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StartupPro: How to set up and grow a tech business

You're reading from   StartupPro: How to set up and grow a tech business Practical guidance on how to turn your passion, idea, and technical skills into a successful business

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Product type Paperback
Published in Dec 2014
Publisher
ISBN-13 9781783001422
Length 238 pages
Edition Edition
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Author (1):
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Martin C Zwilling Martin C Zwilling
Author Profile Icon Martin C Zwilling
Martin C Zwilling
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Table of Contents (15) Chapters Close

StartupPro: How to set up and grow a tech business
Credits
About the Author
About the Reviewers
Preface
1. Do You Have What It Takes to be an Entrepreneur? FREE CHAPTER 2. Does Your Dream Idea Have the Potential to be a Business? 3. When, Where, and How Do You Formalize a Technical Business? 4. Does a Technical Entrepreneur Really Need a Business Plan? 5. When and How Do You Find Funding for a Technical Business? 6. After the Funding, How Do You Survive the Execution Risks? 7. Are You Ready for All the Leadership and Team Challenges? 8. Do You Understand How Social Media is Changing the Business Landscape? 9. If You Build It, Will They Find You, and Will They Use It? 10. Can You Build the Relationships Needed to Succeed in Business?

Guidelines for pitching to professional investors


The biggest complaint I hear from investors is that technical entrepreneurs often talk way too long, and neglect to cover the most relevant points, or they get sidetracked by a technical glitch due to poor preparation.

If you start by pitching your extended life story, that's the wrong point. Equally bad is an extended pitch on your new disruptive technology. Investors are more interested in your solution and your business rather than your technology. Here are some guidelines on the right approach and the right points to hit:

  • Match your material to the time allotted: If you have 10 minutes, this means no more than 10 slides. Then, set your pace to cover all the material. I've seen several presentations that never moved past the first slide before running out of time. An obvious effort to keep talking after the time limit won't save your day with investors.

  • Remember you are pitching to investors, not customers: Some entrepreneurs seem to think...

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