Phrases To Remove From Your Pitch

Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing.

There are certain phrases used in startup pitches that kill the credibility of the presenter.

Here's a list of phrases to remove from your pitch:

"We have no competition."

If you have no competition, then you have no market.

This basically shows a lack of understanding of the current market landscape.

"We only need 1% of a billion-dollar market to make this successful."

This is basically a meaningless statement as it conveys no information.

This shows a lack of a strategy for entering the market.

"This is a conservative forecast."

No forecast is ever completely accurate, so it makes no sense to say it's conservative.

"Our customers love our product."

This doesn't give any solid information about product usage.

It's better to show the customers' actual engagement with the product to convince investors.

"We'll be profitable in the first year."

It's almost mathematically impossible to be profitable in the first year if you are investing for growth.

Consider replacing these phrases with more meaningful statements about the business.

Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.

Let's go startup something today.

_________________________________________________________

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Angel Investing Strategies

Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing.

Most angel investors focus on one of two strategies.

They can be called Moneyball and Powerball.

The Moneyball strategy invests the same amount of money in each deal.

Each sector gets one investment.

There are no follow-on rounds.

Funds are considered in addition to startups.

The powerball strategy invests a different amount on each deal based on the strength of the team.

Specific sectors are chosen based on market outlook.

Half the allocation is reserved for a follow-on round.

No funds are considered, only startups.

Moneyball spreads the money out to find a hit.

Powerball looks to find the winners and double down on those.

Both strategies can work.

Consider which of these strategies you are trying to play for your angel investing.

Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.

Let's go startup something today.

_________________________________________________________

For more episodes from Investor Connect, please visit the site at: http://investorconnect.org

Check out our other podcasts here: https://investorconnect.org/
For Investors check out: https://tencapital.group/investor-landing/
For Startups check out: https://tencapital.group/company-landing/
For eGuides check out: https://tencapital.group/education/
For upcoming Events, check out https://tencapital.group/events/

For Feedback please contact info@tencapital.group

Please follow, share, and leave a review.

Music courtesy of Bensound.

Say It Out Loud With Words

Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing.

The key to a successful pitch is to articulate all the values in the deal.

This doesn't mean explaining how the product works in great detail

This also doesn't mean spending half your allotted pitch time trying to convince the audience that diabetes is a problem.

It does mean, however, that every value that has come into the startup is noted in the pitch deck with at least a logo or a bullet point.

The rule of pitching is that if you don't mention it, then it doesn't exist.

Here's a list to consider adding to the pitch deck:

All funding sources to date, including angels, angel groups, grants, VC funds, and more.

All partners, team members, and others who have contributed to building the startup.

Any exits and positive outcomes for startups led by the team.

All customers who have bought the product or given feedback.

Include a logo for each one somewhere in the pitch deck.

Investors look for evidence that investors, customers, and partners are supporting you.

For each value, say it out loud with words.

Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.

Let's go startup something today.

_________________________________________________________

For more episodes from Investor Connect, please visit the site at: http://investorconnect.org

Check out our other podcasts here: https://investorconnect.org/
For Investors check out: https://tencapital.group/investor-landing/
For Startups check out: https://tencapital.group/company-landing/
For eGuides check out: https://tencapital.group/education/
For upcoming Events, check out https://tencapital.group/events/

For Feedback please contact info@tencapital.group

Please follow, share, and leave a review.

Music courtesy of Bensound.