the art of the pitch
TRANSCRIPT
“The Art of the Pitch” Copyright © 2016 Saren Sakurai
The Art of the Pitch
OCiOS Meetup - April Showcase April 26, 2016
“The Art of the Pitch” Copyright © 2016 Saren Sakurai
30 Seconds 3 Minutes
20 Minutes
Pitching�comes�in�three�sizes
“The Art of the Pitch” Copyright © 2016 Saren Sakurai
30 SECONDSThe�elevator�doors�open,�and�you’ve�got
“The Art of the Pitch” Copyright © 2016 Saren Sakurai
First ImpressionYou’ve�got�once�chance�(and�7�seconds)�to�make�a�good
“The Art of the Pitch” Copyright © 2016 Saren Sakurai
Message Map
So,�you’d�better�have�a�memorized
“The Art of the Pitch” Copyright © 2016 Saren Sakurai
Source: Carmine Gallo, How to Pitch Anything in 15 Seconds
A Twitter-friendly Headline
Cool thing 1 A Twitter-friendly HeadlineCool thing 2 Cool thing 3
• Supporting Data • Supporting Data • Supporting Data
• Supporting Data • Supporting Data • Supporting Data
• Supporting Data • Supporting Data • Supporting Data
Get�straight�to�the�point.�Have�only�one�point.
Only�pick�three�crucial�attributes—it’s�a�magic�number.
Give�examples,�testimonials,�or�real�statistics.
“The Art of the Pitch” Copyright © 2016 Saren Sakurai
Here’s an example…
“The Art of the Pitch” Copyright © 2016 Saren Sakurai
LUSH makes handmade soaps and cosmetics.
Source: Carmine Gallo, How to Pitch Anything in 15 Seconds
“The Art of the Pitch” Copyright © 2016 Saren Sakurai
LUSH makes handmade soaps and cosmetics.
FRESH ENVIRONMENTALLY FRIENDLY
ETHICAL CAMPAIGNS
Source: Carmine Gallo, How to Pitch Anything in 15 Seconds
“The Art of the Pitch” Copyright © 2016 Saren Sakurai
LUSH makes handmade soaps and cosmetics.
FRESH ENVIRONMENTALLY FRIENDLY
ETHICAL CAMPAIGNS
Organic. Manufactured Daily.
Shipped the Next Day.
Unpackaged. Ingredients not tested on
animals.
Naked. Fur Trim is a Trap.
Erase Bullying.
Source: Carmine Gallo, How to Pitch Anything in 15 Seconds
“The Art of the Pitch” Copyright © 2016 Saren Sakurai
Steve Job’s Commencement Speech 2005
Connect the Dots Love and Loss Death
Reed College Calligraphy Macintosh
Apple Garage Fired
Return
Cancer Diagnosis Time is Limited
Stay Hungry, Foolish
Do What You Love.
Another example…
“The Art of the Pitch” Copyright © 2016 Saren Sakurai
MARKET SIZE MONETIZATION CURRENT STATE
Identify the problem or enemy. Describe the solution.
If�you’re�talking�to�investors,�focus�on�the�sustainability�of�your�business.
Now�you’ve�peaked�their�interest…
“The Art of the Pitch” Copyright © 2016 Saren Sakurai
3 MINUTES
“The Art of the Pitch” Copyright © 2016 Saren Sakurai
Add a “Story”
“The Art of the Pitch” Copyright © 2016 Saren Sakurai
TL;DR?�His�TED�talk�rocks.
“The Art of the Pitch” Copyright © 2016 Saren Sakurai
“People don’t buy what you do. They buy what you believe.”
Simon Sinek, How Great Leaders Inspire Action (TEDxPuget Sound)
“The Art of the Pitch” Copyright © 2016 Saren Sakurai
WHY?
Sinek’s Golden Circle
Simon Sinek, How Great Leaders Inspire Action (TEDxPuget Sound)
What you do.
How you do it.
THE HOOK
What�and�How�are�boring.�Why�is�a�story.��
Humans�love�stories.
“The Art of the Pitch” Copyright © 2016 Saren Sakurai
Reptilian Brain
The Brain
Simon Sinek, How Great Leaders Inspire Action (TEDxPuget Sound)
Neomammalian (Neo-Cortex)
Paleomammalian (Limbic)
Rational Thought and Language
Feelings: Trust and Loyalty
Our Fight or Flight Instinct lives here.
Deep�down�inside�we�know�when�“things�
feel�right.”�It’s�what�our�“gut”�
tells�us.�AKA
We�know�a�great�first�impression�when�we�see�one.
“The Art of the Pitch” Copyright © 2016 Saren Sakurai
We make great computers. They are beautifully designed.
Simple to use. And user friendly.
Simon Sinek, How Great Leaders Inspire Action (TEDxPuget Sound)
Here’s�an�example�of�a�“What�We�do”�statement.
Boring!
“The Art of the Pitch” Copyright © 2016 Saren Sakurai
Think Different
Sinek’s Golden Circles
Simon Sinek, How Great Leaders Inspire Action (TEDxPuget Sound)
Here’s to the crazy ones. The misfits. The rebels. The trouble-makers. The round pegs in the square hole. The ones who see things differently. They are not fond of rules, and they have no respect for the start
Here’s�a�WHY
“The Art of the Pitch” Copyright © 2016 Saren Sakurai
Simon Sinek, How Great Leaders Inspire Action (TEDxPuget Sound)
Apple’s�Why�is�to�disrupt�the�status�quo.�Like�these�folks.�
Notice�any�what’s�or�how’s�here?
“The Art of the Pitch” Copyright © 2016 Saren Sakurai
In everything we do, we believe in challenging the status quo.
GREAT COMPUTERS BEAUTIFUL DESIGN USER-FRIENDLY
Simon Sinek, How Great Leaders Inspire Action (TEDxPuget Sound)
Here’s�a�message�map�with�a�Why�at�the�top.
Now,�let’s�go�bigger…
“The Art of the Pitch” Copyright © 2016 Saren Sakurai
20 MINUTES
The�meeting�is�an�hour.�But�honestly,�you’ll�only�get…
“The Art of the Pitch” Copyright © 2016 Saren Sakurai
10 Slides 20 Minutes 30 PT Font
The 10/20/30 Rule
Source: Guy Kawasaki, The 10/20/30 Rule of PowerPoint
“The Art of the Pitch” Copyright © 2016 Saren Sakurai
Logo, Business Name, Tag Line and Contact Info One color, one font, one shape.
Assume this cover will be on the screen as you are doing introductions.
Page 0: The Cover
Real�CEO’s�don’t�design�their�own�logo.
“The Art of the Pitch” Copyright © 2016 Saren Sakurai
Express this with real world easily relatable examples. Make it OBVIOUS and ideally something easily relatable.
Address a user NEED not their WANT.
Page 1: The Problem
Source: Guy Kawasaki, The 10/20/30 Rule of PowerPoint
Enemies�work�too,�if�we�all�have�the�same�one,�like�climate�change�or�cancer.
“The Art of the Pitch” Copyright © 2016 Saren Sakurai
Show your product—screenshot or demo.
Page 2: The Solution
Prototypes�are�great�here�too.
“The Art of the Pitch” Copyright © 2016 Saren Sakurai
Show a graph of your market size. Try and make it impressive but don’t go overboard.
Cite an industry research group like Forrester or eMarketer.
Page 3: The Market
Source: Guy Kawasaki, The 10/20/30 Rule of PowerPoint
Don’t�try�and�boil�the�ocean.��There�is�nothing�wrong�with�being�a�big�fish�in�a�small�pond.
“The Art of the Pitch” Copyright © 2016 Saren Sakurai
List all your top competition. Describe how you are unique.
What is your niche (positioning)? Who are you disrupting?
Page 4: The Competition
It’s�good�to�have�some�rivals.
“The Art of the Pitch” Copyright © 2016 Saren Sakurai
Show how you intend to make money. Top Revenue Sources (1-3)
Show how/when you intend to break even.
Page 5: The Business Model
Source: Guy Kawasaki, The 10/20/30 Rule of PowerPoint
“The Art of the Pitch” Copyright © 2016 Saren Sakurai
What technology is behind the scenes? How are you going to manufacture the product?
Page 6: The Tech
“The Art of the Pitch” Copyright © 2016 Saren Sakurai
What’s the brand? What are your primary channels What’s you Cost of Acquisition?
Page 7: The Marketing
Source: Guy Kawasaki, The 10/20/30 Rule of PowerPoint
“The Art of the Pitch” Copyright © 2016 Saren Sakurai
Who is on the team? What is their experience?
Page 8: The Team
“The Art of the Pitch” Copyright © 2016 Saren Sakurai
When can you launch? How will you get there?
What is growth after launch?
Page 9: The Projections
Source: Guy Kawasaki, The 10/20/30 Rule of PowerPoint
“The Art of the Pitch” Copyright © 2016 Saren Sakurai
Where are you now? What are you doing next?
Page 10: The Status
“The Art of the Pitch” Copyright © 2016 Saren Sakurai
Call to Action
Last Page: Next Steps
Source: Guy Kawasaki, The 10/20/30 Rule of PowerPoint
If�they�turn�you�down,�ask�for�a�referral.
“The Art of the Pitch” Copyright © 2016 Saren Sakurai
Table of Contents:
Cover Page 1. The Problem 2. The Solution 3. The Market
4. The Competition 5. The Business Model
6. The Tech 7. The Marketing
8. The Team 9. The Projections 10. Current Status
Next Steps
“The Art of the Pitch” Copyright © 2016 Saren Sakurai
Examples
Source: PitchEnvy.com
These�guys�used�the�formula.
“The Art of the Pitch” Copyright © 2016 Saren Sakurai
Appendix
“The Art of the Pitch” Copyright © 2016 Saren Sakurai
Written • A one sentence (or sentence fragment) tag line • A professional business card • A one or two paragraph email introduction to the business • A ‘one-pager’ overview • A 2-3 page executive summary • A slide deck specifically designed to be handed out • A thoughtful, comprehensive business plan: either (a) a traditional
10-20 page written plan, or (b) a carefully prepared and annotated ‘business model canvas’
• A finished (or prototype) marketing brochure Live • A one sentence description • A 30 second elevator pitch • A 5 minute ‘quick pitch’ • A 15-20 minute angel/VC PowerPoint/Keynote pitch • A sub-15 minute foolproof product/site demonstration Online • A functional public web site • A short video pitch • A dedicated, controlled access, investor-relations web site
The Pitch Pack
“The Art of the Pitch” Copyright © 2016 Saren Sakurai
Guy Kawasaki The 10/20/30 Rule of
Powerpoint
They�are�rules�for�a�reason.��No�cheating
“The Art of the Pitch” Copyright © 2016 Saren Sakurai
Nancy Duarte: The Secret Structure of
Great Talks (TED)
You�must�watch�this�video.
“The Art of the Pitch” Copyright © 2016 Saren Sakurai
“The Art of the Pitch” Copyright © 2016 Saren Sakurai
Steve Jobs iPhone Launch Event
The�best�product�launch�ever.
“The Art of the Pitch” Copyright © 2016 Saren Sakurai
Elon Musk Tesla Powerwall Debut
You�must�watch�this�video.
“The Art of the Pitch” Copyright © 2016 Saren Sakurai
Thank You.