Sabanci University

Sabanci University is ranked the top private entrepreneurial university in Turkey according to Turkish Ministry of Industry and Trade.  The university hosts the SUCOOL Preincubation Center that supports early stage entrepreneurs and also supports Founder Institute by shared resources, network and providing space.

 

Fora & Şanlı Law Office

Since 2008, Fora & Şanlı Law Office is dedicated to provide legal advice and services which look beyond the legal issues and take the business aspects for each transaction for the success of its clients for their investments and business in Turkey and MENA region. Fora & Şanlı is very well connected with the world and other jurisdictions to facilitate its clients international business.

 

sendloop - email marketing services

sendloop email marketing services is in email marketing industry with its professional solutions since 1999. sendloop is the easiest email marketing service designed for SaaS owners, bloggers, designers, developers, small businesses, entrepreneurs and anyone interested in sending email to their contacts as easy as possible.

 

Microsoft Turkey

Microsoft is a strategic partner for promising startups around the world focused on business growth & development, industrial strength technology and beautiful usable products. Build locally, scale globally. We help smart companies take flight.

Why You Should Never Pay to Pitch, by Sajad Ghanizada

Posted by Jonathan Greechan on 2013-09-23

Founder Insight gives you feedback from the startup trenches.

In this post from his blog, Sajad Ghanizada shares critical advice for new entrepreneurs: Don't pay to pitch. Ever. He says, "One of the best pieces of advice I’ve received from a mentor within my network was, 'If you can’t get accepted to pitch at a free event…there is probably a legitimate reason that reputable venues have passed you by and it isn’t because you haven’t slipped them enough cash".

Below, Don’t Pay To Pitch. Ever. has been republished;


"As a first time entrepreneur, I find myself making mistakes all the time and seeking advice often (but not enough).

One of the best pieces of advice I’ve received from a mentor within my network was, “If you can’t get accepted to pitch at a free event…there is probably a legitimate reason that reputable venues have passed you by and it isn’t because you haven’t slipped them enough cash.”

He’s right on the mark. I get invited to pitch events maybe once a month throughout the east coast, most of them cost a moderate $50-75 which I assume is to cover costs.

But once in a while, I receive an email for an event that seems more like a Nigerian 419 scam than a selective pitch event. Angel Venture Forum in the Mid-Atlantic region stands out as the most costly of the pay-to-pitch schemes. Apply and if you’re selected to present, for a cool $1,500 you can pitch 30 angel investors from 24 groups. No guarantee that they’re actively looking to invest.

You should easily be able to find a warm introduction to any of these 30 investors outside of AVF. If you can’t find an introduction, can’t get a meeting or an investment, don’t think that throwing away $1,500 is going to change any of that.

I don’t know of any events like this on the west coast but I would love to hear from you if you’ve had any success at a pay to pitch event.

For those who’ve shelled out the money and received nothing, I can be a shoulder to cry on. Reach out to me."


Sajad is a graduate of the Washington DC Founder Institute and the Founder of EventStir, a crowdfunding platform for events. To hear more from Sajad, follow him on twitter @TheRealSajad.

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