📺 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

For more than 30 years, Entrepreneur has set the course for success for millions of entrepreneurs and small business owners. We'll teach you the secrets of the winners and give you exactly what you need to lay the groundwork for success.

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'!

Side Hustle

These Coworkers-Turned-Friends Started a Side Hustle on Amazon — Now It's a 'Full Hustle' Earning Over $20 Million a Year: 'Jump in With Both Feet'

Achal Patel and Russell Gong met at a large consulting firm and "bonded over a shared vision to create a mission-led company."

Business News

Samsung's New Ad Pokes Fun at Apple's Controversial 'Crush' Ad

Creative universes overlap in a new ad from Samsung.

Starting a Business

This Couple Turned Their Startup Into a $150 Million Food Delivery Company. Here's What They Did Early On to Make It Happen.

Selling only online to your customers has many perks. But the founders of Little Spoon want you to know four things if you want to see accelerated growth.

Branding

All Startups Need a Well-Defined Brand Positioning Statement. Here's a 3-Step Framework to Help You Craft One.

Startup founders often lack time but they should invest resources in identifying a winning brand position that will then drive all their strategic decisions.

Business News

An Ohio Pub Is Going Viral for Its 'No Exceptions' Door Policy — Here's Why

Only people of a certain age can grab a drink on a Friday or Saturday night at Donerick's Pub in Ohio.

Business News

Dell Is Labeling Hybrid Employees With 'Red Flags' Based on How Often They're in the Office

Dell will consider the frequency of employee badge swipes when it determines how hybrid employees are reviewed, rewarded, and compensated.