During this lesson, you will learn how to pitch a business idea to investors by using a set of key phrases.
Let’s start by checking some key definitions
Sure, here are simplified explanations for each concept:
- Problem Statement: This is when we talk about a difficulty or issue that people have.
- Solution: This means the answer to the problem.
- Market Opportunity: This is about a chance to do something good in a certain area.
- Competitive Advantage: This means what makes something better or different than other things.
- Business Model: This is how a business plans to make money.
- Traction/Progress: This is about how much success something has had so far.
- Team: This means the group of people working together on a project.
- Call to Action: This is when we ask people to do something.
Let’s get started
Schema Activation #1 (10 Mins)
Task#1A
Students will play the hangman
Task #1 (20 Mins)
Task#2A
Students will learn key phrases to pitch their business idea
Task #2 (30 Mins)
Task#3A
Identify the parts of a business pitch
Read the sentences, understand them and tell your partner what part of the business pitch they refer to
| Traction/Progress | Business Model |
| Team | Competitive Advantage |
| Market Opportunity | Solution |
| Call to Action | Problem Statement |
- Research indicates a growing demand for online presence, with more businesses and individuals needing websites to showcase their products and services.
- We’ve developed a solution that makes it easy for anyone to have a great website, even if they don’t know how to code.
- Now, we’re seeking partnerships and investments to expand our reach and help even more people create stunning websites.
- What sets us apart from competitors is our user-friendly platform and personalized customer support.
- Many people struggle with creating professional-looking websites for their businesses or personal projects.
- Our revenue model is based on offering affordable subscription plans for our website-building services.
- We’ve achieved significant traction by helping numerous clients launch their websites successfully.
These are some useful expressions:
| #1 | This one is about… |
| #2 | This is about… |
| #3 | This one refers to… |
| #4 | This refers to… |
Task #3 (30 Mins)
Task#3A
Write a part of the business pitch based on the infographic
Break (30 Mins)
Task#3A
Students will take a 30-minute break
Main Task (1 Hour)
Task#4A
Students will prepare a elevator pitch for their business idea
Instructions:
- Work in groups of four
- Choose a business idea
- Each team member focuses on two section of the elevator pitch
- Prepare a presentation using Canva
- Present the information to the audience
In case you need business ideas to think about:
Business Ideas for IT professionals
IT experts have a wide range of potential business ideas they can pursue. Here are some examples:
- Web Development Agency: Offering services to create and maintain websites for businesses and individuals.
- Mobile App Development: Designing and building applications for smartphones and tablets, catering to various needs and industries.
- Software as a Service (SaaS) Products: Developing and selling software solutions on a subscription basis, such as project management tools, CRM systems, or accounting software.
- Cybersecurity Consulting: Providing services to help businesses secure their networks, systems, and data from cyber threats and attacks.
- Cloud Computing Services: Offering cloud-based solutions for storage, hosting, and computing needs, including setup, migration, and management services.
- IT Support and Maintenance: Providing technical support and maintenance services for hardware, software, and networks to businesses and individuals.
- E-commerce Solutions: Building and optimizing online stores for businesses to sell their products or services, including website development, payment integration, and digital marketing.
Short Test (50 Mins)
Task#5A
Take a short test
The test will take 50 minutes to complete
