10 Minute Pitch
Prepare a pitch deck for your company using a PowerPoint File WITH AUDIO
NOTE: THE PITCH MUST BE LIMITED TO NO MORE THAN 10 MINUTES. ANY PITCHES THAT RUN LONGER THAN 10 MINUTES WILL BE STOPPED AT THE 10 MINUTE MARK AND GRADED AS OF THAT POINT IN THE PRESENTATION – JUST AS YOU WOULD BE STOPPED BY A VC IF YOU WERE PARTICIPATING IN A PITCH COMPETITION WHICH WAS LIMITED TO 10 MINUTES.
**PLEASE attach a notes sheet to be able to read from for audio portion of assignment!**
**PITCH SHOULD BE ABOUT TBSB DOCUMENT!!!!*** (ATTATCHED FILES)
NEED ASSIGNMENT BY 10PM!!**
Note: The pitch deck is less important than your product, vision, team and execution, the factors that ultimately attract investment. However, it exists to convey those aspects of your company and pique investors interest in hearing more. Using the following points as a guideline, develop a winning pitch for your new venture. 1. Create a memorable one-liner – an opening vision/mission statement that catches the attention of your audience. 2. Know your audience. 3. Use between to 8-10 slides, providing the following information: a. Cover slide, with logo and contact information, b. Opportunity, c. Management team, d. Product, e. Market size, f. Business model, g. Competition, h. Go-to-market strategy, h. Traction, and i. How much money youre raising and the use of proceeds. 4. If your pitch includes a demo, make sure you have enough time in the pitch session to do it properly – otherwise DONT. You can demo the product later.
NOTE: PLEASE HAVE SOMEONE OTHER THAN YOURSELF RUN YOUR PRESENTATION ON THEIR LAPTOP TO ENSURE THAT THE POWERPOINT RUNS AUTOMATICALLY WITHOUT ANY ‘INTERVENTION’ BY THE INSTRUCTOR. IF IT DOES NOT RUN ON ITS OWN, THERE WILL BE POINTS DEDUCTED ON THE ASSIGNMENT
https://www.entrepreneur.com/article/52332
https://vimeo.com/mtecheducation/review/113036912/5de7b5fff2
https://vimeo.com/mtecheducation/review/113611945/d24452c381
https://vimeo.com/mtecheducation/review/113611946/a0b689b7b3
https://vimeo.com/mtecheducation/review/113612601/5faf3c2462
Lessons From A Study of Perfect Pitch Decks: VCs Spend An Average of 3 Minutes, 44 Seconds On Them
https://vimeo.com/mtecheducation/review/113615797/d377dd28b7
How To Create A Pitch Deck
The Perfect Pitch Deck
Ask 10 VCs what their perfect pitch deck
looks like, and youll likely get 10 different
responses.
Fred Wilson, of Union Square Ventures,
suggests you keep it to six slides.
Guy Kawasaki, of Garage Technology
Ventures (and Apple and Google), uses the
10/20/30 rule
10 slides, 20 minutes, 30 point font.
The Perfect Pitch Deck
Regardless of size, all great pitch decks tell
a compelling story.
Set up the problem (opportunity).
Tell how youre going to solve it.
Introduce the team that will get it done.
Provide other information.
Ten slides (maximum).
The Ten Slides – First Five
1. Cover contact information and tagline.
2. Opportunity the problem and pain
points.
3. Team investors are investing in you, so I
like this slide right up front.
4. Product benefits and how it addresses
the problem (opportunity in number 2).
5. Market size supported by research.
The Ten Slides Last Five
6. Business model how you make money.
7. Competition why youre better, but
dont knock the competition.
8. Go to market strategy how will you
gain users/customers.
9. Traction what have you already
accomplished revenues, users, partners.
10. What you need how much, how used.
Final Thoughts
Put financials projections, headcount,
milestones or timelines in an appendix. Pull
them up if asked (and thats a good sign).
Vet your deck with advisors, friends, or
even VCs for useful feedback.
A PowerPoint greatly increases your
chance of getting a term sheet, or the dignity
of a quick no. – David Cowan, Bessemer
Venture Partners.
How To Create A Pitch Deck
The Perfect Pitch Deck
The Perfect Pitch Deck
The Ten Slides – First Five
The Ten Slides Last Five
Final Thoughts Dos and Donts of the Pitch
Dos and Donts of the Pitch
Dont:
Talk about projections without a plan.
Lie or exaggerate.
Forecast hockey stick growth.
Say I have no competitors.
Focus only on positives.
Dwell on issues tell how you will solve them.
Read your slides.
Become argumentative or defensive.
Dos and Donts of the Pitch
Dont (continued):
Obsess about your financial stake.
Not listen.
Pitch before youve practiced and are ready.
Say that all of your assumptions are very
conservative and youll do better (do, sensitivity
analysis).
Leave your technology turned on during the pitch.
Try to answer a question you have no answer for.
Dos and Donts of the Pitch
Do:
Connect emotionally with the investor.
Give product demo (if applicable).
Highlight your prior successes.
Emphasize your team strength.
Demonstrate you understand the market.
Discuss how you will gain or sustain competitive
advantage.
Assume you will succeed on revenue projections.
Dos and Donts of the Pitch
Do:
Show you have a plan for each major risk.
Research your audience.
Target the presentation to the audience.
Leave time for questions.
Ask for adequate funding thats why youre
there.
Dos and Donts – Summary
Remember, you only have a few minutes to
interest the investor make sure you do.
Less is more, be concise and to the point.
Dont hypothesize execute!
Hockey sticks are best left on the ice.
Be frugal.
Crawl before you walk before you run.
NEVER be the smartest person in the room.
Dos and Donts of the Pitch
Dos and Donts of the Pitch
Dos and Donts of the Pitch
Dos and Donts of the Pitch
Dos and Donts of the Pitch
Dos and Donts – Summary TBSB Network: The Next Way to Enjoy Sports
In an era where social media and entertainment technology rule, it is important for industries to integrate with the times. Whether it be fashion, music, or in this casesportspeople nowadays prefer to have their daily dose of action best served hot! Technology has enabled industries to do so. Through the latest news updates and broadcasting dimensions, the sports industry in particular has broadened the access that audience members have to their favorite teams, players, and sport. Just as technology evolves with the times, I feel it is important for industries to do the same.
High performing sports are part of Americas past time. Whether one grew up playing recreationally or was graced an opportunity to perform at an upper level, sports has had some impact on the lives of millions. Considering where this admiration for any particular sport came from, it is expected to have happened at an early age. According to the Minnesota Amateur Sports Commission, the Athletic Footwear Association, an USA Today Survey, and Michigan State in 2013, roughly 35 million kids sign up each season to participate in a sport. While kiddie soccer may not be the most interesting of segments, this data does raise the question as to why high-performing athletes are not broadcasted at earlier stages in their sports careers. Considerably, that [college] would be the phase where professional athletes are segmented from the amateurs. Should they not be broadcasted as well?
Next level entertainment is under way. TBSB Network offers viewing opportunities for lovers of D1-D3 sports, particularly American football. The NCAA is a billion-dollar industry, enabling ordinary young adults to become extraordinary legends in their own athletic right. People from all over the world tune in to watch the NCAA championship and March Madness, but these events are not nearly enough of a fix for football [and basketball] lovers. TBSB sees opportunity in this industry decay, and thus, an app that fixates the right material was created.
From physical distance for family & friends, to time zone dilemmas, it was hard for people to catch my latest tackle if they were not one of the 81,500 fans in the stands. (Mind you, tickets would resell for thousands of dollars and parking was nearly impossible!). The people who were always front row at my little league games where it all started were now lucky if they could catch a glimpse of a play during the years where my football performance mattered the most.
Growing up around and befriending other athletes like myself, it was great to see my friends achieving the very dreams we shared as kids. Some of my best friends are pursuing their careers at the next level, and though I know they are well performing athletes, it would have been great to be able to see them play virtually. The delay was always that our games would occur at the same time. My time on the road when traveling to games was extensive, and I & others like myself would have been extremely amused to see our peers play-by-play. All because we play the sport, does not mean we do not like to see others play it as well.
There are other networks in this industry that highlight college sports and players, but lets acknowledge what they lack. To begin, their highlights are not nearly enough of what actually goes on off screen. Similar to the NFL, D1-D3 athletes train immensely. Many of us come from humble beginnings and inspirational upbringings that make our story more unique. Unless it is draft season, these stories are not brought to light. This disables the possibility for fans to build more interpersonal connections with their favorite player, and for college players alike to lack the chance to show our personal, normal side.
Another disadvantage that these other networks have is that they tend to only show powerful plays. Overtime occurrences, major game-changing plays, and other newsworthy events are what is typically shown after a college football-filled Saturdayand only on Saturdays. However, replays of entire games, as well as other segments relating to the teams and their players, are not portrayed. This creates a massive delay in information for college football lovers, as well as an untapped market that can potential attract billions.
Contrary to broadcasts from ESPN, TBSB offers the latest in college interviews, team updates, games, and any & all other behind-the-scene opportunities. Again, the objective of the app is to maintain a high-level interaction between fans, friends, family, and football players. The TBSB Network would specialize in these interpersonal connections with news updates, live streaming opportunities, and message board features. Through these application features, user connectivity is promoted and practiced.
Fan favoritism is also an element that TBSB plans to promote. During my time at Clemson, there were endless fans, automobiles, and businesses painted our school colors: orange and purple. Inspired by this, users of the application will be able to customize their background/theme to their liking! Daily raffles and weekly mega-raffles will be administered by these teams, giving users a chance to win various prizes and promoting use of the app.
D2 and D3 schools often rely on individual data updates for scores, player stats, and other team information. With D1 and NFL teams, their information is fact-checked and regulated for the most accurate updates. TBSB understands how lower-level divisions may be at risk for data miscalculation, and therefore, information ca only be updated by those with authority over the games [head coaches, referees, and league administrators]. For extra assurance, information will be cross-checked via browsing software with other sources of data [i.e. Twitter, blogs] so that if any potential discrepancies are identified, they can be flagged and investigated.
The audience range for this particular application is massive. Alma-maters & alumni, family & friends, scouts, agents, and many more! Football fans do not fall under the same category of age, race, or ability. TBSB understands that and aims to make the app accessible for all users. From clear & concise new user tutorials, to friendly virus-free add-ons, TBSB Network members can control and customize their usage to their liking!
Most importantly, the application will be interactive, even when inactive. Considering that fan favoritism factor, the app will flash with different colors [of course to the users liking if enabled] that will signify a new sports update on ones favorite team or player. This feature differentiates from ESPN and other sports networks, with their single [and boring] color. The flash feature will attract usage & further exemplify the fast happening news that TBSB is able to provide!
With these features and several more underway, the TBSB is forecasted to be a great success to the sports industry and technology market. The creative approach to intuitive navigation and robust features will grasp the users attention, and the love and passion that we all share for football will lock them in as TBSB member for life! TBSB Network
The Best Sports Broadcasting Network is home to all college football games, events, and updates. From Alabama and Clemson to Mount Union and Wheaton College, Division 1 to Division 3 top to bottom 24/7 college football. Being a college football athlete myself and having played at Clemson University and now here at University of Maryland I understand the different levels of exposure programs and athletes get even across power 5 conferences there is some exposure but different and some more than others. What my goal and plan for TBSB is that we bring the same amounts of awareness and exposure to their programs that the Clemsons and Alabamas receive to their programs.
After conducting many research experiments on former college athletes as well as parents, family members of student athletes, and fans I learned that they are not happy with not having the chance to always support and watch programs who arent top tier and do not have the same lime light as others. I also found that there is not one particular network that shows all power 5 conference football games on Saturdays, there are different networks you have to pay for monthly to keep up with all football games from different conferences. For example, you have ACC Network, Big 10 Network, and SEC Network for each of these networks you need a different subscription and or certain cable plan. With TBSB we are putting all of these networks under one station to give families, fans, and much more the best possible experience.
I feel like this network will be beneficial to many different people starting with the players. Giving all players who are not receiving a lot of exposure this prime television opportunity for family and friends to watch and cheer them on. Also giving these players opportunities to be evaluated, and scouted by the NFL for those who have that desire. This network will also be beneficial to the university itself, football programs have a chance to increase schools revenue at any given time. Putting these different schools in the lime light will increase the chances to help up schools revenue. Last but not least TBSB will be beneficial to families, friends, fans, and much more the people who are not able to make it to the games but would still love to support and cheer on these programs. With the click of a button all of their problems are solved with TBSB giving them the chance to watch not only the games of their loved ones but any other college football games of their choice.
Currently, I am in the process of finalizing the concept and sources of revenue, as of now my guaranteed sources of revenue will come from customers who sign up they will pay a monthly fee. My next source of revenue I want to work with television companies to have TBSB added to their channel listings and work with these different companies for another stream of revenue. These are my biggest road blocks at the moment. I also will have to find workers who are willing and dedicated to travel and keep up with the busy work this job comes with. My plan is too go around advertising at colleges and universities going after the younger crowd and newly graduates who would not have a problem traveling and being knowledgeable about the game. My last step in the process is finding a donor or grant to help with start up funds. I think I will be ready to start up after these things are finalized.
