In the universe of pitching, there are several different types of pitches. In this post, I’m going to define the primary three types: Elevator, Business, and Investor.
The infamous “Elevator Pitch” is purported to be what you can tell someone about yourself and what you do in the length of an elevator ride. Technically, the length of an Elevator Pitch depends on the height of the building, but we generally consider these Pitches to be anywhere from 30 to 90 seconds in length.
Features of an Elevator Pitch
The difference between a Business Pitch and an Investor Pitch is first and foremost the audience. They are also different lengths.
The audience for a Business Pitch can be potential clients, potential employees, or resource partners, whereas the audience for an Investor Pitch is… well, investors. Business Pitches are generally 3-5 minutes, while Investor Pitches can run 10–12 minutes.
In a standard Business Pitch, you should:
The focus of the Investor Pitch is finance and money. An Investor Pitch should include everything in your Business Pitch PLUS:
It is best to create your Business Pitch first, then go on to build out your Investor Pitch. As a rule of thumb, 30% of your Investor Pitch can be a concise version of your Business Pitch, the other 70% should be the money and financial topics mentioned above.
No matter which type of pitch you are building, remember to focus your message, identify key vocabulary, and be concise. Creating a pitch is always a clarifying exercise, so be sure to give yourself enough time to create several versions. Eventually, you will arrive at the one that rings true.