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@imranghory Terrible Pitching How to scare away friends, family and strangers (or not)

Terrible Pitching: How to Scare Friends, Family and Strangers

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Page 1: Terrible Pitching: How to Scare Friends, Family and Strangers

@imranghory

Terrible PitchingHow to scare away friends, family

and strangers(or not)

Page 2: Terrible Pitching: How to Scare Friends, Family and Strangers

@imranghory

The Bad PitchIt’s a great product, everyone will want it. You know people love pets and animals, it’s a huge market and incredibly social. People spend crazy amounts of money on their animals, so we’re making a game changing site that will let people who loves pets but don’t have them to get access to animal for short periods of time by matching...

Page 3: Terrible Pitching: How to Scare Friends, Family and Strangers

@imranghory

Rule #1The first sentence should explain what the startup does

TEST IT!

Page 4: Terrible Pitching: How to Scare Friends, Family and Strangers

@imranghory

AirBnb for Cat Rentals

Page 5: Terrible Pitching: How to Scare Friends, Family and Strangers

@imranghory

Corollary #1

Don’t worry about comparing your startup to other companies

Page 6: Terrible Pitching: How to Scare Friends, Family and Strangers

@imranghory

Don’t (just) describe your users

There are lots of people who want to rent their cats out and lots of people who want

to rent them.

Page 7: Terrible Pitching: How to Scare Friends, Family and Strangers

@imranghory

Rule #2: Tell a StorySo John’s going on holiday for two weeks but doesn’t like the idea of putting his cat Garfield in a cattery. Liz loves cats but can’t make the long-term commitment to ownership. We pair them up so Liz can rent John’s cat while he’s on holiday and everyone’s happy!

Page 8: Terrible Pitching: How to Scare Friends, Family and Strangers

@imranghory

Rule #3

Talk about the alternatives

Don’t pretend competitors don’t exist

Page 9: Terrible Pitching: How to Scare Friends, Family and Strangers

@imranghory

Rule #4

Where are you at ?

Idea? Launched? Raising funding ?

Page 10: Terrible Pitching: How to Scare Friends, Family and Strangers

@imranghory

The Rules Rule 1: Your first sentence should describe what your startup doesRule 2: Tell a storyRule 3: Talk about the alternativesRule 4: Talk about where you areRule 5: Keep it short (<2 min)