Pitch training for clean tech startups and investors at an RVO event in Baarn, the Netherlands.
How to pitch like a rockstar? Surprisingly, one of the key skills is asking questions instead of talking about how great your technology is
Lean Startup: Problems, market, value proposition & business modelaphwajdm aphwajdm
These are the slides I used at the beginning of October 2015 for a course I was giving to a class of students at Itescia school in Cergy, France. The courses were part of their entrepreneurship curriculum and more specifically focused on the Lean Startup approach. The purpose was to introduce students to an hypothesis-driven approach for entrepreneurship and help them experience by themselves that business "ideas" could be easily challenged, in particular through customer interviews.
Students asked me to share the slides with them so I'm doing it here. Obviously, the slides were more illustrative than anything else so are lacking most of the content.
If you got questions or would like to know more feel free to reach out to me on Twitter @fpietot
Lean Startup: Problems, market, value proposition & business modelaphwajdm aphwajdm
These are the slides I used at the beginning of October 2015 for a course I was giving to a class of students at Itescia school in Cergy, France. The courses were part of their entrepreneurship curriculum and more specifically focused on the Lean Startup approach. The purpose was to introduce students to an hypothesis-driven approach for entrepreneurship and help them experience by themselves that business "ideas" could be easily challenged, in particular through customer interviews.
Students asked me to share the slides with them so I'm doing it here. Obviously, the slides were more illustrative than anything else so are lacking most of the content.
If you got questions or would like to know more feel free to reach out to me on Twitter @fpietot
This is the one that didn't work out.
Read the blog post here:
https://medium.com/@DanielleMorrill/welcome-brad-feld-to-the-mattermark-team-announcing-our-6-5m-series-a-dd9532fc1b39
Are you thinking of starting your own business? Do you have an idea that you want to turn into a reality? Do you want to be your own boss?
If so, then the Business Start Up Boot Camp is for you! It will cover the initial building blocks of setting up a successful business and will provide support, advice, resources, guidance and mentoring to help you create a commercially viable venture.
Startups don't win because of a great vision, but because of a superior strategy. If you want to have the superior strategy, you must simply have a better customer insight. Customer discovery principles can help you to get real insights about your customers.
The first rule is to fall in love with a problem, not your solution or business idea. You must have a clear picture what your product is hired to do. With customer interviews and different types of tests your job is to prove value hypothesis (that people are prepared to pay for your solution).
You can write down all your hypotheses on business model canvas, running lean canvas or even in a spreadsheet. Then you have to constantly sketch out alternative business models by asking yourself difficult questions and testing different assumptions.
Steps to customer discovery include developing a vision, setting the hypotheses, getting out of the building and performing a reality checks. The best way to start the customer discovery process is with the riskiest assumptions.
Important tools that can help you with customer discovery are also segmentation, personas, empathy map and value proposition canvas. After exploiting all the tools you should have a clear picture what are your customer's pains and gains and what are they willing to pay for.
When you are doing the customer discovery interviews to get the market insights you have to avoid doing any behavior predictions or being satisfied with compliments, opinions or stalling. What are you looking for is a real commitment from early-evangelists.
Remember, wrong assumptions are mother of all fu*ck-ups, and with customer discovery you can make sure you are not building your business based on the wrong assumptions.
I give this training at Kennispark Twente to help startups and entrepreneurs build their story and practice their story. It helps them prepare a concise message for their goal and gives advice on how to deliver that message effectively. www.janinkafeenstra.com
This is the one that didn't work out.
Read the blog post here:
https://medium.com/@DanielleMorrill/welcome-brad-feld-to-the-mattermark-team-announcing-our-6-5m-series-a-dd9532fc1b39
Are you thinking of starting your own business? Do you have an idea that you want to turn into a reality? Do you want to be your own boss?
If so, then the Business Start Up Boot Camp is for you! It will cover the initial building blocks of setting up a successful business and will provide support, advice, resources, guidance and mentoring to help you create a commercially viable venture.
Startups don't win because of a great vision, but because of a superior strategy. If you want to have the superior strategy, you must simply have a better customer insight. Customer discovery principles can help you to get real insights about your customers.
The first rule is to fall in love with a problem, not your solution or business idea. You must have a clear picture what your product is hired to do. With customer interviews and different types of tests your job is to prove value hypothesis (that people are prepared to pay for your solution).
You can write down all your hypotheses on business model canvas, running lean canvas or even in a spreadsheet. Then you have to constantly sketch out alternative business models by asking yourself difficult questions and testing different assumptions.
Steps to customer discovery include developing a vision, setting the hypotheses, getting out of the building and performing a reality checks. The best way to start the customer discovery process is with the riskiest assumptions.
Important tools that can help you with customer discovery are also segmentation, personas, empathy map and value proposition canvas. After exploiting all the tools you should have a clear picture what are your customer's pains and gains and what are they willing to pay for.
When you are doing the customer discovery interviews to get the market insights you have to avoid doing any behavior predictions or being satisfied with compliments, opinions or stalling. What are you looking for is a real commitment from early-evangelists.
Remember, wrong assumptions are mother of all fu*ck-ups, and with customer discovery you can make sure you are not building your business based on the wrong assumptions.
I give this training at Kennispark Twente to help startups and entrepreneurs build their story and practice their story. It helps them prepare a concise message for their goal and gives advice on how to deliver that message effectively. www.janinkafeenstra.com
Can you intrigue and entice someone to want to know more about you in 30 seconds or less? When you are on the job hunt, you sometimes have very little time to convey what you can do for a company. So you need a complete, concise, composed, compelling “elevator speech” ready to go at moment’s notice. Join us to learn how to compose one that helps you stand out from the crowd.
Importance of iterative interview of the stakeholdersJeremy Horn
Slides Yogesh Sharma recently used in his discussion w/ mentees of The Product Mentor.
Synopsis: Good product management practice consists of various technics. To develop an excellent product it is really important to understand your customer’s need or to understand the problem your stakeholders are trying to solve. Big question is how do you know that what is the real that stakeholder’s are trying to solve and how relevant is the problem ?
The Product Mentor is a program designed to pair Product Mentors and Mentees from around the World, across all industries, from start-up to enterprise, guided by the fundamental goals…Better Decisions. Better Products. Better Product People.
Throughout the program, each mentor leads a conversation in an area of their expertise that is live streamed and available to both mentee and the broader product community.
http://TheProductMentor.com
Marketing and funnel activity overview. Presentation for small business owners group about what to think about when looking at their marketing and acquiring new customers
PS business is complicated. Arriving at the right balance of delivering customer success along with commercial success is not easy. This presentation of mine attempts to highlight tried and tested strategies that have worked for me again and again.
Financial Advisors Have a Really Tough Challenge. First They Need to Ditch the Product Mentality and Create a Unique Marketing Message. Next They Need to Build a Platform That Seamlessly Integrates Modern Tools and Strategies.
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3. What is an
Elevator Pitch?
• Impactful presentation of a new business,
product, service, or project
• Delivered in time span of elevator ride: 30
seconds - 2 minutes
➡ Sounds simple, but effective elevator pitch
requires thorough sales & market research,
and plenty of rehearsal
4. Goal pitch
• Convince your contact to schedule a longer
meeting with you
• Empowers your contact to convince others to
become interested in your startup
• Resonates, demonstrates sincerity, empathy
and urgency
• Quantifies value proposition
➡ it shows your mastery
5. Hard truth
If you can’t convince someone in a
minute to invest more time and take a
meeting with you, you simply don’t
have a business
6. How long is a pitch?
• 30 seconds
• 1 minute
• 2 minutes
• (5 minutes)
7. Who do you pitch to?
• Co-founder(s)
• Co-founder’s spouse
• Your mother
• Employees
• Board of Advisors
• Partners
• Review Boards
• Media
• Customers
• Investors
• Voters
• Politicians
• ‘Boss’
10. Maybe the best ever
“Do you want to sell sugar water for the rest
of your life, or do you want to come with me
and change the world?”
11. Ingredients
• Customer pain
• Value proposition
• Team
• Bragging rights
- University IP
- Founders trackrecord
- Traction
- etc.
• Founders dream
• Market: TAM and beachhead
12. Value proposition format
• For [the ideal customer]
• Who [has this specific pain or problem]
• Our [product name]
• Is a [product category]
• That provides [this main benefit and reason
to buy]
• Unlike [the primary alternative or competitor]
• Our product [has this unique selling
proposition]
13. Exercise
1. Choose the dream person you want to pitch to and
where you meet him/her
2. Establish common ground
- Compliment, show interest, show you did your homework
- Common friend
3. Demonstrate mastery of your customer’s pain and
organization
- Ask a question! ‘Is it still a problem ...’ - ‘Is [person x] still
your head of R&D
4. Give your pitch: Would you be interested in a solution
for [your pain] that has [state 2 benefits max]?
5. Ask for the meeting!