Completing your pitch in 60 seconds is no easy task — but sealing a deal can be even harder.
On Entrepreneur Elevator Pitch, our board of investors has all kinds of questions for contestants, digging into their costs, marketing strategies and sales traction (or lack thereof).
On this show, you have to know your numbers — and be able to think fast — if you want to make it out with a life-changing deal.
What else do our investors look for?
As Marc Randolph, co-founder of Netflix and an Elevator Pitch investor put it, "when you're making your pitch, I want you to tell it, not sell it.
Sure, describe your product, but I'm not your customer — I'm an investor.
I want to know that other people are going to like it.
I want to know how that's going to make my investment profitable.
And most importantly, I want to see that you have the chops to make your business work."