Tips for pitching your business idea

A business pitch can make or break a startup. Delivering a successful pitch can grab the attention of potential investors, attract customers, and even win funding in a Pitch Dingman Competition! How can you tell if your pitch will be successful? Check out these tips from a few of our Dingman Center all-stars to get advice on pitching your new business idea.

.

Rudy Lamone, Dingman Center Founder

“Your opening statement must grab the attention of your listener or in most cases you have failed; so try again.”

.

Asher Epstein, Dingman Center Managing Director

“Focus first on what problem you are solving. Is this a vitamin or aspirin problem (must have vs. nice to have)? Second, concentrate on who specifically has this problem. The target market needs to be tight and focused. Finally, what is your solution and why is it better, faster or cheaper than current options?”

.

Elana Fine, Dingman Center Director of Venture Investments

“Know your customer. Pitching a business isn’t just about the product or technology you are creating, but about who you will sell it to, why they will buy it and how often/how much. Before you start a business, make sure you spend time talking to potential customers to confirm that you have identified a real market needs that people are willing to pay for versus other existing options.”

.

Alla Corey, Dingman Center Program Manager

“Show passion and commitment to your idea. Investors must believe that not only you possess skills necessary to carry out your plan, but are also dedicated and will not give up when challenges arise. “

.

Harry Geller, Dingman Center Entrepreneur-in-Residence

“Be brief. You should be able to clearly state your idea in two or three sentences. Practice this with some friends and see if they can comprehend the idea, if so then you are ready. Pitch Dingman sessions are limited to 10-15 minutes so you want to get the idea understood quickly so you have time to receive valuable feedback.”

.

Do you have a business idea still in the “back-of-the-napkin” stage? Come to a Pitch Dingman informal session held every Friday 11am-1pm in the Dingman Center for valuable feedback from one of our Entrepreneurs-in-Residence. Our team of veteran entrepreneurs are here to share their advice and expertise.

For more information, visit the Pitch Dingman Homepage

7″My best tip that I al
grsgfgfs7
Tagged , , , , , , ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: