Professional Documents
Culture Documents
Elevator Pitch:
• The problem
(need) you are
going to solve
(satisfy)
• Your solution,
your answer
• Your value
proposition 20 Minute Business Plan Presentation
W. Runge 04/2008 3
Elevator Pitch Situations
• All conceivable constellations to initiate
linking investors (backers; “sponsors”,
decision makers) and entrepreneurs
(intrapreneurs)
• (A startup) searching for financial
backing or cooperation partners
• Meeting someone (accidentally or
intentionally) at …
– Competence Network Partnering-Events
– In firms: Meeting a “big boy” in the canteen,
plane, in the lobby of an airport, …
W. Runge 04/2008 4
You only have one chance to
make a first impression!
W. Runge 04/2008 5
Approach
• Give people a “hook” by talking about
something that really interests them
• It must be succinct, to the point
• Focus on one simple message
• Make it simple and easy for people to
contact you after the pitch –
give them an incentive to seek you out
• For investors: It must be greed inducing
(inducing expectations of big profits)
W. Runge 04/2008 6
Presenting: The Rule of Three
• The “Hook"
Get attention and
interest
• The Subject
Explains and proves
your point with passion
(investors expect energy
and dedication from entrepreneurs)
• Should induce desire (“greed inducing”)
• Use the Concept Summary as a
framework
• The Close
Call to action or demand for reaction AIDA!
W. Runge 04/2008 7
An Elevator Pitch Template
• WHAT you do
• WHOM you serve
• HOW you deliver
• BENEFIT(S) for clients
W. Runge 04/2008 10
Call to Action