Could you describe your company in 60 seconds? They call it the elevator speech, or elevator pitch, and it’s a good exercise.
I was there last Thursday to hear these two pitches, two of the best from 16 one-minute pitches at the University of Oregon’s New Venture Championship. These are good examples of classic elevator pitches, limited to 60 seconds.
The first, from Visiray, a team representing the University of Oregon:
And the second one, KarmaGoat, from UCLA.
It’s a good exercise. Whether it’s for an elevator speech competition, a real ride up a real elevator, explaining what you do to the person in the seat next to you on the plane, or just for your own satisfaction of getting it all down in a short-and-sweet one-minute pitch, I think every business owner should be able to do that.
By the way, I did a four-part series on my main blog on how to optimize an elevator speech.
Like this article? Please share it:
How LivePlan makes your business more successful
If you're writing a business plan, you're in luck. Online business planning software makes it easier than ever before to put together a business plan for your business.
As you'll see in a moment, LivePlan is more than just business plan software, though. It's a knowledgable guide combined with a professional designer coupled with a financial wizard. It'll help you get over the three most common business hurdles with ease.
Let's take a look at those common hurdles, and see how producing a top-notch business plan sets your business up for success.Click to continue