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The goal ofthe business
plan
To introduce the Idea
To provide insight to the Market
To highlight the main Risks
To introduce the Team
To explain the Financial Plan
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Business Plan TOC(1/4)
1. Executive Summary
2. Introduction of the company and its services
• Introduction of the problem. How it is solved currently? What is the solution your
product/service offers?
• Introduction of the service / product
• Introduction of the innovation (can be technology, business model, etc.)
• Current traction (development, patent, downloads …)
3. Introduction of the Market
• Current and expected trends
• Description of the target customer(s)
• Total-, Available and Serviceable Market size
• Barriers of entry to this market (technology, financial, legal)
• Competitors and substitute products
• What is competitive advantage of this service / product?
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Business Plan TOC(2/4)
4. Business Model, Business Strategy
• Who is the ideal customer? What is important for them? How does
the service / product help them?
• Revenue model – how will the company generate money?
• Sales / marketing strategy (channels, tools, messages)
• Main risks and their management
5. Resources
• SWOT Analysis
• Introduction of the team (short intro, missing skills and how to get
them, proposed ownership structure)
• Partners (technology, consulting, legal, sales, …)
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Business Plan TOC(3/4)
6. Roadmap
• Planned steps regarding the service / product for the next 2 years
• Main KPIs and the planned results
• Milestones and success criteria
7. Financial Plan
• Explanation of the main costs (first 2 years)
• Revenue structure and plan (first 2 years)
• Benchmarks, key hypotheses, main assumptions
• Additional important explanations of the financial plan
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Business Plan TOC(4/4)
8. Funding
• Required funding (if multiple stages, then intro individually)
• Long-term expectations (exit, management buy-out)
9. Appendices
• CVs
• Third-party articles, case studies, white papers, market researches
• If conducted, survey or interview results
8.
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PPT format
Take asmany slides as you need
Disregard irrelevant points
Be detailed
Always indicate data source
Don’t overdesign the slides
B US INESS PL A N
Startup
Navigator
This is not for the next
lecture!
Biz plan, Fin plan and Pitch
prez are the three final
deliverables for the course!
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How to start?
•You don’t do a presentation just because that’s your hobby
• Each presentation has a goal
• It has a timeframe
• And an audience
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So if youknow...
WHY
HOW
LONG
WHO
... holy triangle, then you can start
creating your presentation!
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In our case...
WHY
HOW
LONG
WHO
•10 minutes presentation
• + 5 minutes Q&A
• For investors
• Antal Károlyi, business angel
• Zoltán Zsuffa, business angel
• +1 unconfirmed VC
• Because you want “money”
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Investor pitch deck
#1Title slide
• Company name
• Presenter
• Catchy tagline
#2 Problem / opportunity
•What's the problem or market
niche?
•Why is it a real problem?
•To whom isit a problem?
#3 Value proposition
•How do you solve the problem or
satisfy the niche?
•Specific, quantifiable expected
results
•Why will they buy it from you?
#4 Secret sauce
• Tech, product, secret ingredient
• Show screenshots, designs, user
diagrams
• You need a WOW effect here
#5 Business Model
•Who's gonna pay and what for?
•Is it sustainable?
•Why this model?
#6 Launch Plan
• How will you enter the market?
• Action plan for 6 months?
• Expected 1st results?
• Exact and measurable
#7 Competitors
• Who are you up against?
• Why are you better?
• Do you stand a chance?
• Don’t forget the substitutes!
#8 The Team
• Intro
• Relevant experience
• Why are you the best?
• Modest but aggressive
#9 Main numbers
• Why is the good business?
• How much money you need?
• How will you spend it?
• How far will it get you?
#10 Summary
• 5 main takeaways
+ backup slides:
• More numbers
• Anything you’d ask from yourself and you need a slide to
answer
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10 slides area lot for 10
mins!
You don’t need “10 slides”, you need to convey the info
Practice, practice, practice
Startup
Navigator
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Awful, terrible andmiserable slides
#1
• You start to write awfully long, complicated, composite sentences,
because you think you are the new brilliant, awesome Umberto Eco
and you think you can easily beat the late master with his first
sentence in the „Name of Rose”, which is more than a page long.
• You end up using small fonts
• Pale pink doesn’t look goood on white
• I love calligraphic fonts but you cannot read it
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The good slide
•Clean
• Easy to understand
• Looks cool
• Conveys information
• No bullshit
• Using illustrations or charts when needed
• Using only text when needed
• And is using PowerPoint
23.
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Online demo, softwaredemo
• Only for the brave and daring
• If you try it 5 times before the pitch, it will still crash
• Have a screencam video and show that one instead
• If you still want to do it and it crashes, don’t start
debugging. Let it go.
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Title slide andintroduction
• I’m Dénes nice and cool – here for the money, don’t play me
fool...
• Your first sentence is very important!
• Your intro should be honest and attention-grabbing
• Try to stand our somehow!
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Team
• If youare just starting, avoid Vice
President of Thisandthat and Chief
Whatever Officer titles
• Growth Hacker is not in fashion any
more
• Be honest!
29.
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Main numbers
• Maxtable size: should be able to read!
• Use charts, diagrams!
2016 2017 2018 2019 2020 2021
100 105 110 115
400
800
Revenue
55%
24%
22%
Revenue
Nagyvállalato
k
Kisvállalatok
Magánember
ek
Don’t make a
hockey-stick!
2016 2017 2018 2019
10000
18000
23000
36000
16000 17500 19200
24300
-6000 500
3800
11700
Cash-flow
Bevétel Kiadás Egyenleg
30.
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AND: NO „THANKYOU” SLIDE!
Do a summary slide instead!
The 5 most important takeaways
you want to remain on the screen
during Q&A!
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It’s still aninvestor presentation!
• They won’t know the market in details!
• They might have a pro there, but don’t assume that
• You have to use words which anyone can understand
• The investors are numbers people! They will understand that!
• If you can, check the background of the audience!
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Tell a story!
Don’tjust do a presentation!
Do not ever just read the slides!
Be entertaining but convey
information as well!
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How to learn?
•Remember your bedtime stories! They are full of emotional
manipulation!
• YouTube is full of great videos!
• ...but you can find really shitty ones as well
• Participate events!
• US-style pitches rarely get money in Europe (and vica versa)
• Practice practice practice!
• No „Mom test”!
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You are theinvestors!
Each team has 10 million $NC
($tartupNavigator Coins) to invest
You’re going to see 4
presentations
Determine how much you’re
investing and why (we’ll discuss
after the 4 pitches)
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You are theinvestors!
https://www.youtube.com/watch?v=uU74Wz8Hd2g
https://www.youtube.com/watch?v=ImZuMiqMs00
https://www.youtube.com/watch?v=s-A2puVVCKI
https://techcrunch.com/video/disrupt-ny-2017-startup-battlefield-finals-recordgram/