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EUROPEAN COURSE IN ENTREPRENEURSHIP FOR THE CREATIVE INDUSTRIES 
1 
 
   
THE
ELEVATOR
PITCH
                                                              
 
 
	 
EUROPEAN COURSE IN ENTREPRENEURSHIP FOR THE CREATIVE INDUSTRIES 
2 
 
Communicating the business idea 
 
Sources:  
 Colin Clark “The Impact of Entrepreneurs’ Investor Forum Pitch Presentation Skills on 
Business Angels” 
 Danilo  Ballota,  Public  speaking  and  presentations  a  critical  review:  The  caring 
speaker, Lisbon, ISCTE, 2009 
 
Let us make a special effort to stop communicating with each other,  
so we can have some conversation 
Mark Twain 
 
 
The “Elevator Pitch” – How Investors Think 
 
To make a great presentation or business pitch it’s important to consider how the investors’ 
mind works, and which are the main aspects that they usually consider to approve or reject 
projects. According this research the main subjects that investors (venture capitalists, business 
angels, private equity,  State funding  agencies,  benefactors)  take in consideration are in the 
table 1 and 2 below. 
 
An  elevator  pitch  (or  elevator  speech  or  elevator  statement)  is  a  short  summary  used  to 
quickly  and  simply  define  a  product,  service,  or  organization  and  its  value  proposition.  The 
name "elevator pitch" reflects the idea that it should be possible to deliver the summary in the 
time span of an elevator ride, or approximately thirty seconds to two minutes. In The Perfect 
Elevator Speech, Aileen Pincus states that an elevator speech should "sum up unique aspects 
of your service or product in a way that excites others." (Wikipedia) 
 
 
 
TABLE 1: Type and frequency of Business Angel’s presentational comments 
 
 
                                                              
 
 
	 
EUROPEAN COURSE IN ENTREPRENEURSHIP FOR THE CREATIVE INDUSTRIES 
3 
 
 
TABLE 2: Frequency of Business Angel’s positive and negative presentational comments. 
 
Considering the Business Angel’s mind‐set, it is important to create great presentations, with 
clear and supported ideas, with a focus in the market with a sustainability business model. 
Therefore,  it  is  also  important  to  expose  your  entrepreneur  characteristics,  and  how  you 
should prepare a pitch session to investors. 
 
 
Pitch session guide lines 
  
1. Prepare and rehearse 
I am easily satisfied with the very best 
Winston Churchill 
To make a great elevator speech, you must find the core message, with a great engage story, 
and only then go on details. Choose the right words, to small and very well comprehensive 
phrases, with an effective beginning and end, spotting the right place for humor, and using an 
appropriate  body  language  to  the  situation.  It’s  highly  recommended  to  make  a  good 
rehearsal,  which  will  probably  inspire  you  and  gives  you  high  confidence  to  “touch”  the 
audience.  Be  sure  about  how  many  time  do  you  have,  and  Keep  you  on  time,  focused  in 
relevance information, and well synchronized with the presentation. If you have lot of  
 
information  and  few  time  speeches,  leave  some  smart  questions  inline  to  be  asked  by  the 
audience in the end of your speech – it will be a strategy to get some extra time. Prepare also 
these answers. 
 Key point: Take the time to prepare carefully each speech and rehearse 
 
2. Start with a ‘bang’ end with a vision 
 
In every phenomenon the beginning remains always the most notable moment. 
In my end is my beginning 
Thomas Carlyle, Mary Queen of Scots 
         
 
 
 
 
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EUROPEAN COURSE IN ENTREPRENEURSHIP FOR THE CREATIVE INDUSTRIES 
5 
 
3. Care about connecting 
It  is  very  important  to  make  a  connection  with  the  audience,  showing  confidence, 
applying rhetoric questions, create a mental structure with the main ideas, expose a 
clear mind‐set about the subjects, making some pauses to emphasizing, which means 
that  is  important  a  certain  degree  of  acting,  but  be  sure  the  audience  see  it  as 
communication propose to telling the true, not to foist ideas. 
 Key point: When speaking in public don’t present, just talk to people 
 
4. Engage with emotions 
 
When dealing with people, remember you are not dealing with creatures of logic,  
but creatures of emotion 
Dale Carnegie 
 
To promote a connection between speaker and the audience, don´t just provide data 
or information. Let the emotions flows, and make the difference between a great and 
vibrating speech from just another one. Engage you public with emotions. “If  you're 
trying to persuade people to do something, or buy something, it seems to me you should use 
their  language,  the  language  they  use  every  day,  the  language  in  which  they  think.  (David 
Ogilvy). 
 Key point: Let emotions go 
 
5. Presenting being present 
Eighty percent of success is showing up 
Woody Allen 
 
The speaker must be conscientious that the audience is there to listening you and see 
what you have to show them, and it must be your propose too – to present new idea 
or proposals, to add more knowledge or to make a challenge to the audience, and at 
last, if you don’t have any important to tell, you must entertain the audience at least. 
In any situation, the speaker must communicate with a non‐verbal language as much 
as the verbal. It is important to establish eye contact with the public, mind the posture, 
use facial expression and gestures, take the space as a stage, and if possible, walk and 
get close with the audience (Whiteford, 1999; Reynolds 2005; Gallo, 2005;). 
 Key point: Talk slowly, pause and look at your public 
   
                                                              
 
 
	 
EUROPEAN COURSE IN ENTREPRENEURSHIP FOR THE CREATIVE INDUSTRIES 
6 
 
6. Learn to use some techniques 
Rhetoric is the art of ruling the minds of men 
Plato 
 
Using rhetorical devices in communication, increase effectively the capacities of the 
speaker and enlarge the possibilities to create empathy with the audience, and create 
more impact, to spread his ideas. Thus, considering the audience, the message tone, 
and the context of the presentation, the speaker may use some of the rhetoric devices 
like: Rhetoric: analogies, simile, anaphoras, metaphors, etc.. 
 
 Anaphora: I have a dream (Martin Luther King) 
 Chiasmus: A pessimist sees the difficulty in every opportunity; an optimist sees 
the opportunity in every difficulty’ (Winston Churchill) 
 Analogy: The iron Curtain (Joseph Goebbels or Winston Churchill) 
 Metaphor: All the world's a stage/And all the men and women merely players 
(Shakespeare)  
 Compare and contrast: Ask not what your country can do for you, ask what you 
can do for your country 
 
 Key  point:  Adapt  your  style  to  gradually  integrate  rhetoric,  visual  images, 
stories and the rule of three 
 
7. Humour works 
A joke is a very serious thing 
Winston Churchill 
 
Some  authors  consider  humor  as  a  way  to  persuade  the  audience,  even  if  it  is  in 
advertising,  education  and  business  (Heinecke  and  Wallinger,  1997  in  Lyttle,  2001; 
Antion, 1998). However, it is very important analyze the atmosphere in the room, the 
kind of the audience is in front of the speaker, and be sure that using humor will be 
helpful  to  generate  a  good  interaction  and  to  break  some  ice,  especially  at  the 
beginning, because it helps the speaker to get some space in the stage, and create 
additional  motivation  form  audience.  Using  humor  is  not  similar  to  pretend  to  be 
funny.  This  technique  must  be  used  as  a  strategy  to  engage  the  audience,  but 
shouldn't  go  beyond  of  the  reasonable  situations.  Indeed  there  is  nothing  more 
embarrassing that trying to be funny in front of a glacial public (Audrieth, 1998). 
 
 Key  point:  Humour  works  when  speaking  in  public,  but  not  always,  not 
everywhere and not for everyone 
 
                                                              
 
 
	 
EUROPEAN COURSE IN ENTREPRENEURSHIP FOR THE CREATIVE INDUSTRIES 
7 
 
8. “Kiss” with your public 
 
I didn’t have time to write you a short letter, so I wrote a long one 
Mark Twain 
 
KISS – Keep It Short and Simple. 
Don’t lose the audience in considerations without relevance. Nobody can retain large 
messages  with  a  lot  of  details,  especially  if  most  of  them  are  insignificant.  If  the 
audience is mostly potential investors, or potential clients, speak about your idea or 
business,  tease  and  persuade  them  until  the  climax  point,  and  let  them  ask  you  to 
become partners and if they can be part of it. This will be the best return that the 
speaker could have from an audience on a business pitch session. If it doesn't goes like 
this, that means you probably had failed your propose. 
 Key point: Just give them the essential and never, never run too long. 
 
 
The Elevator Pitch Guide: 45 presentation tips for startups 
If you want to see more about this subject, you’ll find “The Elevator Pitch Guide: 45 
presentation tips for startups”, with entrepreneurs testimonials in video, that may be 
useful  if  are  preparing  your  pitch  session.  Follow  the  link: 
http://www.presenterimpossible.com/presentation/startup‐pitch‐how‐to 
 
 

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