Dragons den presented us with an opportunity to pitch our idea, Runeasy, to a series of judges from a variety of fields and expertise.
The practice run we had last week was worse than the real pitch. However it did help us by highlighting our lack of ambition when it came to sales predictions and market expansion. From this feedback we altered our finance section and emphasised our future goals at the end of the pitch. Overall I think we were more prepared for the second attempt at pitching. Personally I wouldn’t say it was my strongest quality but over the course of practicing pitching I would certainly say my confidence and delivery improved.
Preparing for the pitch; writing, editing and formatting the photography for the presentation and dealing with last minute difficulties, regarding issues with the printing off the business report, really highlighted each of our team members strengths and our ability to work together as a team.
The pitch itself went relativity smoothly. We finished with 40 seconds to spare which is longer than we predicted but I think in the heat of the moment we may have each accidentally shaved a few seconds off.
Overall the experience wasn’t as bad as it was rumoured to be but I can’t say I’d want to do it again anytime soon.
How to pitch to a VC; https://www.ted.com/talks/david_s_rose_on_pitching_to_vcs