Developing A Solid Elevator Pitch
The term “elevator pitch” is derived from the length of time it takes you to present your business concept in a short elevator ride. A few pitches could range between 30 and 120 seconds. However, the most popular length will be 90 seconds.
Some Key Points
If you’re trying to sell your idea to investors or business partners, important employees, or other significant people, you need to present the entire presentation from beginning to end as well as with enthusiasm. It is not a good idea to sound or look like an infomercial the late-night; however, your audience will not be excited about a new service or product when the person who is presenting the pitch isn’t enthusiastic about it. There are a few important things to note remember: 1.) Make sure you clearly identify your name as well as the business’s name.) Include a catchy tagline or an impressive statistic within the pitch;) Make sure to mention what you believe is your most valuable proposition(s) repeatedly 4.) Finish with clear instructions about how they can contact you for more information. Ideally, you can do this by giving them a business card.
The audience is left with a sense of what you do and the value you’re providing or the issue you’re solving within the marketplace. The tagline or the staggering number will keep them thinking about it, and perhaps they’ll make use of your business card to arrange an appointment with you to learn more regarding your business strategy.
Using Elevator Pitch Skills in Other Areas of Business
A lot of successful business professionals can tell you that mastering the art of giving an elevator pitch that is effective is essential for all. It’s essential for interviews to get a new job explaining the latest ideas to your supervisor or situations where you have to convey your message in a brief amount of time. In most cases, you never know when you’re likely to be put in the position of having to explain something to a prestigious client, boss, or even an investor. Even if you haven’t created a formal pitch for the situation, at least you’ve learned the ability to make a pitch. The more you practice, and the more you practice it, the more likely it will be an instinctual ability.
Practice, Practice, Practice!
The art of developing a solid elevator pitch takes a considerable amount of practice. Practice your elevator pitch in front of anyone who’s willing to listen. Do it in front of a mirror. One great way to practice is video technology. Create a short recording of your game, and then look it over. You must identify your weaknesses and then work to improve those areas of your pitch. Also, check if you have included all aspects of your pitch. For instance, you could have a dollar value for the investment that you are looking for, but you haven’t thought to mention how you’re planning to utilize the money.
It is also crucial to look out for any negative behaviors in your speech. You might not display enough enthusiasm; you are prone to twitching or using the word “um” every five seconds or making other mistakes you spot. Everybody has at least one area that they need to be working on and improving prior to making the actual pitch.
Don’t forget to consider your strengths. Find out which part(s) that you pitch you are most confident about and then use the elements to help strengthen the pitch overall. It is also essential to highlight the most powerful portion of your pitch to the audience.
