He dials the passion all the way up, then sits back and watches as questions, goals, and pitches start coming in and SenseiAI automates the coaching.
Mason is a product builder, so he subscribes to JCal’s SenseiOS for $10/m. He sets his goal to launch an MVP in a month, and gets daily progress check-ins until it’s ready. Then JCal helps him craft the pitch and practice it until he’s ready.
Bonsai has over $13k in revenue this year, which comes from whitelabel plans and revenue sharing.
Road to $100M: Once we have captured the vertical, then we spread horizontal across different industries such as education, health, and small businesses.
Thank you for sharing your pitch for SenseiAI. I appreciate the effort you’ve put into it so far. I can see that you have a strong vision for your product and a clear understanding of the problem you’re solving. However, I believe there’s room for improvement in crafting your pitch and presenting the information in a more compelling way. Let’s dive into the details:
5 Rules for Pitching
- Show, Don’t Tell: Instead of simply describing your product, demonstrate how it works through the example of an actual customer. This will help investors visualize the value and impact of SenseiAI.
- Get to the Product in 15 Seconds: Start your pitch by introducing yourself, your company, and its tagline. Immediately after, transition to explaining the problem you’re solving and how SenseiAI addresses it. This way, you capture the attention of investors right from the start.
- Examples Matter: Use specific examples and avoid generic descriptions. Name your customer, highlight their achievements with SenseiAI, and show how it has positively impacted their life or business.
- Synchronicity: Ensure that the information you provide verbally matches what’s on your slides. Keep the content simple and focused, with one point per slide.
- One Point Per Slide: Divide your pitch into multiple slides, each addressing one key aspect of your product, business model, traction, customers, competition, go-to-market strategy, roadmap, and team. This will make it easier for investors to follow along and comprehend your pitch.
To align your pitch with the framework, I recommend the following structure:
- Intro: Introduce yourself as Mason, the founder of SenseiAI. Include your logo and tagline. For example: "Hi, I’m Mason, founder of SenseiAI, revolutionizing mentorship scalability."
- Problem: Briefly highlight the existing mentorship scalability problem. Focus on the time constraints faced by influential mentors like Jason Calacanis and how it leaves their students without sufficient guidance and accountability.
- Product demo: Show how SenseiAI works through the example of an actual customer. Explain how mentors like Jason can set up their personalized coaching system in minutes, and how users can subscribe, set goals, and receive daily check-ins. Provide specifics and name your customer to make the demo more relatable and impactful.
- Business model: Clearly explain your revenue streams and how SenseiAI makes money. Specify the subscription pricing for mentors and students, and any additional revenue sharing arrangements. Keep this slide concise and easy to understand.
- Traction: Demonstrate your traction and growth with clear charts or graphs. Highlight the number of users, revenue generated, and any notable achievements. If you have any customer testimonials, showcase one or two on a separate slide.
- Customers: Showcase your customer base and growth rate. Include logos of important clients and provide a brief overview of their success stories with SenseiAI. Highlight the retention rate to showcase the value that users find in the platform.
- Competition: Differentiate SenseiAI from other solutions in the market. Use a simple chart with checkmarks to demonstrate how you outperform your competitors in key areas. Emphasize the fact that Senseis in SenseiAI are real mentors, unlike fictional AI coaches.
- Go-to Market: Present your strategy for acquiring customers. Explain how you identify and onboard influential Senseis, mentors, and coaches. Highlight the simplicity of the onboarding process and the benefits for them.
- Roadmap: Describe your plans to scale to $10M and then to $100M in revenue. Use a timeline to showcase key milestones and mention the strategies you’ll implement to achieve these goals. Focus on capturing the product, entrepreneur, and self-improvement space initially, and then expanding into other industries.
- Team: Provide names, titles, and relevant logos of the team members. Highlight their experience, expertise, and notable achievements. This will build trust and credibility in your ability to execute on your vision.
Once you have revised your pitch based on this framework, I would like to ask you some questions to gain a deeper understanding of your business. Let’s start with how SenseiAI differentiates itself from other mentorship platforms and what strategies you have in place for customer acquisition.
Looking forward to hearing your revised pitch and discussing your business in more detail.