23.-How to pitch
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What is the purpose of presenting?
Connect & convince -Human to human connection.
How do I convince?
- You can use logos: logical thinking, appealing to logic, facts, evidence to convince people.
- Pathos: Emotional appeal, getting to the heart of your emotions in order to convince you.
- Ethos: Giving evidence of my credibility in order to convince you.
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Ingredients for a pitch
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The pitch is basically a speech or an act that attempts to persuade someone to buy or do something. In this case, we are going to use it to convince people to support our idea.
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1.-Start with the problem:
That's exactly how we started the process of innovation, so we are going to do that here too.
What need are you solving?
Why is it important? Why should they care about this?
Personal Story related to the problem -yours or someone else's that the audience can relieve with you.
Impactful Declaration -data, profound/big & relevant for the audience. For example: "Every minute n people ...."
Powerful Question -exploratory/reflective, puts the audience in introspective mode. For example: "How you ever thought about how much water you use in one day?" or "Have you thought about what kind of future your kids are going to have?".
NOTE: We usually kick off a pith with one of these three, don't do all of them. Choose the one that reflect you the best and is going to get your point across so the audience is aware of the problem.
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2.- Continue with the solution:
You're going to say something like "And that's why I created...", make the transition from convincing people there is a problem to tell them about the solution.
Focus on the value proposition: What is it that your solution is promising to do? How is it going to solve the problem?
Explain what makes your solution unique: Now that you know your competition, you know how you compare. What's special about your solution?
Show that your solution is innovative and based on the user: Show them that you figured out how to create and capture value. You can show your results here, quotes from potential customers, prototypes, etc. Things that show that you are really creating and capturing value. You might show your business canvas.
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3.- Introduce yourself: Many times people "buy" or support not the idea but the team behind it. Make people believe in you.
What you can say about yourself/the team that sells the idea even more.
This part can go here or at some other point in the pitch. Some people like to start their pitch by introducing themselves, some put it in the middle, and some people put it at the end.
This is where ethos go: establish credibility, show evidence of your authority on the subject (technical expertise, relevant education, personal experience, investigation you have done).
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4.-Call to action: Any good pitch has to finish up with "What do you need from us?"
"I need x from you" is one of the last sentences that you are going to put a solid pitch.
Explain where you are at today, what the next step is, and what you need help with to move forward with the idea.
Think broadly about what you need you might need: investment, alliance, provider, advice, etc.