What’s In This Email

• 4 Things NOT to do when presenting your business model to investors

• FDA approves Apple AirPods as hearing aid solution for mild hearing loss

• Shaker’s Club is serving Asian nostalgia realness, and it’s the best

• Traffic woes: Gardiner Expressway will be closed this weekend

• Notable Spotlight: Di’s Pizza Pies

• Notable Plug 🔌

✍️ TAKE NOTE

4 Common Mistakes Founders Make When Presenting Their Business Model to Investors

When pitching to investors, presenting a well-structured business model is crucial. However, many founders fall into common traps that can undermine their message. Here's a breakdown of the top mistakes founders make when discussing their business model and how to avoid them, ensuring that your plan captures investor interest and confidence.

Key Takeaways

• Mistake #1: Treating Your Business Model as a Pricing Slide
  Founders often confuse pricing with the business model. Go beyond listing pricing tiers—explain the mechanics, revenue streams, and key drivers that make your model work.

• Mistake #2: Having Too Many Revenue Streams
  Early-stage companies should focus on 1–3 core revenue streams. Clearly distinguish between current and future revenue sources to avoid overwhelming investors.

• Mistake #3: Not Showing Your Competitive Advantage
  Investors want to see what makes your business sustainable. Highlight your competitive edge, whether it's low costs, scalability, or high margins.

• Mistake #4: Not Discussing Business Model Economics
  Show the attractive aspects of your unit economics, including metrics like Customer Acquisition Cost (CAC), Customer Lifetime Value (LTV), and profit margins to support your claims.

Bonus Tip: Create a business model slide that outlines key drivers, the path to $100M+ revenue, and how it aligns with the market size for the ultimate pitch.

Why this matters: As millennials increasingly step into entrepreneurial roles, knowing how to effectively communicate a business model is key to securing investment. This guide provides clear, actionable insights to avoid common pitfalls and increase your chances of success.

Read the full article here.

Apple AirPods Gain FDA Approval as Hearing Aid Solution for Mild to Moderate Hearing Loss

Apple AirPods Pro 2 users will soon be able to benefit from a groundbreaking FDA approval. The FDA has authorized a new “Hearing Aid Feature,” transforming the popular earbuds into hearing aids for individuals with mild to moderate hearing loss. This feature will come as part of a free software update this fall, offering a more accessible and affordable option for those seeking hearing assistance.

Key Takeaways

• New Hearing Aid Feature: Apple’s software update will allow AirPods Pro 2 to function as hearing aids for adults 18 and older with mild to moderate hearing loss.

• Home Hearing Test: Users can take a five-minute hearing test at home and adjust sound settings based on their specific needs.

• FDA Approval: The feature received FDA approval after a clinical study demonstrated similar benefits to professionally fitted hearing aids.

• Cost-Effective Alternative: AirPods Pro 2 ($249) offer a more affordable hearing aid option compared to traditional devices, which can range from $99 to $7,000.

• Reducing Stigma: Advocates hope Apple’s innovation will raise awareness and reduce the stigma around hearing loss.

Why this matters: This update could be particularly appealing to millennials seeking cost-effective and accessible health solutions. With its seamless integration into a widely used consumer device, Apple’s new feature may encourage more people to address hearing health early, reducing long-term risks associated with untreated hearing loss.

Read the full article here.

@heyapearl

Ever walked past a place thinking it’s not worth a stop, only to be totally amazed when you go in? That’s exactly what happened to me and ... See more

@blogto

Thinking about taking the Gardiner this weekend? Think again😬 #toronto #gardinerexpressway #torontotraffic #fyp #greenscreen

Di’s Pizza Pies

This newly opened pizza shop is making a splash in St. Catherines.

@dishedtoronto

When the moon hits your eye like a big pizza pie… That’s amore 🍕 #ForYou #Fyp #Ontario #Pizza #Restaurant - 📍 Di’s Pizza Pies

Learn more

🔌 NOTABLE PLUG

🎙️ Get Into It: Unsealed: The Tylenol Murders podcast. In 1982, the nation was living in fear. One by one people in the Chicago area were dying. No one knew why — or who would be next. Law enforcement mobilized to answer the what, who and why. The what was Tylenol, laced with cyanide, placed randomly on store shelves to kill unsuspecting victims. But the who and the why? That would elude investigators for decades.
If you think you know the story of the Tylenol Murders, think again. Award-winning Chicago Tribune investigative reporters Christy Gutowski and Stacy St. Clair uncover new and critical clues in law enforcement’s latest — and possibly last — attempt at closing one of the nation's most infamous unsolved cases. Listen on Apple or Spotify.

📄 Notable Hires: Influencer Director @ We Are Social (hybrid, Toronto)

🎓 Hope This Helps: Tiqt. Boost WooCommerce conversions with AI-powered tools for smart sales assistance and automated customer support.

🌍 Notable Destinations: Toronto to New York ($171 - $280) Dates: November 26 - December 5. Click on this link to see the deal.

🧠 Today We Learned: that Shangri-La is a real place, after China renamed Zhongdian in 2001 after the mythical land depicted in the 1933 English novel Lost Horizon, hoping to promote tourism in the area.

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ABOUT NOTABLE
Notable Life is Canada for young professionals, entrepreneurs, and culture generators operated by The Notable Group. Notable Daily inspires ideas and sharpens the minds of over 40,000 top-tier professionals in competitive industries.

Disclosure: While we utilize artificial intelligence (AI) to assist with certain aspects of content development, all information provided in our content is thoroughly vetted and edited by our team of humans. We strive to ensure the accuracy and reliability of all information. However, we recommend that readers conduct research or seek professional advice to make informed decisions. This email may contain sponsored content.

Written and curated by Ashley Nedaei