Curse of Knowledge

Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing.

The Curse of knowledge is defined by Wikipedia as when better-informed people find it extremely difficult to think about problems from the perspective of lesser-informed people.

Startup founders are often experts in their field and find it difficult to discuss with investors who are not experts.

They are so close to the project that they often forget that others unfamiliar with the deal need more information.

To overcome the curse of knowledge in a startup pitch, consider the following:

Avoid using jargon and acronyms in the pitch.

Assume your audience is not familiar with your sector or technology and state keep points to clarify.

For example, don't assume the investor knows what your startup does.  

Instead, state what your business does in five words or less.

Don’t assume they understand your market and how it works.

Instead, outline the market structure and the key dynamics.

Don’t assume they understand the importance of your metrics.

Instead, show how your metrics compare to others in your industry.

It’s often the case that the investor fails to grasp the pitch because there are too many key points missing from the presentation.

Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.

Let’s go startup something today.

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For more episodes from Investor Connect, please visit the site at: http://investorconnect.org 

Check out our other podcasts here: https://investorconnect.org/ 
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Music courtesy of Bensound.

On this episode of Investor Connect, Hall welcomes James Frinzi, CEO at Multiband Global.

Located in Austin, Texas, USA, Multiband Global offers a solution for the complete IT and Network Lifecycle from deployment to decommissioning. They are backed by logistics, enterprise field service systems, and a global technician base.

At Multiband Global, they specialize in large-scale telecommunications, system/network planning and engineering, fire and life safety systems, low voltage cabling, electronic security, audiovisual, installation services, 5G, electronic waste recycling, and data destruction.

They custom design each project to meet the specific needs of our clients. Their design and planning stages are very thorough to ensure industry standards and maximum effectiveness. With unmatched engineering and project management methods, they ensure that every project is fully aligned and completed in accordance with the client’s goals.

James is focused on providing a complete lifecycle of telecom services in the US, and across the globe, and in this episode he shares about the latest in the telecom world, the future of 5G and 6G, the importance, and the challenges he faces in the industry and much more.

Visit Multiband Global at multibandglobal.com/, www.linkedin.com/company/multiband-global, and on twitter.com/MultibandGlobal. 

Reach out to James at james.frinzi@multibandglobal.com, JAMES@FRINZI.NET, and on www.linkedin.com/in/jamesfrinzi. 

_______________________________________________________

For more episodes from Investor Connect, please visit the site at: http://investorconnect.org  

Check out our other podcasts here: https://investorconnect.org/ 
For Investors check out: https://tencapital.group/investor-landing/ 
For Startups check out: https://tencapital.group/company-landing/ 
For eGuides check out: https:/_/tencapital.group/education/ 
For upcoming Events, check out https://tencapital.group/events/  

For Feedback please contact info@tencapital.group   

Please follow, share, and leave a review.

Music courtesy of Bensound.