You are at a (probably virtual) networking event and it comes time to introduce yourselves. One after the other, the people before you bore the other meeting attendees silly with their dreary descriptions of their work.
Now itโs your turn. Youโre either going to captivate them with a fascinating pitch thatโs relatable and compels your audience to know more, or, youโre going to bomb with a forgettable, boring, lacklustre response. When someone asks you to explain what you do, how are you going to stand out?
Thereโs a lot of fuss about elevator pitches. I once attended a seminar on how to craft one and they taught us a nine-step model. Yep. Nine steps!
This is, quite seriously, complete nonsense. It doesnโt have to be that complicated. In fact, it shouldnโt be complicated, or youโll sound self-obsessed. It is important to get this right though.
Entrepreneurs who donโt have a good elevator pitch may struggle to capture peopleโs attention, which could result in a potential client missing out on the brilliant product or service you have to offer the world.
Intrapreneurs (those who work inside a business), your elevator pitch can be the difference in meeting the right people to get that next perfect role, or not.
Plus, itโs good discipline to be able to explain what you do quickly. It helps you get to the heart of what you do and why you do it.
What is an elevator pitch?
An elevator pitch is a short, clear, business pitch that can be delivered in the time it takes to catch an elevator from one floor to another.
If you want to make the most of opportunities that come your way, you need to be prepared to give an impressive elevator pitch at any time, especially when attending networking events.
How do you deliver a good elevator pitch?
Iโm going to suggest two different styles to you. The first style is very short. I call it the one-line elevator pitch. The other is longer, in case you have just a minute of extra time. Itโs called the five-step pitch.
The one-line elevator pitch
The one-line approach involves explaining in just one sentence how you help people. You can start with, โI help peopleโ, then explain how.
Or you can start with your title and then further explain what that means by outlining how you help people. In Australia, itโs easier to do this one. Youโre less likely to be thought of as a braggart.
Here are some examples:
โAs a strategist, coach and speaker, I bring clarity to complex situations, enabling difficult decisions to be made with confidence.โ
โIโm a pitch coach, and I help people to communicate their ideas persuasively, so they hear the word โyesโ more often.โ
โIโm an accountant with PwC and specialise in corporate tax. Iโm working on an interesting project at the moment with Rio Tinto, helping them minimise their tax liability.โ
The five-step pitch
The five-step pitch is a simple way to plan out what youโd like to say. Here it is for you:
1. Problem: โMany people findโฆ..โ
2. Solution: โImagine ifโฆ..โ
3. Target audience: Explain who benefits from your product or service.
4. Proof: List one or more clients who have reaped the rewards of your help.
5. Statement of fact: To ensure the audience is convinced.
For example:
“Have you ever felt like you were banging your head against a brick wall when trying to convince someone to say ‘yes’ to your ideas? Imagine if you knew the formula that successful business presenters use to persuade people. I specialise in helping business people pitch their ideas so people listen, engage and say ‘yes’ more quickly. Last year, I helped two corporate clients win $500 million pitches. The reason we follow formulas is because they work.”
Hereโs a slightly longer example:
โMost people fear speaking in public. In fact, youโve probably heard that people fear public speaking more than death. Imagine if you could learn what awesome public speakers do to manage their nerves, so that you could captivate an audience and never feel fearful when speaking in public again.
“I specialise in helping business people overcome their public speaking fears so they can communicate with confidence, clarity and influence, every time.
“Iโve just helped an amazing girl called Amy. When Amy was only 10 years old, her teacher and classmates booed her during a speech. By the time she contacted me, she was 32 years old and had been terrified of public speaking ever since that moment. She said sheโd decided to overcome her fear and had signed up to do a keynote speech at a conference of 120 people. Her brief to me was, โcure me.โ No pressure!
“Amy learnt the three phases to a persuasive presentation in business and was told she was the best speaker at the event. Sheโs cured, forever. Anyone can be a persuasive presenter, itโs just a matter of knowing what to do and then doing it.”
What else should you consider?
1. Speak clearly. Articulation is the clarity of your words. Aim for crisp, clean sounds. Warm up your lips, cheeks, teeth and tongue whenever possible.
2. Donโt become a crazy card person, thrusting your business card at people who donโt want one.
3. Be careful not to sound rehearsed. The key is to rehearse until it doesnโt sound rehearsed any more.
4. Donโt brag. No one likes a braggart.
5. Believe in yourself. You need to believe to your core that you have what this person needs. If you donโt have what this person needs, give a shorter answer and let them talk about themselves instead.
Plan out what youโll say the next time you find yourself at a networking event, and youโll be glad you did. Happy presenting.