I’m fortunate enough to see a lot of cool business ideas – both entrepreneurial and “big corporate” in nature. While the people pitching the idea are passionate, smart, and excited, more often than not, the pitch itself sucks.
I’m not being bombastic or hyperbolic here. The pitches really suck. Bad. Terribly.
I’m not saying I’m the best pitch man either. I’ve made all of the following mistakes at one point or another. The good news for you is I’ve both learned from those mistakes and I’m willing to share what they are. More important, I have a few suggestions on how you can avoid making the mistake in the first place.
It doesn’t matter if you’re pitching your idea to a bunch of angel investors, venture capitalists, business partners, corporate executives, or prospective employees. If you make any of the following five mistakes, you’ll likely not get the funding, the contract, the signature, or the support you’re looking for. Without those things, your idea is going nowhere.
So strap yourself in. I’m feeling saucy today and you folks know I get reaaalllly direct and candid when I’m saucy… Think of this post as a bit of me kicking up to all you smart folks out there (to learn what I mean about kicking up, CLICK HERE to read a post on the concept). So here are the five reasons your idea pitch sucks (and how you can fix it):