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Feb. 7, 2024

175. Start With Your Elevator Pitch

175. Start With Your Elevator Pitch

Text your thoughts directly to Rich.

We met six months ago for 30 minutes. It's been 260,000 minutes since we last communicated. Remind me, what does your startup do?

About AVL Growth Partners
AVL Growth Partners, founded in 2009, is the leading fractional Finance and Accounting firm supporting organizations in pivoting from growth to scale. AVL brings an experienced team of CFOs, Controllers, and Accountants to your organization, delivering transparent, strategic actions for short and long-term success. Transform your financial approach affordably with AVL, supporting companies coast to coast - get to know AVL Growth Partners at avlgrowth.com. (Sponsored)

About SpringTime Ventures
SpringTime Ventures seeds high-growth startups in healthcare, fintech & insurtech, and logistics & supply chain. We look for founders with domain expertise, forging a path with a truly transformative technology. We only invest in software-based businesses in the USA. We bring a people-focused approach, work quickly, and reach conviction independently. Our initial check size is $600k. You can learn more about us and our approach.  

Transcript
WEBVTT

00:00:01.000 --> 00:00:10.150
Continuing with the theme of sending out investor updates, let me read to you something that was the opening paragraph of a one-off update from a founder.

00:00:11.150 --> 00:00:14.060
We're excited to announce the launch of 2.0.

00:00:14.720 --> 00:00:19.730
This new iteration is a game changer designed to scale our operations in 2024 efficiently.

00:00:20.236 --> 00:00:28.257
Version 2.0 features revamped pricing model and introduces self service capabilities, tailored to meet the needs of our diverse user base.

00:00:28.757 --> 00:00:36.277
These fundamental changes position us for accelerated growth and enhanced user satisfaction." Great.

00:00:36.786 --> 00:00:37.296
Now.

00:00:37.866 --> 00:00:42.359
How about you tell me what in the actual your company does.

00:00:42.859 --> 00:00:46.969
Because we met six months ago for 30 minutes and haven't communicated since then.

00:00:47.598 --> 00:00:51.289
I have no recollection whatsoever about your business.

00:00:52.039 --> 00:01:00.139
To put a Neil deGrasse Tyson spin on this, it's been over 260,000 minutes since we spent 30 minutes together.

00:01:01.139 --> 00:01:06.388
The lesson here, I think you get it: start every email with your one line pitch.

00:01:06.890 --> 00:01:11.239
SpringTime venture seeds, high growth startups in healthcare, FinTech and logistics and supply chain.

00:01:12.040 --> 00:01:12.670
There you go.

00:01:12.819 --> 00:01:13.900
Now, you know what we do?

00:01:13.989 --> 00:01:15.609
Let's get down to our update.

00:01:16.609 --> 00:01:21.772
Oh, and that jargon soup about the 2.0 update is, in fact, terrible.

00:01:22.221 --> 00:01:25.012
It doesn't actually say anything.

00:01:25.731 --> 00:01:28.831
But that's a topic for another day or another podcaster.

00:01:29.492 --> 00:01:34.231
For now friends, start every investor outreach with your one line pitch.