Entrepreneur Elevator Pitch Season 4 Episode 1: 'You Attacked Me!'Our weekly pitch show is back as the investors judge whether four women are ready to take the next steps in their businesses.

通过Entrepreneur Staff

Entrepreneur Elevator Pitchinvites ambitious entrepreneurs to step into theEntrepreneur Elevator, then gives them 60 seconds to pique the judges' interest. It's a high-pressure, fast-paced environment in which startup founders need to race the clock while maintaining their composure to make a clear, deliberate pitch that covers at least three essential components:

  1. Defining the company
  2. Making the request
  3. Specifying what the investment money will be used for

The investors watch the pitch through a video livestream while the elevator ascends to the boardroom floor. Once the 60 seconds are up, the group votes on whether to open the doors or send the founder back down and pass on investing.

Related:Entrepreneur Elevator Pitch Season 3 Episode 12: What Are You Going to Do With Our $400,000?

The four women founders who appear in this episode have created a wide range of products and services in the childcare, wedding, fashion and music industries. Each one has past the point of prototypes and started making sales. They have been working on their businesses for years and doubtless know them back-to-front.

Even so, the clock manages to disrupt some of the presentations. One founder rushes through her pitch, using only 40 of her 60 seconds and failing to adequately differentiate her company from its competitors. Another runs just a little over her time and needs to squeeze in one final line at the buzzer.

Two of the four founders manage to convince the judges to open the elevator doors, but that's only the first step. From there, they have to explain a more complete version of their vision and negotiate with the judges to create a deal that fits both sides.

Watch the video to see who manages to make it all the way through the process and secure an investment from the judges.

Entrepreneur Elevator Pitchin partnership withSports 1 Marketingstreams Wednesdays onentrepreneur.com. Follow Entrepreneur Elevator Pitch onFacebook,YouTubeandIGTV.

Entrepreneur Staff

Entrepreneur Staff

Editor

Editor's Pick

Related Topics

Science & Technology

5 Tips to Help Business Leaders Make Sense of the AI Landscape

The article emphasizes the importance of understanding AI technologies and their potential applications in achieving business goals. It serves as a guide to creating an AI strategy.

Business News

'Resort Fees' and Other 'Junk Fees' May Soon Be a Thing of the Past—Here's Why

The U.S. government wants to ban hidden travel charges.

Business News

Family Dollar Recalls Over 300 Products 'Out of an Abundance of Caution'

The discount retailer is recalling hundreds of products after the FDA found that they were not stored properly.

Starting a Business

The Opportunities We Unlock As Solopreneurs

In this episode, Angela Shen, owner and founder of Savor the Wild Tours, discusses starting a new business and changing her approach after selling her first business, Savor Seattle.

Marketing

This Powerful Marketing Strategy Will Help You Outshine Your Competitors and Make Your Brand More Memorable

Direct mail is stealing the show in the crowded marketing landscape. Here's why.