Can't start pitching investors because you can't seem to finish your business plan?
Kevin Steger, founder of the StartupReport, shared what he calls his Two Pager for anyone starting a business and looking for investors.
"Every entrepreneur thinks about their opportunity from their unique perspective, e.g. the artist focuses on the product, the salesman focuses on how to sell. This document is designed to get entrepreneurs to think from different angles."
"Also, in my experience, entrepreneurs waste a lot of time re-writing 20-page business plans. My advice is to let the Two Pager be your headwaters and to always keep it current. It's the movie trailer for your business."
So get on with it. Copy and paste the below, and good luck.
So get on with it. Copy and paste the below, and good luck.
Your Company
Portland, OR
USA
Seeking $0.00 (USD)
Seed Funding
Preferred Stock
***
Instruction: This document is intended to be a precursor to sending an investor
a full business plan. If this
document exceeds two pages when you are finished you have included TOO MUCH
INFORMATION. Limit each section to a few key sentences. ***
Elevator Pitch
In
brief summary, why is this opportunity a good one? Why should an investor put their money in this? What makes
the timing or industry special?
Products & Services
Briefly
describe the product you are offering. Why is it disruptive? What
problem does it solve for the market you're chasing? How much does it sell for?
Market Sizing
How
many people or businesses would use this product or service? Are you targeting a specific
demographic? Exact numbers are not
required. What percentage of this
market do you think you can obtain in year one, two, three?
Sales & Marketing
How
are you going to sell? Are you
attracting visitors through inside sales calls, online marketing, etc.? Who closes the deal? Does the user sign up on their own or
does a salesperson get a deal signed? How
are you going to secure your percent of the addressable market share?
Barriers to Entry
What
have you put in place to prevent others from moving into your space? Patents? Do you have an early mover advantage? Do you have relationships in the
industry that will allow you to be more successful than your competitor?
Known Competitors
Competitors
are not a bad thing. They show
investors that there is a market here that is recognized by others. Zero competitors is a red flag. If your company is disruptive to an
existing industry please indicate how, e.g. Netflix was disruptive to brick & mortar movie rental stores.
Executive Team
Brief
bio for each team member. List
relevant experience.
Directors and Advisors
Same
as above. Are you recruiting
veterans and “rock stars” from your space? You should be! Do you have a start-up advisor? Think about all areas of your business and recruit mentors for each
area.
Exit Strategy
Be
realistic! Who will be interested
in the value your company is creating?
Company Info Investor Contact Info
Web
URL: www.yourcompany.com Name, Position
Employees:
1
Email: you@yourcompany.com
Email: you@yourcompany.com
Founded:
8/18/2003 Telephone: (503) 111-2222

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