Doing a two-minute investor pitch can be incredibly daunting. Here are tips to hone your pitch and get the next meeting.
Two minutes. You probably wait longer for your coffee at your local shop. Two minutes can seem like a very short time, unless you’re on in the hot seat, facing four investors and an entire audience, asking for funding. At that moment, time goes by like lightning. Last month at a local pitch contest, I saw two presenters lose precious time when they lost their train of thought in the middle of their two minute pitch.
The Usual Suspect
In “WE HAVE MET THE ENEMY… AND HE IS US” , Lessons from Twenty Years of the Kauffman Foundation’s Investments in Venture Capital Funds and The Triumph of Hope over experience no detail is spared in a direct, unflinching look at how a $2BN, entrepreneurial foundation under performed the S&P 500 through group think and the willingness to be lead.
A long read, and somewhat technical, but truly worth the time. It makes a lot of what we’re seeing make sense.
“The system we have now will eventually destroy innovation in Silicon Valley. Every patent is a micro law prohibiting innovation. We’ve gone from a model of companies competing with each other to create the best product to companies suing each other to prevent them from innovating.”
Peter Mehit of Custom Business Planning and Solutions was a participant at the 2011 OC Technology Influencer Mixer and Summit. Here he speaks about his experience as an entrepreneur, the qualities entrepreneurs possess and why he is dedicated to helping them find success.
Posted in News and Views, Op-ED
Tagged angel investors, banks, business, business plans, entrepreneur, friends and family, fund raising, funding, investment, investors, ipo, Loans, planning, sba, small business, start ups, venture capital, vision
“You’re starting to see a trend of investors having to work harder to convince founders that they should be able to invest in that company,” he explains. “There is very much early-stage capital available for startups–many are getting involved in angel investing, and lots of traditional VCs are too. Founders are now asking investors, What are you going to do? Why should I take your money over the other angels? On a day-to-day basis, why is having you in my company going to be a good thing? These are questions that people never asked before.”
# A-plus Leadership
# Large, Fast-growing, Under-served Market
# Reasonable Financings
# Sense of Urgency
# Missionaries not Mercenaries