29A- Venture Concept No.2 I’ve lived most of my life on the water so the beach is a second home to me and we know in this increasing population that means more trash and sadly our beaches and bodies of water suffer from the pollution and debris that all of us humans make. That is why it is my company and product’s goal is to help preserve our beaches for our own benefit. I want this company to do more than just sell products, I want to make a difference in my own community and others dealing with the same sort of problem. In order to fully achieve and facilitate my idea of the sea sweeper into a reality that would help millions of people, I must create an opportunity for myself and have something innovative that someone has never created before or at least to the same efficiency as my product. The opportunity that lies up...
Popular posts from this blog
21-A Reading Reflection No. 2 1) After reading " Mindset " by Carol Dweck this past week, I can easily say that the main argument and point of the book was to stress the importance of the correct mindset, hence the title, when conducting business and starting your own company. Carol believes that psychology can lead to success and only with the right mindset, in combination with an idea and work ethic, but mindset is not something that can be lacking. Dweck makes it a reoccurring point that in order to be successful in business, you must allow your mind to grow and become more psychologically intelligent to progress. 2) The book enhanced what I'm learning in ENT3003 by showing me there is more to business than just having a good idea and a good work ethic, it's also about where you are mentally and your mentality when problems come along, because they will, and this affects how you deal with them and progress. 3) Honestly, as silly as it sounds, I would...
28-A Exit Strategy 1) My exit strategy really does come down to if my business is successful or not and how successful it really is. If my business is raking in a lot of money and growing, I think I would keep it and continue to grow it to become a bigger business but if my company is doing okay and I feel as if I cannot make a big difference in the remaining life of my business, I would try and sell it to someone who can grow the business. If I did decide to keep my business, I would keep it to provide for my family until one of my children is old enough to own it, that is, if they wanted to inherit the business. If not, I would sell it and use the money to retire. 2) My strategy relies on what my kids want and how successful I am. I want this strategy because I don't want my children to be born rich and spoiled, I want them to learn on their own, fail on their own so that they can go through the process I went through instead of just being handed money. 3) This stra...
Hi Nathan,
ReplyDeleteI thought you did a great job with your elevator pitch. I thought the delivery could have been smoother, but I liked that it didn't seem too rehearsed. I also thought that you could have been a little more enthusiastic about your product. However, I think that your personal story made it clear why this endeavor means a lot to you.
Great post!
Hey Nathan,
ReplyDeleteI really really loved your idea! My opportunity is about environmental awareness as well! I think that the first 10 seconds could've been more grabbing and interesting, maybe with more enthusiasm! I think that you gave this pitch a little too casual, but overall very well!
Hi Nathan,
ReplyDeleteI really enjoyed watching your elevator pitch and really do think you have a great idea. Through your elevator pitch it was easy to feel the importance of your idea, as well. I am a fan of talking to people with a lot of energy, so I think that this is something that you could implement right off the bat. Overall, however, great work! I would love to see where this idea could actually go.