#HowToPitch Part 1: The 10 Questions every Pitch should answer

#HowToPitch Part 1: The 10 Questions every Pitch should answer

When it comes to pitching your business ideas or projects, it's crucial to cover all the essential questions that potential investors or partners may have. To create a compelling pitch, you need to address these 10 key questions:

1. Who cares?

The first question you should address in your pitch is who your target audience is and why they should care about your product or service. Clearly define your target market and explain how your solution addresses their pain points or needs. Understanding your market and the needs of your potential customers is essential for a successful pitch.

Here’s a famous example pitch by Airbnb for inspiration: https://www.slideshare.net/PitchDeckCoach/airbnb-first-pitch-deck-editable ?

2. What do you do?

Clearly and concisely explain what your business does and what problem it solves. This is your opportunity to showcase your unique value proposition and differentiate yourself from competitors.

Avoid using technical jargon and instead focus on explaining your solution in simple terms.?

3. Why will you win?

Highlight what sets your business apart and why you believe you will succeed in the market. This could include your team's expertise, innovative technology, or a strong competitive advantage.

4. How will you stay ahead?

Address your strategy for staying ahead of the competition and adapting to market changes. This could involve discussing your plans for innovation, scalability, or partnerships. Discuss your strategy for growth and staying relevant in a rapidly changing market.?

5. Does it work?

Provide evidence of your product or service's effectiveness, such as customer testimonials, case studies, or data metrics. Showing tangible results will help build credibility and trust with potential investors.?

6. How will you make money?

Outline your revenue model and explain how you plan to generate income. This could include pricing strategies, subscription models, or partnerships with other businesses.

7. How much will you make?

Provide financial projections and estimates on how much revenue you expect to generate in the future. Be realistic and conservative in your projections, and explain the assumptions behind your numbers. Investors will want to see a clear understanding of your business's financial potential and how you plan to achieve profitability.

8. Why you?

Share your personal story, background, and expertise that make you the right person to lead this business. Investors want to know why they should trust you with their money and believe in your vision.?

9. What will you do?

Outline your roadmap and strategy for achieving your goals and milestones. Discuss your plans for product development, marketing, sales, and any other key initiatives.?

10. How much will it cost?

Finally, provide a breakdown of your funding needs and how you plan to allocate resources like, budgeting for marketing, operations, technology, and other key expenses. Make sure to be transparent and upfront about pricing to avoid any surprises for potential customers.

By addressing these 10 questions in your pitch, you can create a comprehensive and compelling narrative that will capture the attention of potential investors and partners.

For inspiration: https://ycombinator.com/library/8d-how-to-build-a-great-series-a-pitch-and-deck…

https://ycombinator.com/library/2u-how-to-build-your-seed-round-pitch-deck…

Also, research some of the best pitches on platforms like Shark Tank or Demo Day events or any you come across. #Pitching #Investors #BusinessIdeas

Aaron Muhumuza

Procurement professional | Expert in Vendor Management & Contract Negotiation | Maximizing ROI | Medical supplies expert | Legal

6 个月

Thanks for sharing Dr. Nataliey Bitature

Mwikalago Alex

Head of Operations and business development at Detail multiservices and contractors.

6 个月

Very insightful.Thank you Dr. Nataliey Bitature

Nakuni Mukutari

Field Officer at preserver international yumbe field office.

6 个月

So amazing good work done ??

simon bolton

Co-Founder | Entrepreneurship, Event Planning, Decoration

6 个月

Useful tips

Okello Alex

Founder TEU, A licensed ILO-SIYB Trainers, Finance and BDS consultant, Trainer and motivational speaker on business startup and management. Passionate about youth growth improved livelihoods

6 个月

Great work. However, I have also noticed that it's good to start with No.8, your story that connect to why you are doing what you are doing, there is a way it hooks whoever you are pitching to..

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