Ratan Tata Teaches You How to Pitch Your Startup
Indian industrialist Ratan Tata has proven that Instagram is not all about the flashy images. The 81-yr-old philanthropist is using the social media platform to help budding entrepreneurs bring clarity to their vision.
Earlier this calendar week, Mr. Tata shared a "bones entry-level pitch deck" that could be a crucial resource to all the entrepreneurs out there that lack proper guidance to execute their ideas.
"The immature debuting entrepreneurs amidst y'all are setting out on your exciting startup journeys, but you've often asked what the outset step might be. I have, with the help of my role, put together a basic entry-level pitch deck, which if nothing else, might help you collect your thoughts and get started. I encourage you to research its elements, and create your ain recipe, that helps you seek investments and take your stories further, stories that I cannot wait to run across succeed.", wrote Mr.Tata in an Instagram post.
We have gone through the deck and the following are the key takeaways. Firstly, you must exist clear of the trouble you're trying to solve and validate the trouble with existent-life examples.
Your solution to the problem and your idea'southward Unique Selling Proffer (USP) should be mentioned and so that investors would gain interest in your pitch. The pitch deck suggests you find the competition in the business, revenue model, and the target marketplace.
The way in which your product or service adds value should exist explained in layman terms followed by the milestones achieved and the funding raised so far. Finally, the pitch deck recommends yous to introduce your founding members along with their credentials.
Ratan Tata wants you to validate all the slides yous take included in your presentation with relevant data equally "numbers don't lie". "It is usually not a great idea considering y'all think so, but because your target marketplace said so. Don't exist afraid to recognize that information technology won't work and change direction or drop it completely. The correct idea might exist the next one. Getting funded does not mean success! Pitch less similar a presentation, more like a story!", says Mr.Tata's pitch deck.
Check out the Pitch Deck presentation file here and let united states know if you found this helpful in the comments.
Source: https://beebom.com/ratan-tata-teaches-you-how-pitch-your-startup/
Posted by: edensthinty.blogspot.com
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