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Pitching & Passion ClinicPete Cooper@pc0
The Start Society
THESTART
SOCIETY@startsoc #startoz
TodayTell ‘em what you’re gonna tell ‘em
Pitch Funnel
New Tech Landscape - Disruptor or Server
Shaping Your Startup - Personal vs. Process
Nourishing - Getting real
Ingredients - Meat and potatoes process
Tips, Recap, Wrap
Lots more resources
- Google ‘Pete Cooper Slideshare’- The Start Society search ‘ecosystem’- @pc0- @startsoc- Join StartSoc
Pitch Funnel
3 seconds - name and strap line e.g. elevator
30 seconds - ‘you know how’ pitch short form e.g. elevator, first meet, card
3 minutes - ‘you know how’ pitch long form
30 minutes - 30 seconds plus pitch slide pack (whiteboard backup) eg. board room
3 hours - 30 minutes plus extended Q& A e.g. investment
New Tech Landscape
IT
‘Dedicated Service Providers’
Digital Creative Agencies
‘IndependentService Providers’
Tech Startups
‘DisruptiveProduct Providers’
Tech
Shaping Your Startup
Idea/Market = Creative + Rational
Brand = Creative + Rational
Pitching = Creative + Rational
Choice: Design
Journey &Passion
Choice: Format/Process
Choice: Communications
Passion
If you don’t love it you might as well go and work in a grey cubicle on someone else’s dream.
If you don’t love it you can’t win.Build a team that is inspired.Get investors to buy in.Fans not clients.Media.
If you don’t love it -- Selling is harder- Long races are harder- Vision is evasive- Short term product vs long term
category changer
Passion
Means different things to different people.
There is no one answer.
But the signs are unmistakable.
Power: Does it energise you?
Enduring: Do you still care about it the next day, week, month, year, decade?
Heart: Do you feel emotion about it (positive or negative or mixed or complex all fine - just not neutral or detached).
Brand
What is branding?
Identity - you/company/product/intertwined
Name
Visual identity
Sound or sound or texture or style ‘palette’
Sensory experience, may vary by channel
Channel - web, mobilecall centre in/out, print, email...
The Five Points
Know yourself (inputs/reputation/aspirations)
Brand categorisation (types)
Typical approaches (process/ranking/resources)
Test (good/bad/contextually)
Repeat until happy. Endlessly.
Know: Be self aware. We all have a brand already.
Know yourself.
First impressions count?
But what percentage of the world/country/city/room actually know you?
What are you all about?
Know: What you stand for, and what others think.
For example ...
Design, Trust, Value For Money, Values, Sophisticated, Simple,
Minimalist … your turn.
Know: Your space, segment, tribe ...
For example ...
Financial planning; Dog toys; Cyber security for Satellites
Handcrafted originals
Trusted advice for tech startups
… your turn.
Categorisation: Typical Types
Evocative (e.g virgin/apple - progressive but not conservative)
Invented (e.g. google - unique/memorable but slow uptake)
Experiential (e.g safari/explorer - sensing but becomes common)
Functional (e.g. online-vet.com - self explanatory but not distinctive)
Typical Approach: Process Steps
Conceptual Brainstorm / Ideation - no bad ideas
Differentiation/Positioning - by horizons (short, medium, long term) and by scenario (funded, unfunded etc)
Analyse Competitors
Name Generation & Scoring - at least 10 to 20, ideally 100+
Check availability
Typical Approach: Name Scoring Matrix Ranking
Unique/Short/Distinctive
Energy/Reach/Depth/Power
Humanity/Natural/PlainLanguage
Sound/PubTest/
Trademark
Nourishing
Nourishment
The Real Why -
● Personal Motivation; ● USP/WIIFM
The Real How -
● Clarity (Expert Laser Focus); ● Passion (Eyes wide energy); ● Persistence (Force of nature); ● Perception (Trust)
The Real What -
● Have you done the work? ● Tangible vs. Intangible; Show it!● Up/Down Brands; ● Momentum
Ingredients
Pitch Ingredients
Why
Who
What
Where
When
How
Why Pitch?
Investment
Talent
Awareness
Partners
Customers
Retention
Product
Business
Investment
Education
Opportunity
Trust - Momentum - Story
Who to Pitch?
Investors + Mentors + Advisors
Co Founders
Employees
Prospective Team/Customers/Partners
Partners (e.g distributors, financiers)
Customers
Retention
Product
Business
Investment
Education
Opportunity
Trust - Momentum - Story
What
You know how
<problem>
What we do is
<solution>
In fact
<differentiator; memorable; usp>
Where to Pitch?
Elevator
Board Room
Peers
Demo Day
Public
Anytime
Retention
Product
Business
Investment
Education
Opportunity
Trust - Momentum - Story
When to Pitch?
30 Seconds
3 Minutes
30 Minutes
3 Hours
Product
Business
Investment
Education/Awareness
Opportunity
Trust - Momentum - Story
HowTell em.
Clear voice.
Passion.
Focus (market, product, product, process, team/culture).
Momentum.
Story (on brand).
Trust.
Tell em.
100%Of statistics are numbers
PicturesHelp retention and positioning
“Well chosen quotes are useful”
- From an expert
This is the most important takeaway that everyone has to remember.
TodayTell ‘em what you told ‘em
Pitch Funnel
New Tech Landscape - Disruptor or Server
Shaping Your Startup - Personal vs. Process
Nourishing - Getting real
Ingredients - Meat and potatoes process
Tips, Recap, Wrap
Lots more resources
- Google ‘Pete Cooper Slideshare’- The Start Society search ‘ecosystem’- @pc0- @startsoc- Facebook- Join StartSoc- Client work in business technology
strategy and Tech M&A: Cooper & Co.
Thanks!Contact us:
Pete Cooper@pc0
The Start SocietyFounders helping founders@startsochttp://thestartsociety.com
Cooper & CoBusiness Technology Strategy@cooperdotcohttp://cooper.co