presentation suggestions: not all slides may be applicable to your business model. keep in mind...
TRANSCRIPT
Presentation suggestions:Presentation suggestions:
Not all slides may be applicable to your business model.
Keep in mind the time allotments for each section, don’t over/under emphasize key points of the business. Many entrepreneurs spend too much time explaining their technology, science or product and not enough time explaining how they will make money.
Keep slides simple and uncluttered, use as few words as possible—just bullet point the general idea you are addressing, leaving the in-depth explanation to the presenter.
The main goal of the presentation is to communicate your vision and strategy enough to capture the investors’ attention and interest. There will be a number of follow-up meetings and information requests, but only if the investors are first excited and motivated by you, the business and strategy.
Company Name/LogoCompany Name/Logo
Short Positioning StatementShort Positioning Statement
Your NameYour NameTitleTitle
Give the audience a short explanation of the company’s main objective and who you are. Only include a “positioning statement” if it is very short, 3-5 words.
<15 seconds>
“Business LogoTM”
BUSINESS OVERVIEW AND BUSINESS OVERVIEW AND STRATEGYSTRATEGY
• What do you do - what is your product/service/technology/science?
• What makes it different?• What problem(s) are you solving?• Give a road map of the business: we’re here now and are
going in this direction.
By end of slide your audience should know what you are selling and why people will buy it. Do not go into a lot of detail—this is a “bite-sized” overview.
Keep in mind that you are setting the stage for the rest of the presentation.
<30 seconds>
“Business LogoTM”
THE MARKET – OUR THE MARKET – OUR SOLUTIONSOLUTION
•Description of Current Market, Customer Needs• Problem to Be Solved, what is creating the demand for your solution
•Key Feature – Solution to Problem• How will the customer use your solution• What is the economic benefit your offering delivers?
Describe the customers’ needs for your product/service. What is the “problem” with the market as it is and how are you fixing that problem.
Be clear and concise, this is a critical part of your business proposition and must grab an investor’s attention.
Give just enough of an overview to build up to the next slide, which describes the Product/Service. This will give the investor-audience a general understanding of the market and why the product was created.
<90 seconds>
“Business LogoTM”
PRODUCT/SERVICEPRODUCT/SERVICE• Product/Service Description 1
• What is the product/service• Key Feature – Value Proposition• Science and technology behind the product/service• Defensibility: IP protection/Patents, Barriers to entry
• Product/Service Description 2 (if needed)• …
Describe your product/service; what is your customer buying?Focus on what attributes make your product/service better and different than
alternatives, even if there is not a direct comparable product/service.Defensibility may require its own slide.Many entrepreneurs focus too long on the product, especially if it is a technology or
based on scientific data. Keep the science and technology light and easy—most investors are not PhD’s and will lose interest if the presentation gets too technical.
<2 minutes>
“Business LogoTM”
MARKET OPPORTUNITYMARKET OPPORTUNITY• Target customer profile
• Describe the targeted customers
• Market size• Quantify the target market through sizing the servable market by applying the above profile to the
relevant market/segments• If the market will be growing/expanding, explain
Explain the size of the market that you are targeting.
Remember to build your credibility – how do you know the market?
Take care not to erode your credibility by overstating the market.
Use good sources of information and statistics, such as trade organizations and marketing studies.
Describe how your product/service fits into the market and what share of the market you will capture from launch through the first several years of business.
If necessary, segment the market. Segmenting the market means you identify the specific portion of the market that contains those buyers that meet your targeted customer profile.
If you have multiple market segments or targeted customers, repeat this slide as necessary.
<90 seconds>
“Business LogoTM”
SALES MODELSALES MODEL• Distribution Channels
• Channel 1 to market• Channel 2 to market (if needed)• …
• Sales cycle• What are the general steps in the sales process• How long does it take
Describe how these channels successfully get your product into the hands of your customers—if necessary, describe for each segment.
If possible/helpful, include an illustration
How long is the sales cycle for your product(s)—being able to describe the sales cycle emphasizes your understanding of making the sale.
<45 seconds>
“Business LogoTM”
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