Spiegel Sohmer

Spiegel Sohmer is a firm of attorneys offering state-of-the-art expertise to a diversified business clientele seeking solutions that are innovative, concrete, and pragmatic. Our firm groups some forty five attorneys who concentrate principally within three broad specialties: business law (including Intellectual Property), tax law and litigation.  Spiegel Sohmer has extensive experience representing companies at all stages of their life cycle, from start up through to exit, and also represents a wide array of investors.
www.spiegelsohmer.com

National Bank

National Bank helps home-grown businesses expand by offering them personalized service and banking solutions adapted to their needs. We strive to develop integrated, diversified and innovative business solutions that will meet the needs of your business at every phase of its existence. We offer a full range of financial services to individual clients, SMEs and large companies. Whatever your sector of activity, our team of experts will be able to advise you and assist you with every stage of your business growth. www.bnc.ca

Why You Should Never Pay to Pitch, by Sajad Ghanizada

Posted by Amity Sims 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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