Your Exit Strategy
I think my exit strategy would be to sell my company to a previously established foodservice company such as College Chefs. I would spend the next few years building up my presence in the elementary school market before transitioning to middle and high schools. While I had planned to then move on into the college market, I think at that point one of my potential competitors would rather just buy me out. I think that would be my best option, as that would allow me to move on to other projects. I think this strategy does affect my plans to grow the company. If I know I am intending to move on once I get a big enough hold on the market, I will be willing to take more long term risks since I won't be around to deal with the fallout in the long-run. However, I wouldn't be reckless about it, and would be transparent about my intentions and my actions throughout my time working with the company,
Hello Grant! I like your problem and solution, and how your hook included a statistics to grab the viewer's attention. There are a couple of things that could be improved, particularly with your video quality and your body movements. I'm not sure which recording device you use, but if you could either move it to get better lighting or get an external source of light, it would make the video look much better. Additionally, it seems that you swayed a lot during your pitch, which can be distracting. But the message was great and I agree wholeheartedly.
ReplyDeleteHi Grant,
ReplyDeleteI find that you have discovered an ongoing problem in today's world and a solution to that problem. Moreover, I find that you had a very persuasive elevator pitch, as you started your speech with important and uncommon statistics. In order to create a better elevator pitch, I would recommend recording yourself in area with better lighting, and I would consider wearing more professional clothing, like a sports coat and a button down.
Hey Grant! Good start with the statistic! 1 in 5 kids is a very concerning number, and definitely hooks prospective customers to listen to what you have to say. You were very enthusiastic and knowledgeable about your opportunity, so the pitch was very easy to follow. Your hand movements helped get certain points across, but be careful with moving them around too much, as that can become distracting. Good job though!
ReplyDelete