 Your company name
 1 line “mantra” how you change the world
 Website
 Presenter name and date
Problem
ToDo: Describe the pain you are addressing
Pain Examples:
Booking a hotel takes forever with an

agent and I’m not sure I get best deal
(hotels.com)
Individuals & Small stores cannot accept
credit cards as they don’t qualify for
merchant accounts (paypal.com)
Solution
Todo: Explain how you solve the pain and how
world becomes a better place.

Examples:
Create a website that aggregates all hotel fares

and enables search and compare plus real-time
online booking (hotels.com)
Create a website that allows online credit cards to
be accepted by individuals and small businesses
without a merchant account (paypal)
Business Model
Todo: How would you make money? What
are the channels and gross margins?

Examples:
We will charge the hotels a 15%
reservation fee. Service will be free to
consumers (hotels.com)
Will approach big hotel chains and propose
to sell their slow moving inventory
Secret sauce
Todo: Describe the underlying magic,
technology that makes this happen

 Examples:
Act as middleman between merchants and
banks/credit card companies and serve the “long tail”
of individuals & small businesses (paypal)
Provide extra security layer by storing card numbers
on our servers, merchants never see them
Use our proprietary encryption technology to make it
all secure (we also have a patent pending)
Marketing & Sales
Todo: Explain how are you going to reach your
customer on a shoestring budget

Examples:

Make it easy for sellers to embed our PayNow

button in auction listings. Go after most active
sellers and solicit them directly to use us.
Incentivize first time users by offering one time
credit of $5 upon first transaction
Create buddy referral program and enable users
to earn cash credit for each referral
Competition
Todo: Provide a complete view of market
players. Why are you better?

Examples:
Billpoint, BidPay, Moneybookers, yahoo
PayDirect, Citybank’s C2it (for paypal)

Our advantages:
Individuals & Small businesses can accept payments
with no merchant account
Buyers’ credit card numbers will not be passed to
merchants
The Team
Todo: Who will help you succeed? Key
members, advisors. List missing talent here.

Examples:
Tom Smith, co-founder, CEO. Brings 15 years of
target market expertise, created several sales
channels
Rob Doe, co-founder, CTO. 20 years integrating
online travel sites, running datacenters and
managing offshore teams
Financial Projections
 Todo: 5 year (wishful) projections. Number of customers,
conversion rate, sales volume

 Examples:
 Our target auction channel has over 100,000 transactions
per day
 We expect an initial 0.1% conversion rate, or 100
transactions per day in the first 3 months.
 Average transaction value is $25. We make 3% per
transaction or $0.75. That leads us to gross sales of $750
per day. (Insert 5 year table here)
Current Status
 Todo: What have you accomplished so far?
 Outline market testing results, hard numbers
 Target Customer feedback
 Traction outlook
 What assumptions have you validated
 What leaps of faith you have to make
 (update this each week, last week it will show traction
status)
 If you have questions or need help, or you want to pitch
me (I’m an accredited investor, you can pitch me
directly), contact me: Bogdan Cirlig

 http://angel.co/bogdancirlig
 http://linkedin.com/in/bogdancirlig
 http://github.com/bibanul

 PS: this slide is not part of your deck :D

10 Slide Lean Startup MVP Deck Example

  • 1.
     Your companyname  1 line “mantra” how you change the world  Website  Presenter name and date
  • 2.
    Problem ToDo: Describe thepain you are addressing Pain Examples: Booking a hotel takes forever with an agent and I’m not sure I get best deal (hotels.com) Individuals & Small stores cannot accept credit cards as they don’t qualify for merchant accounts (paypal.com)
  • 3.
    Solution Todo: Explain howyou solve the pain and how world becomes a better place. Examples: Create a website that aggregates all hotel fares and enables search and compare plus real-time online booking (hotels.com) Create a website that allows online credit cards to be accepted by individuals and small businesses without a merchant account (paypal)
  • 4.
    Business Model Todo: Howwould you make money? What are the channels and gross margins? Examples: We will charge the hotels a 15% reservation fee. Service will be free to consumers (hotels.com) Will approach big hotel chains and propose to sell their slow moving inventory
  • 5.
    Secret sauce Todo: Describethe underlying magic, technology that makes this happen  Examples: Act as middleman between merchants and banks/credit card companies and serve the “long tail” of individuals & small businesses (paypal) Provide extra security layer by storing card numbers on our servers, merchants never see them Use our proprietary encryption technology to make it all secure (we also have a patent pending)
  • 6.
    Marketing & Sales Todo:Explain how are you going to reach your customer on a shoestring budget Examples: Make it easy for sellers to embed our PayNow button in auction listings. Go after most active sellers and solicit them directly to use us. Incentivize first time users by offering one time credit of $5 upon first transaction Create buddy referral program and enable users to earn cash credit for each referral
  • 7.
    Competition Todo: Provide acomplete view of market players. Why are you better? Examples: Billpoint, BidPay, Moneybookers, yahoo PayDirect, Citybank’s C2it (for paypal) Our advantages: Individuals & Small businesses can accept payments with no merchant account Buyers’ credit card numbers will not be passed to merchants
  • 8.
    The Team Todo: Whowill help you succeed? Key members, advisors. List missing talent here. Examples: Tom Smith, co-founder, CEO. Brings 15 years of target market expertise, created several sales channels Rob Doe, co-founder, CTO. 20 years integrating online travel sites, running datacenters and managing offshore teams
  • 9.
    Financial Projections  Todo:5 year (wishful) projections. Number of customers, conversion rate, sales volume  Examples:  Our target auction channel has over 100,000 transactions per day  We expect an initial 0.1% conversion rate, or 100 transactions per day in the first 3 months.  Average transaction value is $25. We make 3% per transaction or $0.75. That leads us to gross sales of $750 per day. (Insert 5 year table here)
  • 10.
    Current Status  Todo:What have you accomplished so far?  Outline market testing results, hard numbers  Target Customer feedback  Traction outlook  What assumptions have you validated  What leaps of faith you have to make  (update this each week, last week it will show traction status)
  • 11.
     If youhave questions or need help, or you want to pitch me (I’m an accredited investor, you can pitch me directly), contact me: Bogdan Cirlig  http://angel.co/bogdancirlig  http://linkedin.com/in/bogdancirlig  http://github.com/bibanul  PS: this slide is not part of your deck :D

Editor's Notes

  • #3 - don’t make it look like you are describing a solution looking for a problem Answer to the little man, “so what” Is the audience “buying in”?
  • #4 - Audience must understand what is the value you are providing (i.e time saving, correct a wrongdoing, save something good from vanishing) - Do not get into technical details of how cool the N tier application is and how it runs on distributed datacenters across the world
  • #5 An untested business model is likely to fail. Use analogs & antilogs in similar industries Advertising is NOT a sustainable business model unless you have Google or Facebook’s traffic and can negotiate direct ad deals with media agencies
  • #6 - Diagrams are best use of this slide.
  • #7 - You need to have an effective go to market strategy