1. Presenting Great Business Plans New Venture Challenge Waverly Deutsch, Ph. D. 1

2. Two Key Elements  Semantics – What you want to say  Content  Syntax – How you say it effectively  Structure  Slides  Delivery 2

3. Content 3 Everything you know about your subject Does not equal your presentation

4. Elevator Pitch 4 Purpose: Grab listener’s attention Tools: Two sentences Content: Clear statement of your case Not good: We have developed a proprietary algorithm that models moving objects as trajectories and uses a dynamic variable to manage uncertainty. Our technology allows companies to optimize their mobile assets in real- time and develop a whole new class of location-based services. Better: Our software dramatically improves a company’s ability to manage mobile resources like trucks, service personnel and equipment. The system builds on standard tracking systems by proactively notifying dispatchers when schedules are off and enabling them to match resources to requirements on the fly.

5. Selecting Content  Goal  Time available  Audience  Make-up  Size  Interactivity 5  Theme  Key take-aways  Data

6. The 12 Minute Business Plan Pitch  Theme: This is a good business investment  Elevator Pitch provides the context 6 Key Take-Aways:  We solve an important problem  Problem  Solution  We have momentum  Patents/Prototypes  Beta customers  Management team  We are a good investment  Market size  Revenue projections  Barriers to entry/competitive advantage The Ask

7. Nested Diamond Outline 7 Introduction, Theme and Agenda Key Take-Aways and Supporting Data Conclusion and Summary

8. Two Kinds of Transitions 8 Into your first point Between key points Between sections of the presentation To signal the end Between slides  Smooth the flow  Connect the supporting data  Often the one piece of a presentation I script

9. 9 Doing Demos  Practice your transition into the demo  Explain briefly what the audience is about to see  Make sure the technology works smoothly  Limit the amount of data entry you need to do  Show one or two scenarios to get the point across  Have one team member run the computer while another talks

10. Notes on Slides Less is more. Don’t make your audience work too hard.  Bullets are useful... But don’t write out your whole bullet. Always have more to say than is written on your slide. Make sure you use large fonts. A rule of thumb is 16pt minimum for a small room, 20pt minimum for a large room. Use sans serif fonts (fonts which do not have little tails on the letters – exp. Arial not Times New Roman).  Style is important… But don’t choose complex backgrounds that make it hard to find your content. Always use either light text on a dark background or dark text on a light background. Red and Green are bad colors for text. Always, always, always double check all spelling – nothing makes you look less professional than spelling and grammatical errors.  Graphics add variety... And can make many points better than text. Keep graphics simple and always build them as you make the point of the graphic. Animation, while fun, is distracting to the audience. They stop listening to you and start trying to figure out what is going on. Avoid clipart that doesn’t help you make your point. Decorations are pure distraction 10 Simple style Clear text Meaningful graphics Great slides

11. Slides Visually Reinforce Key Points  Intro and Thank You slides  Names on Intro slide, contact info on Thank You slide  Agenda slide optional for investor presentations  Less is more  1-2 minutes per slide minimum  Speak to the slide, don’t skip over content  High information to ink ratio  Informative titles  Clean 1-2 line bullets  Graphics require time and explanation 11

12. 12 Presenting Financials $ 0.02$ 0.2$ 0.9$ 4.6$12.6 $ 0.02$ 0.2$ 0.5$ 2.3$ 4.6 $ 0 $ 0.4$ 2.3$ 8.0 $ 0.01$ 0.08$.04$ 1.5$ 5.0 $(0.1)$(0.3)$(0.2)$ 0.2$ 2.6 20122013201420152016 Total Revenue 0 1 2 3 4 5 6 7 8 9 Product Revenue License Revenue Gross Profit EBITDA Product Revenue Licensing Revenue Gross Profit EBITDA Revenue drivers Breakeven $ in millions

13. Delivery Styles 13 RoleGoalSituations EducatorTeach Academic settings Business conferences Introducing complex new material EvangelistPersuade Consultant to client Change maker to executive team Legal / Political settings MotivatorIncite Action Key note speeches Motivational workshops Political campaign speeches SalespersonClose the Deal Sales calls, Trade shows Fundraising meeting Business plan pitches

14. Delivery Tools  Voice  Clarity  Volume  Pace  Body Language  Eye contact  Movement  Gestures 14

15. Dealing with Q&A  Know and target your judges  Listen  Let the person who presented the content answer first  Give a direct, two sentence answer  OPTIONAL – one team member can add a short comment  Use specific data to win points 15

16. Useful Practice Techniques  Divide up the presentation and practice sections  Practice in front of the mirror  Recruit at least two test audiences  Use tools  PowerPoint’s timer  Tape recorder  Video 16

17. Summary  Content – make your case  Present the business, not the product  Structure  Theme  Key Take-Aways  Slides  7-10 maximum for a 12 minute presentation  Clean bullets  Graphics to illustrate key points  Delivery  Match style to situation  You are selling  Win points during Q&A 17

18. Thank you! Waverly Deutsch waverly.deutsch@chicagobooth.edu 773-612-1188 18