For this assignment students have been asked to build off
the first Elevator Pitch assignment. An elevator pitch is about a 90-second
pitch where you describe the highlights of your company. It is important to set
the hook, making sure you have the audience’s attention. It is also important
to be concise, so that you won’t lose or confuse your audience. Once you have their
attention, and are confident that you will not lose it, it is important to make
sure they know how you will be making money. You will be doing elevator pitches
for potential investors, so showing them how you make money is showing them how
they will make money too.
My
previous post did get some feedback, I am going to post the comment below, then
address it. The comment reads as follows:
“Hey Michael!
I enjoyed that you decided to stick with the business of coffee. I really like that you spoke about your business in 5 parts, really made it more specific and easy to follow. What other items were you planning on selling? Do you have any statistics when it comes to coffeeshops in the area? Any competition? Thanks for sharing!”
I enjoyed that you decided to stick with the business of coffee. I really like that you spoke about your business in 5 parts, really made it more specific and easy to follow. What other items were you planning on selling? Do you have any statistics when it comes to coffeeshops in the area? Any competition? Thanks for sharing!”
First, I’d
like to thank my classmate for the comment. I have evaluated it and have decided
to tweak my pitch slightly. I will include some examples of other items that we
will be selling. I won’t include any statistics about the competition because
my pitch can only be 90 seconds, however, I would have that information handy in
case an investor would like to know.
Link to video: https://www.youtube.com/watch?v=Esb66AAWF2k
Hey Michael!
ReplyDeleteI really enjoyed watching your video about the further consideration of your coffee business! I especially like how you incorporated comments from your last pitch to make this one even better. It really is important to incorporate either statistics or background information about the area in which you were going to open these coffee shops and you did it successfully, thanks for sharing!
Hey Michael,
ReplyDeleteYour video was very enjoyable as you delved deeper into your coffee business idea. Using elements of your last speech and combing them with the feedback your peers had on your previous one was a great idea, as it allowed growth not only for you as a person, but for your business idea. Using the data you did research on to make sure that you are addressing a need in a market and have a diverse amount of products that is not overly diverse, but is fulfilling the exact needs of the customer was something that I enjoyed learning about. You presented this information in a great way, and this pitch would have me investing in your business in no time. Thanks for sharing!
Michael, your pitch was very well thought out and I could tell that you put a lot of planning into what you were saying. The statistics and other information was very relevant and insightful. Sometimes it can be hard to have just the right amount of data to present in these quick pitches, but I think you found a great balance!
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