This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Competition. And the reality is that if you have no competition it will likely be perceived as a negative, not positive. And the reality is that if you have no competition it will likely be perceived as a negative, not positive. Here’s some thoughts on the competitionslide and also how to talk about it: Competition.
Professional investors laugh when they hear an entrepreneur state, “We have no competition.” If you are raising funds, list “do nothing” as a viable competitor in your slide deck. That statement has killed more investment deals than almost any other. Well, come to think of it, this is especially true in such an instance.
I am a big believer in VC pitches that the bio slide should come up front. The short answer is that by knowing the key members of the management team the VC firm can quickly identify strengths on your time and know whether you have some competitive advantage in your chose field relative to other people with whom you will compete.
A perfect round number is ten slides, with the right content, that can be covered in ten minutes. Most advisors will tell you to write the business plan first (20-30 pages), then distill the key points into a set of Microsoft PowerPoint slides for standup presentations to potential investors. Competition and sustainable advantage.
A perfect round number is ten slides, with the right content, that can be covered in ten minutes. Here are the ten slides you need: Problem and market need. Competition and sustainable advantage. List and position your competition, or alternatives available to the customer. Give the “elevator pitch” for your startup.
An entrepreneur pitches using a deck with no slide for competition. We have no competition.”. If you are raising funds, list “do nothing” as a viable competitor in your slide deck. We investors see this all the time. When asked (as we always do,) the response is “This is new.
Remember that most people are visual thinkers and Powerpoint slides simply help frame the conversations. Competition. You should have 10-12 slides and anything else that is detailed should be in your appendix. How you solve that problem conceptually at the highest level. Details on the solution. Demo could go here].
How to Deal with Electronic Distractions Of course the biggest competition you have with the attention of your board members is their mobile phones. If you present slide after slide and if this becomes a download of too much information and not enough of a discussion then people’s attention spans wane. Don’t be this team.
When you’re in a competition and on the spot, answering questions to industry experts can be a nerve-wrecking process. This competition required the team to answer “…questions on a Food and Nutrition data set that contained 28 features and 30,000+ rows.
The reason for this is that the executives who founded the company have so much tacit knowledge of how to position their product relative to the competition that they can easily win campaigns when they’re involved. So I often work with teams to get them to codify the key things they do well that the competition does not.
I decided we''d patent a sliding mechanism on our Bluetooth, and use 3D printers to take pictures that people send to us, and my company will design a Bluetooth based on their picture, on our 3D printer. What''s your competitive advantage against others in the headset/accessories market? Our competitive advantage is fashion.
Competition for your new hydrogen fuel auto engine is not limited to other hydrogen auto engine offerings, or even other autos. So what are some of the key points that you should highlight in your investor slides to convince investors that you indeed do have a long-term competitive advantage over other alternatives in the marketplace?
As noted in Competitive Sleuthing , some partners routinely share information about the companies with whom they are working. . If the other party asks you to send them your slides, find out why they need them. At the end of the call, he requested that we, “send him the slides and a proposal.”.
Competition for your new hydrogen fuel auto engine is not limited to other hydrogen auto engine offerings, or even other autos. So what are some of the key points that you should highlight in your investor slides to convince investors that you indeed do have a long-term competitive advantage over other alternatives in the marketplace?
CapLinked , the online platform for private investment funded by members of the “ PayPal Mafia “—announced that it is launching a worldwide pitch competition for entrepreneurs to present their business ideas to a panel of all-star judges from Idealab, Rincon, Rapidfire, and Actarus. The deadline for entering is November 15.
Then competition. You put some update slides on things like key hires or biz dev deals being negotiated and you didn’t plan to talk about them. But they were in a slide and people asked you questions so it ended up chewing up 30 minutes. We started with our financial statements. We then talked about our product roadmap.
Competition: Chegg (has raised $144 in debt and equity)—estimated by Steven Carpenter ( TechCrunch ) to be 10x more unique visitors than BookRenter (during peak book renting seasons) with nearly $140mm in revenues for 2010. -New Metrics: 50mm users (up from 40mm in Dec 2009), -Competition includes: Spotify , Last.fm.
There are a million ways to make graphics lighter or resize your file without a huge impact on the quality of the slides?—?after Summary: Send the Deck Pitch decks are sales & marketing decks and like in any sales activity, any great sales person assumes his or her competition will eventually get their deck. A deck is a deck.
The hackathon runs over 48 hours, where teams will develop a minimum viable product, produce slides, and pitch their creations to judges. Among the biggest wishes expressed by local accelerators and investors in Southern California has been to see more, technical founders from potential startups.
new features need to go into the sale people’s slides so that they know the latest and greatest about how to differentiate from the competition. . - new features need to be rolled into PR strategies and competitor analyses. - Many startups have never faced these challenges because they haven’t hit scale.
Just because a product has a patent, deep complexity and an obvious competitive advantage does not mean that it can fly by itself into the market. Personally, I don't like weighty board packs and I do not wish to inflict slide preparation upon anyone. gave him my favorite, "keep it to six slides." didn’t think so.
I have a few slides later that address that.&# (obviously if you say that you need to come back to the question either later or after the meeting. If it’s OK with you I’d love to answer it in just a couple of minutes after the next few slides. Do you mind if I answer that a little later in the presentation?
The deck itself was produced by a committee of functional team lead who were asked to do 5–7 slides each for an update. Each section head reads his / her 5–7 slides. If you put up 5 slides on “what should we order for lunch today” the board will spend 30 minutes debating that. There are too many pages. It passes the weight test.
A perfect round number is ten slides, with the right content, that can be covered in ten minutes. Here are the ten slides you need: Problem and market need. Competition and sustainable advantage. List and position your competition, or alternatives available to the customer. Give the “elevator pitch” for your startup.
Packaging, pricing & discounts – In the early days of my first company we always had “list prices&# we quoted to customers and of course we were always willing to negotiate based on who the client was, how important the business was to us, who the competition was and how well the deal was negotiated. We called it PUCCKA.
Join because you know you’ll be earning less than you could elsewhere at some meaningless job cranking out non-core code, producing Powerpoint slides or shuffling paper. rounds and still be competitive. We’re a meritocracy. You can always earn more. But join here if you want to grow. Join because you like the culture.
When pitching to investors, entrepreneurs always seem to start with a customer pitch, then add a slide or two about the business. In reality, they need a separate pitch about the business, carrying over only a slide or two about the solution. Competitor positioning and sustainable competitive advantage.
A business plan is the outward facing definition of the business you hope to drive with your hardware solution, with a hardware overview in the intro to highlight customer value and competitiveness. Call out your top competitors, highlighting your sustainable competitive advantage, including patents, trade secrets. and trademarks.
As a startup advisor and investor, I recommend a pitch deck with about 10 slides backed up with a written business plan of approximately 20 pages, both containing quantified answers to the following key questions. This is also the place to first mention patents and any other differentiators that put you ahead of competition.
Send me in a corner to work on slides, graphs, spreadsheets and charts. Initially I thought it was too long of a name for a blog.When I looked at the competition it as AVC.com and Feld.com. We got to define Internet offerings for one of the largest telcos in Europe. Yet everywhere I went I was now “strategy guy.”
I’ve had many startup founders tell me that their startup literally has no competition,” said Frank Gruber, Cofounder of Tech.Co, Startup of the Year , and Established. “In What startup teams don’t realize is that having competition is good. Try to keep the presentation tight, 10 slides is ideal,” Gruber said.
You’ll learn about competitive products that exist or are being built. Someone Stole My Startup Idea – Part 2: They Raised Money With My Slides?! He tells us you'll get the following benefits from talking to lots of people: There are lots of benefits to talking to people. You’ll get suggestions for improvements.
Describe technology and features, not competitiveness. It should be imbedded in the home page of your web site, the introduction section of your business plan, the heart of your executive summary, and the first slide of your investor pitch. For example, “I have patented a new tire that will double the wear mileage at half the cost.”
In my experience as an angel investor, the perfect pitch length is ten slides, outlining the business problem, your solution, opportunity sizing, competition, and financial projections for the next five years. This section is especially important if you intend to attract outside investors or strategic partners.
One, is an upright, traditional looking microscopes, where you look at glass slides. Eugene Cho: We had a seed round for less than $3M, and we did a note round with the Tech Coast Angels for $2M after we won their Quick Pitch competition, over about 150 other companies. There are typically two types of microscopes.
You’ll learn about competitive products that exist or are being built. Someone Stole My Startup Idea – Part 2: They Raised Money With My Slides?! He tells us you'll get the following benefits from talking to lots of people: There are lots of benefits to talking to people. You’ll get suggestions for improvements.
We spent time out in the marketplace talking with customers, looking at their solutions, comparing ourselves with our competition and then squirreling ourselves away in our offices designing our next set of features. In the first 4 years of running BuildOnline we were an “Outside In&# organization.
As a consequence, small businesses should be able to get competitive insurance plans and better pricing. After the 2014 tax year, smaller businesses purchasing insurance through a state exchange will receive a credit for as much as 50% of their contributions, also on a sliding scale.
Your second sentence should acknowledge competition, but highlight your added value. It should be in the introduction section of your business plan, on the first slide of your investor pitch and the beginning of your executive summary. Highlight features rather than differentiators. Focus on the solution and skip your team.
There are a lot of other competition shows and reality show, which are much more predatory and cut-throat, and it's nice for our entrepreneurs to not only get a real investment, but get great feedback. If you have one of the products that can neatly slide into one of their category groups, they will be really popular.
One, is an upright, traditional looking microscopes, where you look at glass slides. Eugene Cho: We had a seed round for less than $3M, and we did a note round with the Tech Coast Angels for $2M after we won their Quick Pitch competition, over about 150 other companies. There are typically two types of microscopes.
Having a defensible competitive advantage or “barrier to entry” is another critical step to funding, and another common stumbling block during all phases of the funding process. Investors expect a one or two-page executive summary sheet for the initial screening, backed up by a ten-slide Powerpoint investor presentation.
Having a defensible competitive advantage or “barrier to entry” is another critical step to funding, and another common stumbling block during all phases of the funding process. Investors expect a one or two-page executive summary sheet for the initial screening, backed up by a ten-slide Powerpoint investor presentation.
The brute force methods that used to work so well, such as “work harder,&# “hire more,&# “spend more&# aren’t true strategic or competitive advantages. Note that companies are not pull OR push…there would be a sliding scale (such as 70/30 push/pull). Anyone can work hard, hire people and raise more money.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content