strategy be?
6. Highlight your experience and expertise and what additional management talent will be brought to build your business.
7. Give the financial projections, breakeven points and when you expect to be profitable. How much have the founders invested in this?
8. How much are you asking for in OPM (Other People’s Money) and how do you expect to use it?
9. Avoid Death by Power Poi nt. Power Point is the most abused substitute for good speaking on the planet. Limit the number of power point slides to a few strong visuals.
10. Remember the Albert Einstein Rule:
SO: Practice live before friends; time yourself; use a tape recorder and remember great speeches leave nothing to chance.
Suggestions for Presentation The goal of your presentation has been compared to “speed dating”. You are hoping to get sufficient interest from investors for a second date. Here are some important tips to keep in mind as you prepare for your moment in the spotlight. Your presentation should answer these questions:
1. What is the burning customer problem you are addressing? (Is there a pent up demand?)
2. Explain why you have the solution to this problem and it is unlike alternative remedies services or products.
3. Explain your business model and how you will make money by providing a service or product
4. What differentiates your product in the marketplace from possible competitors? For example what IP do you have that others will not have?
5. What is the market size and potential growth and what will your strategy be?
6. Highlight your experience and expertise and what additional management talent will be brought to build your business.
7. Give the financial projections, breakeven points and when you expect to be profitable. How much have the founders invested in this?
8. How much are you asking for in OPM (Other People’s Money) and how do you expect to use it?
9. Avoid Death by Power Poi nt. Power Point is the most abused substitute for good speaking on the planet. Limit the number of power point slides to a few strong visuals.
10. Remember the Albert Einstein Rule:
- If I have a 6 hour speech to give, I practice for 3 minutes.
- If I have a 3 minute speech to give, I practice for 6 hours.
SO: Practice live before friends; time yourself; use a tape recorder and remember great speeches leave nothing to chance.