Pitch Grub: Create the perfect startup elevator pitch. Your audience will eat it up.
We noticed that one of the main problems that entrepreneurs had when coming to us to present their ideas was to concisely and clearly present their product.
Many of them get lost in lots of details regarding what the product will do and how should do it without focusing on the real key points.
The elevator pitch should be a short summary of the startups works on and of why it matters. A good elevator pitches is important not just to introduce your startups to the rest of your industry, but more important to help you open the doors of VC’s or any other source of funding. With the perfect pitch you can even eventually get an acquisition deal if the time right.
Mastering the art of crafting a perfect pitch is not easy, but following some general rules will help any entrepreneur go 80% of the way. When starting to create your elevator pitch make sure you can answer to the following questions:
1. What problem are you solving?
The most important part of the elevator pitch is explaining the value of your startup. Part of this comes with explaining the pain point from the customer’s point of view. The more the audience relates to the problem or sees the market opportunity, the more likely you are to get them excited.
2. What is your solution?
Now state how your Solution directly addresses that Problem.
3. What is the market size?
People want to know you’re solving a painful problem in a big market. Mention an impactful industry statistic here to get their attention.
We have created an online tool to make it easier for any entrepreneur to get started on their elevator pitch. We have created not only a tool to generate the pitch, but even more set up an environment that allows entrepreneurs to improve their pitches based on the feedback received from the community.
If you are interested in proving feedback you can always check the Discovery to see the latest pitches. Since some entrepreneurs are concerned that someone might still their idea, we allow them to make the pitches private upon creation. For the record, I’d say that if an idea is worth stilling then you’re onto something ;), and after all the success is more in execution (hard work) then in the idea.
Please see our online solution here : http://pitchgrub.com
Since the launch last week we have encountered positive feedback from the community on ProductHunt, and even head some articles written about Pitchgrub.
- Website PitchGrub Will Help Entrepreneurs Develop the Perfect Elevator Pitch
- If You’re Too Dumb to Describe Your Own Startup, This Site Is For You
- 5 Tools That Will Bootstrap Your Startup To The Next Level
- We launched an mvp last weekend and got featured on Product Hunt, have any feedback for our app?
We have asked our users about how can we improve their experience and received valuable feedback:
— Adam (@_thenameisadam_) September 6, 2014
@shantkiraz It would be pretty neat if there was a public feed with the PitchGrub pitches, where ANYONE could give feedback.
— Adam (@_thenameisadam_) September 3, 2014
We took their feedback into consideration and added a discovery page.
We’re excited and looking forward to see what’s next.