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February 2025

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Entrepreneurial Skills

Imagine you’re in an elevator, and standing next to you is your dream investor. You’ve got 30 seconds—just a single elevator ride—to pitch your idea, grab their attention, and leave an impression. This is your chance – what do you say? 

It might sound nerve-wracking, but it’s also an incredible opportunity. While an elevator pitch won’t close the deal on the spot, it’s your chance to spark curiosity, make a connection and open the door to opportunities with investors, potential partners, or even your first customers. For young entrepreneurs, mastering this skill is essential for success in business pitching.

 

In this guide, we’ll walk you through how to craft and deliver a business pitch that grabs attention and leaves people wanting more. 

 

What Is an Elevator Pitch?

At its core, an elevator pitch is a concise, 30-second explanation of your idea. It’s not a full-on business presentation—it’s more like a teaser, designed to spark curiosity and invite follow-up questions. 

A good elevator pitch includes: 

  • Who you are
  • What you’re offering
  • Why it matters
  • What you need

But a great elevator pitch does more than inform – it connects. To do this effectively, it should tap into the four key elements of persuasion: 

  • Pathos: Appeal to emotions
  • Logos: Use logic and reason
  • Ethos: Build trust and credibility
  • Kairos: Seize the right moment and opportunity

Ask yourself: What will your audience remember? What will they take away? It’s not just about delivering information; it’s about creating an experience that resonates.

 

Why 30 seconds?

As a young entrepreneur, you’re probably juggling a lot of ideas and opportunities. However, most people you meet—whether they’re investors, clients, or collaborators  lose focus quickly, especially in casual or unplanned encounters. If your business pitch is too long, you risk losing their attention. Keep it tight — just enough to hit the highlights. If they’re intrigued, they’ll ask for more, and that’s when you can go deeper.

Pro tip: if your elevator pitch feels too long, ask yourself: 

  • Am I overexplaining?
  • Can I simplify this?
  • Are these details necessary?

A sharp, concise pitch shows you respect their time and understand your idea clearly. Developing these entrepreneurial skills is crucial for making a lasting impression.  

 

Make Your Elevator Pitch Memorable

A great way to structure your pitch is by using the Hourglass Model.

1. Grab Attention

The first few seconds are crucial. Start with a hook that pulls them in: 

  • A surprising fact or statistic: “Did you know 60% of people struggle with X every day?”
  • A relatable question: “Ever been in a situation where you couldn’t find Y?”
  • A bold statement: “We’ve found a way to solve Z in half the time.”

You can sprinkle in a little humor but keep it light and appropriate to the setting. A good hook sets the tone and makes your business pitch stand out.

 

2. Build Connection

Your ability to connect with the audience is one of the essential entrepreneurial skills that can set you apart. To effectively engage your audience, share a short transformational or relatable story that illustrates the problem and your solution. 

Focus on the positive outcome —how will it make your customer’s life better, highlighting your entrepreneurial vision and understanding of the market.

 

3. Justify Your Idea

Back it up with facts or data. Even one strong piece of evidence can establish trust and credibility. This is where your entrepreneurial skills come into play.

 

4. Inspire Action

End with your vision and a clear next step: what’s in it for the audience, and what do you want them to do?

 

Pro Tip: Treat it like a conversation: rather than performing a monologue, think of your pitch as a two-way dialogue. Pay attention to their reactions, adapt if needed, and engage them naturally. A great pitch isn’t just delivered – it’s shared.

 

Tailoring Your Elevator Pitch to Different Audiences

Your pitch isn’t one-size-fits-all. For young entrepreneurs, honing this skill also involves understanding your audience and adapting your pitch to meet their specific interests. Who you’re talking to—and the context of the conversation—matters.

Example scenarios:

  • Investors: Highlight the market potential and return on investment (ROI).
  • Potential customers: Highlight how your idea solves their problem and makes their life easier.
  • Networking event: Keep it casual and focus on mutual benefits

At a startup networking event, people may be willing to hear a longer pitch. But in more casual or unrelated settings, keep it brief and punchy. For investors, you might want a polished, serious tone, while a playful delivery could resonate better with potential customers.

A strong entrepreneurial skill is knowing how to transition a conversation from small talk to meaningful dialogue.

 

Pro Tip: Pay attention to non-verbal cues. Is your audience nodding along? Great – keep going. Do they look distracted? Wrap it up or shift your tone, pacing or level of detail. Reading the room is key. The more you can speak their language, the better your pitch will land.

 

Elevator Pitch vs. Pitch Deck

Think of the elevator pitch as the cover of a book that catches your eye. The pitch deck, on the other hand, is the full synopsis on the backside that persuades you to buy the book.

A pitch deck is a 10-20 slide business presentation you use to dive deeper once you’ve hooked your audience. It’s a presentation about your business idea, market strategy, financial projections, and more. It’s usually shared after your elevator pitch has sparked interest.

Both are important, but they serve different purposes. Nail your elevator pitch first – it’s your ticket to getting people interested enough to ask for the full story.

 

Handling the Pressure: Delivering your Business Pitch Under Stress

Pitching your idea can be nerve-wracking. Your heart races, your palms sweat, and suddenly, the “Big Boss” in your head starts whispering (or yelling), second-guessing every word or move: Am I making sense? Do they think I’m credible? Is this going well?

Everyone has that internal voice. For some, it’s a whisper; for others, it’s a full-on shout. The trick isn’t to silence it completely, but to redirect your focus to where it truly matters – your audience.

Remember, the ability to sell your idea in 30 seconds can be the difference between opening a new door or missing out on an opportunity. So don’t stress about getting it perfect right away—just start with a clear structure, practice, and refine it as you go.

 

Quieting the Big Boss

The voice in your head might try to convince you that every word must be perfect or that one slip-up will ruin everything. But perfection isn’t the goal, connection is. Instead of battling the Big Boss, acknowledge its presence and shift your focus towards your audience. Ask yourself: 

  • What does my audience need to hear? 
  • How can I make this relevant to them?

By focusing on your audience’s perspective, you can quiet the self-doubt and make your message resonate.

 

Escaping the Spotlight Effect

We often feel like everyone is scrutinizing us, but here’s the good news, they’re not. Most people are preoccupied with their own thoughts and concerns. 
Instead of worrying about how you look or sound, ask yourself: 

  • What value am I offering them?
  • Are they intrigued by what I’m saying? Curious? Do they want to know more?

 

Make stress work for you

A little stress isn’t the enemy – it’s fuel. Use that energy to bring enthusiasm and passion to your pitch. Before you start, take a deep breath, center yourself, and kick things off with confidence. First impressions matter, and a strong opening sets the tone.

 

Practice makes perfect

Rehearse your business pitch in front of a mirror, record yourself, or practice with family and friends. The more you refine it, the more natural it will feel. 
By focusing on clear communication, storytelling, and a strong call to action, you can create a memorable elevator pitch that opens doors to new opportunities.

 

Ready to Perfect Your Elevator Pitch?

Your elevator pitch is your moment to leave a memorable first impression. It’s not just about what you say—it’s how you say it. Practice, refine, and adapt your pitch to fit your audience, and you’ll be ready to make the most of every opportunity that comes your way. 

 

Looking for more tips on crafting a winning pitch or taking your business idea to the next level? The YEP Academy has you covered with courses, resources, and expert advice tailored to young entrepreneurs. 

Explore the possibilities and start opening those doors today! 

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