Episode 170-Pitch Deck: What is a pitch Deck?

project or anything else. So this is Krishna sharing some of my own learnings and sharing everything that I've learned over the years, putting various pitch-techs together. So let's get right into it. What is a PitchTech? A pitch-tech? Well I won't tell you what's the definition or a dictionary meaning of that is a pitch-tech is a carefully constructed set of thoughts that in the most simplest terms

possible convey what your business idea exactly is. That's it. That's what it means in a nutshell. It's not a fancy looking document, it's not a thesis document, it's not some doctoral summary or anything of that sort. And it doesn't, while there are lots of templates and formats available, I, formats available, you don't need to stick to one. As long as it satisfies this definition that it's

a simple, concise explanation of your business idea or your business, if you're already in business and making money. So why do you need it? The reason you need a pitch-tech is because when you actually pitch an idea, you're going to say a few things in the form of a verbal conversation, although a structured elevator page or a larger pitch can necessarily give out a lot more

information. But the reason you put a pitch-tech together is for a variety of reasons. Sometimes you need to present your idea in a structured manner. Some other time you need to email somebody or let somebody else know remotely when you are unable to be there in person, what your particular idea is about. Another core of it, a pitch-tech is a way for you to get all,

to get all of your thoughts about your business idea in a structured manner. For instance, if you have a great idea and if you think that idea is going to be big, the pitch-tech, in the pitch-tech, you're going to get into a lot more detail. Okay, you have this idea. So who are going to be the customers? What are the business model elements going to look

like? How are you going to make money? Because that's exactly what we're thinking. You need a pitch-tech for, isn't it? You either want someone to give you money to build your business or you want someone else to partner with you or collaborate with you so that your own business idea becomes that much more larger. Those are some of the reasons you actually put a pitch-tech together.

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