10 Insights from Pitching and Closing | Alex Taub and Ellen DaSilva

Post on 30-Oct-2014

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Tune in at 33voic.es/inbwtl2 Ellen DaSilva is a senior analyst of the business operations team at Twitter, which strategically targets revenue opportunities for the company. Ellen's past positions include investment banking at Barclays Capital and financial planning at Hillary Clinton for President. Alex Taub is the cofounder of SocialRank, a tool that helps brands find out better information about the people who follow them on social networks. Alex previously led business development and partnerships for online integrations at Dwolla, one of the fastest growing startups in the country. Alex contributes to the Forbes Entrepreneur section twice a month.

Transcript of 10 Insights from Pitching and Closing | Alex Taub and Ellen DaSilva

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insights from alex Taub and Ellen DaSilva

This presentation consists of highlights from the interview with Moe Abdou,

founder & host of 33voices®.

Ellen DaSilvais a senior analyst of the business operations team at Twitter, which

strategically targets revenue oppor-tunities for the company.

@pandc

Alex Taubis the cofounder of SocialRank, a

tool that helps brands find out better information about the people who

follow them on social networks.

1

Those who approach business development with the singular objective of adding exponential value

raraely leave empty handed.Figure out the one thing only you can provide.

1

Those who approach business development with the singular objective of adding exponential value

raraely leave empty handed.Figure out the one thing only you can provide.

2

Winning partnerships always adhere to these four golden rules:

2

Winning partnerships always adhere to these four golden rules:

Clearly demonstrate how you’ll increase revenue or profits

2

Winning partnerships always adhere to these four golden rules:

Clearly demonstrate how you’ll decrease costs

2

Winning partnerships always adhere to these four golden rules:

Clearly demonstrate how you’ll increase their user base

2

Winning partnerships always adhere to these four golden rules:

Clearly demonstrate how you’ll improve their product

3

Consider these credentials before hiring your next Business Development associate:

3

Consider these credentials before hiring your next Business Development associate:

Demonstrated self-confidence

3

Consider these credentials before hiring your next Business Development associate:

A relevant pre-existing network

3

Consider these credentials before hiring your next Business Development associate:

A creative approach to identifying and seizing opportunity

3

Consider these credentials before hiring your next Business Development associate:

An engaged learner and self-starter

3

Consider these credentials before hiring your next Business Development associate:

Demonstrated problem solving skills

4

Don’t confuse business development with sales;

the former is the first step towards identifying

a relevant problem to solve.

5

Avoid the hassle - connect with the right person:In a product partnership, seek out the lead engineer or head of product.

5

Avoid the hassle - connect with the right person:In a brand partnership, connect with someone in marketing or product.

5

Avoid the hassle - connect with the right person:

In a distribution partnership, look to your counterpart or the partnership professional.

6

A great pitch tells a story - and the best ones stand apart when they:

6

A great pitch tells a story - and the best ones stand apart when they:

Identify the potential partner’s most important & urgent business objectives

6

A great pitch tells a story - and the best ones stand apart when they:

Demonstrate the actual product or service experience

6

A great pitch tells a story - and the best ones stand apart when they:

Are explicit in identifying the next steps

7

Keep these five tips from Phillip Eubanks when crafting your next partnership contract:

7

Keep these five tips from Phillip Eubanks when crafting your next partnership contract:

The simpler, the better

7

Keep these five tips from Phillip Eubanks when crafting your next partnership contract:

Lose the legalese

7

Keep these five tips from Phillip Eubanks when crafting your next partnership contract:

standardize

7

Keep these five tips from Phillip Eubanks when crafting your next partnership contract:

Consider the tech

7

Keep these five tips from Phillip Eubanks when crafting your next partnership contract:

renewal

8

Scott Britton on how to sell a product that doesn’t yet exist -

Vapor Sale:The key to pre selling is understanding what someone wants …. Develop a deep understanding of what the other person wants, and craft an irresistible offer that inspires her to put some skin in the game.

9

Keep the bar really high for who gets your time and attention & make it a priority to remember the stories and histories of others.

- Charlie O’Donnell on being a connector

10

In the end, people won’t care what your product costs

if they understand what its worth;

Be one of a kind.

If you had to choose only one word to describe your pitch, what would it be?

REALLY REFLECT...