From CultivateGreatness: “To make sure you’re ready to seize the moment when fate puts you on that elevator with Mr. Moneybags, here we give you our advice on delivering an effective “elevator pitch” in as little as a one-minute ride. After all, Mr. Moneybags is always in a hurry and you’ve got to hook him quickly or you’ll never see him again!…
You have to convey all the essential information in a clear and concise manner, communicating in a tone that’s likeable, passionate and also credible.
Remember, the elevator pitch is not designed to take the place of a solid business plan, but is simply intended to capture the attention of a potential investor. If you achieve that, the odds are good that you’ll get a chance to present your business idea in more detail at a later time (part of why having a complete business plan is also a must).”
