All the way back in 2014 John Chi was a finalist in the Titan Fast Pitch competition thanks to his great idea, for sure, but also for how excellent he was at pitching his idea. John knew his idea front to back and was able to take that knowledge and boil it down to its essence in a compelling way.
Any student that is looking to start their entrepreneurial journey and earn a part of some scholarships at the Titan Fast Pitch on October 21 should watch this great example from John Chi:
What did John do right?
He got to the value proposition, or the “why”, at the beginning. John introduces his concept with a question about what do you do when your body starts to wear out. It’s a powerful question and it immediately grabbed the audiences’ (and judges’) attention. Stem cells are the answer and he launches into a concise explanation of how his business, Synova Life Sciences, will use a person’s own stem cells to help them regenerate lost tissue and feel better.
Along the way during his rapid-fire delivery John talks about the market size, which is large, what his business model (how he will make money) is, and his key partners. It’s a masterful performance and John has taken that performance on the road and has been very successful at other competitions as well.
And John is still developing his concept. As you can imagine, stem cell therapy is not a business you start overnight, but John did get his start in part thanks to his experience at the Titan Fast Pitch.
That is the power of competitions like the Titan Fast Pitch. It helps you get started. (And if you’re worried that you can’t do as well as John did my advice would be to not be. Practicing your pitch will certainly help as will developing your idea. Just remember that this competition, as with everything in life, isn’t a cul-de-sac for your entrepreneurial aspirations. It’s merely a point along the line that hopefully ends with you creating something awesome!)
If you are interested in competing in the Titan Fast Pitch we couldn’t be happier. Make sure to sign up today and if you have any questions we are happy to answer them and help you start your life as an entrepreneur. Please send all questions to csufentrepreneurship@fullerton.edu and we will respond as soon as possible.
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