How to Make a Pitch Deck for Investors Part 4 – Your Solution Slide
Summary
Part 4 of our mini series on how to make a pitch deck for investors in 13 slides.
In this episode we explain exactly what to put on your third slide, your Solution Slide. And…
We give you a fill in the blank script do you know exactly what to put on your solution slide. And again we give you the exact slide Airbnb used to raise money from investors and the second example from Build a Business.
What is this Perfecting Your Pitch Mini Series?
We’re perfecting your pitch so you have the very best chance to raise the money from investors to take your business to the next level.
If you want to raise or borrow money you need the right pitch deck. Do it wrong and it’s the difference between raising the money you need for your business and not raising any.
You’ll get it right by following this simple, proven, battle tested thirteen slide pitch deck outline.
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Hello Friends. Welcome to the show. Today we’re continuing our mini series on how to build a pitch deck for investors so you can raise money for your company and we are on slide number three which is your solution slide in, slide number one, we went over your elevator pitch and what to put on that first slide Slide # two was setting up your problem and what is that problem? We went over two examples and today we talk about your solution and how to set that slide up. Here we go.
Welcome to build the business success secrets. The only podcast that provides straight talk for entrepreneurs whether you’re an entrepreneur, starting with an idea or growing your business. This show is for you. We’ll teach you how to build a strong mindset, powerful body and profitable business so you can achieve success and here’s your host Brandon. See White, we’re building your solution slide and what we’re really doing here if you haven’t been able to tell so far is we’re telling a story be opened up with our elevator pitch.
We talked about the problem and now we provide the solution for people and it makes sense. I want to go back and review two examples that we used to set up this story. First one is Airbnb as review. The problem was prices, important concern for customers booking travel online, hotel’s leave, you disconnected from the city and its culture and there’s no easy way exist to book a room with a local or become a host. And here’s the solution slide three things again, a quick one sentence summary of your solution and then hit those three points for Airbnb.
It was save money when travelling, make money when hosting and share culture and make a local connection to the city. This is the slide that they used to raise money again. The setup is really simple. It is one line should be about 32 font. Should be using 32 font. You really shouldn’t be using anything smaller than 32 font throughout your entire presentation. And then what I like to do also, Airbnb didn’t do this in the next example. Didn’t do it either. I like to add one testimonial below that.
It just gives it some extra month and it shows that it’s not just you pitching this, but that you verified your ideal one and or you already have customers who are talking about you and that gives confidence to investors that this isn’t just an idea, but you’ve actually fleshed this idea out. Even if you’re starting from the beginning, you can still build prototypes, You can still build a web page that says, would you buy this? You can still survey 100 people and say, would you buy this? If you can get that testimonial. So I offer you that as a challenge. If you haven’t done that. If you’re just starting out, if you already have some traction regardless of how much in sales you have, then you can get testimonials. I was talking to an entrepreneur today and she has sales already Shouldn’t have that many testimonials.
I said let’s get 20 testimonials by the end of the month and you can do this with an email. You can compensate people, can give them free product and do whatever that is, but get testimonials. The second example is the build a business success formula. And the problem is building businesses complicated how to from experience people’s hard to find. There’s no easy to follow directions. That’s the problem. The solution is, well, you’re listening to it part of it.
But three things takes the mystery and frustration out of building a business materials are built by a knowledgeable and experienced person entrepreneur business owner and we provide quick, easy fill in the blank worksheets and lessons like this podcast episode so that you can build your business in an easy to understand process, this is it, this is your solution again. Let’s review what we’ve done. We open with our elevator pitch, which is one slide, you can go back to that first episode to know what you need to put on that side.
We set up the problem and we solved that problem. We set up the problem and then we solve that problem with the solution slide tune in to our next episode. When we go over our next slide your market opportunity. Until then we’ll see you soon. Thanks for being generous with your time and joining us for this episode of build a business success secrets Before we go, let me ask you a quick question, Are you the type of person who wants to get 100 out of your time, talent and ideas?
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