MIT Entrepreneurship and
Maker Skills Integrator
Great pitches
June 14, 2017
2
For your pitch
• Who is the hero?
• What is the world they live in?
• What do they crave?
• What’s stopping them?
3
In class exercise: Tell the story of your
pitch’s hero
• Once upon a time…
• Every day....
• But, one day....
• And so....
• Because of that....
• Until finally....
• And, ever since then.....
4
Sharing!
5
6
7
Pitching is theater
8
Showcase judging rubric, again
• Team Chemistry
• Problem statement
• Proposed solution
• Business model & financial potential
• Presentation skills
• Potential for success of prototype
• UX/UI/Human factor of the prototype
• Technical Achievement of the Prototype
• Wildcard
9
Sneak peek for ShowCase Day:
Content to cover in 10 minutes
• Tell a story – grab their interest
• Market / customer / problem, needs and wants / total
addressable market (TAM). Why this matters.
• Solution / how’s it better, what makes it special
• Product demo – what it does, what it could become
• Making money – how you reach the customers; pricing;
biz model; financials
• Team / what makes you special
• Summary and “ask” (e.g. seed money; recruiting advisors)
10
Putting it all together
11
+Content =
• Improving medication adherence
MEMSI | JANUARY 21, 2017
Example slide decks / great pitches
• Slide templates
• Guy Kawasaki has a great infographic that provides a 10-slide
budget for a good pitch deck.
• LearnLaunch provides a more flexible guideline for a good pitch
deck.
James Currier: "Hit it Hard".
• Videos outlining how to pitch
• Simon Sinek: "How great leaders inspire action".
• David Rose: "How to pitch to a VC "
14
15Check	out	the	venue	and	get	comfortable	with	owning	the	space
Know	your	audience	and	tailor	your	pitch	for	their	needs
Meet Laura...
A recently married, career-focused college graduate
Don’t	drown	the	audience	in	meaningless	minutiae
19Use	simple,	powerful	visuals	to	help	highlight	your	message
Quick tips on effective pitches
• Focus on the audience – what do they need?
• Tell stories – make an emotional connection
• Use powerful images – very few words
• Simplify – less is more
• Don’t cram a 60 minute talk into 15 minutes
• Don’t have 6 speakers in a 15 minute talk
• If more than 1 speaker: Make 1 the lead/MC
• Practice – especially the beginning
• Be prepared for Q&A – have backup data/slides
20
Getting rid of butterflies
21
GET SOME
SLEEP!!
22
Questions?
23

MEMSI June: Great pitches

  • 1.
    MIT Entrepreneurship and MakerSkills Integrator Great pitches June 14, 2017
  • 2.
  • 3.
    For your pitch •Who is the hero? • What is the world they live in? • What do they crave? • What’s stopping them? 3
  • 4.
    In class exercise:Tell the story of your pitch’s hero • Once upon a time… • Every day.... • But, one day.... • And so.... • Because of that.... • Until finally.... • And, ever since then..... 4
  • 5.
  • 6.
  • 7.
  • 8.
  • 9.
    Showcase judging rubric,again • Team Chemistry • Problem statement • Proposed solution • Business model & financial potential • Presentation skills • Potential for success of prototype • UX/UI/Human factor of the prototype • Technical Achievement of the Prototype • Wildcard 9
  • 10.
    Sneak peek forShowCase Day: Content to cover in 10 minutes • Tell a story – grab their interest • Market / customer / problem, needs and wants / total addressable market (TAM). Why this matters. • Solution / how’s it better, what makes it special • Product demo – what it does, what it could become • Making money – how you reach the customers; pricing; biz model; financials • Team / what makes you special • Summary and “ask” (e.g. seed money; recruiting advisors) 10
  • 11.
    Putting it alltogether 11 +Content =
  • 12.
  • 13.
  • 14.
    Example slide decks/ great pitches • Slide templates • Guy Kawasaki has a great infographic that provides a 10-slide budget for a good pitch deck. • LearnLaunch provides a more flexible guideline for a good pitch deck. James Currier: "Hit it Hard". • Videos outlining how to pitch • Simon Sinek: "How great leaders inspire action". • David Rose: "How to pitch to a VC " 14
  • 15.
  • 16.
  • 17.
    Meet Laura... A recentlymarried, career-focused college graduate
  • 18.
  • 19.
  • 20.
    Quick tips oneffective pitches • Focus on the audience – what do they need? • Tell stories – make an emotional connection • Use powerful images – very few words • Simplify – less is more • Don’t cram a 60 minute talk into 15 minutes • Don’t have 6 speakers in a 15 minute talk • If more than 1 speaker: Make 1 the lead/MC • Practice – especially the beginning • Be prepared for Q&A – have backup data/slides 20
  • 21.
    Getting rid ofbutterflies 21
  • 22.
  • 23.