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Pitching your business idea
May 9th , 2015
Pitching your business idea – For discussion purposes onlyPage 2
Broad themes
► The Idea
► Structuring your idea
► Common pitfalls in your pitch
Pitching your business idea – For discussion purposes onlyPage 3
Introduction – starting up
► The excitement of an idea
► Hunger to make a difference
► Idea to enterprise
► Execution of the idea
► Access to funds
► Setting up
► Euphoria at the market place
Pitching your business idea – For discussion purposes onlyPage 4
Introduction – starting up
What got
you here
will not
take you
there …
Pitching your business idea – For discussion purposes onlyPage 5
The business model
Pitching your business idea – For discussion purposes onlyPage 6
Customer Segments
► Mass Market
► Niche Market
► Segmented
► Diversified
Pitching your business idea – For discussion purposes onlyPage 7
Value propositions
► Newness
► Performance
► Customization
► Design Brand
► Price
► Accessibility
► Usability
Pitching your business idea – For discussion purposes onlyPage 8
Channels
► How are we reaching our customer segments
today ?
► How are the channels integrated ?
► Which ones work best ?
► Which are the most cost efficient ?
► How are we aligning to the customer routines ?
Pitching your business idea – For discussion purposes onlyPage 9
Customer relationships
► One to one assistance
► Self service
► Automated services
► Communities
► Co-creation
Pitching your business idea – For discussion purposes onlyPage 10
Revenue Streams
► Asset sale
► Usage fee
► Subscription fees
► Lending / leasing / renting
► Licensing
► Brokerage
► Advertising
Fixed
Dynamic
Pitching your business idea – For discussion purposes onlyPage 11
Key resources
► Physical
► Intellectual
► Human
► Financial
Pitching your business idea – For discussion purposes onlyPage 12
Key Activities
► Production
► Problem solving
► Platform / Network
Pitching your business idea – For discussion purposes onlyPage 13
Key Partnerships
► Optimization and economies of scale
► Reduction of risk and anxiety
► Acquisition of particular resources and activities
Pitching your business idea – For discussion purposes onlyPage 14
Cost Structure
► Approaches
► Cost driven
► Value Driven
► Characteristics
► Fixed costs
► Variable Costs
► Economies of scale
► Economies of scope
Pitching your business idea – For discussion purposes onlyPage 15
Understanding patterns
► Customer relationship businesses
► Product Innovation businesses
► Infrastructure business
Each type has a different
► Economics
► Competitive landscape
► Cultural imperative
Pitching your business idea – For discussion purposes onlyPage 16
Shifting focus areas
► Innovation to execution
► Individual focus to team building
► Aspiring to inspiring
► Creativity to work structures
► Revenue to revenue management
► Top line to bottom line
Pitching your business idea – For discussion purposes onlyPage 17
Some common pitfalls
► Relationship Decisions
► Role decisions
► Reward Decisions
Pitching your business idea – For discussion purposes onlyPage 18
Leadership roles
► Organization strategist
► Human Capital developer
► Talent Manager
► Organizational executor
► Orchestra Conductor
Pitching your business idea – For discussion purposes onlyPage 19
When do we stop innovating ?
► Initial years
► Break out ideas
► What need is being addressed ?
► Later years
► Operational Efficiency
► Scale up pressure
► Focus shift from art of discovery to science of discovery
Pitching your business idea – For discussion purposes onlyPage 20
When do we stop innovating?
► Exploration to Efficiency
► Losing autonomy to rules
► Shift to short term viability
► Process becomes the driver
► Work becomes progress and not perfection
► How do I instill structure ?
Pitching your business idea – For discussion purposes onlyPage 21
Organizational systems and processes –
Organisation structure
► Work delegation
► Participation and team work
► Career planning
► Leadership Pipeline model
Pitching your business idea – For discussion purposes onlyPage 22
Organizational systems and processes –
Performance management systems
Pitching your business idea – For discussion purposes onlyPage 23
Organizational systems and processes –
Rewards and recognition
► Compensation philosophy
► Fixed Vs variable
► Transparent systems
► Incentivize competencies
► Reinforce behaviors
► Competency frameworks
Pitching your business idea – For discussion purposes onlyPage 24
Organizational systems and processes –
Increased standardisation of processes
► Standard operating procedures
► Accounts and finance
► Market facing functions
► Internal Efficiencies
Pitching your business idea – For discussion purposes onlyPage 25
What do the VCs and Angels say ?
► Vision
► Passion
► Focus
► Integrity
► Keenness to learn
Pitching your business idea – For discussion purposes onlyPage 26
rajesh.nair@in.ey.com
Thank you

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Pitching your business idea by Rajesh Nair, Associate Director, Markets, EY

  • 1. Pitching your business idea May 9th , 2015
  • 2. Pitching your business idea – For discussion purposes onlyPage 2 Broad themes ► The Idea ► Structuring your idea ► Common pitfalls in your pitch
  • 3. Pitching your business idea – For discussion purposes onlyPage 3 Introduction – starting up ► The excitement of an idea ► Hunger to make a difference ► Idea to enterprise ► Execution of the idea ► Access to funds ► Setting up ► Euphoria at the market place
  • 4. Pitching your business idea – For discussion purposes onlyPage 4 Introduction – starting up What got you here will not take you there …
  • 5. Pitching your business idea – For discussion purposes onlyPage 5 The business model
  • 6. Pitching your business idea – For discussion purposes onlyPage 6 Customer Segments ► Mass Market ► Niche Market ► Segmented ► Diversified
  • 7. Pitching your business idea – For discussion purposes onlyPage 7 Value propositions ► Newness ► Performance ► Customization ► Design Brand ► Price ► Accessibility ► Usability
  • 8. Pitching your business idea – For discussion purposes onlyPage 8 Channels ► How are we reaching our customer segments today ? ► How are the channels integrated ? ► Which ones work best ? ► Which are the most cost efficient ? ► How are we aligning to the customer routines ?
  • 9. Pitching your business idea – For discussion purposes onlyPage 9 Customer relationships ► One to one assistance ► Self service ► Automated services ► Communities ► Co-creation
  • 10. Pitching your business idea – For discussion purposes onlyPage 10 Revenue Streams ► Asset sale ► Usage fee ► Subscription fees ► Lending / leasing / renting ► Licensing ► Brokerage ► Advertising Fixed Dynamic
  • 11. Pitching your business idea – For discussion purposes onlyPage 11 Key resources ► Physical ► Intellectual ► Human ► Financial
  • 12. Pitching your business idea – For discussion purposes onlyPage 12 Key Activities ► Production ► Problem solving ► Platform / Network
  • 13. Pitching your business idea – For discussion purposes onlyPage 13 Key Partnerships ► Optimization and economies of scale ► Reduction of risk and anxiety ► Acquisition of particular resources and activities
  • 14. Pitching your business idea – For discussion purposes onlyPage 14 Cost Structure ► Approaches ► Cost driven ► Value Driven ► Characteristics ► Fixed costs ► Variable Costs ► Economies of scale ► Economies of scope
  • 15. Pitching your business idea – For discussion purposes onlyPage 15 Understanding patterns ► Customer relationship businesses ► Product Innovation businesses ► Infrastructure business Each type has a different ► Economics ► Competitive landscape ► Cultural imperative
  • 16. Pitching your business idea – For discussion purposes onlyPage 16 Shifting focus areas ► Innovation to execution ► Individual focus to team building ► Aspiring to inspiring ► Creativity to work structures ► Revenue to revenue management ► Top line to bottom line
  • 17. Pitching your business idea – For discussion purposes onlyPage 17 Some common pitfalls ► Relationship Decisions ► Role decisions ► Reward Decisions
  • 18. Pitching your business idea – For discussion purposes onlyPage 18 Leadership roles ► Organization strategist ► Human Capital developer ► Talent Manager ► Organizational executor ► Orchestra Conductor
  • 19. Pitching your business idea – For discussion purposes onlyPage 19 When do we stop innovating ? ► Initial years ► Break out ideas ► What need is being addressed ? ► Later years ► Operational Efficiency ► Scale up pressure ► Focus shift from art of discovery to science of discovery
  • 20. Pitching your business idea – For discussion purposes onlyPage 20 When do we stop innovating? ► Exploration to Efficiency ► Losing autonomy to rules ► Shift to short term viability ► Process becomes the driver ► Work becomes progress and not perfection ► How do I instill structure ?
  • 21. Pitching your business idea – For discussion purposes onlyPage 21 Organizational systems and processes – Organisation structure ► Work delegation ► Participation and team work ► Career planning ► Leadership Pipeline model
  • 22. Pitching your business idea – For discussion purposes onlyPage 22 Organizational systems and processes – Performance management systems
  • 23. Pitching your business idea – For discussion purposes onlyPage 23 Organizational systems and processes – Rewards and recognition ► Compensation philosophy ► Fixed Vs variable ► Transparent systems ► Incentivize competencies ► Reinforce behaviors ► Competency frameworks
  • 24. Pitching your business idea – For discussion purposes onlyPage 24 Organizational systems and processes – Increased standardisation of processes ► Standard operating procedures ► Accounts and finance ► Market facing functions ► Internal Efficiencies
  • 25. Pitching your business idea – For discussion purposes onlyPage 25 What do the VCs and Angels say ? ► Vision ► Passion ► Focus ► Integrity ► Keenness to learn
  • 26. Pitching your business idea – For discussion purposes onlyPage 26 rajesh.nair@in.ey.com