Tim DraperFounder and Managing Partne, Draper Associate · I back the ideas that look crazy first

The Biggest Mistake Entrepreneurs Make When Pitching Their Business ❌🏢 #shorts

30 Apr 2024 · 0 min

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0:24

Max says the biggest mistake entrepreneurs make when pitching is not knowing their target customers well enough. You need to understand exactly who you're building for, what problem you're solving, and why it matters, not just try to impress investors.

Hey, Max! Oh, hey guys, how's it going? We have a question for you. Tell me. What's the biggest mistake entrepreneurs make during their pitches?
I think the biggest mistake entrepreneurs do during their pitches is not having identified their customers. Know exactly who you're building this for. Don't build something, try to pitch it to investors. Like, go deep understanding who's going to be your customer, what are you changing in the world, and go solve that for them. That's the most important.