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Pitching journalists - Here's how to do it

03/13/2024 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

1. First, you should make a list with the names and contact details of the journalists you want to approach. Also check if the journalists are even interested in the topic you are promoting.

2. Develop a short but crisp pitch message. Keep your message short and concise to catch the journalists' attention.

3. Mention some information that might interest the journalists, e.g., an interesting fact, an interesting quote from a well-known person, an interesting comparison, a study, a photo, etc.

4. Familiarize yourself with the publication guidelines of the particular medium. For example, if you are sending a video or audio file, make sure the file meets the medium's requirements.

5. Once you have gathered all the information, you can send your pitch to the journalists. Be polite and offer a brief explanation of why you approached this particular journalist.

6. When you receive a response, reply as soon as possible. Be prepared to provide further information if needed. Stay in touch and build a good relationship with the journalists.

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Advised and sold - Why self-proclaimed experts and coaches will run you down

01/05/2024 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

There are many self-proclaimed experts and coaches who try to run people through advice and sales. These individuals often offer a variety of services designed to help people achieve their goals. These services range from financial advice to personal development to career counseling. They promise that their services will help people improve their lives, but it is important to note that many of these "experts" do not have the qualifications or knowledge to actually help.

Experts and coaches are mainly trying to make money by giving advice and selling, rather than giving truly useful information. They may try to get people to buy a product or service they don't really need through a sales pitch. They may also try to get people to spend more money than they actually can to get a particular service or product. This type of "advising" can be harmful, as it does not help people achieve their goals, but instead entices them to pay more than they actually can.

It is therefore important to carefully check if the services from an expert or coach are really useful. One should always do an in-depth research before considering any consultation or sale. Pay attention to the qualifications of the expert and make sure that they have experience and knowledge to really help you achieve your goals. This way, you can ensure that you don't fall victim to a scam.

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Pitching to investors: How do you convince potential investors?

11/21/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

Finding investors for your start-up or business project can be one of the most challenging and exciting phases of your business journey. A convincing pitch to potential backers can mean the difference between success and failure. In this article, you will learn how to effectively approach investors and convince them of your project.

1. Knowledge of the audience:

Before you prepare your pitch, it is crucial to understand your audience. Research your potential investors thoroughly to find out what kind of companies or projects they have invested in the past. This will help you tailor your pitch to their interests and needs.

2. Tell a compelling story:

Investors are not only interested in facts and figures, but also in the story behind your company. Tell a clear and compelling story that illustrates your problem, solution and market potential. Use storytelling to create an emotional connection.

3. Clarify the problem and solution:

Start by explaining what problem your product or service solves and why this problem is important. Then present your solution and emphasise how unique and effective it is. Investors need to understand why your company fills a gap in the market.

4. Demonstrate market potential:

Investors want to know that your company is operating in a growing market. Present market research and data to back up the market potential. Show how big the target market is and how you will tap into it.

5. Emphasise your competitive advantage:

Explain why your company will be successful against the competition. Emphasise your unique selling points, patents, technologies or your team. Show why investors should invest in your company and not in the competition.

6. Clear financial forecasts:

Investors want to see financial forecasts that are based on realistic assumptions. Present sales forecasts, cost structures, break-even points and expected ROI (return on investment). Be transparent and conservative in your estimates.

7. Emphasise team and experience:

Investors not only invest in ideas, but also in teams. Introduce your founding team and emphasise their relevant experience and qualifications. Show that your team is capable of leading the company to success.

8. Ask questions and get feedback:

At the end of your pitch, you should be ready to answer questions from investors. Show your interest in their perspective and feedback. Be prepared to respond to critical questions and be honest about risks and challenges.

9. Clear call to action:

End your pitch with a clear call to action. Ask investors to take the next step, whether it's another meeting, reviewing documents or signing a contract.

10. Practise, practise, practise:

A convincing pitch requires practice. Practise in front of friends, mentors or other founders to boost your confidence and presentation skills.

A successful pitch to investors requires preparation, persuasion and the ability to clearly communicate your story and value. By following these steps and presenting your business authentically and convincingly, you will increase your chances of securing the necessary investment and moving your business project forward.

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What are avoidable mistakes when approaching the media?

04/13/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

Here are some avoidable mistakes when approaching the media:

Lack of research: if you don't know the media representatives and the topics they cover, you may be sending the wrong information to the wrong people or not presenting your story in a way that is of interest to their target audience.

Unclear message: an unclear or overly complex message may result in your pitch not being understood by media representatives or your story not being interesting enough to be printed.

Poor communication: poor communication with media representatives, such as sending spam emails or ignoring requests, can result in your future efforts being ignored.

Unprofessional demeanor: Unprofessional behavior, such as making unreasonable demands or acting unprepared in interviews, can cause media representatives to lose interest in your story.

Inadequate preparation: not putting enough time and effort into your media approach can result in your story being incomplete or inaccurate, which can lead to negative reviews.

Lack of strategy: if you don't have a clear strategy for how you want to convey your story to media representatives, you may not get the results you want.

By avoiding these avoidable media outreach mistakes and having a clear strategy and message, you can successfully convey your story to media representatives and achieve positive coverage for your company or organization.

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What are avoidable mistakes when building media contacts?

03/14/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

When building media contacts, there are some avoidable mistakes that companies or organizations can make. Here are some of them:

Not doing thorough research:

Companies should take time to research and understand media before making contact. A lack of knowledge about a publication or journalist can result in the wrong type of story being pitched or an email being sent to the wrong recipient.

Unclear or incomplete messaging: Journalists are often busy and have little time. Therefore, it is important that a message is clear, concise and contains all relevant information. If journalists don't understand what the company or organization is trying to communicate, or are missing important details, the story may not get published.

Following up too frequently: It's important to maintain media contacts, but following up too frequently can be annoying. Companies should wait until they receive a response before contacting again.

No personalized addresses: Journalists are often bombarded with mass emails. If companies do not use a personalized speech, the email is likely to be ignored. Companies should make sure to include the journalist's name and a personal touch in their emails.

No research.

No research on the topic: If a company is trying to contact a journalist for a specific story, it's important to make sure the journalist is actually writing about the topic. If not, the company may be wasting time and resources.

No relationship nurturing: If companies only contact a journalist when they have a story to share, that's a mistake. A relationship with a journalist should be nurtured by providing them with helpful information or resources, or simply informing them about what the company is doing.

By avoiding these mistakes, companies can build more successful relationships with media contacts and have a greater chance of getting their stories in the media.

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