Make It Snappy
Learn the valuable art of the one-page pitch.
What's the likelihood of getting your 45-page pitch read by
an investor? Not very, considering he probably has a hundred
pitches just like it on his desk already, says Patrick G. Riley,
author of The One-Page Proposal (ReganBooks). Investors may
not want to tackle a lengthy proposal, but, says Riley, "The
person [can] read [the one-page proposal] on the spot--anybody can
read for two and a half minutes."
The key to making a good one-page pitch is focusing ideas into a
single vision. What do you want the pitch to accomplish? Be clear
in asking for an action. Do you want to get new investors? Get
people to write about your business? Entice a potential client to
choose your service? Though your business is the same, you'll
need to punch up different angles with different audiences, and
write in the third-person voice. Venture fund executives want to
know how your firm fits their needs, so research the VC's
background before writing a pitch. Remember, investors want to see
how you can improve their bottom line.
The brevity of the pitch, however, doesn't mean you do less
research. You still need to have all the facts and figures on hand
that you'd normally put into the 45-pager, and be prepared to
answer the questions that your one-page proposal will elicit if
you've done it right. "It's not a summary; it's
not an introduction," says Riley. "It's asking for an
action."
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