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@michuk @michuk THE ART OF PITCHING THE ART OF PITCHING Borys Musielak <borys@musielak.eu>

Startup Essentials: Pitching, Idea Validation and First Steps in Business

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From pitching your first project, through idea validation process using concierge MVP to first steps in business: finding co-founders and fighting for your company.

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Page 1: Startup Essentials: Pitching, Idea Validation and First Steps in Business

@michuk @michuk

THE ART OF PITCHINGTHE ART OF PITCHINGBorys Musielak <[email protected]>

Page 2: Startup Essentials: Pitching, Idea Validation and First Steps in Business

@michuk @michuk

WHAT IS A PITCH?WHAT IS A PITCH?Sales Pitch – a line of talk that attempts to

persuade someone or something, with a planned sales presentation strategy of a product or service designed to initiate and close a sale of the product

or service.Source: http://en.wikipedia.org/wiki/Sales_presentation

Page 3: Startup Essentials: Pitching, Idea Validation and First Steps in Business

@michuk @michuk

LEARN YOUR PITCHLEARN YOUR PITCH

“Filmaster helps cinemas drive incremental profitable admissions using personalized

communication.”

Page 4: Startup Essentials: Pitching, Idea Validation and First Steps in Business

@michuk @michuk

WHAT MAKES A GOOD PITCH?WHAT MAKES A GOOD PITCH?

ProblemSolutionTraction

Other Validators

Page 5: Startup Essentials: Pitching, Idea Validation and First Steps in Business

@michuk @michuk

WHAT MAKES A GOOD PITCH?WHAT MAKES A GOOD PITCH?

ExcitingMemorizable

Benefits, not featuresLeave room for questions

Page 6: Startup Essentials: Pitching, Idea Validation and First Steps in Business

@michuk @michuk

WHAT MAKES A GOOD PITCH?WHAT MAKES A GOOD PITCH?

“If you’re lucky (and good), the audience will remember only ONE THING about

your pitch.”

Page 7: Startup Essentials: Pitching, Idea Validation and First Steps in Business

@michuk @michuk

WHAT MAKES A GOOD PITCH?WHAT MAKES A GOOD PITCH?

[Dave McClure video]

Page 8: Startup Essentials: Pitching, Idea Validation and First Steps in Business

@michuk @michuk

COMPETITIVE ADVANTAGECOMPETITIVE ADVANTAGE

Page 9: Startup Essentials: Pitching, Idea Validation and First Steps in Business

@michuk @michuk

COMPETITIVE ADVANTAGECOMPETITIVE ADVANTAGEBad examples:

We have more featuresWe're faster

We're smarterWe're better at X

Page 10: Startup Essentials: Pitching, Idea Validation and First Steps in Business

@michuk @michuk

COMPETITIVE ADVANTAGECOMPETITIVE ADVANTAGE

Good examples:Google's Search Algorithm

37Signals' Blog

Page 11: Startup Essentials: Pitching, Idea Validation and First Steps in Business

@michuk @michuk

INTELCLINICINTELCLINIC

[IntelClinic Pitch video]

Page 12: Startup Essentials: Pitching, Idea Validation and First Steps in Business

@michuk @michuk

IDEA VALIDATIONIDEA VALIDATIONBorys Musielak <[email protected]>

Page 13: Startup Essentials: Pitching, Idea Validation and First Steps in Business

Concierge MVPConcierge MVP

@michuk @michuk

Concierge (French pronunciation: [k sj ]) is an ɔɔ ɛʁʒemployee of an apartment building, hotel or office building

who serves guests, with duties similar to those of a receptionist.

MVP (Minimum Viable Product) is a strategy used for fast and quantitative market testing of a product. It may

also involve carrying out market analysis before hand.

Page 14: Startup Essentials: Pitching, Idea Validation and First Steps in Business

ZAPPOSZAPPOS

@michuk @michuk

Page 15: Startup Essentials: Pitching, Idea Validation and First Steps in Business

ZAPPOSZAPPOS

@michuk @michuk

“I went to a couple of stores, took some pictures of the shoes, made a website, put them up and told the shoe store, if I sell anything, I'll come here

and pay full price.”Source: http://www.businessinsider.com/nick-swinmurn-zappos-rnkd-2011-11

Page 16: Startup Essentials: Pitching, Idea Validation and First Steps in Business

KEKEMEKEKEKEMEKE

@michuk @michuk

Page 17: Startup Essentials: Pitching, Idea Validation and First Steps in Business

EVENTSEVENTS

@michuk @michuk

Page 18: Startup Essentials: Pitching, Idea Validation and First Steps in Business

ANGELINA@OSCARSANGELINA@OSCARS

@michuk @michuk

Page 19: Startup Essentials: Pitching, Idea Validation and First Steps in Business

ANGELINA@SXSWANGELINA@SXSW

@michuk @michuk

Page 20: Startup Essentials: Pitching, Idea Validation and First Steps in Business

ANGELINA@SXSWANGELINA@SXSW

@michuk @michuk

Page 21: Startup Essentials: Pitching, Idea Validation and First Steps in Business

EVENTSEVENTS

@michuk @michuk

Do ResearchSchedule meetings in advance

Network like crazyFollow up!

Page 22: Startup Essentials: Pitching, Idea Validation and First Steps in Business

@michuk @michuk

Do RESEARCHDo RESEARCH

Use your network!#leweb websummit#tcdisrupt #sxsw

#eps13 #dld

#leweb websummit#tcdisrupt #sxsw

#eps13 #dld

Page 23: Startup Essentials: Pitching, Idea Validation and First Steps in Business

@michuk @michuk

PLAN MEETINGSPLAN MEETINGSPLAN MEETINGSPLAN MEETINGSSCHEDULE MEETINGSSCHEDULE MEETINGS

Page 24: Startup Essentials: Pitching, Idea Validation and First Steps in Business

@michuk @michuk

BE PROACTIVEBE PROACTIVE

Page 25: Startup Essentials: Pitching, Idea Validation and First Steps in Business

@michuk @michuk

NETWORK LIKE CRAZYNETWORK LIKE CRAZY

Page 26: Startup Essentials: Pitching, Idea Validation and First Steps in Business
Page 27: Startup Essentials: Pitching, Idea Validation and First Steps in Business
Page 28: Startup Essentials: Pitching, Idea Validation and First Steps in Business

Not about your ideaNot about your idea

@michuk @michuk

Page 29: Startup Essentials: Pitching, Idea Validation and First Steps in Business

Not about your ideaNot about your idea

@michuk @michuk

Order food from your cell phone!http://bit.ly/13PmWkg

Confidential data on mobile deviceshttp://bit.ly/18nyXC3

Page 30: Startup Essentials: Pitching, Idea Validation and First Steps in Business

IT's ABOUT YOU!IT's ABOUT YOU!

@michuk @michuk

Page 31: Startup Essentials: Pitching, Idea Validation and First Steps in Business

...AND YOUR TEAM...AND YOUR TEAM

@michuk @michuk

Page 32: Startup Essentials: Pitching, Idea Validation and First Steps in Business

NOT ALWAYS SWEETNOT ALWAYS SWEET

@michuk @michuk

Page 33: Startup Essentials: Pitching, Idea Validation and First Steps in Business

NOT ALWAYS SWEETNOT ALWAYS SWEET

@michuk @michuk

“Being a Founder Is Lonely”“Being a Founder Is Lonely”http://onforb.es/199X9Jr

Page 34: Startup Essentials: Pitching, Idea Validation and First Steps in Business

NOT ALWAYS SWEETNOT ALWAYS SWEET

@michuk @michuk

“Being a Founder Is Riddled With Doubt”

“Being a Founder Is Riddled With Doubt”

http://onforb.es/199X9Jr

Page 35: Startup Essentials: Pitching, Idea Validation and First Steps in Business

NOT ALWAYS SWEETNOT ALWAYS SWEET

@michuk @michuk

“Being a Founder Bankrupts You”

“Being a Founder Bankrupts You”

http://onforb.es/199X9Jr

Page 36: Startup Essentials: Pitching, Idea Validation and First Steps in Business

Three BeesThree Bees

@michuk @michuk

Page 37: Startup Essentials: Pitching, Idea Validation and First Steps in Business

BE PERSISTENTBE PERSISTENT

@michuk @michuk

“Now that we've exhausted all the possibilities... let's get started!

“Now that we've exhausted all the possibilities... let's get started!

Page 38: Startup Essentials: Pitching, Idea Validation and First Steps in Business

BE OPENBE OPEN

@michuk @michuk

“I'd better sign my own NDA... because you never know...”

“I'd better sign my own NDA... because you never know...”

Page 39: Startup Essentials: Pitching, Idea Validation and First Steps in Business

BE WEIRD :)BE WEIRD :)

@michuk @michuk

Page 40: Startup Essentials: Pitching, Idea Validation and First Steps in Business

@michuk @michuk

RESOURCESRESOURCESBorys Musielak <[email protected]>

Page 41: Startup Essentials: Pitching, Idea Validation and First Steps in Business

TALK TO PEOPLE!TALK TO PEOPLE!

@michuk @michuk

“The More People Know You, The More People Can Help You”

“The More People Know You, The More People Can Help You”

Page 42: Startup Essentials: Pitching, Idea Validation and First Steps in Business

@michuk @michuk

EVENTS in WARSAWEVENTS in WARSAWAula Polska, OpenReaktor, Czwartki z

Social Media, Geek Girls Carrots, Makerland, Bootstrappers Breakfast, OpenCoffee, WRUG, Activatorium,

PyWaw, DjangoPiwo

More: Startup Digest Warsaw (https://www.startupdigest.com/digests/warsaw)

Page 43: Startup Essentials: Pitching, Idea Validation and First Steps in Business

@michuk @michuk

STARTUP WEEKENDSTARTUP WEEKEND54-hour weekend events during which groups of

developers, business managers, startup enthusiasts, marketing gurus, graphic artists and more pitch ideas for new startup companies, form teams around those ideas,

and work to develop a working prototype, demo, or presentation by Sunday evening

Next Event: Warsaw, 30-31.05 - 01.06 (http://warsaw.startupweekend.org/)

Page 44: Startup Essentials: Pitching, Idea Validation and First Steps in Business

@michuk @michuk

ACCELLERATORSACCELLERATORS

PL: The Founder Institute, Startup Enterpreneuria, SWNext, Startup Hub Poland, Accelerate

Europe: Seedcamp, Wayra, TechPeaks

US: Y Combinator, Tech Stars, 500 Startups

Page 45: Startup Essentials: Pitching, Idea Validation and First Steps in Business

@michuk @michuk

STARTUP CONTESTSSTARTUP CONTESTS

PL: Startup Fest, Start with e-nnovation, Aulery

Europe: The Europas, LeWeb, PIONEER Festival, The Next Web, European Pirate Summit

US: TechCrunch Disrupt, DEMO, Launch...

Page 46: Startup Essentials: Pitching, Idea Validation and First Steps in Business

@michuk @michuk

@@Borys Musielak

E: [email protected]: twitter.com/michuk

F: facebook.com/michukQ: quora.com/Borys-Musielak

Tel: +48795158581

Filmaster.TV | ReaktorWarsaw.com | borys.musielak.eu