My First Million
The best business ideas come from noticing what's working and doing it better, faster, or for a different audience.
“no pitch can fix a terrible business”
What It Means
Having a well-structured pitch deck won't save you if your underlying business metrics, traction, or team aren't strong
Why It Matters
Prevents founders from over-investing in presentation polish while ignoring business fundamentals that actually drive investment decisions
When It's True
When business has weak traction, poor unit economics, inexperienced team, or unclear market opportunity
When It's Risky
May discourage founders from fundraising when they actually have good business but poor presentation skills
How to Apply
Audit your business fundamentals before investing in pitch creation
Use pitch deck template as diagnostic tool to find business weaknesses
Focus on improving metrics rather than slide design if business is weak
Example Scenario
“Startup founder struggles to fill traction slide with impressive numbers, realizes they need to focus on product-market fit and growth before fundraising rather than perfecting their presentation.”