Use “Pitch Hacks with Extreme Confidence”

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“I don’t think I’m confident enough to pitch and get funding—with so much competition,” my new client, Will, said.

After we went through details to ensure the value and soundness of Will’s business offering and plan, we focused on his real concerns concerning presenting a pitch.

As an Executive Coach, Pitch Coach and the Spoken Word Strategist, I help my clients hone their skills and performances.

“Will, you’ll experience Extreme Confidence through a process of developing new skills and shifting out of your ‘default-settings,’ I assured him.

I’ll share how to break Three Default Settings:

1. Break Default Setting #1 – Retreating from Tough Questions

Confidence is contagious. You need your body language AND your words to work together to express confidence in your project and your own abilities.

I’ve seen speakers/pitch-makers look confused and overwhelmed by tough questions posed by potential investors. The pitch-maker’s body language causes trouble when they reflexively take a couple of steps back—away from the questioner.

In my workshop “Pitch with Extreme Confidence: The Pitch Hacking Method,” I have attendees work with a partner and practice taking one to two steps forward and toward the person posing a tough question.

While the pitch-maker is stepping forward, they say a “Catch the Question – Reply.” This is a reply that sounds like: “George, I hear that’s important to you” or “Susan, I’m glad you brought that up. This is a good time for me to address that.”

Even if you have no ready answer, you can buy yourself time with something like: “George, I hear that’s important to you. I’ll need to pause for a moment. I want my answer to be useful to you.”

You might call this a way to “stall with poise.” By the time, you have finished saying your memorized Catch the Question – Reply, your mind will have some ideas for your response.

2. Break Default Setting #2 – Providing Too Much Data

I’ve noted in meetings in Silicon Valley, CA that some people try to combat nervousness by burying the audience in tech details. What we really need is to present briefly. You need to be able to communicate the essence of your offer in these three durations: 1 minute, 5 minutes and 15 minutes. Provide the most compelling detail. You’re looking for the “Telling Detail.” For example, I saw a film producer flub a presentation by presenting too much data. He would have been better off to have said simply: “This music star has earned numerous awards. Two of his albums have gone Platinum.” That’s it. The tech investors in the room would have received the point.

Trim your presentation. Ask yourself these questions:
* What’s the most important thing the investors want to know?
* What would grab their attention?  

3. Break Default Setting #3 – Missing the Storytelling Opportunity

Researchers note that human beings are conditioned to like and relate to stories.

Successful pitch-makers often use a “narrative frame” so that the audience can feel the essence of the offer. [I talked about the narrative frame during a recent phone conference call for my group Pitch Power Fest CLICK HERE to see the meetup.com group]. The narrative frame includes these standard elements: Hero, Hero’s assistant, Victim, Villain.

Your first sentence or question can set up your compelling story. Here are examples:

  • What element of _____ are the XY companies missing? And how is this hurting customers today – and every day? [Customers are the victims. The particular companies are the “villains.”]
  • What causes the trouble with ____? Who can save ____[X million] people their hard-earned cash and ______?

I’ll put this in few words: “Tell the Compelling Story!”

A story can be as brief as one sentence.

Here are examples:

“Using just one of Tom Marcoux’s methods, I got more done in 2 weeks than in 6 months.” – Jaclyn Freitas, MA

“Tom Marcoux coached me to get more done in 10 days than 2 years with other coaches.” – Brad Carlson, CEO of Mindstrong, LLC

 

In summary, the way to deliver a powerful pitch with extreme confidence is to use Pitch Hacks. (Hack often refers to a creative, clever solution!)

I’ve shared with you the Pitch Hacks of breaking Three Default Settings.

The best to you with your next pitch.

Warmly,

Tom

Tom Marcoux
Executive Coach
Spoken Word Strategist

Pitch Coach

CEO (leading teams in United Kingdom, India and USA)

Speaker-author of 41 books (with free chapters on Amazon.com )
Author of Soar With Confidence: An Executive Coach Reveals Secrets, Lies and Countermeasures So You Excel Like Top CEOs and Leaders – Pitch, Lead, Succeed (See more when you CLICK HERE )
 
1.8 min. video (on YouTube): Tom Marcoux pulls back the curtain about how his directing a feature film that went to Cannes Film market helps with “Building Your Brand”:
Author of Time Management Secrets the Rich Won’t Tell You (See more when you CLICK HERE )
Author of What the Rich Don’t Say About Getting Rich: Work Smarter, Live Better (See more when you CLICK HERE )

Pay Attention to Hidden Dynamics: Use the Power of “Meeting As a Peer”

Learn ways to boost your confidence in Tom Marcoux 's book "The Power of Confidence"
Learn ways to boost your confidence in Tom Marcoux ‘s book “The Power of Confidence”

“Shouldn’t I be respectful to the investors as I pitch to them?” my client Amanda asked.

“Yes! Being trustworthy and respectful is valuable. But now is when I need to put this in few words. You fell off the edge and became too deferential,” I replied.

When I speak of “too deferential,” I’m talking about crossing the line in which it seems that one is being meek and submissive.

The truth is: We invest in leaders — not servants.

To effectively pitch, you’ll do better to meet investors as a peer. You need to rehearse so well that you prepare your own subconscious mind to operate on a higher, more confident level.

(As a Pitch Coach, I’m glad to be coaching people to higher levels of connecting with investors and key advisors.)

One of my mentors said, “You have more power than you think. If they’re talking with you, they want something.”

Author Oren Klaf tells himself “I am the prize” before he meets high-level investors or clients. His point is that he is bringing something of great value to the listeners of his pitch.

This is a vital point. Without the innovators/pitch-makers, so much would be missing in this world. You ARE bringing something truly valuable to the table. And in this way, you are a peer of the people in the room.

Lie: People will trust you if you’re too deferential (submissive) to them.

Countermeasure: Prepare and rehearse so you meet the person as a peer. Stand forthrightly in the value you bring to the table.

Secret: “My courage always rises at every attempt to intimidate me.” – Jane Austen (in her book Pride and Prejudice)

“Don’t let what you don’t know scare you, because it can become your greatest asset. And if you do things without knowing how they have always been done, you’re guaranteed to do them differently.” – Sara Blakely, creator of Spanx

When one is too deferential, one shows that one has “lower status.” Top investors feel their Alpha Status and they trust others who also have Alpha Status.

The head of an angel investors group told me, “If you go in asking for advice, you’ll get funding. If you go in asking for funding, you’ll get advice.” I understand her point. Still, it’s vital to approach investors as if you’re a colleague asking for a consult. You do not want to come across as a servant begging for help. Why? As I mentioned, we invest in leaders! We do not invest in people who are unsure of their own worth. The reason is: It takes a confident person to persist, ask the right questions and to pull everyone through the adversity to complete any project.

Principle: Meet them as a peer.

Countermeasures: Rehearse in effective ways so you can answer tough questions. Focus on the value you bring to the table. Remind yourself that the world needs you to get this project to come to fruition.

Power Questions: Are you feeling confident in the value that your project will manifest? What can you do to build up your confidence in your project and your confidence in yourself to bring great value?

Warmly,
Tom

Tom Marcoux
CEO (leading teams in United Kingdom, India and USA)

Speaker-author of 40 books (with free chapters on Amazon.com )
Executive Coach
Spoken Word Strategist
 
Author of Time Management Secrets the Rich Won’t Tell You (See more when you CLICK HERE )
1.8 min. video (on YouTube): Tom Marcoux pulls back the curtain about how his directing a feature film that went to Cannes Film market helps with “Building Your Brand”:
 
Author of Connect: High Trust Communication for Your Success in Business and Life (See more when you CLICK HERE )