Develop and Fine-Tune Your Elevator Pitch

Develop and Fine-Tune Your Elevator Pitch

Develop and Fine-Tune Your Elevator Pitch

Why This Is Important

An elevator pitch is a brief, persuasive speech you can use among funders and investors to spark interest in your venture and communicate how it provides value to your target audience. A successful elevator pitch introduces you and your innovation in a way that immediately captures the other person’s attention.

How To Do This

Develop a 30-second explanation of the problem you're addressing, your innovative solution, and the impact it will create. Practice pitching with different audiences, and adjust your pitch as needed.

Tips
  • Start with a hook—this could be a  striking statistic, a thought-provoking question, or a relatable anecdote that succinctly highlights the problem you're solving. 
  • Clearly articulate the problem, your innovative solution, and the potential impact, making sure to keep your pitch concise and focused.
  • Outline what sets your innovation apart from existing solutions by focusing on the unique benefits of your approach.
  • Avoid industry-specific terms that might confuse your audience; instead, use simple, powerful language that anyone can understand. 
  • Record yourself practicing your pitch for varying lengths of time: 60 seconds, 30 seconds, 15 seconds.
  • Write different versions of your pitch that are tailored to the different audiences (e.g.,target audience, funders, partners)
  • Conclude with a clear next step, such as an invitation to a demonstration of your innovation, a request for a meeting, or an ask for an introduction.
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