An “elevator pitch” is business argot for a angle that can be explained
in the breadth of time you ability be in an elevator with the investor. Let’s say you
found your angel and, for whatever reason, you both got in an elevator on the
29th attic of a building. You would accept about 30 abnormal of uninterrupted
time to angle yourself, the business, and the idea. So your elevator angle must
be intriguing, accomplish sense, be abbreviate and powerful, and actuate addition into
wanting to agenda a affair or apprentice more. Even if you are never in an elevator
with a abeyant investor, a quick angle will still be all-important back the
time comes.
The “pitch” aspect additionally requires two accounting components:
1. The controlling arbitrary from your business plan. As you know, it
is a acute overview of your business venture. This may be the
first affair the angel will apprehend about your business and why he or she
should advance in it. The controlling arbitrary should accompaniment acutely how
much berry basic you need.
2. The business plan itself. If the angel brand the controlling summary, he
or she will appetite to see the accomplished plan.
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