The show is The Entrepreneur Elevator Pitchand challenges contestants to pitch their company to our board of investors during a 60-second trip to the boardroom. If investors like what they hear, the elevator doors open and negotiations begin. If they don't like what they hear, the elevator returns to the first floor and the entrepreneurs leave empty-handed.
Connected: Netflix co-founder Marc Randolph reveals the magic formula to get an investor's attention
Negotiations can be tricky, with investors typically digging into the weeds of every little aspect of a business, from sales traction to overhead costs to team member qualifications. But this week, our board asked some unexpected questions that shook the contestants to their core:
- You gave a great pitch, but does that mean you have a great product?
- What's to stop a big corporation from coming in, replicating your concept, and putting you out of business?
This intense episode has big questions — and bigger stakes. Watch and learn from entrepreneurs who can stand up and convince investors to put their worries aside and take a gamble on the next big thing!
Connected: Investors weigh in on crazy new food fields
Season 11 Episode 6 Board of Investors
- Marc Randolphco-founder and first CEO of Netflix, master of scaling
- Kim PerellCEO of 100.co, serial entrepreneur and investor
- Dhani Jonesformer NFL player and serial entrepreneur
Season 11 Episode 6 The Entrepreneurs
- Aabesh De, founder of Floraan app and device that provides care instructions for more than 10,000 types of plants.
- Kalyn Johnson Chandler, founder of Effie's lettera black, female-owned custom stationery business.
- Mario Soave, founder of CleverFiwhich connects users to Wi-Fi automatically without the need for passwords.
How to watch
Season 11 of The Entrepreneur Elevator Pitch is presented by Amazon Business. New episodes air on Wednesdays at Entrepreneur.com AND EntrepreneurTV. Follow The Entrepreneur Elevator Pitch IN Facebook, to YouTube AND IGTV.