Skip to main content

Assignment 17: Elevator Pitch No. 2


Reflection: This assignment was a bit hard to do because I received only positive feedback. Everyone who commented on my post said that my product was something they would buy or could see a loved one buying. They also said that I seemed engaging and excited to talk about my product, which was encouraging. I appreciated their comments since I was having doubts about whether my product was a good enough solution to the problem. They assured me that it was.

Changes: Since I only received positive feedback on the first one, I really didn't feel a need to change much about my elevator pitch's wording. I am my own worst critic, and I noticed that my delivery seemed a bit stiff in the first pitch. I made a conscious effort to be more conversational and not sound so nervous in this pitch. Hopefully, it came across that way. I want to seem genuinely excited about my product and approachable to the audience.

Comments

  1. Hey peyton! Its awesome how you genuinely seem to be excited about the idea youve come up with. That trait truly makes the pitch more entertaining. Something I think you could do a bit more is to make a clear distinction between you and potential market competitors because, although I'm sure your idea hasnt been excecuted perfectly by others in the past, there are definitely people who have tried to accomplish this task before. Great job though!

    ReplyDelete

Post a Comment

Popular posts from this blog

Assignment 25: What's Next?

Existing Market What I think is next: Assuming the launch goes well, people are buying from my website, and the mirrors make their way to the shelves of Sephora and Ulta, I think my customers will want different shaped mirrors next. Some might want a full-length mirror to get the whole outfit in, some might a small mirror to keep on their desk, etc. I also think we can start making different colors and border designs to fit different room aesthetics. After all, a room with a rustic feel and a room with a mod feel are going to need two very different mirrors.  Interviews:  Boy, my predictions for what's next for my market couldn't be further from what my interviewees saw as the future of my brand. I know that this is the point of doing assignments like these, but I'm always both shocked and impressed by how far my interviewees' answers seem to be from my expectations. I interviewed a few more of my friends who are into beauty and skincare, I will say that all of them...

Assignment 23: Your Venture's Unfair Advantage

1. Human capital: I know makeup. This is a simple thing, but it's the most obvious trait I simply need to pull this off. Because I know the beauty industry well and what tools are needed to make makeup application a breeze, I know the functions this mirror should be outfitted with. Valuable: Like I said, I think it's the foundation of all the resources I possess. Knowledge about the industry is extremely valuable if I hope to break into it. Rare: Not rare at all. Many people have knowledge about makeup, but not everyone wants to start a business. Inimitable: Very imitable. Many people possess the knowledge I have. Non-substitutable: I suppose it is since you can't substitute knowledge on the industry with other knowledge. I guess I could hire people who know the industry better than I do, but that would be a waste of resources.  2. Social capital: I happen to know someone with their own makeup brand whose products are stocked in Riley Rose, a popular makeup store. ...

Assignment 5: Identifying Local Opportunities

1. "Orlando region rank No. 2 for new HIV diagnoses among large U.S. cities" by Naseem Miller for the Orlando Sentinel Summary: The Orlando region saw 730 new cases of HIV in 2017, the second highest number of diagnoses among large U.S. cities. Contributing factors include Orlando's rising population, lack of access to health care and transportation, lack of education, poverty, and stigma. There is legislation waiting to be signed by the governor that would allow drug users to exchange their dirty needles for clean ones, which would help with the problem. The Trump administration aims to eliminate HIV in the next decade, but proposed to roll back protections against discrimination in health care for LGBTQ people.  The problems: The HIV prevalence rate is alarmingly high in the Orlando area and not much is being done by the local and national governments to alleviate it. The causes of new HIV cases are rooted in longstanding socioeconomic disparities. Finding solutio...