Comments on: The myth of the 60 second pitch http://joedrumgoole.com/blog/2007/07/06/the-myth-of-the-60-second-pitch/ Ace King, Check it Out! Mon, 01 Dec 2008 19:04:30 +0000 http://wordpress.org/?v=2.6.5 By: Brian Caulfield http://joedrumgoole.com/blog/2007/07/06/the-myth-of-the-60-second-pitch/#comment-26000 Brian Caulfield Tue, 17 Jul 2007 14:13:28 +0000 http://joedrumgoole.com/blog/2007/07/06/the-myth-of-the-60-second-pitch/#comment-26000 Joe, I don't fully agree with you here...firstly, as Conor points out, the 60 second pitch is an attention grabber. Once you have grabbed the attention of a potential investor, you then need to get into the real business of selling your business concept. Second, honing the 60 second pitch makes you think about what is really unique and important about your business and pushes you to refine your articulation of your proposition to a point where almost anyone can understand it...even a VC. Regards, Brian Joe,

I don’t fully agree with you here…firstly, as Conor points out, the 60 second pitch is an attention grabber. Once you have grabbed the attention of a potential investor, you then need to get into the real business of selling your business concept. Second, honing the 60 second pitch makes you think about what is really unique and important about your business and pushes you to refine your articulation of your proposition to a point where almost anyone can understand it…even a VC.

Regards,

Brian

]]> By: Chris http://joedrumgoole.com/blog/2007/07/06/the-myth-of-the-60-second-pitch/#comment-25994 Chris Fri, 13 Jul 2007 09:04:03 +0000 http://joedrumgoole.com/blog/2007/07/06/the-myth-of-the-60-second-pitch/#comment-25994 Hey Joe, you forgot the most important one - revenues! Preferably strong and growing like a hockey stick! Hey Joe, you forgot the most important one - revenues! Preferably strong and growing like a hockey stick!

]]> By: Niall O'Cleirigh http://joedrumgoole.com/blog/2007/07/06/the-myth-of-the-60-second-pitch/#comment-25981 Niall O'Cleirigh Mon, 09 Jul 2007 07:23:31 +0000 http://joedrumgoole.com/blog/2007/07/06/the-myth-of-the-60-second-pitch/#comment-25981 Sh*tting in a bottle? - there's money in it! http://www.telegraph.co.uk/news/main.jhtml?xml=/news/2002/06/30/nart30.xml Sh*tting in a bottle? - there’s money in it!

http://www.telegraph.co.uk/news/main.jhtml?xml=/news/2002/06/30/nart30.xml

]]> By: Joe http://joedrumgoole.com/blog/2007/07/06/the-myth-of-the-60-second-pitch/#comment-25970 Joe Fri, 06 Jul 2007 14:25:41 +0000 http://joedrumgoole.com/blog/2007/07/06/the-myth-of-the-60-second-pitch/#comment-25970 Hi Conor, There is a world of difference between 5 minutes and 60 seconds. 5 minutes is a pitch, 60 seconds is a gimmick. Joe. Hi Conor,

There is a world of difference between 5 minutes and 60 seconds. 5 minutes is a pitch, 60 seconds is a gimmick.

Joe.

]]> By: Conor O'Neill http://joedrumgoole.com/blog/2007/07/06/the-myth-of-the-60-second-pitch/#comment-25969 Conor O'Neill Fri, 06 Jul 2007 14:17:57 +0000 http://joedrumgoole.com/blog/2007/07/06/the-myth-of-the-60-second-pitch/#comment-25969 I don't think there is any myth about sixty second pitches Joe. We all know that they achieve one thing - they start conversations. Our 5 minute pitch at Essential Web didn't result in a cheque for €1m arriving in the post. However, it did enable me to get talking to some very interesting people who I previously didn't have access to. Maybe in three months or six months, one of those may turn into an investor. I've never heard anyone say "beat Silicon Valley". What I hear are people asking "what can we learn from Silicon Valley?". I don’t think there is any myth about sixty second pitches Joe. We all know that they achieve one thing - they start conversations.

Our 5 minute pitch at Essential Web didn’t result in a cheque for €1m arriving in the post. However, it did enable me to get talking to some very interesting people who I previously didn’t have access to. Maybe in three months or six months, one of those may turn into an investor.

I’ve never heard anyone say “beat Silicon Valley”. What I hear are people asking “what can we learn from Silicon Valley?”.

]]> By: Copacetic » Blog Archive » Positive Post : You can build a killer company in Ireland http://joedrumgoole.com/blog/2007/07/06/the-myth-of-the-60-second-pitch/#comment-25963 Copacetic » Blog Archive » Positive Post : You can build a killer company in Ireland Fri, 06 Jul 2007 01:24:17 +0000 http://joedrumgoole.com/blog/2007/07/06/the-myth-of-the-60-second-pitch/#comment-25963 [...] is worried about my previous posts. I think Ireland is knee deep in Entrepreneurs, but we can’t do a [...] [...] is worried about my previous posts. I think Ireland is knee deep in Entrepreneurs, but we can’t do a [...]

]]> By: Joe http://joedrumgoole.com/blog/2007/07/06/the-myth-of-the-60-second-pitch/#comment-25962 Joe Fri, 06 Jul 2007 01:12:03 +0000 http://joedrumgoole.com/blog/2007/07/06/the-myth-of-the-60-second-pitch/#comment-25962 Hey Walter, Think of it as an injection of truth. The needle hurts, but the medicine will make you better. A realistic assessment of what we can achieve (in our context in Ireland is much better than a "beat silicon valley" mentality. Beating silicon valley is doable, but its a ten year goal, which our children will achieve if we are realistic about what is possible today. Joe. Hey Walter,

Think of it as an injection of truth. The needle hurts, but the medicine will make you better.
A realistic assessment of what we can achieve (in our context in Ireland is much better than a “beat silicon valley” mentality. Beating silicon valley is doable, but its a ten year goal, which our children will achieve if we are realistic about what is possible today.

Joe.

]]> By: walter http://joedrumgoole.com/blog/2007/07/06/the-myth-of-the-60-second-pitch/#comment-25961 walter Fri, 06 Jul 2007 00:53:08 +0000 http://joedrumgoole.com/blog/2007/07/06/the-myth-of-the-60-second-pitch/#comment-25961 Two downbeat posts in a row ?!! what have you done with the real Joe Drumgoole ? Two downbeat posts in a row ?!!
what have you done with the real Joe Drumgoole ?

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