BEP 365 – English for Startups 2: Pitching to Investors

BEP 365 LESSON - English for Startups 2: Pitching in English to Investors

Welcome back to Business English Pod for today’s lesson on pitching in English to investors.

The world of tech startups can be extremely exciting and rewarding. But success is certainly not guaranteed. In fact, 90% of new ventures that don’t attract investors within the first three years will fail. So if your company has made it through the valley of death, and you’re burning through cash but don’t have any revenue, then you’d better make sure you’ve got a great pitch to potential investors.

In just 10 to 20 minutes, you need to convince investors that they should risk their money on you. Or, more accurately, why they should risk their money on you instead of on the thousands of other companies they could invest in. It’s hard to think of a higher stakes presentation than a pitch to investors. So what will increase your chances of success?

Well, you need to talk about the problem that your product solves, and how your product is truly unique. Of course, in the startup world, timing is everything. So you need to be able to show there’s a market for what you’re offering. And a good startup isn’t just about a good idea, it’s about a solid revenue model. So you’ll need to explain that clearly. It’s also smart to sit down and think about what questions investors might have, and answer them before they have to ask them!

In today’s dialog, we’ll listen to a presentation by Quinn, who founded an online payments company called Moolah. In our last lesson, we heard Quinn preparing for his pitch with the help of a mentor. Now it’s showtime, as Quinn delivers his pitch in the hopes of attracting investment.

Listening Questions

1. What is the problem that Quinn identifies at the start of his presentation?
2. Who is Moolah’s target audience?
3. What question does Quinn anticipate the investors might have?

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BEP 364 – English for Startups 1: Preparing for a Pitch

BEP 364 - Business English for Startups 1: Preparing for a Pitch in English

Welcome back to Business English Pod for today’s lesson on preparing for a pitch in English to investors.

It’s easy to look around at the economy today and applaud the tech companies that made it big. But for every success, there are a hundred failures. Anyone who’s founded a startup or worked for one knows that new businesses face a lot of uncertainty and a world of challenges.

In this economy, the success of a startup depends on many factors. If you can learn to navigate the challenges, or to see them as opportunities, then you too might make it big. One important factor in startup success is good mentorship. There’s a strong tradition of established business people helping young entrepreneurs find the path to success.

And one of the most important opportunities a mentor can help you with is preparing for your first pitch to potential investors. If there’s any time that you should learn to take advice, it’s at this point. An English pitch to investors can make or break your company. And good preparation, as any mentor will tell you, is key.

Working with a mentor depends on you being open to input. That might mean accepting critical opinions and admitting your own weaknesses. But if you can do this, then you’ll be able to use your mentor to bounce ideas off, and to ask directly for help with challenges.

In today’s dialog, we’ll listen to a conversation between Quinn – a young entrepreneur – and Kira, his mentor. Quinn is getting ready to pitch his online payments startup to a potential investor. And we’ll hear how he learns from his more experienced mentor.

Listening Questions

1. What strong opinion about his pitch does Quinn have to accept?
2. What weakness does Quinn admit to?
3. What challenge does Quinn ask Kira for help with?

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925 English Lesson 36 – Ending a Phone Call

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In today’s 925 English video lesson, we’re going to learn how to end a phone call in English.

Last time, we looked at lots of useful expressions for answering the phone and starting a call. But what about ending a call? If you’ve finished your conversation, what can you say to end the call politely?

Well for starters, one thing you want to avoid is just suddenly saying goodbye. To end a business call professionally, there are three simple steps to follow. First you signal that you want to end, secondly, you review your action points, and finally you say goodbye.

925 English is a new series of English video lessons for beginners (CEFR level A2). With 925 English you can learn business English expressions and phrases for work.

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BEP 363 – English Idioms for Strengths and Weaknesses (2)

BEP 363 - Business English Idioms for Strengths and Weaknesses 2

Welcome back to Business English Pod for today’s lesson on business English idioms related to strengths and weaknesses.

Job interviews, performance reviews, hiring decisions, promotions, pay raises… what do all of these important aspects of work and business revolve around? Well, one major theme is people’s strengths and weaknesses. If you can’t assess strengths and weaknesses very well – either your own or other people’s – you’re bound to make some bad decisions.

So it’s no wonder you hear so many business conversations about what people can and can’t do, or what they’re good at and what they’re not good at. And in these conversations, you’re bound to hear lots of idioms. English has tons of expressions for talking about strengths and weaknesses. And in today’s lesson, we’ll take a look at some of these business English idioms.

In the lesson, we’ll rejoin a conversation about hiring a new communications director at a mining company. Three managers are talking about the strengths the new director will need, as well as the weaknesses of the previous director, which they want to avoid. They use many useful English idioms during their discussion.

Listening Questions

1. What type of attitude does Annette say the new communications director needs?
2. What type of person does Drew think they need to deal with controversy?
3. At the end of the dialog, what kind of person does Annette say they should avoid?

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BEP 362 – English Idioms for Strengths and Weaknesses (1)

Business English Pod 362 - English Idioms for Strengths and Weaknesses 1

Welcome back to Business English Pod for today’s lesson on business English idioms related to strengths and weaknesses.

Walk into any office or staff room and listen to what people are talking about. There’s a good chance you’ll hear people talking about other people. And in many cases those conversations are about what they’re good at, and what they’re not good at. In other words, you’ll find people talking about other people’s strengths and weaknesses.

And it not just gossip. We talk about people’s strengths and weaknesses every time we make a hiring decision, assemble a project team, or delegate tasks. We even talk about our own strengths and weaknesses in these same contexts. Whatever the situation, and whoever you’re talking about, there are lots of English idioms for discussing strengths and weaknesses. And it’s some of these idioms we’ll learn today.

In the lesson, we’ll hear a business conversation between three managers at a mining company. They’re creating a job posting for a new communications director, and they’re discussing the strengths a good Director will have and the weaknesses they want to avoid. They’re also discussing the strengths and weaknesses of the past communications director. The three colleagues use many idioms related to strengths and weaknesses during their discussion.

Listening Questions

1. According to Annette, what did they think of the previous communications director when they hired him?
2. What does Drew say about Carl’s skills with social media?
3. What does Laura say the new director will have to do, especially with an expansion and so much work in the future?

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