(My dog cried until I let him in the room with me, so pardon any bulldog snores you might hear.)
1. I think my exit strategy will involve expanding the business for a decade or so and then selling it. I think that my knowledge and tastes concerning makeup have a shelf life, and one day my products will be irrelevant. I think I will sell the business before that happens. That way, some ambitious newcomer can make something of the brand name and I can retire. 2. As I've stated in previous posts, many big names in the makeup industry will start by selling one product and then expand into other product lines. I hope to do the same thing since I obviously love makeup and would like to create a makeup collection of my own. Expanding the business for 10 years or so will give me the time I need to establish my brand name and accomplish everything I want to accomplish before selling. 3. I really hadn't thought of my exit strategy before now since I was so concerned with getting my venture off the ground. I think I was aware that whatever I chose as my business idea for this cou
Hey Peyton!! You had a great video and it was super creative. You are so right in some hotels or even rooms the lighting is not the best and this invention or business plan would definitely solve the issue that many woman face. Loved your business wear and you seemed excited to talk about your product. Hopefully this comes true. I would so buy it.
ReplyDeleteHey Peyton, I enjoyed the pitch! I think that your product would be a great idea to a problem that many women struggle with. I know I’ve found that my girlfriends has had issues with this whenever we travel and she even didn’t like our house originally because of the lighting in the bathroom. I think your idea would be a great product!
ReplyDeleteHey Peyton! I really enjoyed your work on this elevator pitch! This is such an awesome idea for a project and I can tell it is something you are really passionate about. After hearing your elevator pitch I can definitely say that this innovative solution is totally something I could benefit from in my own life! Overall, I thought you were both engaging and informative. Great work on this assignment!
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