3 Tips You Should Know When Writing A Pitch

3 Tips You Should Know When Writing A Pitch

Tips for writing a pitch.

You have an idea and you want to convince another person about it. Ideally the other person becomes excited and does what you ask him to do.

You did your research and you know which structure you will use for your pitch; now it’s time to write the pitch. Here are some tactics you should use for writing your pitch.

 

1. Talk to a friend

When you are writing your pitch, keep in mind that you are talking to a good friend of yours. Imagine an old friend who you haven’t seen in a long time, and you are telling him about your idea or your business.

By keeping your friend in mind while writing your pitch your language will come across more natural. This way your listener has an easy time understanding what you are saying and he will be more likely to keep on listening.

 

2. Storytelling: Connect with your listener

During your pitch it’s important to connect with your listener like you would with a friend. As mentioned you are writing your pitch like you are talking to a friend.

To enhance the connection with your listener even more, you can use storytelling to your advantage.

By telling a little story about yourself and an experience related to your pitch, you give the listener the feeling he knows you.

Also he will feel more sympathy towards you since you put yourself in a vulnerable position.

 

3. Refer to your research

Throughout your pitch you should refer to your research a couple of times.

By referring to your research you demonstrate authority and you give the listener the feeling you know what you are talking about.

Not only will the listener take you more seriously, he will also remember it better compared to mentioning assumptions.


Conclusion

Since you already know the building blocks of your pitch, you should have a structure of your pitch. Make sure to use these three tactics throughout your writing process to increase the impact of your pitch.

 

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13 Power Words You Should Use In Your Investor Pitch

13 Power Words You Should Use In Your Investor Pitch

Using power words in your pitch.

Power words help to give your pitch a little bit of extra positivity.

Creating a positive environment doesn’t only make your listener smile more, it will also have a positive effect on you.

And because you will be more positive thanks to these words, you will be smiling more, which will result into even more positivity from your listener.

This works double!

Here is a list of 13 power words you should include in your pitch. They are divided per building block for your pitch.

The ‘problem’ building block was excluded from this list, as you don’t want your listener to become attached to the problem, but to the solution.

Make sure to not overdo it, just pick a few of them. Use these power words in your pitch and you’ll receive a standing ovation for sure!  

 

Opening

1) Imagine

Imagine: You are in a room filled with 5000 people and you have to do a pitch in 2 minutes from now.

2) Nice   

It’s really nice you are here with me today.

3) Excited

I am really excited to share an amazing opportunity with you today.

4) Believe

I believe in a future where everybody knows how to pitch.

 

Solution

5) Found

We found a way to tackle this problem.

6) Discover

We discovered a solution to this problem.

Business model

7) Clearly

These numbers clearly show a big opportunity for this company.

8) Positive 

Thanks to the size of the market we are positive about our future.

9) Great

The numbers show a great potential for you, as an investor.

 

Team

10) Good

Our team has a good chemistry going on.

11) Lot

In the short time we worked on this company we already achieved a lot: we build a prototype and got our first paying customers.

 

Call to action

12) Journey

Become part of this journey from a start up to an established multinational.

13) Build

We are building a successful company, become part of this and invest in it today.

 

Conclusion

Use these power words in your pitch to give your pitch some extra power. Don’t use all of them, just pick a few which you like and blend them into your pitch. Good luck!

 

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This Is How You Build A Structured Pitch In 6 Steps

This Is How You Build A Structured Pitch In 6 Steps

 

How to build a structured pitch?

A good pitch has a clear structure.

A good structure helps you to keep the listener on the edge of his seat right from the beginning, straight to the end.

You open the pitch with a shocking opening, followed by the problem and the solution.

Then it’s time explain how you generate revenue with the business model, why your team is able to do this and lastly you ask the listener to do something in your call to action.

I

There are 3 ways to start your pitch:

  1. A personal story
  2. A question
  3. A Bold statement

These methods are explained in detail in this article.

 

 

II Problem

 

After you opened your pitch, it’s time to present the problem to your listener. During this part your only goal is to make the listener feel the problem.

 

You should describe it in such a way that your listener experiences the pain of the problem.

 

A good problem explanation usually is done in one or two sentences. After you explained the problem, you mention the type of people who experience this problem on a regular basis. An example:

 

‘A bad pitch can have an enormous on our lives. The difference between a good pitch and a bad pitch could be a successful company or a bankruptcy. Many entrepreneurs, consultants and even CEO’s face the consequences of bad pitches every day’.

 

 

 

III Solution

 

During the solution part you explain your solution to the problem you described earlier. This is the moment where it’s your job to make listener excited.

You should describe the solution in such a way that the listener sees the opportunity and starts believing in your idea.

 

A good solution explanation should be described in one sentence if possible. You want to make it as easy as possible for your listener to spread the word about your solution to others.

 

After you mentioned how you will solve the problem with your solution, you explain the extra benefits of your solution in a few sentences. An example:

 

‘To help entrepreneurs pitch their way into an investment I’ve developed a comprehensive video course on pitching. Not only do these videos explain how to pitch, they also help to create an investor pitch deck and negotiate the investment terms.’

 

IV Business model

 

During the Business model part of your pitch you explain how you are planning to generate revenue. In this part it’s your job to convince the listener of the financial opportunities of your idea.

 

The listener must get the feeling that there is a possibility of a serious financial advantages if he becomes part of your idea.

 

During this part you mention the following numbers:

 

  • Retail price of your product/service
  • Potential customers in your area
  • Potential revenue (retail price * potential customers)

A few things to keep in mind:

 

  • When doing your calculations, make sure you don’t estimate too high. It must be realistic
  • When you mention your numbers, make sure to have them appear on your PowerPoint/Keynote presentation. Remembering multiple numbers usually is quite difficult if you don’t see them visually. Make sure to not overkill your listener with lots of numbers, just the key numbers will do.

An example:

 

‘The price of the pitching course is $399 dollars. With over 55.000 entrepreneurs in this country our market value equals $21.945.000’. Our research shows that over 60% of these entrepreneurs are highly interested in a pitching course.

 

 

V Team

 

So you made the listener excited about your idea and the possibilities. Now it’s time to show him why you are the right person to execute it.

 

If you are in team, this is the moment to mention the achievements you and your team achieved in the past.

 

The classic mistake many pitchers make is that they start of their pitch by calling out the names of their team members.

Although it’s a nice gesture to give credits to your team members, mentioning names is not very appealing to your listener.

 

Avoid mentioning a list of names, but rather focus on mentioning a list of achievements you and your team members completed. This way you show to your listener that there is a capable team behind the idea.

In this part you can also talk about your motivation to make this idea a success, preferably backed up by intrinsically reasons.

 

A few things to keep in mind:

 

  • Experience or achievements in the same industry are valuable. Focus on those.
  • Mentioning names of big companies where your team members worked in the past works good as well.

 

An example:

 

‘I have pitched over 300 times in the past two years. My colleague entrepreneurs who helped developing this course have experience in pitching and course development. Maarten, our writer was a professor at a big university for over 15 years. Our team is full of experience.’

 

 

VI Call to action

 

The call to action is the second most important part of your pitch (right after your opening).

During this part you tell your listener what you want him to do. Do you want him to invest? To partner up? To make a deal?

 

Be clear about your call to action and focus on only one. Research shows that mentioning multiple call to actions reduces the success of your call to action.

During your call to action it’s important to be as precise as possible about what you want from your listener.

Don’t be scared to ask what you want, what’s the worst that can happen? A few examples:

 

‘Become part of the club and download the Restoranto app’

 

‘Benefit from our generous first investment round and invest $150.000 for 15% of our shares’

 

 

 

Conclusion

 

For some situations you will have to delete or adjust one of the building blocks. If you are pitching for a charity organization who is looking for donations, you might want to replace the business model with an overview of how you distribute the donation.

 

Every great pitch has a clear structure. Usually you start with your opening, followed by the problem, the solution, the business model, your team and a call to action.

 

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This Is What You Should Know About Your Voice In A Pitch

This Is What You Should Know About Your Voice In A Pitch

You can have the best writing skills, the best body language and the best pitch slides, and your pitch can still be bad. The way you speak during your pitch is almost as important as the rest of the pitch.

Think about it.

Why was former president Barack Obama considered to be one of the best speakers in the world?

It’s because he knows how to use his tone of voice during his speeches. He knows when to speak loud, when to speak softly, when to speak fast or when to speak slow. But probably the most important quality of a good speaker is knowing when to use silence, which you will read in a bit.

Speak loud when it’s important

When you are at an important part of your pitch, don’t be shy to increase the volume. This way your listener understands that this part is important, which will increase your impact.

Speak slow when it’s important

Just like speaking emphasizes importance, speaking slower does the same. When you reduce the amount of spoken words per second, your listener will have more time to process what you are saying.

By giving your listener more time to process your words, you are more likely to create an impact with your words.

Use silence to let it sink

You just had an important sentence, which you spoke louder and softer. After this sentence it’s your job to maximize the impact of that sentence on your listener. The best way to do this, is by giving your listener two seconds to think about it.

The length of your silence should be determined by the complexity of your ‘important’ sentence. The more complex, the more time you should give. Since your pitch shouldn’t include to many complex sentences, your silence should be somewhere around 2 seconds. Practice the length of your silence in front of a group of friends and ask them their opinion.

You can read more about silence in a pitch in: Why 2 Seconds Of Silence Makes Your Pitch More Successful 

Make them think you are confident and relaxed

Many pitchers mess up their pitch because of the nerves. The problem is, being nervous isn’t the problem.

Everybody is nervous, even the best pitchers in the world.

The point is, you shouldn’t show your nerves. By breathing in and out slowly a couple of times before you enter the stage you lower your heart rate. By doing this you become more relaxed and you will look more confident.

Make a legend for yourself

When you are done writing your pitch, you should include all of these methods visually on your paper. Let me explain this:

Open the file of your pitch text and give your text the following layouts:

Normal sentences This is a regular sentence with no special layout.
Important sentences This is an important sentence which I made bold. I will speak slower and louder.
A break after your important sentence I will end this important sentence with a silence.  * SILENCE *

By adding this structure to your text you have an easy time practicing, since you will know where to put the focus.

 

Conclusion

The way you speak, pronounce and add silence to your pitch can have a huge impact on the quality of your pitch.

Not only does this help your listener to process everything you have to say, it also ads credibility to you as a pitcher since you will come across more confident and relaxed. Use these tips actively when you are practicing and they will becomre natural during the actual pitch.

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6 Influencing Techniques You Should Use In Your Pitch

6 Influencing Techniques You Should Use In Your Pitch

The goal of your pitch is to convince your listener to perform a certain action.

Influencing with a pitch is a great skill to have.

 

There are multiple ways to convince somebody to perform a certain action. Your story, body language and your energy are the fundamentals of your pitch and all have a big impact on the success of your pitch.

 

Next to these pitching fundamentals there are numerous psychological tricks you can use to increase your success.

 

Influencing principles

 

Dr. Robert Cialdini did years of research on the ‘art’ of influence. He came up with 6 principles which you can use to influence others. Use (some of) these principles in your pitch to increase the impact of your pitch.

 

  1. Reciprocity in your pitch

 

 

If I give you a nice present, you are most likely gratefull for that. Therefore, in return, you are quite likely to conform if I ask you for a favor.

 

What is it? By giving something to another person, he is more likely to give something back
What can it do for you? By giving something, preferably a physical object, you increase the chances that your listener will conform to your call to action
Example: Before your pitch starts you give a prototype of your product to your listener. If you are pitching for a cookies company, make sure to give all your listeners a sample of your newest flavour.

 

 

  1. Scarcity in your pitch

If there is a race on a certain product, people tend to go crazy for it. For example, in times of economic wellfare houses in the big cities tend to be very popular. Because of this, the prices of these houses will increase significantly.

 

What is it? By creating the feeling that there is a limit on the amount of people who can participate or invest, the listener feels he should act quick
What can it do for you? By saying there are a few investors keen to invest, you increase the chance somebody wants to invest on a short term
Example: ‘We haven’t signed an investor yet, but we have a few meetings lined up next week.’

 

 

  1. Authority in your pitch

Let’s say you are smoking a cigarette on the street. Then a random person approaches you, and tells you that smoking is bad and you should quit. Most likely to will not pay too much attention to what he has to say. However, when he explains to you that he is a doctor who did a Phd on the effects of smoking on your body, you are way more likely to take his advice seriously.

 

What is it? People follow the lead of credible and knowledgeable experts
What can it do for you? By demonstrating your authority on the subject the listener is more likely to agree with the rest of your pitch
Example: ‘I have over more than 15 years of experience with pitching. That’s why I am more than ready to help you to create the perfect pitch.’

 

 

 

 

  1. Consistency in your pitch

This is an example which gets used a lot by people who ‘sell’ subscriptions to charity organizations on the street. When they approach you, it usually goes something like this:

 

Him: Hi! Do you like animals?

 

You: Yes
Him: Nice. Do you like cats or dogs?

 

You: Ehh. Sure.

 

Him: Nice. Me too! Don’t you also feel sorry for cats and dogs who are underfed, and beaten up by their previous owners?

 

You: Ehh. Ofcourse.

 

Him: Exactly. I have a way how you can help, it only costs you $10 per month to help those poor animals. You liked animals, right?

 

You: Ehhh. I suppose you are right. Let’s do it.

 

 

 

What happened here is a classic version of the consistency principle. Because human beings don’t like being inconsistent, they will often follow up on their previous statements.

 

Here you confirmed multiple times that you like animals, and you feel sorry for the abused ones. By saying that, you would feel inconsistent by rejecting his offer.

 

 

 

What is it? People like to be consistent with the things they have previously said or done.
What can it do for you? By getting your listener to say yes to a few small questions you increase the chance that he will say yes to your call to action
Example: ‘Raise your hand if you like a good pitch. Now also raise your hand if you appreciate the art of pitching.’

In this case the call to action could be: I saw a lot of people who are excited about being a great pitcher. Become a great pitcher yourself and buy the course for only $399,-.

 

 

  1. Liking in your pitch

If you like somebody a lot, he can get away with a lot of things another person probably couldn’t. Think about it:

When a good friend asks you to help to paint the house, you’ll probably say yes. However, when a random person asks you the same thing, you’d never do it.

If other people like you, you will be way more succesfull in getting what you want.

 

 

What is it? People prefer to say yes to those that they like.
What can it do for you? There are 3 reasons why people like you:

1)     They are similar to you

2)     They share the same goals as you

3)     They get a compliment from you

 

Since number 1 and 2 require more time to accomplish, you could use these tactics during potential negotiations after your pitch. You can however use number 3 during your pitch.

Example: Thank you so much for taking the time to listen to this pitch. I understand you have a busy schedule, so I highly appreciate it.

 

 


 

 

 

  1. Consensus in your pitch

 

Of all the influencing principles this is probably the most subtle one. The power of consensus is the strongest in situations where people don’t know what is expected of them. The less familiar somebody is with the situation, the more he or she will comply with the consensus principle.

The Consesus principle defines the behaviour, where people copy the behaviour of others in situations where they don’t know what to do. Here’s an example which you unfortunately see in the news way too often:

A person is stabbed in a crowded street in the middle of the day. He or she is bleeding and obviously needs to go to a hospital. But because so many people walk by, everybody thinks that another person already called an ambulance. So they walk by.

Here comes the consensus:

Because passengers see the other people walking by. They assume unconsciously that that’s the right thing to do. So they do the same and also walk by.

 

 

What is it? When people are not sure what to do, they follow the actions of others
What can it do for you? If potential investors are not sure whether or not to invest, the agreement of other investors might convince them
Example: We are looking for an investment of 150.000,-. However, we already have 2 investors who agree on 50.000,- each and you could be the last one to join as well.

 

Conclusion

As you can see there are 6 ways how you can influence others with your pitch. People all over the world use them and the impact can be high.

Please use these 6 infuencing principles ethically, as the impact of these principles can be very strong,

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