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Presenting Your Venture
THOUGHT INTO ACTION INSTITUTE
September 2012
WIRELESS:
U/N: tia
P/W: colgate
THOUGHT INTO ACTION INSTITUTE
Topics For Discussion
• Thinking Like An Entrepreneur
• Presenting your Business/Organization in the Most
Effective Way
o We will focus on this at every session, large and small
o It is a Huge Differentiator;
o You can not execute it if you are can not explain it to all of your constituencies
• How to Get What you Want; If You Know How to Ask, You
Will Get What You Need
What Do They Have In Common
THOUGHT INTO ACTION INSTITUTE
THOUGHT INTO ACTION INSTITUTE
Constitution Of A Founder
• Passionate
• Flexible
• No fear of failure
• Decisive
• Perseverance
• Can Take Criticism
• Ruthless
• Powerful Work Ethic
• Leader
• Life Begins at Edge of Comfort Zone
THOUGHT INTO ACTION INSTITUTE
Have In Common?
• The Answer is Not: None of them Graduated From
College-Although True.
THOUGHT INTO ACTION INSTITUTE
Your Business/Product/Organization/etc.
• Four Components of the 30-60 Second Elevator Pitch
o Your Business/Product/Organization Name
o Problem you are attempting to solve
o Your Solution
o Key Benefits
THOUGHT INTO ACTION INSTITUTE
What Is Your Idea? (In 30 Seconds)
• The promised land: clarity, simplicity, and jargon-free.
• Try writing it before you try saying it…and then trim
everything that isn‘t essential.
• And then, be able to say it in one breath……
• The test: can you present your idea in a way that produces
reactions to the idea, rather than ―Hmm—not sure I
understand it.‖
THOUGHT INTO ACTION INSTITUTE
Student Entrepreneurs; Your Ventures
Volunteers to the Front of the Room
THOUGHT INTO ACTION INSTITUTE
‗Company-Maker‘ Interactions
• In any meeting or conversation, there is only One Goal:
o Getting AGREEMENT from that person to do
something that advances YOUR Interest in the TIME
FRAME that You want it done.
• You are going to have to ask for it.
• But, it is a process
THOUGHT INTO ACTION INSTITUTE
Getting Agreement
• How Do You Get Agreement
o Plan and Know what Success Looks Like
• ―don‘t wing it‖
• Research and Understand the other side‘s pleasure and
pain points; Develop a story around being aligned
• Collaborative Selling-The customer is a partner and you
are there to solve his problems and meet his needs.
o For entrepreneurs, sales in not a numbers game
o One important customer/relationship can be a company-maker
THOUGHT INTO ACTION INSTITUTE
Maximizing Your Points Of Contact
• Be very explicit about what you want and what your
product/service/organization will do for the customer
o Refine to perfection your 30-60 second pitch of what your business
or organization does and how it benefits the person you are
meeting with.
• Make sure they understand that you will not waste their
time
• Employ an ―agree-as-you go‖ process
THOUGHT INTO ACTION INSTITUTE
Asking For The Order
• The ―order‖ is what you want from the person you are
speaking with that advances your interest. Can range from
a second meeting to a big check
• Don‘t be afraid to ask for a lot. Top producers have high
turn down rates
• If you are not meeting some resistance, you are not asking
for enough
• Make sure that both sides know what has been agreed to;
Follow-up email.
THOUGHT INTO ACTION INSTITUTE
Most Powerful Words After Agreement
• I am committed to delivering you X by Y date.
• Your personal brand will be completely tied to
fulfilling this promise.
THOUGHT INTO ACTION INSTITUTE
Motivational Clichés - I Got Hundreds
• "Only those who will risk going too far can possibly find
out how far it is possible to go." -- T.S. Eliot
• "Go out on a limb. That's where the fruit is." -- Jimmy
Carter
• "If things seem under control, you are just not going fast
enough." -- Mario Andretti
• "Pearls don't lie on the seashore. If you want one, you
must dive for it." -- Chinese proverb
• "You'll always miss 100% of the shots you don't take." --
Wayne Gretzky
THOUGHT INTO ACTION INSTITUTE
Goal Of A Presentation
• Persuade the Audience to Actually Do Something that They
May Not Have Been Planning on Doing before Hearing
Your Presentation.
-OR-
• Build Alignment Among the Audience on Values, Goals and
Actions
THOUGHT INTO ACTION INSTITUTE
How To Accomplish Presentation Goals
• Fascinate
• Captivate
• NOT Educate
THOUGHT INTO ACTION INSTITUTE
Impact Of Your Presentation?
• Most research suggests that impact is determined:
o 50%: by body language/how you visually ‗present‘
o 40%: by how you sound/tone of voice
o 10%: by content/what you say
• Even if overstated, the implications are clear…..
THOUGHT INTO ACTION INSTITUTE
How To Start
• Don‘t build to your ―conclusion‖ – Start with it.
o My business is going to make investors a ton of
money because…
o This organization will improve the lives of
millions by….
o Adoption of this technology will slow the
melting of the polar ice cap by…
THOUGHT INTO ACTION INSTITUTE
Some Pretty Basic Rules
• You will be nervous.
o Public Speaking is a greater fear than death
• Your technology will at some point break down
o Know it cold without slides
• Don‘t overwhelm the audience with data
o No one wants to drink water from a fire hose
• Keep it simple
o Tell them the time, not how the watch works
THOUGHT INTO ACTION INSTITUTE
What Does ‗Keep It Simple‘ Mean?
• Get to the ―core of the idea‖
• Simple does not mean ―dumbing down‖, mono syllables or
sound bites.
• This process is difficult; What is your most important
point? You have many good ones but only one Most
Important.
• But you have to come up with the ―core‖. Everything else
flows from it.
THOUGHT INTO ACTION INSTITUTE
Core Ideas
• ―Southwest is THE Low-fare Airline‖
• ―It‘s the economy, stupid‖
• These Messages are both Core and Compact. Vital and
Simple;
• You need both. Compact is Not a Virtue without Core
o “The world is flat”
THOUGHT INTO ACTION INSTITUTE
Key To Presentation Success Is SUCCESS
• Simple
• Unexpected
• Concrete
• Credible
• Emotional
• Stories
• Stickiness
From Made to Stick by Chip and Dan Heath
THOUGHT INTO ACTION INSTITUTE
A Few Tips To Keep In Mind
• Show your audience you are happy to be there!
• Take the time to read your audience…and respond
• Focus on your audience, not yourself: tell them only what
they need to know--not all that you know
• Energy is a tool…it is contagious…and better than a triple
espresso for your audience. And it can be delivered by your
voice, body, and face. Use it.
THOUGHT INTO ACTION INSTITUTE
One Bad Meeting Can Kill All Your Work
• Feedback I received from a top Political Consultant for a
Candidate I am working with for NYS Senate
o he wasn't prepared. It is incredibly frustrating. I had been really
clear in my emails as to what needed to happen this morning.
o He also needs to aggressively hire a campaign consultant to do
messaging, media, print material, calls and field. I had given him
the name of a consultant who I think would be the right fit - and he
didn't make that meeting happen
o He's meeting with the Newsday ed board on Tuesday and is not
prepared in the least. I also hope his delivery at the ed board is
slightly more animated than it is in meetings with me.
o He needs a coach/trainer/dominatrix to make this happen
THOUGHT INTO ACTION INSTITUTE
A Few Tips To Keep In Mind
• Don‘t read notes—there is nothing duller on earth than
watching someone read
• Present to the audience. Think about connecting with your
audience
• Get them involved/engaged: intellectually (questions),
physically (your movement), visually (you, visuals, props),
aurally (your voice, music, sounds)
THOUGHT INTO ACTION INSTITUTE
A Few Tips To Keep In Mind
• PRESENT WITH PASSION---it is contagious!
• Remember---you are selling your idea…and selling is the
transfer of emotions…so emote!!
THOUGHT INTO ACTION INSTITUTE
It‘s About Winning
THOUGHT INTO ACTION INSTITUTE
How To End
• You are there for a reason…make sure you know what it is
• Call to Action
• Ask for the Order
• Get Buy-in and Commitment for Next Steps
OTHERWISE, WHAT WAS THE POINT OF
WASTING YOURS AND THEIR TIME

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2 tia presentation 'presenting your venture' 20120929

  • 1. Presenting Your Venture THOUGHT INTO ACTION INSTITUTE September 2012 WIRELESS: U/N: tia P/W: colgate
  • 2. THOUGHT INTO ACTION INSTITUTE Topics For Discussion • Thinking Like An Entrepreneur • Presenting your Business/Organization in the Most Effective Way o We will focus on this at every session, large and small o It is a Huge Differentiator; o You can not execute it if you are can not explain it to all of your constituencies • How to Get What you Want; If You Know How to Ask, You Will Get What You Need
  • 3. What Do They Have In Common THOUGHT INTO ACTION INSTITUTE
  • 4. THOUGHT INTO ACTION INSTITUTE Constitution Of A Founder • Passionate • Flexible • No fear of failure • Decisive • Perseverance • Can Take Criticism • Ruthless • Powerful Work Ethic • Leader • Life Begins at Edge of Comfort Zone
  • 5. THOUGHT INTO ACTION INSTITUTE Have In Common? • The Answer is Not: None of them Graduated From College-Although True.
  • 6. THOUGHT INTO ACTION INSTITUTE Your Business/Product/Organization/etc. • Four Components of the 30-60 Second Elevator Pitch o Your Business/Product/Organization Name o Problem you are attempting to solve o Your Solution o Key Benefits
  • 7. THOUGHT INTO ACTION INSTITUTE What Is Your Idea? (In 30 Seconds) • The promised land: clarity, simplicity, and jargon-free. • Try writing it before you try saying it…and then trim everything that isn‘t essential. • And then, be able to say it in one breath…… • The test: can you present your idea in a way that produces reactions to the idea, rather than ―Hmm—not sure I understand it.‖
  • 8. THOUGHT INTO ACTION INSTITUTE Student Entrepreneurs; Your Ventures Volunteers to the Front of the Room
  • 9. THOUGHT INTO ACTION INSTITUTE ‗Company-Maker‘ Interactions • In any meeting or conversation, there is only One Goal: o Getting AGREEMENT from that person to do something that advances YOUR Interest in the TIME FRAME that You want it done. • You are going to have to ask for it. • But, it is a process
  • 10. THOUGHT INTO ACTION INSTITUTE Getting Agreement • How Do You Get Agreement o Plan and Know what Success Looks Like • ―don‘t wing it‖ • Research and Understand the other side‘s pleasure and pain points; Develop a story around being aligned • Collaborative Selling-The customer is a partner and you are there to solve his problems and meet his needs. o For entrepreneurs, sales in not a numbers game o One important customer/relationship can be a company-maker
  • 11. THOUGHT INTO ACTION INSTITUTE Maximizing Your Points Of Contact • Be very explicit about what you want and what your product/service/organization will do for the customer o Refine to perfection your 30-60 second pitch of what your business or organization does and how it benefits the person you are meeting with. • Make sure they understand that you will not waste their time • Employ an ―agree-as-you go‖ process
  • 12. THOUGHT INTO ACTION INSTITUTE Asking For The Order • The ―order‖ is what you want from the person you are speaking with that advances your interest. Can range from a second meeting to a big check • Don‘t be afraid to ask for a lot. Top producers have high turn down rates • If you are not meeting some resistance, you are not asking for enough • Make sure that both sides know what has been agreed to; Follow-up email.
  • 13. THOUGHT INTO ACTION INSTITUTE Most Powerful Words After Agreement • I am committed to delivering you X by Y date. • Your personal brand will be completely tied to fulfilling this promise.
  • 14. THOUGHT INTO ACTION INSTITUTE Motivational Clichés - I Got Hundreds • "Only those who will risk going too far can possibly find out how far it is possible to go." -- T.S. Eliot • "Go out on a limb. That's where the fruit is." -- Jimmy Carter • "If things seem under control, you are just not going fast enough." -- Mario Andretti • "Pearls don't lie on the seashore. If you want one, you must dive for it." -- Chinese proverb • "You'll always miss 100% of the shots you don't take." -- Wayne Gretzky
  • 15. THOUGHT INTO ACTION INSTITUTE Goal Of A Presentation • Persuade the Audience to Actually Do Something that They May Not Have Been Planning on Doing before Hearing Your Presentation. -OR- • Build Alignment Among the Audience on Values, Goals and Actions
  • 16. THOUGHT INTO ACTION INSTITUTE How To Accomplish Presentation Goals • Fascinate • Captivate • NOT Educate
  • 17. THOUGHT INTO ACTION INSTITUTE Impact Of Your Presentation? • Most research suggests that impact is determined: o 50%: by body language/how you visually ‗present‘ o 40%: by how you sound/tone of voice o 10%: by content/what you say • Even if overstated, the implications are clear…..
  • 18. THOUGHT INTO ACTION INSTITUTE How To Start • Don‘t build to your ―conclusion‖ – Start with it. o My business is going to make investors a ton of money because… o This organization will improve the lives of millions by…. o Adoption of this technology will slow the melting of the polar ice cap by…
  • 19. THOUGHT INTO ACTION INSTITUTE Some Pretty Basic Rules • You will be nervous. o Public Speaking is a greater fear than death • Your technology will at some point break down o Know it cold without slides • Don‘t overwhelm the audience with data o No one wants to drink water from a fire hose • Keep it simple o Tell them the time, not how the watch works
  • 20. THOUGHT INTO ACTION INSTITUTE What Does ‗Keep It Simple‘ Mean? • Get to the ―core of the idea‖ • Simple does not mean ―dumbing down‖, mono syllables or sound bites. • This process is difficult; What is your most important point? You have many good ones but only one Most Important. • But you have to come up with the ―core‖. Everything else flows from it.
  • 21. THOUGHT INTO ACTION INSTITUTE Core Ideas • ―Southwest is THE Low-fare Airline‖ • ―It‘s the economy, stupid‖ • These Messages are both Core and Compact. Vital and Simple; • You need both. Compact is Not a Virtue without Core o “The world is flat”
  • 22. THOUGHT INTO ACTION INSTITUTE Key To Presentation Success Is SUCCESS • Simple • Unexpected • Concrete • Credible • Emotional • Stories • Stickiness From Made to Stick by Chip and Dan Heath
  • 23. THOUGHT INTO ACTION INSTITUTE A Few Tips To Keep In Mind • Show your audience you are happy to be there! • Take the time to read your audience…and respond • Focus on your audience, not yourself: tell them only what they need to know--not all that you know • Energy is a tool…it is contagious…and better than a triple espresso for your audience. And it can be delivered by your voice, body, and face. Use it.
  • 24. THOUGHT INTO ACTION INSTITUTE One Bad Meeting Can Kill All Your Work • Feedback I received from a top Political Consultant for a Candidate I am working with for NYS Senate o he wasn't prepared. It is incredibly frustrating. I had been really clear in my emails as to what needed to happen this morning. o He also needs to aggressively hire a campaign consultant to do messaging, media, print material, calls and field. I had given him the name of a consultant who I think would be the right fit - and he didn't make that meeting happen o He's meeting with the Newsday ed board on Tuesday and is not prepared in the least. I also hope his delivery at the ed board is slightly more animated than it is in meetings with me. o He needs a coach/trainer/dominatrix to make this happen
  • 25. THOUGHT INTO ACTION INSTITUTE A Few Tips To Keep In Mind • Don‘t read notes—there is nothing duller on earth than watching someone read • Present to the audience. Think about connecting with your audience • Get them involved/engaged: intellectually (questions), physically (your movement), visually (you, visuals, props), aurally (your voice, music, sounds)
  • 26. THOUGHT INTO ACTION INSTITUTE A Few Tips To Keep In Mind • PRESENT WITH PASSION---it is contagious! • Remember---you are selling your idea…and selling is the transfer of emotions…so emote!!
  • 27. THOUGHT INTO ACTION INSTITUTE It‘s About Winning
  • 28. THOUGHT INTO ACTION INSTITUTE How To End • You are there for a reason…make sure you know what it is • Call to Action • Ask for the Order • Get Buy-in and Commitment for Next Steps OTHERWISE, WHAT WAS THE POINT OF WASTING YOURS AND THEIR TIME