Competition Advice: Rose Francis Elevator Pitch

Advice from the competition mentors

JPEC Student IdeaStorm, November 19, 2013For all of you out there working on and perfecting your elevator pitch at a chance to win the Rose Francis competition, take a look at these tips that the mentors believe will give you a good chance at winning.

  1. COMMUNICATE:
    Use the 5 C’s to help you get through the competition.
    Clear – Make sure the judges understand what your idea is.
    Concise – Keep is short and simply. Mention the aspects of your idea that will solve a certain problem.
    Correct – Get your facts straight!
    Complete – Don’t leave them on a cliff hanger. Give them the whole enchilada.
    Compelling – Grab their attention. Make them feel like they NEED your idea in their life.
  2. TIMELINE:
    Show how the product will get from point A to point B. From innovation, production and marketing what’s going on with the product? What specifically do you need to do to get your product ready ‘for sale’?
  3. ANTICIPATE:
    Be ready for the failures that you may have to overcome. Don’t put yourself in a seat where you don’t realize what may happen because you just don’t want to think about that horrible possibility. Be prepared if things don’t go as planned and have a back-up.

 

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