Pitch Deck: Need to know Everything, Problems Faced

&NewLine;<p>Everyone starts their own business and want it to grow more and more and earn money&period; So&comma; if you are thinking of raising money in your business then pitch deck is the key component in fundraising toolkit&period; <&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>A great pitch deck attracts the investor towards your ideas and engages&period; In a conversation with your business and hopefully invests in it too&period; In this article I am going to tell you how to make an impressive pitch deck&period; What could be the necessary things to be included in your pitch deck&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>&nbsp&semi;I have seen many pitch decks and presentation styles and found that they all revolve around a same formula&period; So&comma; let’s start from very beginning that is What actually pitch deck is&quest;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<h2 class&equals;"wp-block-heading">What is Pitch Deck&quest;<&sol;h2>&NewLine;&NewLine;&NewLine;&NewLine;<p>Pitch Deck is also known as slide deck or start-up deck&period; It is a presentation that provide brief over view on your business&period; It includes following main points&colon; &&num;8211&semi;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<ul class&equals;"wp-block-list"><li>Business plan<&sol;li><li>Your service<&sol;li><li>Product<&sol;li><li>Funding needs<&sol;li><li>High level financial projections<&sol;li><&sol;ul>&NewLine;&NewLine;&NewLine;&NewLine;<p>It is basically a visual document that tells the story of your business in a brief manner&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<h2 class&equals;"wp-block-heading">Purpose of Pitch Desk &colon;<&sol;h2>&NewLine;&NewLine;&NewLine;&NewLine;<p>We discussed above that it is used to raise money but actually this is not right its main aim is to get to a new meeting&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>Keep in mind that you pitch deck and presentation will be the first step through which the investors go through before investing in your business&period; Pitch deck will show them the brief story of about business and learn about your company before going ahead&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>Pitch deck will help you to spark interest in the investors mind to attract them towards your business&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<h2 class&equals;"wp-block-heading">Necessary Parts of Pitch Desk &colon;<&sol;h2>&NewLine;&NewLine;&NewLine;&NewLine;<p>Here the question arises what we need to include in our pitch deck to make it attract the investors towards our company&quest; So here are the basic as well as necessary things that need to be included in our pitch deck&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p><strong>1&period;&nbsp&semi;Vision and value proposition-<&sol;strong> This is a one-line sentence which is generally overview of the company&period; Better to keep it simple and short&period; Keep 140 characters or less so that it will be easy for the investors to understand more clearly without mixing up with so many words in the pitch deck&period;&nbsp&semi;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p><strong>2&period;&nbsp&semi;The problem-<&sol;strong> Make this slide as a problem-solving slide and mention who all have the problems and how you can solve it in a better way&period; Define the problem in a simple way and make sure that it does not take a long time&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p><strong>3&period;&nbsp&semi;Target Market and Opportunity-<&sol;strong> In this slide mention who is your customer and how many they are&comma; include the market size and your position in the market&period; This slide must have scope and scale of your problem you are solving&period;Be careful with this slide as you are trying to show your position in the market and define your market as large as possible&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p><strong>4&period;&nbsp&semi;The Solution- Finally in this slide-<&sol;strong> Finally in this slide you will get the chance to show your product and service and explain how this will solve the problem&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p><strong>5&period;&nbsp&semi;Revenue model or business model- <&sol;strong>Describe your product and service and talk about how it makes money&period; Every thing about what do you charge and who pays the bills&quest;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<h2 class&equals;"wp-block-heading">Things to keep in Mind &colon;<&sol;h2>&NewLine;&NewLine;&NewLine;&NewLine;<p><strong>1&period; Traction and Roadmap- <&sol;strong>Talk about how your product sales is in today’s time and what you will do to grow your sales&period; You can use this slide to talk about your milestone&period; If you have proof of your validation must include in this slide so that investors can have more clear view of your business&period;&nbsp&semi;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p><strong>2&period;&nbsp&semi;Market and Sales Strategy-<&sol;strong> In this slide you will mention about how you will gain the attraction of customer towards your product and service&period; Use the slide to showcase your sales and marketing plans&period; If your services are different from other competitors&comma; you must highlight it in this slide&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p><strong>3&period; Team-<&sol;strong> Talk about why you and your team is right to build and grow the company&period; Tell them about your experiences and what you and your team did to make the company successful in previous days&period; <&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p><strong>4&period; Financials-<&sol;strong> Investors will see your financial status before investing into your company&period; All your profits and losses with income statements will be taken into consideration before joining hands with your company&period; So&comma; you have to give a brief assumption of you sales goal in this slide only&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p><strong>5&period; Competition- <&sol;strong>Every business has competition in one &nbsp&semi;&nbsp&semi;&nbsp&semi;form or another&period; Describe how you fit into the competitive landscape how you are different from other competitors&period; Tell your secret way that will help you to grow your business&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p><strong>6&period; Investment and Use of Funds-<&sol;strong> It’s time to ask for money from the investors and tell them how you are going to use this fund to grow your service or grow the sales of product&period; Describe how you are planning to us this money&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<h2 class&equals;"wp-block-heading">Problems Faced &colon;<&sol;h2>&NewLine;&NewLine;&NewLine;&NewLine;<p>There are several problems occur while creative an attractive pitch deck&period; Following are some of the problems caused during formation of pitch deck&period; <&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<ol class&equals;"wp-block-list"><li>It is time consuming&period;&CenterDot;&nbsp&semi;&nbsp&semi;&nbsp&semi;&nbsp&semi;&nbsp&semi; <&sol;li><li>Sometimes founders don’t have enough content to add in our pitch deck&period;&CenterDot;&nbsp&semi;&nbsp&semi;&nbsp&semi;&nbsp&semi;&nbsp&semi; <&sol;li><li>Founders does not have enough creative ideas for creating pitch deck&CenterDot;<&sol;li><li>Sometimes founders do not have relevant skills for the job&period;<&sol;li><li>Founders does not know how to present their presentation&period;<&sol;li><li>Founders does not know how to make their content sound interesting&period;<&sol;li><&sol;ol>&NewLine;&NewLine;&NewLine;&NewLine;<p><strong>&&num;8221&semi; For more updates stay connected with <a href&equals;"http&colon;&sol;&sol;www&period;weirdnotion&period;com">WeirdNotion<&sol;a> &&num;8220&semi;<&sol;strong><&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p> &nbsp&semi;&nbsp&semi;&nbsp&semi; 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