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23 PITCH COMPETITION QUESTIONS WHICH YOU MUST KNOW

<br>Pitch competitions are a reality of startup life, as common as coffee mugs that say “Hustle Harder” or thought leaders expounding on the need for “grit.”<br><br>Still, even the smartest entrepreneur isn’t always ready for what competition judges might ask. During Steve Case’s Rise of the Rest tour, a seven-city road trip across the U.S. highlighting entrepreneurs outside the major startup hubs, founders in Phoenix participated in their own mock pitch competition, allowing them to practice and polish their answers.

TanyaMaheshwari
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23 PITCH COMPETITION QUESTIONS WHICH YOU MUST KNOW

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  1. 2016 23PITCH COMPETITION QUESTIONS WHICHYOU MUSTKNOW INFOCREST

  2. Introduction Pitchcompetitionsarearealityofstartuplife,as commonascoffeemugsthatsay “HustleHarder” or thoughtleadersexpoundingontheneedfor “grit.” Still,eventhesmartestentrepreneurisn’talways readyforwhatcompetitionjudgesmightask. DuringSteveCase’sRiseoftheResttour,aseven- cityroadtripacrosstheU.S.highlighting entrepreneursoutsidethemajorstartuphubs, foundersinPhoenixparticipatedintheirownmock pitchcompetition,allowingthemtopracticeand polishtheiranswers.

  3. Goals 1.What’syourtoppriorityin thenextsixmonths? 2.What’syourexitstrategy?

  4. Thebasics 3.Howdoesyour product/servicework? 4.Whoisyourcustomer? 5.Doyouhavecontracts andifso,howoftendothey renew?

  5. Theteam 6.Whyisyourteamtheteam tobringthistomarket? 7.Yousayyou’llhave100 staffersinfiveyears.You havesixnow.Whatwillthose newstaffersdo?

  6. Advantages 8.Whyisyour product/servicebetterthan what’salreadyonthemarket? 9.Whoareyourcompetitors? 10.Doyouhaveapatent?

  7. Partnerships 11.Ifyouwintheinvestment, whatwouldthatpartnership looklike? 12.You’vesecuredastrategic partnership.Isthat partnershipexclusive?Andif not,isthataliability?

  8. Growth 13.What’syourbarrierto capacity? 14.What’syourexpansion strategy?

  9. Pricingand revenue 15.Howmuchofyourrevenueisfrom upsells?Andhowdoyouseethat changingovertime? 16.Everyonesaystheycanmonetizethe datatheycollect.What’syourplan? 17.Canyouexplainyourrevenuemodel? 18.What’syourmargin? 19.Areyouchargingtoolittle? 20.Areyouchargingtoomuch?

  10. What’sahead 21.Howwillyougetto1 millionusers? 22.Isthistrendsustainable? 23.Whatregulatoryapprovals doyouneedandhowhave youprogressedsofar?

  11. FB.ME/INFOCRESTFINWEB @INFOCRESTFINWEB @INFOCREST_FINWEB WWW.INFOCRESTBIZ.COM 209 , THE HORIZON, 11/5 SOUTH TUKOGANJ, NATH MANDIR ROAD, INDORE, MADHYA PRADESH 452001, INDIA PHONE : +91 7471123307 EMAIL : SALES@INFOCREST.IN

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