Pitch Better: 10 “Rules” to Break

(nod of thanks to Seth Levine, Gordon Whyte and David Teten for blogging about these tip sheets when I first put them on my site)

1. Don’t say “Um.” Look, don’t freak out over bad verbal habits. Minimize them, but trying too hard can blow your cool.

2. One slide per minute. If you have even close to that we’ll hit you. You shouldn’t have anywhere near that many. Unless you know what you’re doing.

3. Memorize your speech. Recital is not effective communication

4. What you say is just 7% of your credibility. Whomever told you that owes you every penny you paid them.

5. Use your full time slot. Quality, not quantity. Be succinct. Be alluring. Make them want to follow-up.

6. End with a summary slide. End by encouraging the next steps in the process.

7. Speak up. Make yourself heard, but more importantly vary your tone, speed, volume & inflection to maintain audience attention.

8. Start by introducing yourself. You just got introduced. Open with some drama (or at least excitement) and get right to the “ah-ha.”

9. Answer every question they might possibly have. Aim to be complete, but don’t overkill. Your pitch is like an executive summary.

10. Sum the years’ experience on your team. 40+ years, wow! Does that mean 10 schmucks with 4 years’ each or 3 with 13 1/3?

11. Make your pitch into a story. “Story” is a hot right now, but be judicious. Don’t just string stories together or be contrived, use 1 (maybe 2) and use other techniques too, like comparisons to convey unfamiliar material in terms of something listeners already understand. (Oh and as always, give something extra)

Ten things you MUST do in your next pitch

(nod of thanks to Seth Levine, Gordon Whyte and David Teten for blogging about these tip sheets when I first put them on my site)

1. Get to the “ah-ha” immediately: Why is your business a great investment? What’s in it for investors?

2. Attend to audience and desired results first. Everything you say and show serves both or doesn’t belong in the pitch.

3. Cut the PowerPuke clutter – .ppt file is not “your presentation” it’s a visual aid. Keep only slides that illustrate your talk. Chuck the rest.

4. Those slides you kept? Chuck a couple more and streamline the rest. Try to read your slides from across the room. (Stuff the detail where it belongs – in an appendix of your business plan.)

5. Say something on slide titles – replace “Company History” with “Substantial Value Built” (Investors recognize a management team slide without you labeling it “Team” – use the title to tell them about your team.)

6. Prepare effectively. Practice in front of your team, in front of a camera, in front of a group of laypeople, get their feedback, refine the logic flow and try again.

7. Know your best style. Earnest, clear speaking beats stilted, overproduced and even “by the rules” reciting any day.

8. Interact with the audience. Refer to handouts, ask thought questions, make genuine eye contact. End by asking them to do something incremental like drop by the booth or website.

9. Ask yourself: How can I make it easier for these investors to do their jobs? (You’re in customer service and they’re the customer)

10. Features = characteristics (adjectives). Benefits = actions (verbs). Benefits matter the most. Know the difference.

11. Give a little something extra…