Showing posts with label elevator pitch. Show all posts
Showing posts with label elevator pitch. Show all posts

Monday, September 17, 2012

Why Body Language is Important for Entrepreneurs


If you’re a startup entrepreneur, odds are you’ve practiced your pitch time and time again. Perfecting your pitch is what can land you that big investment you’ve been waiting for.  But there is a good chance you’re neglecting something—and believe it or not, it has nothing to do with the words coming out of your mouth.  You may have the perfect pitch, but do you have the correct body language to match that pitch?

Communication is made up of three parts: what you say, how you say it and what your body says.  Something that is meant to be genuine can easily sound false if all three parts are not working in unison. Investors operate a lot like lie detectors—if you do not communicate to them properly, they will call you out and forgo investment. Entrepreneurs must be aware of how their body language sends messages. 

Eye contact: Whether you’re talking to a camera, an audience or an investor, it is essential to maintain strong eye contact. Eye contact is a sign of honesty and strength.  But, remember, it is not meant to be a staring contest. It’s perfectly okay to blink; too much eye contact can be creepy and forceful. When an investor is talking, be sure to listen not only with your ears, but with your eyes as well.  This shows you’re really listening.

Posture: Your posture communicates how you feel about yourself. In actors terms, posture says a lot about a character.  In fact, actors use the term body center when creating a character. The body center is the point of your body that you decide to be the highest point—everything else hangs from this point.

If your body center is at the bottom of your sternum, your shoulders tend to be hunched over.  This conveys low status and low self-esteem.  A center at the back of your shoulders pins your shoulders back, conveying high status and confidence. Your arms send a message as well.  If their crossed, it can seem like you’re defensive. If they are hanging loosely at your sides, it says you’re relaxed and open.

Handshake: The art of the proper handshake can be a hotly debated topic in the business world. How long to you do it? How strong do you grip? How much eye contact? How much shaking should there be? There have been entire books written on shaking hands. It is true that a handshake can make or break any deal.  Just remember—do what’s comfortable for you, but be strong and confident when shaking hands. 

Confidence: Your motions speak volumes about your confidence and how people view your competence. Never hesitate; everything you do should seem as if it’s planned. It’s the art of being able to act relaxed and natural, but deliberate at the same time.    

First impression: An entrepreneur needs to own whatever room they walk into and positively establish a presence. When giving your pitch, don’t stand in one spot.  Move around a little (but not too much!). This will show confidence, ownership of your personal area and enthusiasm in your product or service. 

Movement: As mentioned earlier, movement is a good thing, but too much movement isn’t.  It is important to avoid fidgeting—whether you’re tapping your feet, messing with your hair, or doodling; all of these are signs of nervousness or boredom. It’s known as a displacement activity (the act of trying to distract yourself from an uncomfortable setting). Nervousness in front of an investor can be disastrous. Try to turn nervous energy into positive energy and enthusiasm during your pitch. 

The key to becoming fluent in your own body language is to identify what you may be doing wrong. Instead of practicing your pitch in front of the mirror or a friend, record it with a video camera. You will always be your greatest critic, just be sure to not dwell on the negatives. Identify them, correct them, and then move on.  Isn’t that what entrepreneurship is all about anyway?  

Monday, June 25, 2012

Herb Sih’s Fire Up: How to Get S*#! Done Fast (Plus a Recap of iKC’s Fire Ups)

iKC hosted Kansas City’s first Fearless Innovators and Ruthless Entrepreneurs’ Unconventional Pitch (also known as Fire Up). Fire Up is an intense 5 minute, 15 seconds-per-slide pitch contest. Understanding what these entrepreneurs were saying during their speedy spiels was the hardest part of these lightning-fast pitches. Here are some details I can recall from the pitching whirlwind.

Kevin Payne, Joel Stephens, Adam Coomes, Doug Richards and Kathy Pate were the entrepreneurs of “Fire Up: The Next Disruptive Innovation”. Five entrepreneurs gave their pitches about products or ideas that should be in the marketplace. The groundbreaking ideas ranged from “non-sexy stuff” to 7-Eleven’s gross profit split to re-engineered human data systems. The presentations and presenters couldn’t have been more different if they had planned it.

The winner of the this Fire Up contest was Doug Richards. His idea was Gamification. The next disruptive innovation that he proposed was a way for a game to produce work-like results. This program is based on experiential psychology. Users will choose an adventure and then receive results based on their performance. Richards believes this new program will replace social media and render the term obsolete.  

This process of super-quick pitches is mind-blowing and bound to boost creativity and innovation. I know I’m motivated to think outside the box, but I’d never be able to pitch anything at Fire Up speed! Kathy Pate let out a huge sigh when she was finished and said, “That was the most stressful 5 minutes of my life!” The entrepreneurs kept the crowd engaged throughout the presentations and we all left Fired Up!

To catch a glimpse of Herb Sih’s Fire Up called How to Get S*#! Done Fast (he participated in Fire Up: The Answers to Questions You Didn’t Know You Had), take a look at this video below (it’s bound to make your mind race!): 


(We apologize—this isn’t the FULL presentation and it also doesn’t have the best quality!  Also, please ignore Allison Way’s random giggles and high pitched shouts at the end).