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SUW Kosice   Pitch
What are WE going to talk
      about today?
1. Pitching Fundamentals

2. Slide Preperation

3. Investors Perspective

4. Networking
1. Pitching Fundamentals
Anytime
Art not Science
What is a Pitch?
Pitch           ?       ?
                           ?

Your           Their
head           heads




  Never enough time
A (Start-up) Pitch
Pitching Universe
Investor Pitch
Friends Pitch
Back of Napkin Pitch
Elevator Pitch
Conference Pitch
„Impressing the Ladies“ Pitch
?
In general for whole universe
“Everything you
achieve, you
will achieve
with or through
other people.”
YOU



For example „SUW   Kosice“
You are
here
Startup Week 2011
Pitching
   for
Success
If so important,
 you would think
people work hard
  to do it well….
A European comparision?
~ 500 pitches

Really good ones:
       ~ 20
  (that I acctually remember)
We have a
problem in
 Europe!
People are dying…
…and dying….
…ok, some manage to survive…
…. but it is an epidemic…
…that covers Europe
Name of the disease:


    B.P.P.
Bad
Presentations
  & Pitches
but NOT (powerpoint)
 bullets kill people
people kill
People!
YOU (potentially)
       1.   Kill people

 2.    Waste opportunities

3.    Contribute to epidemic
Good news!!!
Pitching & Presenting can be TRAINED
 Right mindset
   (hopefully now)
Pitching Universe
YOU?




  Who of you was there?
YOU?




Who of you was there?
Vs.


What is more important?
Center of the universe
Pitching = inspiring
Pitching = selling
Pitching = convincing
But pitching requires more!
Let‘s think about the „center“
Remember?
I bet you are inside here

             Pitch           ?       ?
                                 ?

      Your           Their
      head           heads
Get out of YOUR head
First thing to do

          Pitch           ?       ?
                              ?

   Your           Their
   head           heads



     You have to get inside here
YOU




What do YOU (as audience) want?
"I am sorry I have had to write you
such a long letter, but I did not have
time to write you a short one”


- Blaise Pascal
"If you can't explain it simply, you
don't understand it well enough."


- Albert Einstein
K.I.S.S.S.
Visualize!
Relate to know things
The Unknown meeting The Known

 „…it is like GPS, but for indoors.“
Clarity
Authenticity

Find a unique part…
Connection



       Emotion
Excitement       Retention
Investor Pitch




Elevator Pitch



One Liner
Structure
Anatomy of a One-Liner



                  Adeo Ressi
                  (Founder
                  Institute)
Anatomy 1 – Elevator Pitch
You             Solution




      Problem              Your Need
Anatomy 2 – Elevator Pitch
You          Satisfaction




      Need                  Your Need
Anatomy 3 – Elevator Pitch
You            „Product“




      Vision               Your Need
Bad Pitch
You               Solution




      Problem
But there is another way
The king died.
   The queen died.



The king died, and then
the queen died of grief.
Story = Structure
The forgotten Half of the Pitch
Magic formula
Emotion
2. Slide Preperation
3 Steps
1. Preperation*
           2. Focus
           3. Process
* Creating a good presentation starts far before designing the first slide!
PREperation
Unplug
Gather
Think before doing
Focus
Audience
YOUR Reason*
*Different reason why you want to present = different presentation
Core
       What is the
       core of what
       you do?
“Perfection is achieved, not when
there is nothing more to add, but
when there is nothing left to take
away”

-Antoine
de Saint-Exupéry
Ready to go
Process
Back to basics*




*Use one piece of paper per slide and start basic drafting
Storyline*
*Fit to a „story“ and add more details to draft
Refine*
*Rearrange, add, remove slides & refine drafted slides, content & storyline (reasearch missing parts)
Design
*57th International Advertising Festival in Cannes
1. Preperation   Three broad


2. Focus
                 steps for
                 creating good
                 presentations



3. Process
3. Investors Perspective
Broad Investor
  Perspective*
*Different investors have different expectations
The not so secret
    formula
PP CC TT RR
2P 2C 2T 2R
  2PCTR
Value




Product
Potential
Can we win?




Competition
  Capital
Lines
                                          not
                                         dots



   Traction
      Team
*Mark Suster / Bothsidesofthetable.com
Return
 Risk
2PCTR
2PiCTuRes                                          *

*a figurative memory bridge for the abbreviation
*if you literally want to remember 2 pictures of this whole presentation
1 Possible Structure
0.   One-Liner
1.   Problem / Need
2.   Solution / Satisfaction = Product (!)
3.   USP / Unfair advantage
4.   How do you make money?
5.   Market / Going to Market
6.   Team
7.   Status Quo
8.   Outlook
9.   Backup Slides
Example
http://investors.dressrush.com/
4. Networking
"When I started to go on auditions, I just
wanted them to like me. That wasn't the
right attitude ... I started to view auditions
as my chance to solve their problem."


- George Clooney
Special Thanks
1. Design your future with your contacts
2. Create your networking map
3. Add value to your network
4. Know your One-Liner
5. Networking is a ceremony, be prepared
6. Meet like an networker*
7. Introduce people with each other
8. Use your social network(s)
9. Be known (over time)
10. Continue the relationship
*a person that becomes the “host” in anywhere he or she goes
stARTistsCANdo




  Can Ertugrul
Pitch and Networking Workshop Startup Weekend Kosice

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