Week 10 DiscussionCOLLAPSE
Best Innovation Pitch
This week’s DQ hosts a friendly class competition. First, create and post a pitch on why your innovation business plan is “best in class.” Then, from your peers’ videos, select the two that impress you most. At the end of the week, the professor will announce two winners, based on peer feedback and his/her own assessment.
Using the prompts below as a guide, write a succinct pitch for your innovation business plan:
- Briefly describe your new product or service
- What is exciting and innovative about your product or service?
- How are you financing your project, and when will it break even?
- Explain why your product or service will succeed in the market?
- Why should your peers vote for your innovation pitch?
Using Zoom, record your pitch and post the recording as your initial response. Your video should be no more than 3 minutes long.
For your required response, cast your vote by replying to your professor. Select your top two choices and briefly explain how these pitches impressed you. Of course, you may also respond to individual classmates with appreciative comments.
Post your initial response by Wednesday, midnight of your time zone, and reply to at least 2 of your classmates’ initial posts by Sunday, midnight of your time zone.
Becoming the Next Big Thing
Once your new venture is launched, it needs to grow and develop fast. Startups and new ideas must attract funding, grow their market share, hire and train employees, set up systems, and identify expansion opportunities. As a business grows, there will be new strategies and partnerships, bringing different challenges from the start-up phase. This week, we hear from Austin about his plans for the future of Tio Gazpacho, which include building a nationwide brand and eventually selling the business to a large, global company.
As we conclude this course on entrepreneurship and innovation, you will have an opportunity to discuss the connection between an innovation mindset and leadership success. In addition, this week we invite your feedback on the video-based case that you have experienced during this course.
This week, you will:
- Identify the stages of growth for a new business and understand their challenges
- Explore how innovators create a strategy to manage growth and expansion
- Create a pitch for your innovation business plan and review your peers’ pitches
1st person to respond to
Kirk Hanson RE: Week 10 Discussion COLLAPSE
Below is the NUsurface XX pitch. I hope you enjoy it and look forward to your feedback.
What an excellent course, and I appreciate and value everyone’s DQ’s. I am always amazed at how I learn from everyone, and for that, I would like to thank you all.
2nd person to respond to
Sharon Leite RE: Week 10 DiscussionCOLLAPSE
Hello everyone – Pleasure being in class with you.
The below link has my “pitch”! 😉 Look forward to watching and listening to yours!
Thanks for a terrific term, I appreciated all the discussion.