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3 Lessons from My First Pitch

Written by Katie Mehnert | Feb 19, 2015 12:00:06 PM

Last fall I received the call to pitch Pink Petro to investors at the University of Texas Energy Week with several venture capitalists and industry companies.  You have to know that my first reaction was "who me and why little old me?"  At the time Pink Petro was three napkins of scribble over five glasses of wine that had sat in my work bag untouched.  It existed in my head and my heart and it was just going to be a transitional project.

Hmm, it's quite the project, I must say! 

Pitching is not the glamour you see on television. (Oh, wait, what really is real on tv?)  It's hard work and it's not a one-shot deal.  Like anything else it's about developing relationships.

When I reflect back on the day, I offer 3 lessons when pitching (anything), really.

Pace, pace, pace.  Never, ever tell them everything.  

Curiosity is one of those great conversation starters. When you pitch anything in life whether its widgets or if you are selling yourself, you have to leave some room for mystery.  It's a balance between giving them enough to want more versus smothering them with your eager-beaver routine.  Dance a little.  I walked away with validation that I'm on the right track than thinking I'm on the wrong one.

Present later in the day. 

I'm a morning person so forcing myself to be second to last is hard.  In this case it was chosen for me.  What a gift!  I got to see the other pitches and was able to build on others presentations and learn from their approaches.  Watching others do it make the process a lot less intimidating and it gave me a sense of the cultural norms.

Have fun and learn.

So, just before my pitch I needed to excuse myself.  I was so nervous I walked into the men's bathroom to apply a little lipstick.  The poor gent who ran into me was mortified and started to apologize. I smiled calmly and told him I'm used to being the "only female" and walked out.  It got me thinking ... when you live in a mans world I guess it doesn't matter where you stop to freshen up. I fit in just fine.

Learning is the best part of this experience.  Winning is not about the award.  It's about what comes next... 

Have you ever pitched something?  How did it go?  What did you learn?  Did you have fun?