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