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The best way to Contact Mark Cuban With out Occurring ‘Shark Tank’


You could be attempting to determine contact Mark Cuban. Properly, I’ve a narrative that will aid you. Again in late 2011, I received the chance to pitch Mark Cuban. I used to be only a pupil on the time, at Howard College, and cofounder of an organization — now not existent — known as My Faculty Hustle, a bartering platform for faculty college students.

Hoping to seize a $25,000 prize, my enterprise associate Edward Lyles and I participated in a Shark Tank-style competitors, in New York, that really predated the TV present (I assume the competitors’s organizers have been on to one thing).

And whereas my crew didn’t win the highest prize, we did get to satisfy Cuban — the results of making it to the semi-finals of a school business-plan competitors sponsored by MTV.

That’s the purpose I wish to make: In case you by no means considered business-plan competitions as a supply of funding for your corporation, assume once more. These competitions can afford you loads of distinctive alternatives.

3 explanation why you need to begin competing at present

  • You possibly can win startup capital and publicity.
  • It’s an ideal networking alternative.
  • Winnings are normally awarded with none lack of enterprise fairness.

Now, right here is the knowledge you could get began.

1. How do you discover competitions?

Try websites like StudentCompetitions.com. You may also search on Google utilizing a variation of key phrases comparable to “pitch competitions,” “Bplan competitions,” “Faculty entrepreneur competitions” and “Problem competitions.” Combine and match key phrases to tug up totally different outcomes.

Not a university pupil? No worries; there are different competitions for you, too. Strive looking company-based key phrases, like “Dell pitch competitors,” “Microsoft pitch competitors,” and so on. Sort in any random tech firm you may consider, and pair it with the phrase “competitors” and see what comes up.

Generally, tech corporations run competitions to advertise and encourage innovation. There are tons of those competitions taking place all year long, so maintain your eyes peeled, and all the time be looking out.

2. What likelihood do you may have of successful?

I do know what you’re considering: There are tons of individuals making use of; what likelihood do I’ve of successful? But it surely may shock you that most individuals aren’t keen to place within the work and that so much fewer folks apply than you may anticipate. Additionally, keep in mind that you just don’t have to win each competitors.

One “sure” could make an enormous distinction in your corporation. Throughout school, I received over $20,000 simply from competing in 5 marketing strategy competitions.

The vital factor is that, if you happen to’re a younger entrepreneur, it’s essential you benefit from each alternative it’s a must to community. And these competitions are an effective way to try this.

I stress this as a result of I competed in a contest a couple of years in the past, and ended up successful second place. I then saved in contact with the winners, and some years later, once I reapplied, guess who the choose was? The man who had crushed me within the competitors a couple of years earlier than! I had no concept that was going to occur, and it was comforting to know we had somebody in our nook from the beginning.

3. Whom do you could know?

That story brings me to my subsequent level: networking. Crucial folks you could meet are the judges. After the competitors, go and discuss to them and get their contact data. Study extra about them; they’re judges for a purpose, proper? These may very well be potential buyers or mentors. Community!

4. How do you prepare for this?

As a finalist for a earlier competitors, I used to be assigned a private coach in my metropolis and acquired free coaching up till presentation day. So, you should definitely take part in any pre-competition actions provided, as a result of the occasions’ organizers typically have optionally available coaching classes or on-line seminars to higher put together you.

Talking of coaching, do not forget that competitions are an effective way to observe public talking abilities. You’ll all the time have a possibility to be in entrance of a crowd. While you’re not presenting, and there’s down time, you might be consistently speaking and assembly folks, which forces you to condense your concept right into a 30 second elevator pitch. You study to talk extra confidently and concisely.

5. How do you write your marketing strategy?

Drafting an in depth marketing strategy is crucial. An government abstract could also be required for just some competitions, nevertheless it’s finest to only chew the bullet and write a full plan. Your plan must be prepared, so you may repeatedly apply for the varied contests.

Have some traction in your concept; earlier than the judges make investments, they should see validation. How are you aware you’re fixing an actual downside?

My secret to crafting a very good marketing strategy is easy: Be artistic! Make it stand out; maybe do an interactive marketing strategy, the place the judges can scan a QR code and be taken to a stay demo or video of your product. Get particular; clarify intimately how you propose to attain sure benchmarks.

Oh, and assembly Mark Cuban? He was extraordinarily pleasant and gave us motivational recommendation about pursuing our enterprise. It was an ideal expertise.

Associated Publish: The best way to Win a Enterprise Plan Competitors



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