Business Pitch Flashcards

1
Q

What is a business pitch

A

A business pitch is a presentation of a business idea or expectation, to a group of people who can help make it
a reality.

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2
Q

What is the main purpose of a pitch

A

The main purpose is to secure funding or collaboration from potential investors

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3
Q

What is a pitch deck

A

A pitch deck is a brief presentation that gives potential investors or clients an overview of your business plan, product, services and growth traction.

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4
Q

Types of businesses pitch

A

The investor pitch: an investor pitch occurs in the initial stage of raising money with a potential investor.

The elevator pitch: an elevator pitch can be delivered within the duration of an elevator ride. It’s a one-minute session to talk about your business, your product or service, and even your skill sets as an entrepreneur.

The sales pitch: The main objective here is to pitch the value of your product or service to the audience and persuade them to take the desired action.

The product pitch: Similar to a sales pitch, this focuses more on a specific product.

The twitter pitch: In the latest trend, the Twitter pitch summarizes your business idea
in one or two phrases.

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5
Q

Key elements of the perfect pitch

A

P - Problem solver
I - inspire action
T - Tailor it to the audience
C - concise
H - Heart

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6
Q

Important document to include with a business picth

A

. Cover Letter
* Elevator Pitch
* Business Plan
* Financial Report.

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