Wednesday, April 4, 2012

Reuters: Small Business News: Management Tip of the Day: Perfect your elevator pitch

Reuters: Small Business News
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Management Tip of the Day: Perfect your elevator pitch
Apr 4th 2012, 12:27

BOSTON | Wed Apr 4, 2012 8:27am EDT

BOSTON (Reuters) - The "elevator pitch," in which you sell yourself in the time of an elevator ride, has to be even faster in this age of high-speed elevators and Twitter-sized attention spans, says Harvard Business Review.

The Management Tip of the Day offers quick, practical management tips and ideas from Harvard Business Review and HBR.org (www.hbr.org). Any opinions expressed are not endorsed by Reuters.

"The average length of an elevator ride in New York City is 118 seconds. If you use that as a guide, it means you've got less than two minutes to deliver a winning elevator pitch for your amazing new idea â€" wherever you are.

Start by grabbing your prospect's attention in the first few seconds. Convey who you are and describe what your business offers. Focus on what's in it for the person you're pitching.

Be sure to describe exactly what separates you from everyone else that sells the same product or service. If you hook her in, you might get to continue the discussion when you arrive at her floor."

- Today's management tip was adapted from "Why You Need a Better Elevator Pitch" by Jeffrey Hayzlett.

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