As I reflect on the feedback from my first elevator pitch, I was pleased that there was a positive response to my idea. This was likely what stood out the most to me as being important, that my product idea had promise in the eyes of potential consumers. I also appreciated the encouraging feedback on tone, flow, and overall presentation, including my opening hook. I didn’t think any of the feedback was wrong or silly, but rather after self-reflection that I may have not articulated clearly enough how my product was differentiated from other like products on the market. Therefore, in my second pitch, I intentionally compared my product to two others, Apple care mode and cell phone blocking technology. I explicitly stated that what made my product different was that, unlike the competition which required the user to voluntarily use the deterrent, mine would be an involuntary imposition of technology that prevented them from using their device entirely while driving. Additionally, I used the feedback to be more specific regarding to whom I would sell to, the smart device manufacturers.
https://youtu.be/UejSXkHo6xo
Hi James,
ReplyDeleteGreat elevator pitch! The presentation was well done and I was able to clearly understand your product and how it will work. I believe it will have some resistance from customers since a large number of people tend to drive and text (not ideal at all), but I believe it is a great idea and would certainly improve safety by reducing the chance of drivers causing car accidents because they were looking at their smart device. Again, great video!
James,
ReplyDeleteI think what you did best in this elevator pitch was your pitch. You seemed very calm but at the same time very passionate. You talk in a tone that makes me want to listen. This was a very good elevator pitch but if I had to give it one piece of constructive criticism, I would suggest adding more credibility, Why should I listen to you? Why are you the right one for this investment?