Elevator pitch part 1

Elevator pitch part 1

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In the video she discusses:

• review an example pitch

• how conversations with a possible investor begin

• the kind of information that will help persuade an investor

• the kind of information that will help persuade a teacher

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The entrepreneur has to show investors:

• the business idea is clear

• the product is strong

• the opportunity is real

• the business owner is reliable & the business will be managed well

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Who could be possible investors?

• a friend

• a venture capitalist

• a bank

• a family member

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The entrepreneur should always be ready to give:

• a short persuasive speech

• a long persuasive speech

• a short persuasive pitch

• a lecture

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The best definition for pitch is:

• The words or speech an entrepreneur uses to persuade someone to consider supporting the business in some way.

• The lecture an entrepreneur uses to persuade someone to consider supporting the business in some way.

• The preaching an entrepreneur uses to persuade someone to consider supporting the business in some way.

• The talk an entrepreneur uses to persuade someone to consider supporting the business in some way.

Open Ended

Do you consider the following statement true or false? - "You should plan just one pitch for your business."

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A pitch can be:

• as short as 30 seconds

• as long as 50 minutes

• as long as 20 minutes

• as short as 10 seconds

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Why is it called elevator pitch?

• because it is short enough to be given during the average Ferris wheel ride.

• because it is short enough to be given during the average rollercoast ride.

• because it is long enough to be given during the average elevator ride.

• because it is short enough to be given during the average elevator ride.

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The best definition for elevator pitch is:

• a speech that outlines an idea for a business product, service, or project in just 60 to 120 seconds.

• a lecture that outlines an idea for a business product, service, or project in just 30 to 60 seconds.

• a speech that outlines an idea for a business product, service, or project in just 30 to 60 seconds.

• a preaching that outlines an idea for a business product, service, or project in just 30 to 60 seconds.

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Possible pitch audience:

• investors

• customers

• employees

• suppliers

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How many parts an elevator pitch is likely to have?

• hook

• product description

• opportunity statement

• confident closing

• an opening

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Best definition for a hook:

• something that catches someone's love

• something that catches someone's attention

• something that catches someone's sympathy

• something that catches someone's perception

Fill in the Blank

The hook is about a situation that created the business _____________.

Fill in the Blank

The hook should be_______, just two to three sentences long.

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In persuasive speaking, a hook might be:

• an interesting fact

• a question

• a story

• a fantasy