My process: learning to pitch cross-culturally and Sloan takeaways to pitch anything anywhere
I am not a natural pitch-giver, but the path I’ve chosen has taken me to the MBA program in China, where I tend to be a joiner of nearly every project that involves cross-cultural entrepreneurship activity – from developing my business plan in the team consisting of people of completely polar cultures, to projects where an international company makes a very opportune yet very challenging choice to enter the market of China. Since in every of these teams and projects I happen to be one of those rare individuals who are westerners yet with a 10-year experience of living in this very different Asian culture and knowing its business mentality from inside after years of doing the East-West business, I often have to take a leading role in many aspects. And there it comes to pitching cross-culturally. Which means that you have to sell your idea to an extremely diverse and in many ways antipodal audience.
Here are a few things that I did in this experience, as well as the things that I did not do, which is the new knowledge I am acquiring today.
1. Communicate value proposition in one brilliant sentence. This is something that I have learned from my Chinese-Hongkongese professor who would persistently interrupt any of our efforts to demonstrate how we will pitch our startup at our entrepreneurial training sessions: Where is your value proposition?? He would mock and interrupt us with this very question every single time when we did another poor effort to explain the same, until he would get upset, until we would feel exhausted, and until we would actually come up with one efficiently articulate statement that could explain it all in one valuable sentence. This is something that works cross-culturally, on any part of globe, no matter what you are selling and who your audience is.
2. Emotion first, features second. It has been proven by many marketing researchers that emotion and aspiration is something that clings to people’s mind at the first place, and ones it caught them, you shall go on with functional features, projections and other details of your focus.
3. When you are working internationally and cross-culturally, be a bridge between those opposing cultures, be an ambassador and show the deep understanding of the culture that is foreign to you or to the product that you are bringing in, touch the roots or specifics of this culture that are crucial to your product – this breaks the borders and creates connection and closeness.
These are the three keypoints that I have been relying on and which so far worked in my learning and projects related to learning. The real-world experience is still on the way though, and here are a few techniques that I am picking up in this course and that I will definitely add into my bank of takeaways:
· Know your personal pitcher type – the showrunner, the artist or the neophyte – and wisely operate the featured tools of your type
· Involve your audience, make them your active participators and collaborators of the process, make it a dialogue, thus increasing the audience’s interest and improving your chances to sell
· Value the moment and be aware that the audience will develop their impression of you and your enterprise in a matter of the first few moments, therefore, don’t wait for a culmination moment and impress ASAP. Deliver that simple and effective message that will make the audience get it all in one sentence.
· Keep in mind behavioral science and typical human biases and heuristics, one of the most important of which is that people tend to memorize bad experiences over good ones within the same encounter, thus one failed element can count over a dozen of successful ones. Another important point in this matter is that that your finale will be as memorable as your effective intro, thus remember to finish strong.
· Avoid at all costs typical mistakes that are able to kill your pitch, such as failing to defend your ideas once they undergo a challenge or a criticism, delivering a canned, robotical presentation; arrogance, insistence and lack of flexibility and ability to listen to feedback and take value out of it; showing desperation to have your job going on.
· Find your intrigue ping – your unique piece of information that will serve as a hook point to engage the audience and have them captivated
Pitching and being convincing, however, is much more complicated than it could be thought by me at the beginning, and like any science or high skill it must be learned, developed and honed.
To finish, I’d like to draw an illustration of a pitch that made me both laugh hard and made me want to invest:-)













