Friday, May 29, 2009

Banknotes for Collectors on Colnect


Banknotes are now available on Colnect and collectors from around the world can manage their personal collection using the catalog offered on Colnect, already with over 15,000 banknotes.

New categories can be added to Colnect and if you're a collector of any mass-produced collectible you are most welcomed to help and add your favorite collectibles.

Over a hundred collectors have helped out to create Colnect's catalogs.

Colnect's phonecards catalog is the world's most extensive, currently with ~157,000 phone cards listed. Colnect's coins catalog is the world's biggest free coins catalog, currently with ~15,000 coins. Colnect's stamps catalog is growing quickly and already has over 68,000 stamps listed. Colnect's new bottle caps catalog already has ~5,400 bottle caps listed.

Sunday, May 24, 2009

Collectible Bottle Caps for Collectors on Colnect


Bottle caps are now available on Colnect and collectors from around the world can manage their personal collection using the catalog offered on Colnect.

Colnect's catalogs are created by volunteering collectors and updated constantly. The initial catalog of bottle caps, already with over 5,000 bottle caps, has been contributed by one member of Colnect, Paul Giba.

More categories will soon be added to Colnect and if you're a collector of any mass-produced collectible you are most welcomed to help and add your favorite collectibles.

Over a hundred collectors have helped out to create Colnect's catalogs.

Colnect's phonecards catalog is the world's most extensive, currently with over 155,000 phone cards listed. Colnect's coins catalog is the world's biggest free coins catalog, currently with over 14,000 coins. Colnect's stamps catalog is growing quickly and already has over 68,000 stamps listed.

Friday, May 8, 2009

How Colnect's Winning Pitch Was Made

Colnect had surprisingly won the Startup2.0 competition in Bilbao, Spain. Out of ~160 companies, 11 made it to the finals where each company had 3 minutes to pitch and 4 more minutes for Q&A. This post will describe what I consider the key points that have made Colnect's pitch stand out and perhaps one of the reasons for Colnect winning the competition.

Planning


Perhaps 3 minutes don't seem like a lot of time but consider that some "elevator pitches" last only 40 seconds, so 3 minutes is a lot. In my opinion, a major mistake is to try and showcase all you have in a short amount of time. When time is of the essence the aim is to impress. So the initial plan was to use the 3 minutes to give a basic introduction and impress the audience without getting into any details. Considering the fact that 11 companies were going to display, Colnect would have to stand out.

Promotional Video


If you haven't watched it yet, you should now:



The idea to use puppets for the video came from my brother Ofer and help in creating the video came from my friend Matan and his friend Eric.

Impressive key points were emphasized in the video:
* Colnect's availability in 35 languages.
* Colnect having a great community with over a hundred volunteers.
* Colnect answering a real need for collectors - its target market.

Q&A



Intentionally, I have not answered the most common questions (business model, current status, competition, etc.) in my 3 minutes part. I guessed that it would mean I'd get to be asked these questions rather than (potentially hazardous) unexpected questions or (much worse) no questions. Detailed answers to the common questions were prepared and I could use my "cheat sheet" in answering the jury's questions.

As a minor gimmick, I put on the frog puppet (Frognector) from the video on my hand while the video was being watched and as the video finished showing, I opened with: "Frognector is now available to answer your questions". I actually expected a bit more laughs but I'm sure it attracted attention to myself. Some of the jury members were using their laptops paying half (or less) attention on other presentations. My "bending the rules" a bit ensured more attention. Though I risked being seen as a joker, I believed that the ready made answers would make up for any such impression.

Aftermath



Not that a good presentation would necessarily take you where you want to go but a bad presentation will most likely NEVER take you where you want. Try to think who your target crowd is and how they would look at it. For example: when doing a 1on1 meeting the gimmicks may be completely stupid but when you need to stand out from the rest, they're probably essential.

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