Startups use their elevator pitch to quickly communicate their startup idea and value proposition in one or two sentences.
In our previous idea validation lessons, we focused on the importance of taking your initial idea and defining your problem, particular market, advantages, and customer needs. Now it’s time to refine those learnings into a polished Elevator Pitch and continue our startup idea validation.
The heart of every great Elevator Pitch includes 4 essential components:
As we learned, great business ideas start with a well-defined problem and the ability to identify how painful that problem is. Now, we’ll concentrate on how to effectively articulate it in your elevator pitch.
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