Strip it down.

There's an unfortunate temptation in a short speech to try to cram everything you have to say into a short time. Instead of trying to make the time fit the speech, however, recognize that you have to make your remarks fit the time allotted. If you've got five minutes to talk, you shouldn't have more than three main points.
Key: If your short speech is longer than this article, it's too long.

Plan and rehearse.

This applies whether you have five days notice before your speech or 30 seconds. If you're surprised to be called on to speak, your planning might consist only of conjuring up your three main points while someone else is trying to get everyone's attention and introduce you, but that's better than nothing. Ideally, you want to plan everything you're going to say, rehearse in front of other people, and rewrite over and over.
Key: Don't fall into the trap of thinking that short remarks require less preparation. In fact, giving a good short speech can be harder than giving a long one.

Source: Inc.

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