In 1965 in Kenya young Joseph W. Sitati wanted to get an education. This required him to be courageous in presenting his plan for the future to those who could help him. Watch the video below.
Discuss: Why was young Joseph Sitati able to accomplish his goals?
Read: One of our key business skills is selling. Sometimes this takes courage. But successful business owners talk with potential customers every day—both formally and informally—to share their business message, to gain feedback, and ultimately to generate sales. Today we will deliver business presentations to our group members and to guests who have joined us.
The purpose of your business presentation is to clearly communicate the value that your business offers. The facilitator, guests, and group members should not assess your presentation skills, but instead should provide ideas on developing or improving various elements of your business. Going forward, you will likely have additional opportunities to promote your business as you sell, build relationships, recruit partners or investors, or seek financing.
***The facilitator and guests fill out a presentation feedback form (below)***
Homework Assignment: Once you feel like you are ready to pitch your business on Shark Pond, submit the following to your Area Supervisor:
- Business plan written like the example found HERE
- Recorded pitch video that is 2 to 3 minutes long
- Income Statement
- Cash Flow Statement
- Income and Expense logs as far back as you have them
Your Area Supervisor will be organizing a pre-qualifying pitch event to help you practice. Those who are successful in the pre-qualifying pitch event will have the opportunity to pitch at the big Shark Pond event where loans are given to those who are chosen by sponsors.