Entrepreneurship Foundation News | 05/20/2015
Elevator pitches are all the rage right now. Looking at the way the world works, people act like they barely have enough time to put down their cell phones or tablets long enough to do important things like eat and shower. Ask them to pay attention to something that’s not important for more than 5 minutes? That’s blasphemy! Too hard! Luckily, and I’d guess out of necessity, the entrepreneurship and venture capital world has latched on to this idea of an elevator pitch. The story goes that at some point an entrepreneur got on this mythical elevator in some massive building in some huge city. Standing next to him just happened to be a key player in an investment firm that could provide said entrepreneur with venture capital. But, alas, he would only be in this elevator with him for 60 seconds! How could he tell him everything he needed to know to secure funding from his awesome company? It’s no secret, and in the next couple paragraphs we’ll give you some tips to create a winner. In an article for Microsoft Business, Steve Strauss stresses 5 tips that can help you create an effective elevator pitch.