Episode Synopsis "Effectuation, business models, and pitching effectively."

In this episode, we talk about effectuation or de-risking your enterprise. We also talk about understanding your business model, the way in which your business creates and delivers value. The components of your business model should fit well together, and it should provide a clear snapshot of how your business' gears work. Finally, we give you a couple of presentation tips to make your pitches succinct and convincing, and some things that VC firms will look for that will make you stand out. Sources: Effectuation: https://www.effectuation.org/sites/default/files/documents/effectuation-3-pager.pdf Business Model Canvas: https://www.businessmodelsinc.com/about-bmi/tools/business-model-canvas/ 10-20-30 rule: http://blog.slideshare.net/2014/06/09/guy-kawasakis-10-20-30-rule-for-presentations/ What do venture capitalists look for: https://techcrunch.com/2009/11/18/good-question-the-eight-best-questions-we-got-while-raising-venture-capital/

Listen "Effectuation, business models, and pitching effectively."

More episodes of the podcast Enterprise Academy

• Why entrepreneurs don't scale and alternative funding.
• Effectuation, business models, and pitching effectively.
• What is Entrepreneurship? The origin of ideas and the entrepreneurial process.