How To Write A Killer Startup Pitch Deck? | Slidebean
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Unlock the secrets to writing a killer startup pitch deck and learn how to make investors sit up and take notice! Startup founders often feel overwhelmed when it comes to creating an effective pitch deck. Caya, CEO of Slidebean and alum of both DreamIt and 500 Startups, is an expert in this field, having helped hundreds of companies craft better stories for their startups. In this video, Caya explains the 15 slides for a killer pitch deck and how to answer key business questions that investors expect. These slides should include a Problem/Solution section, a Product section, a Go-To-Market section, a Competitors section, and an Ask section. Caya provides insight into the importance of each section, such as the need for product screenshots and a clear explanation of the company's business model. By following Caya's advice, startup founders can create a compelling pitch deck that investors will be excited to hear. Learning Outline1. Problem/Solution: Describe the problem and present a solution to it in 3-4 sentences. Instructional ContentWriting a killer startup pitch deck can seem like a daunting task for many entrepreneurs. With the right approach, however, it can be broken down into easy to understand steps that will help you craft the perfect pitch deck. The first step is to establish the problem that your startup is trying to solve. This is your opportunity to paint a picture of the current status quo and how your product or service is poised to disrupt it. Make sure to keep this section brief, as investors will want to get to the meat of the story quickly. The next section is where you will introduce your product or service. This is where you can showcase the features that make your solution stand out from the competition. Focus on the benefits to the user and make sure to avoid tech jargon. The third section is where you will discuss your go-to-market strategy. Explain how you plan to get your product or service in front of the right audience and how you plan to acquire customers. This is also the section to discuss what sets you apart from the competition and why you are the best option in the market. The fourth section is where you will discuss your traction. Investors will want to know that your product or service has been successful in the market. Showcase any customer growth, revenue, or other metrics that demonstrate your success. The fifth and final section is the “ask”. This is where you will explain how investors can join your company and the potential return on investment. Be sure to include any financials that are necessary to support this ask. By following the five steps outlined in this video, you will be well on your way to crafting a killer startup pitch deck that will help you get the funding you need to take your business to the next level. Management
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Writing a killer startup pitch deck is like telling an exciting story. You have to think about the problem, the solution, the product, how you will make money, how you will get customers, and how investors can make money. You should explain the problem in 3 sentences and explain the solution in one sentence. Talk about the benefits of your product, not the features. Explain how you will get customers and show traction. Finally, explain how investors can make money. It's important to make it simple and exciting, so investors will want to invest in your company! Video Quotes1. "Think of benefits instead of features- so instead of saying: 'fully responsive editor,' rephrase it to 'edit your presentation anywhere, even your phone.'- Caya 2. "The Convenience of a cab in NYC + experience of a professional chauffeur."- Caya 3. "Investors in 2019 want to see built products, early signs of revenue, and customer excitement. That is the way to stand out. It's not so much about the story it's about how the company proves that it can make money."- Caya Related Quotes"The best way to pitch is to have a great story and be able to tell it clearly and concisely." - Alex Iskold, Managing Director at Techstars "The goal of the pitch is to explain who you are, what you're doing and why it's worth investing in." - Nick Talwar, Head of Growth at SeedLegals "You want to make sure you're telling a story that's easy to understand and that you're really conveying the passion that you and your team have." - Nick Talwar, Head of Growth at SeedLegals Competencies1. Startup and Entrepreneurship Learning Outcomes1. Analyze how to calculate the market opportunity for a startup company. Sample Answers1. From this video, I learned that a pitch deck needs to have 15 slides in order to paint a quick and exciting picture of a business opportunity. It needs to include sections discussing the problem/solution, the product, go-to-market strategy, competitors, and the ask. 2. I also learned that investors don't want a one-page pitch, a 45-slide deck, or a 50-page business plan. They want to see that the company has solved all of the business questions and can present them in simple terms that show their money can make a difference. 3. Lastly, I learned that having traction is extremely important when raising capital. Investors want to see built products, early signs of revenue, and customer excitement in order to stand out. Having a successful startup exit in the background is also very helpful. CayaCaya is an experienced startup advisor and investor, with over 20 years of experience. She has invested in multiple startups and is an active advisor for early-stage startup companies. She is an expert on startup pitch decks as she has evaluated numerous pitches from early-stage startups and provided advice to entrepreneurs on how to create compelling decks. Caya is also the co-founder of the StrategyClass, an organization focused on providing education and support for entrepreneurs. Learning DesignStartup and Entrepreneurship competencies are important to learn in a management course because they provide the necessary skills and knowledge needed to become successful entrepreneurs. Written Communication competencies are critical for management courses because they enable students to effectively communicate their ideas, plans, and strategies in a professional manner. Public Speaking competencies are important to learn in a management course because they enable students to confidently and effectively communicate their ideas and plans in front of a live audience. AssessmentQ: What is the best way to stand out to investors in 2019? QuestionsQuestions for students: Questions for real-life examples and scenarios: Keywordsstartup pitch deck, killer startup pitch, venture capital pitch, investor pitch deck, startup business plan, go-to-market strategy, customer acquisition cost, dreamit ventures, 500 startups Facts1. A pitch deck is a tool to quickly and excitingly present a business opportunity. Trends1. Creating a “Story Map” for startup pitch decks: Give entrepreneurs a comprehensive guide to creating a story arc for their pitch deck, allowing them to quickly and efficiently craft an engaging story for investors. 2. Developing a “Traction Toolkit” for startups: Create a package of resources and tips for startups looking to generate traction, including insights on customer acquisition cost, go-to-market strategy and budgeting tips. 3. Creating a “Pitch Deck Calculator”: This tool would allow founders to plug in their data and quickly generate a pitch deck tailored to their business. 4. Developing a “Problem Solving Playbook”: Create a playbook to help entrepreneurs identify and solve the problems they may run into when constructing a pitch deck, such as identifying the right market opportunity and understanding the financials. SourceThis learning instructional guidance was formulated using the GPT-3 language model created by OpenAI. Share#Startup founders, take note! Learn to craft a killer #PitchDeck that will wow investors and get you the money you need to succeed. It's not as intimidating as it seems! 🤩 #Entrepreneurship #Business #Funding @Accredicity |