You're overcomplicating things + Fundraising Fieldnotes - 7.16.21
You're probably overcomplicating your pitch. Here are 2 tips to help
Hey - it’s Jason Yeh 🕺🏻
This is my Friday recap of thoughts I’ve had while helping founders solve their fundraising challenges this past week (7.16.21)
If you have any questions, please reply! I try to get to every comment/question I get :)
You’re overcomplicating the pitch. Here are 2 tips to help
No matter how much I push founders to simplify their pitch, they almost always can simplify it even further. There are a multitude of reasons why this happens:
Not realizing the pitch is more about emotions than data (I will convince this investor with pure logic and numbers alone are the answer!)
Suffering from Imposter Syndrome (They won’t think I’m good enough unless I add more information to prove I’m smart)
Confusing complexity with quality (Our product is so sophisticated. I need to show how deep and complex it is!)
Wanting to be clever (Here’s a fun, 3-word, hyphenated way to describe what my company does! ☠️😵)
Adding “choose your own adventure” scenarios (I’ll put a variety of elements in to excite a wide range of investors)
Thinking the deck needs to close an investment on its own and answer every question (Let’s include every detail and make the deck 30 slides long)
Wanting everyone to like you / the pitch (I’m afraid of rejection so I’ll try to add things that everyone will like)
These are typical mistakes that will make it even more challenging to get an investor interested in your deal. In order to avoid many of these pitfalls, remember these two tips: (continue for the tips…)
On to the Fieldnotes for 7.16.21…
This this this (related to pitch decks)
Also, don’t try to be clever…
Till next week. Stay adamant and be chased.
Jason
p.s. I still quote this meme ha. WHAT’S YOUR NAME??
Small asks!
If you thought this was helpful or enjoyable in anyway, I’d love for you to:
Forward this newsletter with others who would enjoy it
Follow me on Twitter where I’ve begun building in public (my course, my podcast, etc)!
Listen with a friend to Funded, my podcast that tells the rollercoaster stories of how founders raised millions (and subscribe🙏)
Ask me your fundraising questions so I can help you and cover them in a future issue