you're reading...
Entrepreneurship

The 5 Minute Business Plan

Working on an idea and need to figure out the profit model but not the whole plan!

If you’ve ever watched an episode of Shark Tank or witnessed a desperate business owner trying to pitch his product to a potential customer you may have observed something interesting: the guy or gal on the other side of the desk often knows within the first 15 seconds how the meeting’s going to end. It’s very much like a first date: It’s either an immediate  and absolute “No” or a gradual almost seductive narrative to a possible “Yes!”

The goal then is not to totally bore your audience in the first few minutes. Now although the dating example will have to wait for another time, in entrepreneurship its a dual-play between the entrepreneur and the actual business.

So let’s get started.

There are 10 things that every potential investor, buyer or associate wants to know. Everything else is commentary.

Follow the Rule of 10 / 20/ 30

  • 10 Slides – That’s all…

View original post 289 more words

Advertisements

Discussion

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Upcoming Events

  • Startup Sales Ladies Happy Hour February 19, 2019 at 6:00 pm – 8:00 pm The Black Sheep Pub & Restaurant - 247 S 17th St - Philadelphia, PA, us For full details, including the address, and to RSVP see: https://www.meetup.com/Startup-Sales-Ladies/events/258298114 6 pm - 8 pm Networking Happy Hour! There will be sales topics of conversation we can discuss. Locat...
  • 1810 Accelerator Partner Preview Event February 26, 2019 at 5:00 pm – 7:30 pm 1810 Liacouras Walk, Philadelphia, PA 19122 Join us the evening of February 26th for an exclusive first look at Temple University Innovation & Entrepreneurship Institute's new 1810 Accelerator Partner Preview Event. Tour the new space which includes a collaboration lab, mentoring area, creativity lab, and accelerator. Learn more about new and exciting ways to get involved with Temple Entrepreneurship + meet…

Enter your email address to follow this blog and receive notifications of new posts by email.

Archives

%d bloggers like this: