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The Close Door Button

· 1 min read · Tim Cooley

Cartoon: a founder leans across a boardroom table asking for a decision while the investor scrolls his phone and her co-founder stares into a laptop.

Most elevator "close door" buttons aren't connected to anything.

This is true. In a lot of buildings they were disconnected years ago, for accessibility rules, and nobody bothered to remove them. The button is still there. It still clicks. It even lights up.

And we press it. Every time. Sometimes twice.

I have watched a man in a suit press it four times in a row while the doors closed on their own schedule, entirely indifferent to him. He got off on his floor believing he had made that happen faster.

Here's what gets me about it: pressing the button feels like doing something. It feels like control. It's the exact motion of progress. And the elevator was always going to close at the same moment either way.

Pitches have a close-door button.

It's the moment near the end where a founder leans in and asks for a commitment. So can we get a decision this week? It feels like closing. It has all the shape of closing — the lean, the eye contact, the direct ask.

It also doesn't move anything.

I've watched thousands of pitches, and not one company has ever been funded the day it presented. Not one. The check comes after due diligence, after the follow-up, after the second and third conversation. There is no version where the room votes and money appears.

So the ask that actually works isn't for money. It's for Thursday.

The founders who get funded are boring about this. They finish, they answer the questions, and then they say some version of what would be a useful next step? — and then they stop talking. No lean. No press.

They're the ones who understand that the doors were always going to open. Your job is just to be standing there when they do.

I wrote a whole book about the nine minutes before that moment.


The Pitch Deck Book — how to present your business and secure investors.

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Why asking for the check at the end of a pitch does nothing | Tim Cooley