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Pitch to Investors - Entrepreneurship Example

Pitch to Investors - Entrepreneurship Example

Süžeeskeem Kirjeldus

Jordan's TagBack team pitches the hook, problem, solution, proof, money, and a $500-for-10% ask to a panel of three investors.

Süžeeskeem Tekst

  • Libisema: 1
  • Hook
  • "Our school threw away two bins of hoodies last June. That's about $2,000 of clothes."
  • Libisema: 2
  • Problem
  • Students lose things every week; parents pay to replace them.
  • Libisema: 3
  • Solution
  • An iron-on QR tag: scan it and the owner gets a private message.
  • Libisema: 4
  • Customers and Proof
  • 31 parents pre-ordered the $10 family pack in one week.
  • Libisema: 5
  • Money
  • Cost $3.50 per pack, price $10, profit $6.50; we break even after 20 packs.
  • Libisema: 6
  • The Ask
  • "We're asking for $500 for 10% of TagBack to buy a label printer and supply 3 more schools."