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 3: My Entrepreneurship Story

I've recently gotten into pole fitness, and I'm more impressed with how awesome the pole community is the more I interact with it. Tiffany Bennett a.k.a. Natalya Nightshade is the owner of Nightshade Designs, a shoe customization business highly respected in the pole community. Natalya creates heels with custom designs etched in glitter to fit the personality of the client. Insider even made a video about her business, which can be watched  here . I first discovered Nightshade Designs at my pole studio's student showcase where they were attending as a vendor. I couldn't take my eyes off the sparkly shoes, and even though I had only taken a few classes, I wanted a pair of my own. Natalya even took the stage herself, leaving me in awe of both her performance and her killer heels. Natalya capitalized on a narrow, yet vibrant market with high demand for an individualized product. What a dancer wears affects all aspects of their performance, and Natalya knows this bet...

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. ...