Search
Close this search box.
Blog » Business Tips » 5 Reasons You Need an Elevator Pitch

5 Reasons You Need an Elevator Pitch

Updated on August 8th, 2018
connected-world-through-blockchain

Have you ever heard someone’s job title and wondered exactly what it means? Some job title’s seem to describe exactly what that person does while others leave you wondering.

Take the title, “sheepherder”, as an example. While you, personally, may not know many sheepherders, the title does tell you just what they do: they herd sheep.

On the other hand, the title, “special assistant”, tells very little about what that person actually does. What things do they assist with? It could be anything from a maid to an administrative assistant.

If your job title doesn’t describe what you actually do, it’s possible you need an elevator pitch.

What is an Elevator Pitch?

An elevator pitch is so named because you could deliver it during a short elevator ride. That’s all the time it would take to tell someone what you do for a living in layman’s terms.

In written form, it’s usually anywhere from a few sentences to a paragraph in length. When spoken verbally, it should last only about 20 seconds or so.

Reasons You Need an Elevator Pitch

There’s actually more than one reason you need to create an elevator pitch.

1. Provide Smooth Delivery

When I’m asked a question I’m not prepared for, I can’t always answer and I get flustered. I don’t know about you, but I dislike being taken off guard like that.

Having an elevator pitch helps you eliminated that type of situation. Instead of being caught unaware, you can be ready for whatever is thrown your way.

But, of course, for that to work you must write out an elevator pitch ahead of time and practice it aloud. That way, when you are approached about what you do, you can recite it flawlessly.

2. Gain Attention to Yourself

The elevator pitch is persuasive in nature.  Your goal is to get people interested in you or your job. To make that happen, your elevator pitch needs to gain attention.

Injecting something interesting can help to gain the attention you need.

3. Introduce Your Business

Obviously another reason to use an elevator pitch could be to introduce your business or company rather than yourself. Once again, it needs to be compelling and unique to have the desired effect.

Tell them what your business does, makes or provides. Add information about how it provides service or value to others and you may end up with new customers.

4. Promote a Product

Promoting a product is another of the reasons you could use an elevator pitch. Using a short, well-rehearsed spiel is a great way to get investors, customers, and others information about something new.

Give a few exciting features that leave listeners wanting more and you’ll have them hooked.

5. Present an Idea

Additionally, you could use your pitch to present an idea. Tell about any unique details that make your idea a good one.

As you can see, there are several reasons you need an elevator pitch. Then when opportunity comes knocking on your door, you can let it in.

Kayla Sloan

Kayla Sloan

Kayla is passionate about helping people get their finances in order so they can pursue a life of freedom. She quit her job to work for herself with over $148,000 of debt and swears it was the best decision she's ever made!

About Due

Due makes it easier to retire on your terms. We give you a realistic view on exactly where you’re at financially so when you retire you know how much money you’ll get each month. Get started today.

Categories

Top Trending Posts

Due Fact-Checking Standards and Processes

To ensure we’re putting out the highest content standards, we sought out the help of certified financial experts and accredited individuals to verify our advice. We also rely on them for the most up to date information and data to make sure our in-depth research has the facts right, for today… Not yesterday. Our financial expert review board allows our readers to not only trust the information they are reading but to act on it as well. Most of our authors are CFP (Certified Financial Planners) or CRPC (Chartered Retirement Planning Counselor) certified and all have college degrees. Learn more about annuities, retirement advice and take the correct steps towards financial freedom and knowing exactly where you stand today. Learn everything about our top-notch financial expert reviews below… Learn More