Elevator pitch for entrepreneurs; Sell your business idea in 3 easy steps.

The elevator picht or lift speech is one of the most important tools for an entrepreneur when selling or projecting your business idea, you never know when you could meet the perfect client so that your venture has the lift you've always expected, or with the investor you need to expand your business so it's always better to be prepared.

Then I will guide you in 3 simple steps to achieve a good Pitch that allows you to be clear, precise and fast when presenting it.

1.- Delineate your target audience and define their problem.

Establish key answers to questions such as:
What is my audience?
What need will I satisfy?
How will I meet that need?


2.- Develop the solution with your Value proposal.

Proposes solutions based on:
Your experience
Your knowledge
Initial resources
Resources you need
How will you take your project to success?


3.- Explain your business model.
Clearly explain what is attractive about your project and why they should invest with you and not with another entrepreneur.
How are you going to make money?
How will the investors recover the money?
In what time will you recover it?
Why your project will be a success?

Once the elevator pitch is established, it is time to put it into practice for its presentation. It is very important to rehearse it as many times as necessary, always controlling the time it takes to explain it with the fundamental information to awaken the interest of your interlocutor, practice everything necessary but do not memorize it, try to explain it always showing naturalness without leaving the air in the air. key ideas and the structure of your elevator pitch.

Source https://www.gestiopolis.com