May 16, 2024

Small Message, Big Impact: The Elevator Speech Effect

by Our content team
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Transcript

Welcome to the latest episode of Book Insights, from Mind Tools. I'm Terry Ozanich.

In today's podcast, lasting around 15 minutes, we're looking at "Small Message, Big Impact," subtitled "The Elevator Speech Effect," by Terri Sjodin.

Take a moment to imagine this scenario. You've just stepped into an elevator, when you notice you're standing right next to the CEO of a company you really want to do business with. But, you haven't managed to get an appointment with this person. And now, you're standing right beside him!

You take a deep breath, feeling flustered. What on earth should you say? How do you stay cool and collected, and not sound desperate?

As you wrestle with what to do, the elevator pings, and the CEO gets off. You've just missed your chance to start a conversation that might have opened up a lot of doors for your business.

You may have heard of an "elevator speech" – or pitch – before. According to the author, it's a brief presentation that introduces a product, service, philosophy, or idea. The message should be delivered in the time span of an elevator ride, up to around three minutes. And its purpose is to intrigue and inspire the listener, so they want to hear more of what you have to say.

Put simply, an elevator speech is supposed to initiate a sequence of positive opportunities for you.

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