Entrepreneurship Pitch Quiz

Why might an entrepreneur pitch to friends and family?

• Because they are the strictest judges

• Because they are often the first source of funding for startups

• Because they know nothing about business

• Because they are required to invest

What is a good way to start a problem-solution narrative in a pitch?

• I’ve always been good at business.

• How many of you have experienced this problem?

• We can earn lots of money

• This product is the best.

What should you avoid in a pitch deck?

• Clear visuals

• Too much content that hides a weak value proposition

• Simple language

• Your contact information

What is one thing you should do when practicing an elevator pitch?

• Use complicated business jargon

• Memorize and rehearse it aloud

• Make it as long as possible

• Avoid making eye contact

What is a “value proposition”?

• The price of your product

• The benefits customers get from your product

• A list of competitors

• Your personal career goals

What is a pitch deck?

• A set of slides used to present your business idea

• A deck of playing cards with business tips

• A cardboard display for trade shows

• The stage where you give your pitch

How long is a typical elevator pitch?

• 30 seconds to 2 minutes

• 10 -15 minutes

• 1 hour

• 5 - 30 seconds

What is an elevator pitch?

• A pitch given only in tall buildings

• A short, memorized version of your pitch

• A pitch that uses elevator music

• A pitch for elevator companies

Which audience would most likely require a less formal pitch?

• Venture capitalists

• Friends and family

• Competition judges

• Government agencies

What is a pitch?

• A type of sales contract

• A formal presentation where you ask for something, like funding

• A product demonstration video

• A thank-you letter to investors