Startup messaging is like defusing a bomb
đŁ The first 60 seconds are crucial.
Get them to understand your productâŚ
âąď¸ And you earn more time.
If they donât understand your productâŚ
đ´ They tune out.
____
90% of startups fail the 60 second challenge.
Last week I saw this firsthand attending the Capital Factory startup crawl.
Here is how each conversation went:
Me: âHey! What does your startup do?â
Them: [60-90 second pitch]
â every 9th word was âplatformâ or âall-in-oneâ
â buzz words left and right âAI, transformation, at scaleâ
And after the 90 seconds was upâŚ
â I STILL HAD NO IDEA WHAT THEIR PRODUCT DID
So I asked.
And after ~3-5 more minutes, each founder was able to get me to understand:
â what they did
â who their users are
â how it works
But herein lies the rubâŚ
đ You donât have the luxury of 5 minute conversations with new prospects.
According to HubSpot study, website visitors only spend 54 seconds on a site.
And even less time on social platforms, ads, etc.
â You MUST crush the first 60 seconds
To do this, you have to clearly communicate the following:
â the problem you are solving
â who has the problem (target customer)
â what the product is (product category)
â what the product does for a user (main capability)
Does your startup pass the 60 second test?
Ben Wilentz
Founder, Stealth Startup