Entrepreneur Elevator Pitch Season 5 Episode 9: 'Don't Stop! Come On, Dude!'
The ticking clock can throw off even essentially the most brave entrepreneurs.
2 min learn
Entrepreneur Elevator Pitch invitations bold entrepreneurs to step into the Entrepreneur Elevator, then offers them simply 60 seconds to pique the curiosity of a gaggle of judges. It’s a high-pressure, fast-paced surroundings through which startup founders have to race towards the clock whereas sustaining their composure to make a transparent, deliberate pitch that covers a minimum of three important elements:
- Defining the corporate
- Making the request
- Specifying what the funding cash can be used for
The traders watch the pitch by way of a video livestream whereas the elevator ascends to the boardroom flooring. Once the 60 seconds are up, the judges vote on whether or not to open the doorways or ship the founder again down and cross on investing.
The fifth season of Entrepreneur Elevator Pitch presents a dynamic change within the present’s format. Before, our 4 judges wanted unanimous settlement to make a suggestion to the pitching entrepreneurs — together with three out of 4 “yes” votes simply to open the elevator doorways. Now, it solely takes one investor to open the doorways and one decide to make a suggestion. The panel of 4 can then select whether or not they wish to collaborate or compete towards each other.
Related: Entrepreneur Elevator Pitch Season 5 Episode 8: ‘That Tells Me Everything I Need to Know’
The first entrepreneur on this episode of Elevator Pitch spent eight years as a U.S. marine and was deployed twice earlier than spending time as a army teacher. Despite this and his practiced pitch, he can’t assist however stumble originally.
From contained in the boardroom, investor Mike Koenigs encourages the entrepreneur to push via. “Don’t stop!”
“Come on, dude!” says one other of the judges, Kim Green-Kerr.
But will he be capable to rebound and proceed his pitch? If so, will he be capable to impress the traders together with his enterprise acumen along with his background?
“I’m a marine, but going into that elevator and having that clock staring at you … it’s overwhelming,” the entrepreneur says afterward. “It just messes up your whole mental game.”
Watch the video to search out out what occurs and see extra pitches.