Entrepreneur Elevator Pitch Season 3 Episode 7: Is There Actually a Business Here?
The judges say they take bribes, but mostly they give funding, credit and advice.
There are many important aspects to pitching investors -- the product or service, your confidence level, your ask and a dozen other factors. But, when you're considering how to make your own pitch, you might start with something even more basic than a business idea: What is something tangible I can show potential investors?
In this week's Entrepreneur Elevator Pitch, we hear the judges admit, "We take bribes." They don't mean it literally -- only that that they like having something physical to touch, see and understand. Whether you're pitching a new electronic device or a lifestyle brand, it's vital that the people you pitch can see your value.
For one of the entrepreneurs in this episode, the tangible draw is growth numbers. The technology startup previously pitched one of the four investors, but at the time it was considered too early in the process to fund. However, after its founder proved that he could grow the idea, he was given a second chance to wow the judges.
Another of the entrepreneurs hands out specially designed notebooks, which tug at the judges' hearts.
But, is that enough to get them to invest? Stream this week's Entrepreneur Elevator Pitch to find out.