This week we
had to submit an elevator pitch for our business ideas. I chose to do mine on
the idea I have for the $100 challenge. I have to admit this assignment was a
challenge for me. I am someone who tends to get lost in the details. I over explain things and say a lot more than
I need to in order to get my point across. I had to really think about condensing
what I had to say to do my elevator pitch in 60 seconds. We submitted our
pitches to the class and we were able to give each other feedback before
submitting it to our instructor. I found this to be one of the most time
consuming discussion boards but also one of the best.
In our lesson material this week we read an
article called, “In Praise of the Purple Cow” by Seth Godin. In his article he
explains that a purple cow is something that stands out, something extraordinary
and worth talking about and paying attention to. He gave several examples in
his essay about how certain products or services stood “out from the herd”. This
really made me think about my product for the $100 challenge. What can I do to
make sure it stands out from items that are already out there? I am currently working
on a few ideas to make my product unique and hope to create a “purple cow”
myself.
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