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Friday, November 18, 2005

Pitching Your Business Plan To An Investor

Dave Cowen has an experienced entry on "How To NOT Write A Business Plan " where he states:

"Entrepreneurs often ask me for a sample business plan they can use as a model for their fundraising efforts. They are surprised when I send them a PowerPoint file. "

Dave's take?

Create a 10-slide Powerpoint:

  1. Contact, logo, tagline
  2. Mission statement
  3. Introduce the team
  4. Nature of the problem
  5. Introduce your product/service - and its benefits
  6. Why your approach is unique
  7. Show off early wins (customers, distribution, accolades)
  8. Sales strategy (how you will get customers/clients)
  9. Competitive landscape
  10. Current financial situation

BOTTOMLINE: Read this entire discussion, specifically if you want to pitch a new business idea to an investor (of any type.)

(Thanks to bBlog for the tip!)

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