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Pitching Workshop
     Some portions adapted from
The Founder Institute teaching materials
What’s going to happen
•   Pitching for Dummies
•   The 1 minute pitch
•   Elevator pitch hot seat
•   Break
•   Pointers & Quality of Ideas
•   The 3 to 5 minute pitch
•   Competitive pitch hot seat
•   Conclusion / Q & A

@daylonsoh                        daylon@curiouscore.com
Nobody is going to
steal your stupid idea.



@daylonsoh        daylon@curiouscore.com
Your listener is
clueless…



@daylonsoh         daylon@curiouscore.com
When do we pitch?



@daylonsoh      daylon@curiouscore.com
Flickr: mbrochh
Flickr: AllThingsArePossible
Who pitches?



@daylonsoh     daylon@curiouscore.com
Flickr: More Good Foundation
Flickr: samsungtomorrow
Flickr: World Economic Forum
Where have I been pitching?
•   Streets
•   HDB Flats
•   Prospective Clients
•   Networking Events
•   Angel’s Gate




@daylonsoh                daylon@curiouscore.com
Entrepreneurs’ Pitch
             Elevator      Competitive    Investor
Duration     <1 min        3 to 5 mins    20 mins
Purpose      To Interest   To Excite      To Inform
Usage        Every day     Occasionally   When you need $
Format       Clear         Structured     Data Intensive
Elevator Pitch



@daylonsoh       daylon@curiouscore.com
Elevator Pitch Format
My company, (company name)…
Is developing (a defined offering)…
To help (a target audience)…

(Solve a problem) with
(secret sauce solution)

(Customised endnote)

@daylonsoh                        daylon@curiouscore.com
Airbnb Example
My company, AirBed&Breakfast…
Is developing a website where users can rent out their space
to help travelers save money and experience local culture.

There is no cheap and easy way to book a room with a local
or become a host and we’re first in the market to do that and
incentivise the host.

We take 10% commission or on average $20 each time. With
a current market share of 10.6M, we have earned $200M in
revenue from 2008–2011.

@daylonsoh                                    daylon@curiouscore.com
Opening Tips
• Be Specific
    – A shopping platform vs An e-commerce website
• Be Clear
    – Mobile Social CRM vs An iPhone application
• Be Minimal
    – Revolutionary software vs Presentation software



@daylonsoh                             daylon@curiouscore.com
The Audience
• Identify Demographics
    – Female consumers vs New mothers
• Specify Your Market
    – Artists & musicians vs Unsigned alternative bands
• Clarify The Buyer
    – Corporations vs Purchasing managers at MNCs



@daylonsoh                              daylon@curiouscore.com
The Problem
• Make listeners feel the pain
• Cocaine, Vitamin & Painkillers




@daylonsoh                         daylon@curiouscore.com
The Secret Sauce Solution
• Simple Unique Selling Point
• Hint at revenue model
    – Find deals online vs Shop for hip baby products at
      wholesale prices
• Faster, Better but NOT Cheaper




@daylonsoh                               daylon@curiouscore.com
The Custom Endnote
• Why should people care?
    – Excellent Team
    – Excellent Product
    – Excellent Traction
• Investors: Greed is good
    – Talk about Market Size & Projected Earnings




@daylonsoh                              daylon@curiouscore.com
Traction shuts people up



@daylonsoh       daylon@curiouscore.com
1. Smile
2. Eye contact
3. Enthusiasm




                 Flickr: Eythor
Go Pitch
My company, (company name)…
Is developing (a defined offering)…
To help (a target audience)…

(Solve a problem) with
(secret sauce solution)

(Customised endnote)

@daylonsoh                        daylon@curiouscore.com
BREAK



@daylonsoh   daylon@curiouscore.com
The Rule of 3s: Who said that?
1. “I want to spend time with you talking about the
   economy, our industry, and the work that we are
   doing at Microsoft.”
2. “Today I say to you that the challenges we face are
   real, they are serious, and they are many.”
3. “It means to try to tell your kids everything you
   thought you’d have the next 10 years to tell them in
   just a few months. It means to make sure everything
   is buttoned up so that it will be as easy as possible
   for your family. It means to say your goodbyes.”


@daylonsoh                                daylon@curiouscore.com
Competitive Pitch



@daylonsoh          daylon@curiouscore.com
Competitive Pitch Format
1. OVERVIEW: What does your company do and
   why should I care?
2. MARKET: What is the specific market size for
   your offering?
3. COMPETITION: We are unique because…
4. STATUS: Where are you in your growth plans.
5. REQUEST: How much are you looking to raise
   and what will the money be used for?

@daylonsoh                       daylon@curiouscore.com
365 Days, $10 Million,
3 Rounds, 2 Companies,
All With 5 Magic Slides
By Tim Young, TechCrunch
http://techcrunch.com/2010/11/02/365-days-10-million-3-rounds-2-companies-all-with-5-magic-slides/




@daylonsoh                                                                             daylon@curiouscore.com
Quick Tips
•   Make it easy to understand
•   State relevant figures
•   Explain your competitive advantage
•   Don’t exaggerate
•   Be specific




@daylonsoh                         daylon@curiouscore.com
Go Pitch
1. OVERVIEW: What does your company do and
   why should I care?
2. MARKET: What is the specific market size for
   your offering?
3. COMPETITION: We are unique because…
4. STATUS: Where are you in your growth plans.
5. REQUEST: How much are you looking to raise
   and what will the money be used for?

@daylonsoh                       daylon@curiouscore.com
Show & Tell
• The Narrative Pitch
    – Headline
    – Passion Statement / Purpose
    – 3 key messages
    – Metaphors & Analogies (Hero vs Villian)
    – Demonstration Theatrics
    – Traction (Partners & Customer Evidence)
    – It’s all about people

@daylonsoh                             daylon@curiouscore.com
Weapons of Influence
1.   Social Proof
2.   Liking You
3.   Authority
4.   Indifference
5.   Greed
6.   Scarcity



@daylonsoh                   daylon@curiouscore.com
Go Read
The Presentation
Secrets of Steve Jobs
by Carmine Gallo




                           Influence: The Psychology of
                                          Persuasion by
                                   Dr. Robert B. Cialdini

@daylonsoh                              daylon@curiouscore.com
www.curiouscore.com

              http://slidesha.re/smupitch




@daylonsoh                                  daylon@curiouscore.com

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Pitching workshop

  • 1. Pitching Workshop Some portions adapted from The Founder Institute teaching materials
  • 2. What’s going to happen • Pitching for Dummies • The 1 minute pitch • Elevator pitch hot seat • Break • Pointers & Quality of Ideas • The 3 to 5 minute pitch • Competitive pitch hot seat • Conclusion / Q & A @daylonsoh daylon@curiouscore.com
  • 3. Nobody is going to steal your stupid idea. @daylonsoh daylon@curiouscore.com
  • 5. When do we pitch? @daylonsoh daylon@curiouscore.com
  • 6.
  • 9. Who pitches? @daylonsoh daylon@curiouscore.com
  • 10. Flickr: More Good Foundation
  • 13. Where have I been pitching? • Streets • HDB Flats • Prospective Clients • Networking Events • Angel’s Gate @daylonsoh daylon@curiouscore.com
  • 14. Entrepreneurs’ Pitch Elevator Competitive Investor Duration <1 min 3 to 5 mins 20 mins Purpose To Interest To Excite To Inform Usage Every day Occasionally When you need $ Format Clear Structured Data Intensive
  • 15. Elevator Pitch @daylonsoh daylon@curiouscore.com
  • 16. Elevator Pitch Format My company, (company name)… Is developing (a defined offering)… To help (a target audience)… (Solve a problem) with (secret sauce solution) (Customised endnote) @daylonsoh daylon@curiouscore.com
  • 17.
  • 18. Airbnb Example My company, AirBed&Breakfast… Is developing a website where users can rent out their space to help travelers save money and experience local culture. There is no cheap and easy way to book a room with a local or become a host and we’re first in the market to do that and incentivise the host. We take 10% commission or on average $20 each time. With a current market share of 10.6M, we have earned $200M in revenue from 2008–2011. @daylonsoh daylon@curiouscore.com
  • 19. Opening Tips • Be Specific – A shopping platform vs An e-commerce website • Be Clear – Mobile Social CRM vs An iPhone application • Be Minimal – Revolutionary software vs Presentation software @daylonsoh daylon@curiouscore.com
  • 20. The Audience • Identify Demographics – Female consumers vs New mothers • Specify Your Market – Artists & musicians vs Unsigned alternative bands • Clarify The Buyer – Corporations vs Purchasing managers at MNCs @daylonsoh daylon@curiouscore.com
  • 21. The Problem • Make listeners feel the pain • Cocaine, Vitamin & Painkillers @daylonsoh daylon@curiouscore.com
  • 22. The Secret Sauce Solution • Simple Unique Selling Point • Hint at revenue model – Find deals online vs Shop for hip baby products at wholesale prices • Faster, Better but NOT Cheaper @daylonsoh daylon@curiouscore.com
  • 23. The Custom Endnote • Why should people care? – Excellent Team – Excellent Product – Excellent Traction • Investors: Greed is good – Talk about Market Size & Projected Earnings @daylonsoh daylon@curiouscore.com
  • 24. Traction shuts people up @daylonsoh daylon@curiouscore.com
  • 25. 1. Smile 2. Eye contact 3. Enthusiasm Flickr: Eythor
  • 26. Go Pitch My company, (company name)… Is developing (a defined offering)… To help (a target audience)… (Solve a problem) with (secret sauce solution) (Customised endnote) @daylonsoh daylon@curiouscore.com
  • 27. BREAK @daylonsoh daylon@curiouscore.com
  • 28. The Rule of 3s: Who said that? 1. “I want to spend time with you talking about the economy, our industry, and the work that we are doing at Microsoft.” 2. “Today I say to you that the challenges we face are real, they are serious, and they are many.” 3. “It means to try to tell your kids everything you thought you’d have the next 10 years to tell them in just a few months. It means to make sure everything is buttoned up so that it will be as easy as possible for your family. It means to say your goodbyes.” @daylonsoh daylon@curiouscore.com
  • 29. Competitive Pitch @daylonsoh daylon@curiouscore.com
  • 30. Competitive Pitch Format 1. OVERVIEW: What does your company do and why should I care? 2. MARKET: What is the specific market size for your offering? 3. COMPETITION: We are unique because… 4. STATUS: Where are you in your growth plans. 5. REQUEST: How much are you looking to raise and what will the money be used for? @daylonsoh daylon@curiouscore.com
  • 31.
  • 32.
  • 33.
  • 34.
  • 35.
  • 36. 365 Days, $10 Million, 3 Rounds, 2 Companies, All With 5 Magic Slides By Tim Young, TechCrunch http://techcrunch.com/2010/11/02/365-days-10-million-3-rounds-2-companies-all-with-5-magic-slides/ @daylonsoh daylon@curiouscore.com
  • 37. Quick Tips • Make it easy to understand • State relevant figures • Explain your competitive advantage • Don’t exaggerate • Be specific @daylonsoh daylon@curiouscore.com
  • 38. Go Pitch 1. OVERVIEW: What does your company do and why should I care? 2. MARKET: What is the specific market size for your offering? 3. COMPETITION: We are unique because… 4. STATUS: Where are you in your growth plans. 5. REQUEST: How much are you looking to raise and what will the money be used for? @daylonsoh daylon@curiouscore.com
  • 39. Show & Tell • The Narrative Pitch – Headline – Passion Statement / Purpose – 3 key messages – Metaphors & Analogies (Hero vs Villian) – Demonstration Theatrics – Traction (Partners & Customer Evidence) – It’s all about people @daylonsoh daylon@curiouscore.com
  • 40. Weapons of Influence 1. Social Proof 2. Liking You 3. Authority 4. Indifference 5. Greed 6. Scarcity @daylonsoh daylon@curiouscore.com
  • 41. Go Read The Presentation Secrets of Steve Jobs by Carmine Gallo Influence: The Psychology of Persuasion by Dr. Robert B. Cialdini @daylonsoh daylon@curiouscore.com
  • 42. www.curiouscore.com http://slidesha.re/smupitch @daylonsoh daylon@curiouscore.com