You can be on Entrepreneur’s cover!

Entrepreneur Elevator Pitch Season 4 Episode 8: 'This Stands for Everything I Stand Against' Can these entrepreneurs convince the judges to invest in crowded fields like coffee and fashion?

By Entrepreneur Staff

entrepreneur daily

Entrepreneur Elevator Pitch invites ambitious entrepreneurs to step into the Entrepreneur Elevator, then gives them just 60 seconds to pique the judges' interest. It's a high-pressure, fast-paced environment in which startup founders need to race against the clock while maintaining their composure to make a clear, deliberate pitch that covers at least three essential components:

  1. Defining the company
  2. Making the request
  3. Specifying what the investment money will be used for

The investors watch the pitch through a video livestream while the elevator ascends to the boardroom floor. Once the 60 seconds are up, the group votes on whether to open the doors or send the founder back down and pass on investing.

Related: Entrepreneur Elevator Pitch Season 4 Episode 7: 'Open the Doors, Let's Talk'

The first founder in this episode has a big ask for our investors: $250,000 on a $4 million valuation. The only problem? The company hadn't actually made any sales on its mushroom-based jerky. Will the tastiness of samples and promise of an Amazon partnership sway our judges to open the doors?

After, an entrepreneur in the fashion industry fumbles his pitch, leading the judges wondering about basic questions like what the company is and whether it has products. Then, the founder of an eco-friendly instant coffee company impresses the judges with his progress but has to wrestle with the fact that he is still very early on in the process. Will he able to convince the investors that he's worth the risk?

To see the answers, watch more pitches, and check-in with one of the companies from seasons past, click play.

Entrepreneur Elevator Pitch in partnership with Sports 1 Marketing streams Wednesdays on entrepreneur.com. Follow Entrepreneur Elevator Pitch on Facebook, YouTube and IGTV.

Entrepreneur Staff

Entrepreneur Staff

Editor

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

More from Entrepreneur Elevator Pitch

Who Wins Big on the High-Stakes Season Finale of 'Elevator Pitch'?

What Should You Value More — An Investor's Money or Their Experience?

'That Was Ridiculous!' See What Left One Investor Exasperated on the New Episode of 'Elevator Pitch'

It Was All Going Great Until Someone Said the F-Word. Watch an All-New Episode of 'Entrepreneur Elevator Pitch'!

Business Solutions

Learn Python for Software Engineering for Just $20

Learn the world's most popular programming language and apply it for your business's success.

Management

Strong Leaders Use These 4 Strategies to Build Trust in Their Workplace

Building trust is crucial for peak performance, whether your company goes fully remote, hybrid or follows another model. Research backs this up loud and clear.

Data & Recovery

Add Extra 20% Savings to This Complete CompTIA Course Bundle Through April 16

Give your IT career goals a boost with this low-priced package.

Leadership

The Unseen Reason You Feel So Overwhelmed — and How It Impacts Your Business

Feelings of tiredness and exhaustion are on the rise. Here are a few tips to combat the symptoms within your own business to boost productivity and employee morale.

Cryptocurrency / Blockchain

From Idea to Lucrative Side Hustle — Why Bitcoin ATMs Are the Future of Currency Exchange

Bitcoin ATMs present a lucrative opportunity — the market is projected to grow to $16.85 billion by 2033.

Marketing

What Damian Lillard Taught Me About Personal Branding

Most entrepreneurs don't realize how valuable their personal brand is. Here's what you can learn from Damian Lillard.