📺 Stream EntrepreneurTV for Free 📺

Here's the Difference Between a Pitch That Nets a $100,000 Investment and One That Nets $0 The money is moving on the new episode of 'Elevator Pitch.'

By Entrepreneur Staff Edited by Jessica Thomas

entrepreneur daily

Check out episode three of the new season of Entrepreneur Elevator Pitch. In each episode of the show, entrepreneurs are challenged to step into an elevator and pitch their business on camera to a board of investors in 60 seconds or less. If the investors like what they hear, the elevator doors open to reveal the boardroom, and contestants have the chance to walk away with life-changing funding, mentorship from the smartest minds in business and a personal and brand-defining moment.

Related: What Do You Do When an Investor Suddenly Changes the Terms Mid-Deal?

Episode 3 Entrepreneur Elevator Pitch board of investors:

Episode 3 Entrepreneur Elevator Pitch contestants:

  • Mary Beth Cicero, co-founder and CEO of IUD company 3 Daughters
  • Orri Bogda and Chaim Weinerman from energy spray company Vae Labs
  • Jordan Clark, founder of ultra-comfortable shoe company Dooeys
  • Kamaal Jarrett, founder of Jamaican sauce company Hillside Harvest
  • Anthony Tranchida and Scott Mobley, founders of grill brush company Grill Rescue

Related: Watch the Pitch That Landed a $175,000 Investment

Who wins, and who gets sent down?

Sometimes it's good to push back hard at doubtful investors to win them over. Other times? Not so much. In this episode, three entrepreneurs walk out with amazing deals, and two don't get so lucky. Is it their product? Their pitch? Their personalities? Watch to see what went right and what went wrong.

Season 8 of Entrepreneur Elevator Pitch is brought to you by Amazon Business with support from State Farm and Canon. New episodes stream Wednesdays on entrepreneur.com. Follow Entrepreneur Elevator Pitch on Facebook, YouTube and IGTV.

Entrepreneur Staff

Entrepreneur Staff

Editor

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

More from Entrepreneur Elevator Pitch

Who Wins Big on the High-Stakes Season Finale of 'Elevator Pitch'?

What Should You Value More — An Investor's Money or Their Experience?

'That Was Ridiculous!' See What Left One Investor Exasperated on the New Episode of 'Elevator Pitch'

It Was All Going Great Until Someone Said the F-Word. Watch an All-New Episode of 'Entrepreneur Elevator Pitch'!

Editor's Pick

Social Media

Here's How I Determine If I'm Getting Value Out of X (and How You Can, Too)

Don't let low-value accounts and promotional material bog down your time on X (formerly Twitter). Here are some strategies to curate content, engage with quality people and maximize your time.

Business News

'This Year Almost Broke Me': Tom Schwartz Reveals 'Scandoval' Almost Shut Down His Restaurant After Losing 80% of His Business

As Bravo's "Vanderpump Rules" ends its 11th season, longtime cast member, Tom Schwartz, and Schwartz & Sandy's business partner, Greg Morris, open up about how public scandal almost shuttered their restaurant — and how they kept it afloat.

Health & Wellness

How This CEO Turned 99 No's Into a $500 Million Sleep Tech Powerhouse

Eight Sleep's Matteo Franceschetti reveals his journey from nightmarish rejection to dream-like motivation.

Buying / Investing in Business

How to Recognize Money-Making Trends in The Market — And Boost Your Profits

These patterns and seasonal changes in the markets, especially over a set number of years, can provide some investors with an interesting map that may help their portfolios perform well all year long or even be a key to long-term riches.

Leadership

5 Ways to Spend Less Time in Meetings Each Week

Want to get more done — and be happier at work? Spend less time in meetings. Here are five ways to do that.