Do you have a brilliant idea for a business? Are you looking for investors to fund your venture? Your idea is only as good as you can present it. If you have a brilliant idea but are unable to present it to venture capitalists in a way that it strikes their fancy then you are not likely to get the sponsorship you are looking for. The best way to present your ideas is through a well-crafted Power Point Presentation. Here are a few tips on how to create a presentation that will wow venture capitalists:
Before presenting your idea, introduce the industry that you are going to launch your business in. Talk about the industry landscape and then specify how you are going to differentiate yourself from the competition.
It’s a good idea to include personal stories in your power point presentation. Talk about what inspired you to want to start the business that you are presenting about. Stories are emotional and powerful and if they are told in an engaging manner they are likely to impress the investors and win you the deal.
If your power point presentation is filled with too much text it will surely bore your audience. It is best to use more images as compared to text. It is easier for people to recall what they see in images as opposed to what they read. According to studies people are able to retain only 10 percent of the information that they read or hear as opposed to 65 percent retention rate when images are used. Therefore use charts, tables and graphs to convey your message.
The main idea behind giving a presentation is to basically show the venture capitalist that your idea is worth their investment. Therefore it is a good idea to showcase some facts and figures about your future business. How much revenue do you think you will be able to earn? What will be the payback period? How soon do you hope to start making profit? What segment of your business do you think will be the cash cow? Including these facts and figures will prove to the venture capitalists that you have done your homework and know what you are talking about.