Financial Independence
for Every Human

Loading
Freelance to freedom

Tips to Create a Pitch Deck

0:00
0:00

August 3rd, 2022 12:18

How can you put your best foot forward before meeting a potential investor? Making the perfect pitch deck can be daunting. There is often too much information we want to put out in front of the investor, and we explain every little detail of the business we have created. Ultimately, will we be able to convey the essential points? Pitch decks are supposed to be crisp and concise—with the ability to get the message and leave the investor gasping for more. The question is, how does one go about doing this?

It is not a complex process. Sure, it will require some introspection and a lot of editing—often involving the deletion of aspects of the business that might even be part of the genuine thrill from your perspective. But after all, it will come to you. 

Fundamental principles to keep in mind while creating a pitch deck.

1. Keep it Simple 

The age-old marketing proverb still holds in creating pitch decks. You can not expect your prospective investor to have technical knowledge about the processes and details you describe. As Richard Feynman, the incredible physicist and Nobel laureate, once said, the mark of understanding a subject is the capacity to point out its core to someone as if they were a five-year-old. 

Break your business down into the main factors that make it financially attractive. Important questions you can expect to receive while meeting prospective investors: 

What is the target market? 

What is the size of the market? 

How can the market grow? 

What is the revenue number based on sound market research? 

How much can it potentially bring in? What kinds of profitability ratios? 

What would their exit options be?

Your prospective investor would expect you to answer the above in an impressive but understandable manner. Lastly, keep in mind the most crucial aspect of going to the presentation in the first place—be very clear about the problem your business can solve. Weave your business story around this idea.

2. Focus on design

Be very careful about how you make design choices for your pitch deck. As a general rule, try to explain ideas and concepts with graphics. However, do not overwhelm your pitch deck slides with information. Filter through the plethora of information you may have about your business to select details from a financial and marketing perspective.

Apart from this, some general principles of design that you should keep in mind are as follows:

- Keep the style of the pitch deck consistent.

- Make your slides stylish, but do not overtly design them.

- Focus on two or three main numbers or bits of information on each slide.

- Use simple, lucid language when drafting the descriptive parts.

3. Keep it short

A good pitch deck is short. A pitch deck that is too long would inevitably end up losing an investor's interest. One of the most incredible pitch decks online for the world to see is that of Airbnb. Every slide has 2-3 bits of relevant information: short and relevant. 

When it comes to successful pitches, the entire deck required is rarely over 11 slides long. It should be your aim too. Focus on the most integral aspects of your business and the primary forces you expect to underlie the growth of your business in the future. 

You would have far greater leverage when demonstrating your deck and conversing with your prospective investor in a room, simply by stuffing your deck with immense quantities of information. Thus, keep your deck short. Focus on making the presentation so that you will make it as impressive as possible.


Similar Content

Mastering Leadership: Essential Skills for Inspiring and Leading Your Team
Freelance2Freedom Team
Free Courses to Check Out if You're Thinking of Freelancing
Freelance2Freedom Team
5 Amazing Website Tools for Every Entrepreneurs
Freelance2Freedom Team
Advantages of Being a Self-employed
Freelance2Freedom Team
Tips for Building Strong Client Relationships
Freelance2Freedom Team
Top Industries to Work for Expats in Dubai
Freelance2Freedom Team
Tips and Strategies for Launching Your Venture During Challenging Times
Freelance2Freedom Team
Are Co-working Spaces Suitable For Freelancers? Let's Find It Out!
Freelance2Freedom Team
Budgeting Tips for Millennials: How to Manage Your Money in Your 20s and 30s?
Freelance2Freedom Team
High-Income Skills You Can Learn in 2023
Freelance2Freedom Team
Find out: Defining Remote, Freelance, Part-Time, and Flexible Jobs
Freelance2Freedom Team
Navigating the Job Market in Dubai: How to Find the Right Opportunity?
Freelance2Freedom Team
Importance of Market Research in Startup Success
Freelance2Freedom Team
Funding Your Startup: Know about the Different Options Available
Freelance2Freedom Team
Strategies to Earn More Money in Your Career Life
Freelance2Freedom Team
How to Find Clients as a Freelancer in Dubai?
Freelance2Freedom Team
10 Digital Jobs You Must Know in 2023
Freelance2Freedom Team
What is Venture Capital, and How Does It Work? A Comprehensive Guide
Freelance2Freedom Team
The Art of Remote Work: How to Optimize Productivity and Collaboration
Freelance2Freedom Team
How to Build a Successful Startup: Lessons from Top Founders
Freelance2Freedom Team

Comments

You need to Log In to post comments..
AdBlock detected
Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by disabling your ad blocker on our website