As you recruit talent, explain your concept, and promote your vision it is essential that everyone understand the purpose of the business and how you achieve your goals. Often, founders forget how important sharing your vision with your own team is in the early stage.
A 7-10 slide pitch deck is a common introduction to potential investors. Investments are often made based on the pitch deck alone. Losing an audience with a mediocre pitch deck means you won’t get a chance to explain yourself. If your deck is done well, excited investors will ask for details to close the deal.
Competing in pitch competitions helps improve your business presentation skills, but can also bring real capital into your business without equity dilution. This is important.
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