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Video selection of the best startups pitches

  1. Pitch like a king Our presentation tips for business ideas. by @boardofinno boardofinnovation.com IMG: World Travel & Tourism Council via Flickr
  2. Template to start from: 1. Problem Statement 2. Your solution (product) 3. How to capture value ($) 4. Credibility 5. Call to action The 5 key topics you should cover, preferably in this sequence.
  3. Used in our innovation bootcamps: Bookmark this list PDF download
  4. 1. Problem What pain in the market do you solve?
  5. Start with the problem you plan to solve. Example: MissApp, apps for women by women full clip: youtube play video
  6. Start with the problem you plan to solve. Problems she identified in the first 30 sec: - “Man don’t understand women” - “Not a lot of apps exist for women.” - “the app that exist are not good enough (developed by men?)”
  7. 2. Solution Show your product or service.
  8. Show what your product or service can do! Example: Catchbox, throwable microphone full clip: youtube Video jumps to 1m20s play video
  9. Show what your product or service can do! Avoid abstract buzz-lingo, just demo your service. - Try to make it tangible (bring props?) - A live demo will pull your audience in the story (will it work?) - Although Catchbox demo failed at first, they were able to convince their audience about their solution. ! important: - Have a back-up plan: e.g. “When live doesn’t work, switch to a pre-recorded demo”
  10. 3. How to capture value How will you make money?
  11. Explain how you plan to monetise your product: Example: Foursquare, original slide deck
  12. Explain how you plan to monetise your product: Example: Foursquare, original slide deck
  13. Explain how you plan to monetise your product: Example: Foursquare, original slide deck
  14. Explain how you plan to monetise your product: Example: AirBnb, original slide deck
  15. 4. Add credibility Why should they believe you?
  16. Most important: share numbers Example: Doordash, next-gen food delivery full clip: youtube Video jumps to 1m30s play video
  17. Add credibility by using numbers Doordash uses several techniques - Compare own results with competitors (3500 deliveries so far!) - Share user uptake, market growth - First revenue figures and sales - …
  18. Add credibility by using numbers Example: Envolve, website chat service full clip: youtube Video jumps to 1m10s play video
  19. Add credibility by using numbers Envolve - 29% growth, month-over-month - “4 million unique users” - “Our revenue is growing just as fast as our chat messages.” ! Additionally, Envolve drops references from big clients - Universal, Mitsubishi, Empire Avenue,…
  20. Add credibility by using numbers Example: MOZ, SEO service.
  21. Add credibility by using numbers Example: MOZ, SEO service.
  22. 5. Call to action What are the next steps?
  23. What is your long term plan? mint.com had a clear! long term strategy,! ! with 4 options to exit.
  24. What is your long term plan? They managed to sell! to Intuit (goal 3)
  25. General tips
  26. Make a personal connection Example: Scan, barcode & QR scanning app full clip: youtube play video
  27. Do you have a WOW moment? Example: Scan, barcode & QR scanning app full clip: youtube play video
  28. Use metaphors to explain a complex story Example: Twoodoo, next-gen collaboration service full clip: youtube Video jumps to 2m30s play video
  29. Now your numbers by heart! Example: zapper.co.uk (resell books & media, ft. Dragons Den) full clip: youtube Video jumps to 1m50s play video
  30. Practice, Practice, Practice! Example: CupAd (ads on coffee cups) full clip: youtube full clip play video
  31. What other examples should we add? Tips to @nickdemey or @boardofinno
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