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…

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