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Re-Organizing Your Business as a Nonprofit
 
Powerful Presentations Build Profitable Business
by Steve Thorwald
At some time, every entrepreneur will make a group presentation about their business. It might be a pitch for venture financing or to earn a new project commission.

It may be to the Board of Directors of a company you are pitching. You may also find yourself addressing a group of colleagues looking for products or services just like yours.

If you’re not accustomed to public speaking, even in small groups of people you know well, presentations can be excruciatingly nerve-wracking. However, you have more control over the situation than you may realize. All it takes is research and preparation… the same steps required for every other business decision you make.

Follow these suggestions and feel your tensions melt away:

Understand the ground rules
What is the purpose of your presentation? What kind of information does your audience want? Is the format standup or a conference table discussion? How much time will you have to present and answer follow-up questions? Knowing the answers to these questions in advance gives you a running start to properly organize your presentation.

Get to the point
The first 30 seconds usually determines whether you capture the attention of your audience. If you don’t, the remaining time will seem to last an eternity, yet pass quickly for those trying to say too much. Begin and end with your strongest points. Never start off with an obscure joke or anecdote that has no relevance to your meat of your presentation.

Avoid over preparation
A presentation that is too tightly scripted can be derailed in a heartbeat by an unexpected question or distraction. Notes are fine but a thorough understanding of your subject is the key to success. Be confident, stay to the point but be prepared for questions along the way.

Practice makes perfect
This old adage is never more true than when it comes to group presentations. Perform some dry runs with people who can provide honest and fair feedback and who understand your audience’s perspective. Your presentation will be improved if you listen carefully to and learn from the feedback of your “focus group.”

Stay focused
Although you’ve rehearsed, you may still get the feeling that your allotted time is running out and quicken your pace. Or you may want to ad-lib because you sense there is too much time remaining. Relax. If you are organized, confident and provide solid information, your audience will be looking at you instead of their watches. An occasional built-in pause will help reset your pace and add impact to what you just said.

If you don’t know, admit it
Never try to bluff your way through a difficult or unexpected question. Admit you don’t have the answer right at hand but will get back to the person promptly with the answer. As Abe Lincoln wisely said, “You can’t fool all of the people all the time.”

Put these time-tested tips to use during your next business presentation and then enjoy the sweet taste of success.

About the Author

Steve Thorwald is a SCORE Counselor and Manager of the La Verne and Rancho Cucamonga Counseling offices. If you would like to meet or talk with Steve or another SCORE Counselor, e-mail him at thorwald@adelphia.net or call (909) 593-3511, ext. 4564.

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