As an investor myself, I see plenty of pitch decks from entrepreneurs making an attempt to lift cash. After all they span all completely different levels, industries and concepts. The founders come from all completely different ages and backgrounds. They’re all very completely different, however they nearly all the time have one factor in frequent:
They fail to actually showcase what is exclusive concerning the firm.
My recommendation is all the time the identical the primary few occasions we have a look at the presentation. Simplify and focus. I additionally share the next recommendation:
1. Cease jamming means an excessive amount of data into the presentation.
You’re probably making an attempt to ensure you have a slide to reply each query that each investor might ever ask. The result’s data overload; the actually highly effective soul of what makes you particular is being misplaced within the weeds of all the info.
Do not forget that the aim of a primary investor assembly is to lift sufficient curiosity to get to the second assembly. The best means to try this is to have much less data, however to be sure that the data you’ve gotten is really compelling. Shakespeare was proper, brevity is the soul of wit.
2. Make it clear what makes you distinctive.
I do know you probably have that slide that exhibits you versus your opponents, but it surely’s fairly imprecise. And, being “decrease value” than the competitors is not essentially factor for me as an investor– it tells me that you simply may need a troublesome time capturing worth in your house.
What’s the factor that makes you actually distinctive? Do not have a look at your deck while you ansewr this. Simply have a look at me and say out loud the one factor that makes you higher than everybody else on the market making an attempt to resolve an identical drawback.
3. Be sure that each facet of the presentation reinforces that uniqueness.
I need you to actually design every part of the presentation to bolster the one single factor that makes you distinctive. State that factor explicitly originally and on the finish as nicely. I do know it feels a bit low cost and redundant, however belief me that you do not wish to be refined in speaking what makes your organization distinctive and particular.
How does your product slide reinforce your uniqueness? How does your advertising slide do the identical factor? Your crew slide? So typically, every a part of the presentation is targeted on its one explicit area of interest, not on reinforcing the important thing message of the deck.
Now, return via another time.
Is there any declare that you simply make or piece of proof you utilize that your opponents might additionally fairly say? In that case, work out how you can change that messaging in order that it is solely relevant to you.
Simplify and focus. Simplify and focus. Rinse and repeat. Simplify so that there’s much less filler to dilute the core of the message you wish to get throughout. Focus in order that it’s lifeless apparent to the listener what makes you compelling, fascinating and distinctive.