Why Your Startup Needs a Compelling Story
I cannot stress enough how crucial it is for founders to have their origin story down pat. Your origin story is not just about introducing yourself and your team; it’s about sharing why you’re passionate about solving the problem that your startup is addressing. As you create your pitch deck, be sure to dedicate the first few slides to your story.
When meeting with potential investors, they’re going to want to get a “vibe check” on you and understand why you’re excited about the problem you’re solving. As the journey of starting a business can be long and arduous, investors want to know that you’re resilient and have the drive to see it through, even when times get tough.
It’s not just about investors, though. Your origin story should be clear and concise enough to explain your vision to potential employees, customers, and partners. A strong origin story will make it easier to get buy-in from others and build a community around your brand.
A notable example of a company with a powerful origin story is Airbnb. The co-founders, Brian Chesky and Joe Gebbia, created their platform to help pay rent when they couldn’t afford it. They realized there was a gap in the market for travelers who wanted a more authentic experience, and the rest is history. Their origin story helped them to secure funding, attract customers, and build a community of hosts and guests.
So, as you’re preparing to pitch your startup, don’t underestimate the power of your origin story. Be clear, concise, and passionate, and you’ll be more likely to attract investors and build a successful business. Good luck!