Welcome to another episode of The Entrepreneur Elevator Pitchshow where entrepreneurs looking to improve their lives must prove to our elite panel of investors that they have what it takes in 60 seconds or less.

As many of our competitors learn, getting your pitch out on time is no easy task – but getting a deal signed can be even harder. Our board of investors hits them with all kinds of questions, digging into their costs, marketing strategies and sales traction (or lack thereof). In this show, you have to know your numbers – and be able to think fast – if you want to land a life-changing deal.

Related: A near-tragedy spurred this father's invention—now worth millions

If you're planning to pitch to investors in the near future, you'd be wise to take these valuable words of advice from Netflix co-founder Marc Randolph: “When you're making your pitch, I want to describe your product, but I am not an investor, I want to know that I will like it This will make my investment profitable and most importantly, I want to see that you have the opportunities to make your business work.

Find out who walks into the boardroom and walks out with a whole new deal The Entrepreneur Elevator Pitch!

Season 12 Episode 7 Board of Investors

Season 12 Episode 7 The Entrepreneurs

• Khalid David, founder of TracFloan online platform that provides a central location to enter, track and approve changes to project costs for subcontractors, general contractors, designers and owners
• History of Chrit, founder of Pactli Foodsgluten-free puffed organic quinoa and ancient grain foods
• Jasmine Johnson, founder of Parent Coinnovative child insulation electrical outlet covers for children

How to watch

Season 12 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.