Winning on Shark Tank: Nine Strategies for Selling Your Bright Ideas - Innovationedge

Winning on Shark Tank: Nine Strategies for Selling Your Bright Ideas - Innovationedge

Innovationedge team's Robert Tucker provides tips on how to sell your idea effectively, emphasizing that selling an idea is an essential skill. The essential skill requires thorough research, summarizing your concept's viewpoint, realizing the right time to pitch the idea and why it would be beneficial to your audience. It would help if you focused on how the concept benefits both the user and the company. Avoid complicating the idea; if necessary, use a metaphor for better understanding, build prototypes, and create a simple PowerPoint. Customize your approach according to the audience you're pitching to; if you're presenting to a CEO, consider their goals, and adjust your presentation accordingly. Be welcoming of feedback, even if it's unfavorable, and use it to improve your idea.

View

More Innovation Resources:

Beyond Tech and Elusive Geniuses – The Everyday Innovation Heroes

Beyond Tech and Elusive Geniuses – The Everyday Innovation Heroes

Innovation Sigma champions everyday heroes in the workplace, providing a structured framework to build an internal army of innovation practitioners.

View

5 Super Steroids That Seriously Scale Your Intrapreneurship Program

Intrapreneurship can be a great innovation strategy but 90% of programs don't succeed. Innovation expert Jan Kennedy shares his 5 "steroids" to make your program work.

View

Increase serendipitous connections with crowdsourcing

The small-world phenomenon theory suggests we are all linked by short chains of acquaintances. Recent research shows that the average number of acquaintances separating any two people is 3.9, not six. With the rise of social media and networks, this advantage can be leveraged for innovation projects and business opportunities.

View