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Improve Your Startup Pitch with Storytelling

If you want to hook investors and increase your chance to secure funding, you’ll want to incorporate storytelling into your pitch. This guide will help you discover where and how to insert narrative into your startup’s pitch.

written by: Lyn Graft
edited by: Paige Bennett

storytelling-pitch-hero

Improve Your Startup Pitch with Storytelling

If you want to hook investors and increase your chance to secure funding, you’ll want to incorporate storytelling into your pitch. This guide will help you discover where and how to insert narrative into your startup’s pitch.

written by: Lyn Graft
edited by: Paige Bennett

storytelling-pitch-hero
HubSpot Video

As a seasoned entrepreneur with a decade of experience mentoring hundreds of founders at three different accelerators, raising $10M in venture capital, and filming some of the world's most successful founders, I've gained valuable insights into the art and science of storytelling in the startup world. 

Storytelling isn’t just for putting the kids to bed; it can actually be a powerful tool that transforms your pitch into something investors and customers simply can’t ignore.

Today, I want to share the most crucial lesson I've learned: the power of positioning your story at the beginning of your pitch.

Why should you start a pitch with a story?

I've worked with hundreds of founders, entrepreneurs, and business executives throughout my journey, helping them refine their stories and pitches. The consistent pattern I've observed is that the most impactful pitches always start with a compelling story. This observation led me to write my book, "Start With Story," and it's a principle I've seen validated time and time again.

There are several reasons why the best place to put your story in a pitch is the beginning. Kicking off with a captivating narrative can have several effects on the listener.

 

Evoke emotion

Human beings are inherently emotional creatures. While we like to think we make decisions based on logic and analysis, science has proven that emotions drive our choices. 

According to a 2014 analysis spanning thirty-five years, researchers determined that “Emotions powerfully, predictably, and pervasively influence decision-making.”

Stories are the fastest, most effective way to reach someone on an emotional level. During my time mentoring founders at accelerators, I've seen countless pitches. The ones that resonated most with investors were those that began with a story that touched their hearts before engaging their minds.

For instance, one founder I worked with started her pitch with a personal story about how her father died from a chronic illness, one that a more nutrient-packed diet could have prevented. This experience led the founder to create a coffee creamer product that included supplements to help individuals get essential nutrients in their daily routines. This emotional hook immediately captured the investors' attention and made them more receptive to the business proposition that followed.

 

Bypass mental filters

Investors are bombarded with pitches daily, and they've built mental walls to filter out the noise. A well-crafted story acts as a Trojan Horse, helping you bypass these defenses and communicate your value proposition effectively.

 

In my experience filming successful founders, I've noticed that they often have one thing in common—the ability to tell a story that disarms their audience and opens them up to new possibilities. One founder I interviewed for a documentary started his pitch with an anecdote about a failed product launch that led to the eureka moment for his successful startup. This vulnerability and honesty in storytelling helped him connect with investors on a human level, making them more receptive to his ideas.

 

Set the tone

Starting with a story allows you to control your pitch's narrative, energy, and overall feeling from the outset. If you begin with product information or dry facts, you limit the range of emotion and energy you can communicate.

During my years of studying storytelling, I've learned that the opening moments of any presentation are crucial in setting the audience's expectations and engagement level. One startup I mentored used this principle to great effect. The team began their pitch with a vivid story about their target customer's pain points, immediately setting a tone of urgency and relevance that carried throughout the entire presentation.

 

Subtly build credibility

You can naturally weave in elements within your story to boost your credibility. Talk about your accomplishments, relevant experiences, or years in the industry without reciting your bio.

In my journey of raising $10M in venture capital, I found that incorporating my past successes and relevant experiences into my startup's origin story was far more effective than listing them separately. It allowed investors to see my credentials in context, making them more meaningful and memorable.

 

Humanize your message

In the world of startups, it's easy to get caught up in product features and market size. We often forget that on the other side of the table are people who need to connect with our vision on a human level.

Over the years, I've observed that the most effective communicators always keep sight of the human element. They use stories to bridge the gap between complex technologies, business models, and real human experiences. This approach not only makes the pitch more relatable but also makes it easier for investors to envision the potential impact of the startup.

 

Conclusion

As you prepare your next pitch or work on your pitch deck, remember the power of starting with a story. Place your story right at the beginning of the startup pitch, where it can set the tone for your presentation, engage your audience of investors, and humanize the message you’re sharing.

Remember, you're not just pitching a business; you're inviting investors into your journey. A well-told story can be the most powerful tool in your entrepreneurial arsenal. It can make the difference between a forgettable pitch and one that resonates long after you've left the room. So, embrace the power of story. Let the narrative be the foundation upon which you build your pitch, and watch as it opens doors, hearts, and minds. May your story be the start of something big.


Author

Lyn Graft-HeadshotLyn Graft

Lyn Graft (LG), founder of Storytelling for Entrepreneurs and author of "Start With Story," has filmed 1,000+ entrepreneurs, including founders of Starbucks, Whole Foods, TOMS, and LinkedIn. He co-created CNBC's "American Made" and produced 1,200 videos for major entities. LG has founded ten companies, raised $10M in venture funding, and has given 50+ keynotes on entrepreneurial storytelling to organizations like HP, EY, and Wharton School of Business. He mentors at three startup accelerators.

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