Connect with us

Startup

How do you pitch your startup to potential investors?

As a founder, pitching your idea to a potential investor is never easy. However, you can always learn from other experienced and successful startup founders who have gone through the same journey. In addition, there are also startup events that […]

The post How do you pitch your startup to potential investors? appeared first on Tech News | Startups News.

Avatar

Published

on

As a founder, pitching your idea to a potential investor is never easy. However, you can always learn from other experienced and successful startup founders who have gone through the same journey. In addition, there are also startup events that help you pitch to potential investors. Typical scenarios could include an investor breakfast, a demo-day event, a startup competition, or a closed angel network community.

There’s also StartupBus, another startup created to empower the creators of the next generation of technology companies to disrupt the status quo, StartupBus is the legendary startup competition and boot camp that fast forwards lives and careers.

StartupBus provides a 72-hour hackathon that takes place on seven buses as they make their way across North America to Austin for SXSW. Over 152 founders and entrepreneurs have already pitched their ideas using StartupBus.

That being said, the best way to learn how to pitch is to learn by example. For example, the Airbnb pitch deck that raised $500K in 2009 is the most sought by startup founders and has become an increasingly popular reference for entrepreneurs around the world. The company founders, Brian Chesky, Joe Gebbia, and Nathan Blecharczyk used this pitch to raise $600K from Sequoia Capital and Y Ventures.

Airbnb pitch deck slide distribution

  1. Cover
  2. Problem
  3. Solution
  4. Market Validation
  5. Market Size
  6. Product
  7. Business Model <<< KILLER SLIDE!
  8. Adoption Strategy
  9. Competition
  10. Competitive Advantages
  11. Team
  12. Press
  13. Users Testimonials
  14. Financial

Below are the two most important slides from the Airbnb pitch deck.

With that, we would also like to share a perfect example of a startup application submitted to Y Combinator by Lambda School, an online code Bootcamp with no upfront cost.

Below is the Lambda School application.

Finally, below is a video of how to pitch your startup. In this video, YC Partner Kevin Hale goes over how to package up your idea and communicate it to an investor. He shares his tips on how to craft your pitch in a clear and concise way that effectively grabs your audience’s attention.

Here is another one.


Source: https://techstartups.com/2020/10/13/pitch-startup-potential-investors/

Startup

How to perfectly answer the question “why do you want this job?”

Initially, it seems a lot easier to answer, but it isn’t as easy as it seems to be. The hiring manager often asks this question to check if the candidate appearing for this position is fit for his/her role or not. They want to test the seriousness of the candidate towards their company. Answering questions […]

Avatar

Published

on

Initially, it seems a lot easier to answer, but it isn’t as easy as it seems to be. The hiring manager often asks this question to check if the candidate appearing for this position is fit for his/her role or not. They want to test the seriousness of the candidate towards their company.

Answering questions like these requires preparation and some research on the company you’re applying for. 

In this article, we will discuss all the tips and tricks you’ll need to ace the question- Why do you want this job?

1. Different forms of the question- “Why do you want this job?”

Sometimes the interviewer may twist the question and ask it in some other form to test the candidate. However, make sure that the answer to all these questions will remain the same.

The questions may be asked as:

  • Why are you interested in the company?
  • Why are you interested in the job?
  • Why do you want to work for us?
  • Why this company?
  • Why would you like to work here?

You must be able to answer all of these questions to ace your interview, and to do so; you’ll need to do some research. So, let’s proceed with that.

2. Research the company.

Along with sharing your motives and goals towards the company, you will also be needing to check the company’s background thoroughly. If you already know all about the company and why it’s a good match for you, you can skip this part and practice your answer. 

  • Company’s website: You can start by researching its website as it is the easiest and the most convenient way to know the company. Most of the job prospects and essential things are mentioned on the website only. The company’s website covers everything from firm history to the mission statement to product lines to the latest awards and accomplishments. Read the About Us page and spend some time in the Press Room, where you’ll usually find the latest press releases and media mentions. Check their social links, also like LinkedIn, Twitter, Facebook, YouTube, etc.  
  • Media coverage: Check recent articles, press releases, industry publications, etc. of the company. These publications can help you find the recent trends and reputation of the company.
  • Social network: Check out the company’s LinkedIn handles and Twitter handle, know about its latest news and interests.

3. Time to answer!

Now that your research is complete, it’s time for the showtime!

Make sure that the interviewer is looking for someone serious towards their company. So your answer must reflect seriousness and goals and motives towards the company. A right answer will demonstrate knowledge of the company and industry. 

Reasons you can give for answering – why do you want this job?

  • Company general reputation
  • The reputation of critical leaders
  • Admiration of products/services
  • Admiration of other company initiatives (marketing campaign, community involvement, training programs)
  • Company culture and values
  • Company growth/success

Try thinking of some other reasons, but don’t answer, “I want to work here because I’m trying to find a job.” 

It is an unprofessional answer and creates a wrong impression on the interviewer.

Note: You might want to read an article written by me on- jobs near me. Read it here: https://timesnext.com/jobs-near-me-tips/.

 4. Tips for answering- Why do you want this job?

  • Research the company ahead of time- Respondents will be listening to a response that indicates that you have researched the company. Make sure you know some necessary details about the company and the job. You may want to read the latest articles in the company to get a sense of their current goals and projects. Also, be sure to re-learn posting work. In this way, in answering the question, you could say something about the company and the position that you are interested in.
  • State clearly why you feel that way- Explain what makes you well prepared for this role. To prepare your answer, make a list of job requirements (as defined in the job list), and identify which needs match your skills and experience. In your answer, highlight a few skills you need to get the job and include practical examples of your previous jobs.
  • Emphasize what you can do- Your feedback should also emphasize what you can put in the company – what will you replace? Mention any skills or knowledge of the job that makes it a unique, stable history of that job. If possible, use numbers to show how you can add value to your business. For example, if you keep your previous company a certain amount of money, say this, and say you want to do the same for this company.

Follow these tips and ace your interview!

Note: You might want to read an article written by me on- tips on fresher jobs. Read it here: https://timesnext.com/fresher-jobs-7-tips-applying-for-job-as-fresher/.

You can find thousand of startup jobs and internships near you on KillerLaunch.com. At KillerLaunch, you can apply to any job in just 30 seconds. So visit KillerLaunch.com today!

5. Common mistakes.

  • Avoid reasons that are too personal- If true, you might cite a salary, hours, or commute to work as a prime reason. Remember that you want to focus on how you can benefit the company, not how the company or job can benefit you.
  • Do not renew your resume for a long time- Although the sample responses here refer to the candidates’ information, they only indicate that the respondents have several years of experience listed in the “minor qualifications” section. Providing a long history of work puts a lot of emphasis on you; your primary focus should be on the company you rented and the amount you can bring to them. Choose and be short on items for your work history you choose to share.

6. Sample answers for answering – Why do you want this job?

#1 Answer:

“I love interacting with customers, and my last job took me a bit away from that. I’m looking to find a role that will let me get back to the direct customer interaction I enjoy. I took a look at the job description before coming in, and it seems like this role involves a lot of customer-facing work.”

#2 Answer:

“I think my biggest motive right now in my job search is to continue building my business development skills. I took on more and more of that in my last role as a Recruiter and enjoyed it a lot. I reviewed the job description and saw this mentioned a lot, so I thought the position seems like a good fit for what I want, but a role where my skill set would be well-used and needed. So that’s why I want this job.”

#3 Answer:

I am looking for a firm where I can enjoy what I am doing, but I can also transition into new positions. I am very good at what I do, but new tools and technologies are coming out in the computer science field. I want a company that allows me to learn more and expand my capabilities into new areas. The fact that you sponsor a week of training every year and that most of the people I’ve met have been here more than five years shows me that we share the same values.

So, I hope this article solved all your queries and doubts regarding why you want this job.

Good luck with your future ahead and ace the interview!

Shrija Mishra is currently doing pursuing her bachelors and loves creative writing. She loves to put in her emotional through words which can be liked by the readers. She’s currently working in marketing and content team for killerlaunch.com

Source: https://timesnext.com/how-to-perfectly-answer-the-question-why-do-you-want-this-job/

Continue Reading

Startup

If You Haven’t Checked Out LOH Pizza, Patiala; You Really Should Now

“THERE’S NO BETTER FEELING IN THE WORLD THAN A WARM PIZZA BOX IN YOUR LAP.” – Kevin James. Don’t we all love pizza? Well, most of us in today’s world eat a pizza at least once a week. We all have picked up our favorites ranging from thin crust to cheese burst. Just standing at […]

Avatar

Published

on


THERE’S NO BETTER FEELING IN THE WORLD THAN A WARM PIZZA BOX IN YOUR LAP.”

– Kevin James.

Don’t we all love pizza? Well, most of us in today’s world eat a pizza at least once a week. We all have picked up our favorites ranging from thin crust to cheese burst. Just standing at a pizzeria and looking at how they play with the dough before putting into the oven for baking is itself satisfying. Although the majority of pizzas are baked in electric ovens, LOH has a unique concept of baking the pizzas in a wood fire. Let us hear it directly from the founder, shall we?

The Struggles Before Opening A Food Chain

The founder of LOH Pizza, Tej Singh was born and spent most of his childhood in Sirsa, Haryana. He completed his studies till the class tenth from Sirsa itself. After that, he shifted with his parents to Chandigarh. He completed his schooling in this beautiful place. Then, he decided to move to Australia for further education. He spent four years in Australia and did three diplomas in Hospitality, Management, and Advertising. The knowledge that he gained from these courses is now successfully being applied to LOH Pizza. Unfortunately, he was deported from Australia. He spent an entire week behind the bars with a detention list.

“I could have applied for my further stay in Australia, or could have found one way or the other to stay back, but I decided not to. I did not want to let my youth go in the drain by just getting citizenship for a country.“

Tells Tej Singh.

Next, he shifted to Canada but the atmosphere did not suit him well. He aspired to open a place of his own, so he tried to make it possible in Canada but he could not make it through. Therefore, he dropped the plan and decided to move back to India, establish a brand here, and then finally do something constructive in Canada.

Why A Cosy Pizza Place?

Honestly, I wasn’t very good academically. Since there are two ways to survive, either by using your brain or your skill, I chose skill.

Tej tells us.

Back in Australia, he started by doing all kinds of odd jobs like cleaning the dishes and delivering pizza. He landed in an Italian restaurant and toiled hard for two years. Soon, he was promoted from the deliveries to the kitchen.

“Initially I wasn’t a pizza lover,“

Tej says.

LOH Pizza

Through several years of working in an Italian setup, he rose from being a staff member to the kitchen to a cook. After that, he became a chef and finally, the chef’s head. During this beautiful journey filled with hardships, he fell in love with pizza and cooking. While watching the other cooks making pizza so passionately, his love for pizza sprouted. He then started to play with the dough, flour, and yeast out of fascination and landed up opening an entire chain of pizzas. He looked up the statistics of how well a pizza place can do and he was pretty impressed by the numbers.

Not only in Australia, but also he opted to work at a pizzeria in Canada. Conquering all highs and lows and making it through all the hustles and hazards of starting everything from a scratch; Tej now has three outlets of LOH Pizza and is looking forward to opening one in Canada.

 

All About LOH Pizza !

It’s not L-O-H, it is pronounced as lowh,“

the owner informs.

At the very early stage, he began by importing yeast and making money to open his own. He experimented a lot. He finds himself to be very fortunate for making it through. Even after the COVID situation, when everyone felt a dip; he was lucky enough to receive calls from the customers asking about the day when he’ll reopen his place as they were missing his pizza.

Tej Singh opened his first outlet in Mohali which is a takeaway place in the year 2018. Then, he planned to open a place at his birthplace, Sirsa. He accomplished that goal in the year 2019. The Sirsa outlet is a very large and comfortable space. Since he lived in Chandigarh, he had a lot of friends in Patiala who encouraged him to start an outlet there as well. In November 2019, he did that successfully as well.

After the lockdown, we started making healthier pizzas,“

says Tej Singh.

Since it is the need of the hour that each one of us switches to healthier options, LOH Pizza has done their part while serving us their healthy range pizzas. They have a set up where we grow green leaves which requires an optimum temperature of fewer than thirty degrees. There aren’t any pesticides or insecticides added and it is all organically grown. They naturally harvest their own bezels which are used in the making of pizzas, tea, and whatnot. They regularly monitor and maintain the levels of TDS, pH values to ensure that the bezels are perfect and organic.

Their main specialty which distinguishes them from the rest is a wood fire. They prepare their pizzas in wood fire and not in electric ovens. Also, the yeast they use in making their pizzas is natural. It just needs the basic following of the process of fermentation. Hence, they do it on their own and do not buy it from the market. Everything prepared in the kitchen is fresh. They make fresh dough, vegetables, and sauces daily which neither compromises the taste nor the quality of the food. Furthermore, they have special sauces for each type of pizza. For example, they don’t use the same sauce in a Margarita pizza and a meat pizza, they are entirely different which adds up to the flavor.

“We were the first in Patiala to introduce gluten-free pizza,“

joyfully exclaims Tej Singh.

Their gluten-free pizza has made them earn their name in the business. Due to their preparation of gluten-free pizza, they have a few celebrities like Rohanpreet Singh coming up to their place. Having huge celebrities as regular customers keep boosting their confidence to excel in their field.

Having said enough about the gluten-free pizza, they also serve whole wheat pizzas. The added advantage to their whole-wheat pizza is that they put spinach and beetroot in the mix which enhances the nutrient value of the pizza. Hence, their pizzas have all the protein, iron, zinc, and numerous other nutrients. According to the feedback received, Tej Singh tells us that they have the best thin crust pizza in Patiala.

loh pizza shakes

The next specialty is their thick shakes. Their shakes do not have ice and sugar. They add cream which they manufacture in their own plant. Their in-house cream is consistent and the owner speaks very fondly of it. You know how sometimes our straws fall towards the edge of the container, that’s not the case with the thick shakes prepared by LOH Pizza. Their shakes have a decent amount of consistency which refrains the straw to fall and it thus stays intact. They also have a range of pasta for the ones who are die-hard lovers of Italian cuisine.

Tej Singh says that he is passionate and considerate towards the work that he does. To date, he cooks most of the food that is to be served himself. Adding to that, he looks forward to the challenges that are yet to come and vouches to keep adjusting according to the need of the hour and what the customers demand.

Garima is the proud author of “Color Outside the Lines – Let’s double tap our imperfections”. As much as she loves stationery, her poetry written in cute spiral notebooks does justice to them. She works dedicatedly towards eliminating the stigma attached to mental health adding the meaning to her existence.

Source: https://timesnext.com/loh-pizza-patiala/

Continue Reading

Startup

Is the ban on arcade games in India going extreme?

India has always been the place for many controversies, and one of them is how the government deals with games. In a sense, games are what we need to differentiate on; what kind of games does the government have the right to ban, and what to they don’t. The rise of battle style games in […]

Avatar

Published

on

India has always been the place for many controversies, and one of them is how the government deals with games. In a sense, games are what we need to differentiate on; what kind of games does the government have the right to ban, and what to they don’t. The rise of battle style games in India certainly revolutionized the gaming industry. From games like Counter-Strike, Modern Warfare, Road Rash a many to more to games like Fortnite, Call of Duty, and more, these games have changed the way we experience the action and adventure genre have been a memory to many.

The games today have a common aspect to it; Violence. Today’s theme is to win, be the number one in the game, or be a hero, and all these lead to killing many characters. The way these games have inspired many is the same reason as to why these games are now facing retaliation by the government. Parents have always been crying out the same reason that their children spend much time on mobile games or in front of the console instead of reading a book or getting some vitamins from the sun (indirectly as a way to sweat out and play). They fear that these might get out of hand and affect their studies and potentially damage their future.

Many of these players worldwide have started Gaming channels on YouTube, and in turn, the monetization scheme of Youtube turns these players into their partners, and they earn money through games; the other ways of income also include promotions of various games. The Bandwagon effect has played its part here. In simple terms, the effect is a way to bring in new users through renowned players’ experience, and thus, in tur,n their fans play the games or use the product out of curiosity. Many such players who value themselves as “Pros” have started Channels these. Gaming Platforms like Twitch, Trovo, YouTube Gaming are platforms that provide the luxury of expressing gaming talents.

The Indian story: E-Sports

Recently, Prime Minister Narendra Modi had offered an idea to expand the digitalization of India. The E-sports platforms were an idea that he wanted to expand for the youth who struggled with unemployment. It came as good news to many Indian players, and foreign stars like Pewdiepie expressed his envy and pride for the Indian community. Indian Gamers like Mortal, Scout, out of joy, broadcasted their clan system to bring in more “Pro-type” players to the team, being inspired by Foreign E-sports teams like Tribe, Xset, and many more. The Indian game platform was at the zenith of expansion, and it was like a dream for many!

Then came the app ban, an effect of the inter-country clash. Many apps that had their origination in China were banned, and PUBG was feared to be next in line. Call of Duty Mobile, helmed by Activision, had relations with a Chinese gaming company, Tencent, who also was in partnership with PUBG Corporation. Activision severed its partnership with Tencent as early as possible and was the smartest move in the Indian Sector. They knew that the ban could affect their stats and earnings. PUBG failed to realize it soon, and the ban had happened faster than they could ever adapt to the change. 

The ban affected many Indian E-sport careers. They were lost on returning to their viewers, which new content and prevent any more subscribers’ loss. Each subscriber is as vital to the popularity of the gamer. The way one could get subscribers is much difficult today than earlier. Better Content, Excellent Gameplay, and more could help the viewers have a better hand at their game, and it is what a subscriber increase would seem. The ban itself has even given more popularity to games than reduce it. Games like Among Us, Fall Guys, and more have gained fame overnight and improve subscriber interest.

The Reason for the Ban: Is there a solution?

For some time, even state governments have been trying to ban some games like Fortnite. The Andhra Pradesh government wanted to ban Fortnite because it was seriously impacting student lives and hindering student growth in education. It propagated violence and more than studies; the game was the talk of many students, and parents’ complaints only worsened it. It is only a matter of time when a popular game like Fortnite could be banned as well. One might never even know. The call for the ban has been an instrumental factor for the overall development of the child. A survey had warned of these games’ impact on children’s mental health, spending more than 6-8 hours every day. If not controlled, the player could suffer from exhaustion and even death. Many cases have been reported where a 14-year-old had died due to mental exhaustion. Sometimes, the games go to the extent where some kids buy in gamin-game through their parents’ bank accounts, unaccounted for.

The games have also created a mental urge to be better at the game and get affected by loss in a game against friends and other players. The adult population of the game use profanity, which the kids learn from the game. Loneliness, Depression are some of the side effects of these games. The importance of a social creation among friends and others is taught in schools to tackle this. Counseling and much are some extreme steps that the kids are set to face and might even cause embarrassment, but they wouldn’t realize the betterment it provides. Banning a game cannot solve any crisis; it is the early onset of control that must be placed onto the child to solve these crises. The same policy is what has to be applied and taught to parents as well.

My passion is Reading and writing. Basically, an optimistic introvert. Always striving to be better. Writing as a passion leads me to become stronger and focused.

Source: https://timesnext.com/is-the-ban-on-arcade-games-in-india-going-extreme/

Continue Reading
Blockchain2 hours ago

Blockchain2 hours ago

Blockchain2 hours ago

Blockchain2 hours ago

Blockchain2 hours ago

Blockchain2 hours ago

Blockchain2 hours ago

Blockchain2 hours ago

Blockchain2 hours ago

Blockchain2 hours ago

Saas2 hours ago

Saas2 hours ago

Saas2 hours ago

Saas2 hours ago

Saas2 hours ago

Saas2 hours ago

Saas2 hours ago

Saas2 hours ago

Saas2 hours ago

Saas2 hours ago

Blockchain3 hours ago

Polkadot, Tron, FTX Token Price Analysis: 31 October

Blockchain3 hours ago

Industry Players Share Spooktacular Stories About Their Horrible Investments

Blockchain4 hours ago

Irans Zentralbank bald Bitcoin-Wal?

Blockchain4 hours ago

Hogyan tévesztette meg a Binance az amerikai szabályozókat? A kiszivárogtatott Tai Chi dokumentum állítólagosan mindent kitálal

Press Releases4 hours ago

Jim Erpenbach DDS offers advanced aesthetic dental therapy using biomimetic dentistry techniques.

Press Releases4 hours ago

Bimekizumab Phase 3 Data Shows Superior Skin Clearance Over Humira® in Moderate-to-Severe Psoriasis Patients

Startup5 hours ago

How to perfectly answer the question “why do you want this job?”

Startup5 hours ago

If You Haven’t Checked Out LOH Pizza, Patiala; You Really Should Now

Startup5 hours ago

Is the ban on arcade games in India going extreme?

Blockchain6 hours ago

Blockchain6 hours ago

Blockchain6 hours ago

Blockchain6 hours ago

Blockchain6 hours ago

Blockchain6 hours ago

Blockchain6 hours ago

Blockchain6 hours ago

Blockchain6 hours ago

Blockchain6 hours ago

Saas6 hours ago

Trending