Graduation day is here for the class of 2023 with a playful twist on business pitches! Aspiring entrepreneurs present unique startup ideas, from a subscription service connecting readers with authors to a platform linking travelers with local guides. A quirky floating crematorium offers a fresh take on funerals, blending emotion with business innovation. Expert insights on what investors are looking for add a professional touch to the competitive atmosphere. Who will earn the title of valedictorian? Tune in to find out!
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volunteer_activism ADVICE
Fast Pitching
Present lots of information quickly, as investors make fast decisions.
VCs review pitch decks in about three minutes, so make every second count.
insights INSIGHT
Customer Focus
Focus on the problem you solve for customers, not just the product features.
Understanding your customer's pain points informs marketing and messaging.
volunteer_activism ADVICE
Market Sizing
Quantify your target market size with data.
Show investors how many people are willing to pay for your service.
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Congratulations to the Planet Money Summer School Class of 2023!
Today, you become masters of business administration... spelled with lower-case letters for legal purposes. Your diploma is waiting for you just across the stage.
But first, there's one final skill to impart: the pitch. We wouldn't be doing our job as a half-baked parody of a business school if we didn't leave you with the confidence and opportunity to stand in front of an investor and ask for money. We understand what you ambitious business school graduates really want is the chance to launch something and get rich.
So we're combining graduation with a little test of ideas, a showdown of startups, a competition of companies. We are going to put our own spin on a pitch competition like you see on Shark Tank. We hear from five listeners with real ideas for startups.
Can they make a successful pitch? What will investors be looking for in their presentation? Can they come prepared with persuasive total addressable market analyses? Who will have the sharpest customer pain points to solve? We shall see.
Our business expert will give us a rare glimpse into the mind of investors and what they're looking for. Only one graduate will be crowned the winner as this year's valedictorian.
Planet Money