1 00:00:01,360 --> 00:00:03,640 Speaker 1: This episode is brought to you by P and C Bank. 2 00:00:04,000 --> 00:00:06,760 Speaker 1: A lot of people think podcasts about work are boring, 3 00:00:07,000 --> 00:00:10,840 Speaker 1: and sure they definitely can be, but understanding a professionals 4 00:00:10,920 --> 00:00:14,160 Speaker 1: routine shows us how they achieve their success little by little, 5 00:00:14,560 --> 00:00:18,200 Speaker 1: day after day. It's like banking with P and C Bank. 6 00:00:18,680 --> 00:00:21,480 Speaker 1: It might seem boring to safe plan and make calculated 7 00:00:21,480 --> 00:00:24,599 Speaker 1: decisions with your bank, but keeping your money boring is 8 00:00:24,640 --> 00:00:27,960 Speaker 1: what helps you live or more happily fulfilled life. P 9 00:00:28,080 --> 00:00:32,879 Speaker 1: and C Bank Brilliantly Boring since eighteen sixty five. Brilliantly 10 00:00:32,960 --> 00:00:35,600 Speaker 1: Boring since eighteen sixty five is a service mark of 11 00:00:35,600 --> 00:00:38,840 Speaker 1: the PNC Financial Service Group, Inc. P and C Bank 12 00:00:39,280 --> 00:00:45,920 Speaker 1: National Association Member FDIC erness What's Up? You ever walk 13 00:00:45,920 --> 00:00:49,000 Speaker 1: into a small business and everything just works like the 14 00:00:49,080 --> 00:00:53,200 Speaker 1: checkout is fast, the receipts are digital, tipping is a breeze, 15 00:00:53,479 --> 00:00:55,640 Speaker 1: and you're out the door before the line even builds. 16 00:00:55,960 --> 00:01:00,240 Speaker 1: Odds are they're using Square? We love supporting business that 17 00:01:00,320 --> 00:01:02,959 Speaker 1: run on Square because it just feels seamless. 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Don't wait, don't hesitate. 30 00:01:45,760 --> 00:01:48,160 Speaker 1: Let's Square handle the back end so you can keep 31 00:01:48,160 --> 00:01:49,400 Speaker 1: pushing your vision forward. 32 00:01:51,680 --> 00:01:58,960 Speaker 2: So okay, talk about elevate yes, and seven steps to 33 00:01:59,080 --> 00:02:04,800 Speaker 2: nailing Yeah. So first things first, is anyone that's listening 34 00:02:04,800 --> 00:02:06,880 Speaker 2: to this if you're going to be pitching, whether it's 35 00:02:06,880 --> 00:02:09,080 Speaker 2: at invest fest or you're going to be pitching at 36 00:02:09,120 --> 00:02:10,840 Speaker 2: any place, the first thing is you want to have 37 00:02:10,880 --> 00:02:14,120 Speaker 2: a clear and concise message. Who are you, what do 38 00:02:14,160 --> 00:02:16,560 Speaker 2: you do, who do you serve? What is it that 39 00:02:16,600 --> 00:02:18,920 Speaker 2: you're actually giving to people? What do you want the 40 00:02:19,040 --> 00:02:21,880 Speaker 2: judges to know or the investors to know? So have 41 00:02:21,919 --> 00:02:25,600 Speaker 2: a clear and concise message. The second commandment that I 42 00:02:25,600 --> 00:02:27,480 Speaker 2: would say, is make sure that you know the problem. 43 00:02:27,880 --> 00:02:30,680 Speaker 2: What's the problem that you're trying to solve. Lots of 44 00:02:30,720 --> 00:02:33,320 Speaker 2: times I've seen people come and pitch Rashad and they 45 00:02:33,400 --> 00:02:36,000 Speaker 2: really don't know what the problem is that they're trying 46 00:02:36,000 --> 00:02:37,680 Speaker 2: to solve. They just want to sell a product to 47 00:02:37,680 --> 00:02:39,480 Speaker 2: you or say, hey, can you invest in my product? 48 00:02:39,840 --> 00:02:42,000 Speaker 2: So you have to make sure that when you're pitching 49 00:02:42,320 --> 00:02:44,960 Speaker 2: with your message being clear and concise, you need to 50 00:02:45,040 --> 00:02:47,680 Speaker 2: make sure that you also know what the problem is. 51 00:02:47,720 --> 00:02:51,480 Speaker 2: And then third, know the solution to the problem. Right, 52 00:02:52,320 --> 00:02:54,520 Speaker 2: what are you trying to solve? I understand you want 53 00:02:54,600 --> 00:02:57,080 Speaker 2: to be able to have a tech company, but what 54 00:02:57,160 --> 00:03:00,239 Speaker 2: is the what is the solution or what's the problem 55 00:03:00,280 --> 00:03:02,640 Speaker 2: that's being solved, and what's the solution how what are 56 00:03:02,639 --> 00:03:05,840 Speaker 2: the vehicles to solve that problem? The third thing is 57 00:03:05,919 --> 00:03:09,200 Speaker 2: make sure that you know your market stats. Right, what's 58 00:03:09,280 --> 00:03:11,280 Speaker 2: going on in the market in the industry right now? 59 00:03:11,639 --> 00:03:14,480 Speaker 2: A lot of people don't do their research on the 60 00:03:14,480 --> 00:03:19,120 Speaker 2: industry stats, which leads to the next one. Who's your competitor? Right? 61 00:03:19,440 --> 00:03:21,679 Speaker 2: I've seen people do pitches and we don't even know 62 00:03:21,720 --> 00:03:23,680 Speaker 2: who your competitor is. You just tell us all about 63 00:03:23,680 --> 00:03:26,040 Speaker 2: the business. But if we were to go deeper beyond 64 00:03:26,320 --> 00:03:29,480 Speaker 2: a sixty minute elevator pitch, a sixty second, sorry, elevator pitch, 65 00:03:29,840 --> 00:03:32,400 Speaker 2: and let's say you all were to ask more questions. 66 00:03:32,720 --> 00:03:34,320 Speaker 2: One of the questions that investors are going to ask 67 00:03:34,440 --> 00:03:37,720 Speaker 2: is who your competitors are? What's the market? So because 68 00:03:37,760 --> 00:03:42,440 Speaker 2: of that, it's important for anyone that's pitching to do that. 69 00:03:42,960 --> 00:03:45,920 Speaker 2: Make sure that you're using proper visual aids. That's another 70 00:03:45,960 --> 00:03:47,560 Speaker 2: thing too. I'm not really sure how it's going to 71 00:03:47,600 --> 00:03:50,160 Speaker 2: be for investments when we get there, but if there 72 00:03:50,160 --> 00:03:52,080 Speaker 2: are going to be visual aids, make sure that your 73 00:03:52,160 --> 00:03:54,960 Speaker 2: visual aids are not all over the place. Make sure 74 00:03:55,000 --> 00:03:57,720 Speaker 2: that you're not using all these different fonts and colors 75 00:03:57,760 --> 00:04:00,440 Speaker 2: and everything like that. Keep it clean, keep it fresh. 76 00:04:00,680 --> 00:04:03,680 Speaker 2: But make sure that everyone, every judge that's looking or 77 00:04:03,680 --> 00:04:07,320 Speaker 2: any investor that's investing into what are interested in what 78 00:04:07,360 --> 00:04:11,000 Speaker 2: you have to say, can understand it clearly in your 79 00:04:11,080 --> 00:04:14,440 Speaker 2: visual aids. I will also say, just making sure that 80 00:04:14,560 --> 00:04:17,279 Speaker 2: as they go through their pitch that they speak clearly 81 00:04:17,720 --> 00:04:20,400 Speaker 2: that they understand, and also do a call to action. 82 00:04:21,240 --> 00:04:24,560 Speaker 2: We've had pitch, I've sat and pitched up matches or 83 00:04:24,600 --> 00:04:27,880 Speaker 2: pitch competitions. Where so what are you asking for? You 84 00:04:28,000 --> 00:04:31,039 Speaker 2: never really say what you're asking for. Be clear and concise, 85 00:04:31,080 --> 00:04:33,320 Speaker 2: and make sure that whatever the call to action is, 86 00:04:33,960 --> 00:04:36,680 Speaker 2: that it is clear, it is realistic. I'm looking for 87 00:04:36,720 --> 00:04:40,200 Speaker 2: two million dollars to do what with? What's the budget? 88 00:04:40,200 --> 00:04:43,719 Speaker 2: What's the forecast? What's the numbers? That's another one. Know 89 00:04:43,760 --> 00:04:46,719 Speaker 2: your numbers, right, What are the numbers going to? Where's 90 00:04:46,720 --> 00:04:49,040 Speaker 2: this money going to? When is it going to happen? 91 00:04:49,600 --> 00:04:53,760 Speaker 2: Most investors don't want to be married long term to something, 92 00:04:54,160 --> 00:04:56,680 Speaker 2: so we want to make sure that we understand. I'm 93 00:04:56,680 --> 00:04:58,840 Speaker 2: an investor myself, make sure that we understand what's the 94 00:04:58,920 --> 00:05:02,479 Speaker 2: return on investment? Do we get equity right? All of 95 00:05:02,480 --> 00:05:05,560 Speaker 2: these things are what people should be considering when it 96 00:05:05,560 --> 00:05:09,160 Speaker 2: comes to their elevator pitch. Whether it's sixty seconds, two minutes, 97 00:05:09,320 --> 00:05:11,920 Speaker 2: five minutes, even up to a thirty minute pitch. 98 00:05:12,520 --> 00:05:15,600 Speaker 1: That tremendous insight, because we get pitched all the time. Yes, 99 00:05:15,760 --> 00:05:17,840 Speaker 1: and so you actually have now just helped us, and 100 00:05:17,880 --> 00:05:19,960 Speaker 1: I'm sure everybody that's listening will take notes from it 101 00:05:20,000 --> 00:05:23,440 Speaker 1: as well. Yeah, you said that vocal health is important, 102 00:05:23,640 --> 00:05:26,880 Speaker 1: and so these things sound like how I will prepare 103 00:05:27,000 --> 00:05:29,120 Speaker 1: as I'm going to the stage, yes, but there's that 104 00:05:29,160 --> 00:05:30,880 Speaker 1: build up. And we talked to a lot of people. 105 00:05:30,920 --> 00:05:32,960 Speaker 1: We just had a pitch competition a few months ago, 106 00:05:33,200 --> 00:05:35,080 Speaker 1: and people were talking about the anxiety that it felt 107 00:05:35,160 --> 00:05:37,440 Speaker 1: leading up to the day. So what are some of 108 00:05:37,440 --> 00:05:39,480 Speaker 1: the type of things that you suggest for people leading 109 00:05:39,600 --> 00:05:41,200 Speaker 1: up to the event. What should they be doing at 110 00:05:41,200 --> 00:05:44,160 Speaker 1: home the week before, the month before to prepare themselves 111 00:05:44,240 --> 00:05:46,520 Speaker 1: for this moment, this five minute moment that could change 112 00:05:46,560 --> 00:05:47,360 Speaker 1: their lives potentially? 113 00:05:47,560 --> 00:05:52,200 Speaker 2: Absolutely? First things, practice practice, practice, practice, And there's a 114 00:05:52,240 --> 00:05:54,960 Speaker 2: couple ways in which a person can practice, right, Troy. 115 00:05:55,080 --> 00:05:56,840 Speaker 2: So the first thing I will say is practice in 116 00:05:56,880 --> 00:05:59,680 Speaker 2: the mirror. See yourself, so you can see how your 117 00:05:59,720 --> 00:06:03,840 Speaker 2: face expressions look, see if the nerves are taken over, right, 118 00:06:04,240 --> 00:06:06,479 Speaker 2: see yourself. And lots of times people do not like 119 00:06:06,520 --> 00:06:09,280 Speaker 2: to see themselves, They don't even like to hear themselves 120 00:06:09,320 --> 00:06:12,440 Speaker 2: back right, You'd be surprised that a lot of anxiety 121 00:06:12,440 --> 00:06:15,920 Speaker 2: that happens on the stage happens because of what people 122 00:06:15,920 --> 00:06:18,159 Speaker 2: are going through in their personal lives and it just 123 00:06:18,200 --> 00:06:21,440 Speaker 2: comes over in there. So practice practice, practice, practice in 124 00:06:21,480 --> 00:06:24,719 Speaker 2: front of family and friends and peers, a mentor, a coach, right, 125 00:06:24,839 --> 00:06:27,960 Speaker 2: And also record yourself on video and watch yourself back 126 00:06:28,000 --> 00:06:30,479 Speaker 2: with no judgment. That's one of the ways in which 127 00:06:30,480 --> 00:06:34,680 Speaker 2: you can actually help yourself prepare for the pitch. Another 128 00:06:34,720 --> 00:06:38,320 Speaker 2: one is actually do what we call mindfulness, walk through 129 00:06:38,320 --> 00:06:40,960 Speaker 2: the pitch without you having to say something. So, how 130 00:06:40,960 --> 00:06:42,919 Speaker 2: am I going to enter the stage, How am I 131 00:06:42,960 --> 00:06:45,200 Speaker 2: going to intro myself? How am I going to speak 132 00:06:45,240 --> 00:06:46,960 Speaker 2: what I need to say? How am I going to 133 00:06:47,000 --> 00:06:48,880 Speaker 2: exit the stage? How am I going to leave? 134 00:06:48,960 --> 00:06:49,039 Speaker 1: Like? 135 00:06:49,600 --> 00:06:52,480 Speaker 2: All of that is what we call mindfulness, whether you're 136 00:06:52,520 --> 00:06:55,640 Speaker 2: performing as an entertainer or speaker. That's one of the 137 00:06:55,680 --> 00:06:57,640 Speaker 2: things that I'll tell people, sit through in mind do 138 00:06:57,800 --> 00:07:02,880 Speaker 2: mindfulness of it. Way to prepare is breathing techniques. Believe 139 00:07:02,880 --> 00:07:05,599 Speaker 2: it or not, There's a couple breathing techniques that I 140 00:07:05,640 --> 00:07:08,760 Speaker 2: tell people to do. One is the four seven eight 141 00:07:09,080 --> 00:07:11,400 Speaker 2: is you breathe in for four counts, you hold it 142 00:07:11,400 --> 00:07:14,440 Speaker 2: for seven counts, you breathe out for eight counts. What 143 00:07:14,480 --> 00:07:17,960 Speaker 2: this does is it triggers what we call the parasympathetic 144 00:07:17,960 --> 00:07:21,880 Speaker 2: nervous system, which is if you're having like a warm 145 00:07:21,920 --> 00:07:25,200 Speaker 2: bowl of super ice cream and you're kind of like calm, 146 00:07:25,400 --> 00:07:27,640 Speaker 2: where there's something called the sympathetic mode, which is that 147 00:07:27,680 --> 00:07:30,720 Speaker 2: fight or flight mode. The moment people get on the stage, 148 00:07:30,800 --> 00:07:33,680 Speaker 2: their palms get sweaty, they want to use the bathroom, 149 00:07:33,960 --> 00:07:36,960 Speaker 2: their knees want to buckle, their mouth gets dry, and 150 00:07:37,040 --> 00:07:41,240 Speaker 2: so mindfulness breathing helps them to trigger that p ands 151 00:07:41,320 --> 00:07:45,960 Speaker 2: that parasympathetic mode. I always say too arrive early. I 152 00:07:46,040 --> 00:07:48,679 Speaker 2: tell people go to the venue, see what it looks 153 00:07:48,720 --> 00:07:52,720 Speaker 2: like like, look at the stage, sit down in the chair, 154 00:07:53,280 --> 00:07:55,800 Speaker 2: and actually visualize what it's going to look like, the 155 00:07:55,880 --> 00:07:58,960 Speaker 2: audience that's gonna be there, walk yourself through it as 156 00:07:58,960 --> 00:08:02,640 Speaker 2: you do mindfulness but in the environment as well. That's 157 00:08:02,680 --> 00:08:05,679 Speaker 2: going to help a lot in preparing and then also 158 00:08:05,720 --> 00:08:08,080 Speaker 2: to making sure that you have a backup. One of 159 00:08:08,120 --> 00:08:11,520 Speaker 2: the u I had a pitch competition that I was 160 00:08:11,560 --> 00:08:15,360 Speaker 2: a judge at. One of the persons forgot their visuals 161 00:08:16,160 --> 00:08:18,160 Speaker 2: and so they did a whole entire pitch asking for 162 00:08:18,200 --> 00:08:22,160 Speaker 2: a whole bunch of money with no visuals whatsoever. Mess 163 00:08:22,240 --> 00:08:25,280 Speaker 2: up their entire elevator pitch. And so I tell those 164 00:08:25,320 --> 00:08:27,600 Speaker 2: that are preparing, make sure you have a backup. If 165 00:08:27,640 --> 00:08:30,239 Speaker 2: you're going to be doing something where you're sending something electronically, 166 00:08:30,640 --> 00:08:32,680 Speaker 2: make sure you have something on a USB drive, a 167 00:08:32,720 --> 00:08:36,120 Speaker 2: Google drive, some sort of electronic drive, show that your 168 00:08:36,160 --> 00:08:39,959 Speaker 2: anxiety can actually decrease because lots of times people kind 169 00:08:39,960 --> 00:08:43,040 Speaker 2: of cause their own anxiety to because of lack of preparation. 170 00:08:43,480 --> 00:08:45,640 Speaker 2: So those are practical things that they can do to 171 00:08:45,679 --> 00:08:46,880 Speaker 2: prepare for their pitch. 172 00:08:47,320 --> 00:08:49,760 Speaker 1: Just a follow up, because a lot of times people 173 00:08:49,960 --> 00:08:53,880 Speaker 1: will confuse anxiety with nervousness. Yes, some people will say 174 00:08:53,880 --> 00:08:56,280 Speaker 1: it's healthy to feel nervous, or it's healthy to feel 175 00:08:56,320 --> 00:08:58,600 Speaker 1: anks before something because you're prepared for it, you want 176 00:08:58,600 --> 00:09:01,680 Speaker 1: to deliver it. Yeah, to do a great job. Is 177 00:09:01,679 --> 00:09:04,280 Speaker 1: it healthy or when does it not become healthy? 178 00:09:04,400 --> 00:09:07,920 Speaker 2: Absolutely, it's absolutely healthy to be nervous. I was nervous 179 00:09:07,960 --> 00:09:10,240 Speaker 2: coming here because I've never met you guys in person. 180 00:09:10,480 --> 00:09:12,560 Speaker 2: I'm like, what are they gonna ask me? I don't know. 181 00:09:12,960 --> 00:09:15,600 Speaker 2: So there's some called good nerves. You just can't allow 182 00:09:15,640 --> 00:09:19,000 Speaker 2: those nerves to take over and become your master. And 183 00:09:19,040 --> 00:09:22,680 Speaker 2: that's where anxiety comes in. Anxiety and angst really says 184 00:09:23,000 --> 00:09:25,440 Speaker 2: what if something happens, and what do I need to 185 00:09:25,440 --> 00:09:27,200 Speaker 2: do to prepare just in case what have happened? So 186 00:09:27,760 --> 00:09:31,120 Speaker 2: there's something between wisdom and then allowing anxiety to take over. 187 00:09:31,160 --> 00:09:33,360 Speaker 2: Wisdom says, you know what, let me have a backup. 188 00:09:33,800 --> 00:09:37,120 Speaker 2: That's not anxiety. That's just wisdom. But anxiety is like 189 00:09:37,760 --> 00:09:40,600 Speaker 2: all of the intrusive thoughts going through your head. That's 190 00:09:40,760 --> 00:09:44,720 Speaker 2: literally just thoughts. Two things that I've learned in life guys, 191 00:09:45,520 --> 00:09:47,960 Speaker 2: no one owes me anything, and never create a story. 192 00:09:48,440 --> 00:09:51,800 Speaker 2: Anxiety is the culprit that helps people create stories that 193 00:09:51,880 --> 00:09:55,280 Speaker 2: literally don't even exist. And so because of that, absolutely 194 00:09:55,280 --> 00:09:58,839 Speaker 2: there's a difference between nerves and anxiety. Nerves is good, right, 195 00:09:59,440 --> 00:10:01,120 Speaker 2: but you don't have to let it master you. 196 00:10:01,320 --> 00:10:04,920 Speaker 3: An illegal alien from Guatemala charged with raping a child 197 00:10:05,000 --> 00:10:08,800 Speaker 3: in Massachusetts. An MS thirteen gang member from Al Salvador 198 00:10:09,040 --> 00:10:13,160 Speaker 3: accused of murdering a Texas man of Venezuelan charged with 199 00:10:13,240 --> 00:10:17,120 Speaker 3: filming and selling child pornography in Michigan. 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