The person may even interrupt the conversation, especially if the interlocutor is higher in status than you and understands that you are simply wasting his time. Always network with people in your industry. An elevator pitch may be perfect, but if you're talking to an investor who isn't in your industry, your efforts will be wasted. Not researched the market. You need to thoroughly understand the specifics of doing business before you create an elevator pitch. No one wants to invest their money in creating a spherical bull in a vacuum. Include statistics in your story, profit forecasts, explain why you are so confident in this.
This way you will prove to a potential investor that your business project will be successful. Not specifying the exact amount of investment. When creating an elevator pitch, it is not enough to just make a catchy speech. You must kuwait telegram data clearly define what investments you need for the launch, otherwise the investor may refuse to cooperate with you. Read also! Sales Department KPI: Taking Efficiency to a New Level Elevator pitch is not just a method of negotiating, but a special skill of communication in a business environment. This skill can be improved. Therefore, even if you fail to convince your interlocutor the first time, do not despair.
If you need to raise a certain amount of investment for your project, you don’t need to look for partners in the elevators of skyscrapers where potential investors work. Just put together a short pitch presentation to be ready for a conversation with such a person anywhere, for example, at a specialized exhibition or business lunch.
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