Live Workshop: How to make investors love you with James Church. Limited spaces. Click here to register
Three things to stop saying in investor pitches
WRITEN BY
James Church
Author, Investable Entrepreneur
James is an award-winning business advisor and best-selling author. His clients have raised over £200m in early-stage funding.
Founders rarely realise how much damage a single sentence can do in a pitch. I see the same lines repeated in meeting after meeting, usually delivered with confidence, as if they’re an expected part of the script. They aren’t. They’ve simply been copied from other founders who also didn’t know better.
When you’re trying to raise capital, every word you choose influences how an investor interprets your ambition, your awareness of your market, and your ability to execute. Some of the most common lines sound harmless on the surface, yet they quietly undermine the very confidence you’re trying to build.
There are three phrases in particular that I advise founders to cut immediately.
The illusion of the “conservative” forecast
I often hear founders reassure investors that their numbers are conservative. It’s an attempt to sound prudent. In reality, it has the opposite effect.
If you genuinely believe your business can outperform the model you’ve put forward, why are you showing the weaker version? Investors aren’t looking for caution. They’re looking for conviction. They want to see the trajectory you believe is achievable, supported by the evidence you already have and the strategy you plan to execute.
Start-ups are not vehicles for steady, predictable returns. If investors wanted conservative outcomes, they wouldn’t be writing cheques to early-stage businesses. They back founders who see the potential others don’t, and who are prepared to stand behind their projections with clarity and confidence.
A forecast should reflect your best understanding of the opportunity, not a diluted version engineered to feel safer. When you introduce your numbers by calling them conservative, you quietly tell investors that you either don’t trust your own model or you’re afraid to defend it.
Neither interpretation helps you.
Why claiming you have no competitors backfires
Another line I hear far too often is: We don’t have any competitors.
Investors rarely hear this as a sign of innovation. They hear it as a sign that the founder doesn’t understand the market. Competition is not a threat. It’s validation. If people are already spending money to solve the problem you’re addressing, that tells investors the demand already exists.
When I look at the data, the pattern is clear. Most successful companies didn’t emerge into empty markets. 85% of unicorns had competitors from day one. Half of them went up against large incumbents with decades of advantage. Another fifth entered fragmented spaces full of similar products. They still broke through.
What matters to investors isn’t whether others exist. It’s how you plan to differentiate. Faster. Cheaper. Better experience. More focused positioning. Whatever the angle is, it needs to be explicit.
When you claim there are no competitors, you remove the context that helps investors understand why your approach is compelling. You also signal a lack of market awareness, which is one of the biggest red flags in a pitch.
The myth of winning through a superior product
The final phrase I hear too often is: We’ll win because our product is superior.
I understand the instinct – you’ve built something special and spent months (or years) getting the product right. You can see the innovation that others can’t. But the uncomfortable truth is that this isn’t what wins markets.
Market share is determined far more by your ability to sell and distribute than by the brilliance of your technology. The second biggest killer of start-ups, after lack of capital, is the inability to market and sell the thing they’ve built.
I’ve seen this play out directly. One of my clients was offered the chance to acquire a tech company during their Series A negotiations. The company they were being offered had exceptional technology – on paper, it should have dominated its category and was far superior to what my client had built. But it struggled to sell this incredible tech to its market.
The investors my client was pitching saw an opportunity to salvage their original investment.
Because while my client had inferior tech, it did possess something all investors cherish above all else. Distribution. They had built a proven, repeatable sales engine. They understood how to reach customers, communicate value, and convert interest into revenue.
By facilitating an acquisition, they could place the valuable IP (that they had invested millions in creating) into a distribution engine that could sell it. A win-win.
That’s the business that survived in this scenario was not the startup with the greatest product, but the one with the greatest business.
Product is important. But without a go-to-market strategy that matches the ambition of the product, it isn’t enough.
How founders should rethink their pitch language
If you want investors to take you seriously, focus on what they actually evaluate:
Show the real trajectory you believe the business can achieve
Map your competitive environment with honesty and insight
Demonstrate how you’ll win customers, not just how you’ll build features
This isn’t about posturing. It’s about alignment. They’ve seen hundreds of pitches and can recognise the difference between a founder who understands how companies grow and one who repeats the same old lines they’ve heard a hundred times before.
Your pitch improves the moment you stop trying to sound like other founders and start speaking the language of someone who understands the mechanics of building a scalable business.
Some founders worry that if they stop using these familiar lines, their pitch will lose impact. It’s the opposite. The more you strip out generic statements, the more clarity you create. Investors want specifics; they want realism paired with ambition. They want founders who can articulate their market with precision and who can defend their strategy without leaning on clichés.
What your pitch should ultimately signal
Only 1% of founders successfully raise investment. The difference rarely comes down to the product alone. It comes down to how well the founder understands the investor’s mindset.
Investors need to see evidence of ambition, awareness, and repeatable execution. They’re not looking for perfection. They’re assessing your ability to make good decisions under uncertainty and an ability to execute.
So if you take one thing from this, it should be that you need to become an expert in how investors think. Craft your pitch to meet the information needs of the people you’re speaking to, not the habits of founders who pitched before you. When you do that, you stop sounding like the 99% who don’t raise and start sounding like the 1% who do.