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The Successful Pitch with John Livesay

The Successful Pitch interviews thought leaders, speakers and authors as well as successful startups who share their secrets in raising funding, Investors give inside tips on what they look for when they hear a pitch. Join your host, The Pitch Whisperer and author John Livesay as he provides insights on how to make your pitch compelling, easy to understand and inspiring. John is a keynote speaker on Getting To Yes and shares tips on going from invisible to irresistible to win new clients.
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Jun 12, 2015

 

Episode Summary

Randy Rayess is the co-founder of Venture Pact as well as an angel investor. Randy was the finalist for the Innovative Awards in 2014 and has a lot of valuable insight for tech entrepreneurs. On the show, Randy talks about the importance of screening a good team, solutions to tough problems do not happen overnight, and much more on today's show.

Key Takeaways

  • 01:45 - How did Randy get the entrepreneur bug?
  • 03:40 - How did Randy come up with Venture Pact?
  • 04:10 - Work on solving a tough problem no other startup can solve.
  • 05:50 - Running a start up is a crazy marathon with a bunch of obstacles on the run.
  • 06:35 - It takes time to find the right market and to have a scalable business model.
  • 10:00 - Randy looks for a team to vet, not just one person.
  • 15:45 - It's important to find investors who are in the same field you're in.
  • 19:05 - Warm connections are the best way to reach out to an investor.
  • 20:30 - Short pitch decks let you focus investors' attention better than longer pitch decks.
  • 21:15 - What should developers do if they're in the game industry?
  • 23:08 - Randy lists a couple of his favorite books.

Tweetables

Startups require a lot of patience and extreme persistence.
Work on solving a tough problem no other startup can solve.
Running a start up is a crazy marathon with a bunch of obstacles on the run.
Short pitch decks let you focus investors' attention better than longer pitch decks.

Links Mentioned

The Power of Now by Eckart Tolle
Drive by Daniel Pink Only the Paranoid Survive by Andrew Grove
Lean Startup by Eric Ries
@RandyRayess
Randy Rayess LinkedIn
Questions@VenturePact.Com.

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