99% of Startups Get This Wrong

Common mistakes startups make with their pitch decks, a critical component often misunderstood by 99% of new businesses.

What this short covers

Common mistakes startups make with their pitch decks, a critical component often misunderstood by 99% of new businesses.

Transcript

Most founders try to build a Swiss Army knife. But the interesting thing is that customers at the end only want a butter knife. This visual actually really bridges that gap between what the entrepreneur or the founder thinks that the user are going to want and then what the actual user really wants. There are four things to keep in mind. Number one, in the end, more features is not going to equal more usability. Simplicity is king. Startups actually die from doing too many things at once. You can't spread yourself too thin. Don't try to do more than three things. Well, try to focus on one. And ideally, maybe you can bring it to two or three, but you know, at least one. Remember, customers buy outcomes, not any type of usability or wow looking type of stuff. And build for use, not complexity. If you're looking to raise money, go to startupf fundraising.com and supercharge your race with

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•By Alejandro Cremades