One of the major problems that startups face with is the pitch. Lack of experience and sometimes, overenthusiasm, causes them to write simply terrible pitches. Of course there are startups that have produced brilliant pitches but there are not many that come under this category.
Practice makes perfect, of course, but there are many other ways to improve your pitch. Some are extremely fascinating.
Read about them here:
Explain to your Elders
Go home and pitch it to your mom or your grandmother. If she/they can understand the pitch, it is perfect! Once you pitch, get them to explain it to you so that you know where you should improve.
Record a video while pitching and then watch it. This is one of the best ways to understand your own mistakes and to correct them. When you watch your video you won’t just understand where you are going wrong with the pitch itself but you will also get an idea about your tone, your facial expressions, and how smoothly you are able to carry it out.
You can tune yourself according to your review.
Use Criticism to your Advantage
There are surely investors who are bound to reject your pitch. There may be investors who really don’t like what you are doing. You can use their criticism to your advantage. This is because they will definitely be harsh and challenging in their quest to reject you. Do your job, take in their questions, and improve yourself to have a better shot at the investors who are actually interested.
There is no room for vagueness in a pitch. You have to be clear and concise about the sum you will need. Many startup founders actually forget about this completely. You shouldn’t make the same mistake.
Ask Someone Else to do it
Pitch it to a stranger or an acquaintance and get him/her to pitch it to someone else. From the explanation, you will understand whether you were able to put across what you wanted to. If you see that the person is not explaining it right, you know that you need to improve your pitch.
There is no denying that pitching is crucial. Use these interesting methods to get it right before it is too late.
Pitching it right is very important because funding will depend on the pitch. Practice it on acquaintances and elders or make a video to assess how you are doing. Learn from your mistakes and improve accordingly before pitching to the investors.