6 Tips for Perfecting your Elevator Pitch

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Investors and competition administrators often don’t want to go through entire business plans only to find that the idea doesn’t fit with what they’re looking for. They often want applicants to outline their idea in a brief, but comprehensive, format.

To combat this, many event administrators offer an “elevator pitch” component in their business plan competition. In fact, elevator pitches are becoming so popular that they often make up an entire competition. Elevator pitches are important to refine because in life, and competitions, one must be able to sell your product/service, your company and yourself to anyone you meet in roughly 2 minutes (the duration of a typical elevator ride). And we’re here to give you a few tips for the crafting and refinement of your elevator pitch.

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