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Course: BUSI 111
Small Business Management
Assignment
The art of the elevator pitch and the insights of two
entrepreneurs
The art of the elevator pitch and the insights of two
entrepreneurs
Learning objectives of the elevator pitch
Presentation 1
In this first presentation the speaker described the elevator pitch as a two minute presentation
or the same time it would take someone from the lobby to the investor’s office
...
It must also be related
to either a current event or trend that relates to the investors and grad their attention or simple
what new can you offer that can make money the must be done in thirty seconds
...
Presentation 3
This was a rather simplistic approach as compared to the other presentations
...
Andrews Welch – Band Wagon Tours
He began the presentation by giving a brief history of himself
...
He wanted to transform Trinidad and Tobago tourism
industry to be better that the world
...
He gave an example of
how he first realized attempt as an entrepreneur’s pros and cons at a very young age by selling
pop corn
...
He also mentioned that entrepreneurship is within the individual and most of it comes from
common sense and that people should utilize all their ideas regardless of how shallow it may
be , because all ideas :
Present opportunities to take – all you have to do are to find these opportunities
...
What makes you the entrepreneur different from another is being able to think outside the box
and creative to new things at all times
...
In closing his speech he said all entrepreneur must understand that they are not capable of
completing all task be themselves but must put aside your shame and pride and seek the
necessary assistance in running a business example hiring of accountants
...
Welch has the right approach of testing your determination and fight for
your dreams but bearing in mind of the type of business he operates which means taking
charge of people