{"id":9313,"date":"2020-10-13T12:38:35","date_gmt":"2020-10-13T10:38:35","guid":{"rendered":"https:\/\/www.dazzlepop.net\/site\/?p=9313"},"modified":"2020-10-13T12:38:41","modified_gmt":"2020-10-13T10:38:41","slug":"4-tips-to-create-your-new-business","status":"publish","type":"post","link":"https:\/\/www.dazzlepop.net\/site\/4-tips-to-create-your-new-business\/","title":{"rendered":"4 Tips to Create Your New Business"},"content":{"rendered":"<div style=\"text-align:center\"><img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"150\" src=\"https:\/\/assets.entrepreneur.com\/content\/3x2\/2000\/1601570442-GettyImages-640968947.jpg?width=700&amp;crop=2:1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"4 Tips to Create Your New Business\" title=\"4 Tips to Create Your New Business\" \/><\/div>\n<h3 class=\"wp-block-heading\">Telling Your Startup Story: 4 Expert Tips to Create the Perfect Investor Pitch for Your New Business<\/h3>\n\n\n\n<p>Your pitch has to persuade people that your <a href=\"https:\/\/www.dazzlepop.net\/site\/category\/startup\/\">startup<\/a> is going to be successful, but also that you&#8217;re the one who will take it there.<\/p>\n\n\n\n<p>When it comes to&nbsp;<a href=\"https:\/\/www.entrepreneur.com\/topic\/pitching\">pitching<\/a>, the odds often seem stacked against startups. Investors reportedly look at pitch decks for only&nbsp;<a href=\"https:\/\/docsend.com\/view\/p8jxsqr\">3 minutes and 44 seconds<\/a>, and for every 1,000 pitches an investor hears, they&nbsp;<a href=\"https:\/\/www.entrepreneur.com\/article\/251311\">only fund<\/a>&nbsp;100 companies. But investors aren&#8217;t in short supply, so there has to be another reason why the window of opportunity is so slim. What if the problem is how founders are telling their startup story?<\/p>\n\n\n\n<p>Think back to when you were a kid. What were the stories that engaged you most? Had you sat upright on your bed, wide eyed, and pleading for your parents to keep reading? Probably the ones that had a strong main character, a detailed background, and were just short enough to get your full attention. In many ways, the best investor pitches have the same traits.\u00a0<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/assets.entrepreneur.com\/content\/3x2\/2000\/1602253327-GettyImages-1250306461.jpg?format=jpg&amp;width=400&amp;crop=3:2\" alt=\"4 Tips to Create Your New Business \" \/><figcaption>4 Tips to Create Your New Business<\/figcaption><\/figure>\n\n\n\n<p>Here&#8217;s how to create the perfect investor pitch, with tips from the experts:<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Know your value, market, and investors.<\/strong><\/h2>\n\n\n\n<p>Before you find yourself in a room full of investors, there are three core areas you need to dive into. First off, define exactly what your value is\u2014that means, what customer pain point you&#8217;re addressing, how you&#8217;re solving it in a new or better way, and why people will be willing to pay for your solution. Start by conducting a number of user interviews to get qualitative data and direct quotes from your targeted audience. Then collect any early traction like sign-ups to free trials, <a href=\"https:\/\/www.dazzlepop.net\/site\/category\/social-media\/\">social media<\/a> engagement, and letters of intent to include in your presentation.\u00a0<\/p>\n\n\n\n<p>Next, look at your market size. This is arguably the most important element of your pitch, because if you can&#8217;t demonstrate that there is a sizable group of people who need your product or service, no investor is going to consider you. You also need to show that you&#8217;re aware of your competitors, and how your market is changing. Look at relevant trends, reports, and expert opinions to ensure that you know your market inside and out; the more in-depth your understanding of it, the stronger your case will be for your new offering.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>Read more: <a href=\"https:\/\/www.entrepreneur.com\/article\/357025\"><a href=\"https:\/\/www.entrepreneur.com\/article\/357025\">entrepreneur<\/a><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Telling Your Startup Story: 4 Expert Tips to Create the Perfect Investor Pitch for Your New Business Your pitch has to persuade people that your startup is going to be successful, but also that you&#8217;re the one who will take it there. When it comes to&nbsp;pitching, the odds often seem stacked against startups. Investors reportedly [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":9315,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_vp_format_video_url":"","_vp_image_focal_point":[],"footnotes":""},"categories":[29],"tags":[31,114,238,6,11,66],"class_list":["post-9313","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-startup","tag-business","tag-engagement","tag-entrepreneur","tag-social-media","tag-startup","tag-trends"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Dazzlepop | 4 Tips to Create Your New Business<\/title>\n<meta name=\"description\" content=\"4 Tips to Create Your New Business Your pitch has to persuade people that your startup is going to be successful, but also\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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content=\"https:\/\/assets.entrepreneur.com\/content\/3x2\/2000\/1601570442-GettyImages-640968947.jpg?width=700&crop=2:1\" \/>\n<meta name=\"author\" content=\"Noura Ibrahim\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/assets.entrepreneur.com\/content\/3x2\/2000\/1601570442-GettyImages-640968947.jpg?width=700&crop=2:1\" \/>\n<meta name=\"twitter:creator\" content=\"@dazzle_pop\" \/>\n<meta name=\"twitter:site\" content=\"@dazzle_pop\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Noura Ibrahim\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" 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