Posts

Showing posts from March, 2018

Elevator Pitch 3

Image
Above is the link to the third version of my elevator pitch. This time, I had classmates who commented on my post so it really helped me make changes that would improve my pitch this time around. When I read my fellow classmate’s comments on my blog I was pleasantly surprised. Most of the comments about my pitch were positive! The first comment spoke about the length of my speech and my hook. My classmate said that he really enjoyed my hook and that it grabbed a lot of attention. He also said that my speech should be a bit shorter because I may lose the attention of the audience. The second comment also spoke highly of my pitch but said that my tone may be too serious. In light of these comments, I kept my pitch mostly the same, keeping the hook, but I did shorten it a bit. In regards to the tone, I believe that my product tries to solve a serious problem so I stayed with the serious tone.

Your Venture's Unfair Advantage

1.      Knowledge of my product: I am knowledgeable in guns as I have worked with them before and know them well ·       Valuable: Knowing your product is always valuable as it lets you make more informed decisions ·       Rare: I do not believe this is rare as most people know the product they are working with ·       Inimitable: This can be imitable as long as one puts in the time to learn. ·       Non-substitutable: this skill is impossible to substitute 2.      Popular support from public: with all of the recent gun violence in America, any product that will make guns safer will be welcomed ·       Valuable: this is very valuable because it means people will be more likely to buy my product ·       Rare: This quality can be rare especially when dealing with such a sensitive topic l...

Growing Your Social Capital

Domain Expert: 1.      Who they are, what their background is ·       Rigoberto Menendez, he is a technical expert in not only many types of firearms but in gun safes and gun locks as well. 2.      How this person is a “domain expert” ·       He is a domain expert because he has a lot of technical expertise in not only guns but gun locks as well, which will help since he not only specializes in my product but the product I am making my product for as well. 3.      How I found and contacted this person ·       He was a friend’s father and I got his contact information from him 4.      Nature of exchange ·       I basically explained to him my idea and why I believed that it would solve many problems that current versions still have. I asked if he believed that my product could be a viable subst...