LSU Dream Business Concept Green Tech Solutions Discussion – Description
Dream of a business concept that provides a product or service to others (i.e., customers). Then, clearly and concisely present the idea to me (think of me as potential customers or potential investors). This type of oral presentation is commonly called an elevator pitch (named based on the analogy of riding an elevator and having only a few seconds to convey your story as you ride from the bottom floor to the top). Your pitch is limited to TWO MINUTES and should be organized, well prepared, interesting, and flexible.
You also might consider explaining your motivations for being interested in the idea you are pitching (and perhaps entrepreneurship in general). Also, explain the unique attributes and skills which make you suited to bring this venture to life and what might make you an excellent team member.
Pitch Content
Using this as a guide, you are expected to deliver a two-minute pitch of a business idea that provides a product or service. You should address these key ideas:
The problem—clearly explain the “pain” for which your product or service will be the solution—listeners should know the exact problem that is being solved with your product or service (consider a story, making this memorable for the listener)
The solution—describe how the product or services provided through your business addresses the pain or solves the customers’ problem
The customer–describe the specific customers you are trying to reach in a very concrete way
The advantage—explain the benefits your product or service provides over other alternatives (i.e., how do you solve the problem better than others?)
The entrepreneur—describe your motivation and your specific skills, abilities, and attributes
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