Saturday, November 10, 2018

Elevator Pitch 3


Elevator Pitch 3

Link: https://www.youtube.com/watch?v=_9WDg87vs1s

Describe what stood out to you as important, what feedback surprised you the most, what feedback you think was outright wrong or silly or amazing and inciteful. 

Reflecting on the comments (two) from my last elevator pitch, I generally received positive feedback with two main critiques. The first one was to act more enthusiastically about your product and the second was to adjust my pricing model (too high). Since I agreed with both considerations, I will make sure to act with more enthusiasm and will adjust my pricing model accordingly in this final elevator pitch. I was glad to read that creating a company name was well received because I figured it’d be smart to brand my opportunity into a name rather than have no identity. Overall, no part of any comment was silly, and I really appreciated the kind words and support my classmates had for my second pitch!

What did you change, based on the feedback?

·       As described in my reflection, I have changed the pricing model and tried to behave more enthusiastically in this third pitch.

·       Edited that Roommates for Change will work with Canvas directly to be more specific and remove the vagueness about how the class will be administered to students.

·       Included that this class serves on and off-campus students.

·       Took out transfer students as part of the demographic this class would – some transfer students may already be accustomed to living with roommates, plus transfer students are in their third year and should be focusing on core classes to complete their bachelor’s.

·       Changed “one year of proven success” to “two years of proven success.”
·       Added “our core developers…” sentence.

·       Changed the research pool of 500 students to 500 alumni, also specified that the subjects were all UF alumni (to be more relatable).

·       Tried to talk slower and clearer.

Pitch:

“Here at Roommates for Change, we have crafted an online course that focuses on creating positive, healthy, and consistent living habits for college freshmen that live with roommates – both on and off-campus. Our core developers have experience in higher education and have lived with roommates in the past. Furthermore, of the 500 alumni we have interviewed from the University of Florida, only 27 graduates never had an issue living with roommates. Therefore, we seek to address the widespread challenge of roommates not collaborating to clean common areas of the living space – specifically in the kitchen and living room.
We recommend making this course mandatory for freshman students, although we leave that for you to decide. For efficiency and lower implementation costs, we will work with Canvas directly to fully integrate this course into your online learning platform. For pricing, we are asking for 30% of the price of one credit hour, per each student enrolled. After each of two trial semesters, we will adjust the class based on its effectiveness and reviews written by the teachers and students.
This course is a win-win for students, as they receive applicable life skills and points towards their GPA. Too often we hear stories about roommates fighting over a sink full of dishes or dirty clothes left all over the apartment – and our one goal is to take away this unnecessary stress students experience. 
After at least two years of proven success at the University of Florida, we plan to expand to other institutions as a resource to facilitate peaceful living between students and their roommates. By granting students an understanding of the complexities of living with other people, your students will not waste time speculating about issues at home, though rather focus on their academics and campus involvement!
Thank you!”

2 comments:

  1. Dear Evan,
    Like always - great job on this assignment. From just opening up the video I can tell you used a good quality camera, were dressed appropriately, and really opened up to your audience. I believe you did a good job at explaining your audience everything you could in a limited time frame. You really hit the spot on talking about your goals, future goals, how you plan to implement your product, the pricing, and the adjustment period after two semesters of offering the class. I really believe your video shined light on almost everything that is necessary. The only advice I would give to you is maybe to elaborate on how your app will meet its goal on teaching students healthy living habits. Maybe you can explain to us what kind of classes these students will be taking. Cleaning, to me, is learned through hand on experience so maybe you should talk about how you will implement this class online (discussions, quizzes, modules, ect.)

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  2. Hi Evan,

    I am really impressed with your third elevator pitch, the improvements that you have incorporated into it really stand out! I like that you have continued to narrow the focus of your pitch with each video. The more specific the information you give in the pitch, the more that information is going to stick in peoples' heads. I think the decision to pinpoint UF alumni is a good one as well! I work in one of the residence halls on campus, and each hall's living experience is radically different, I can't even imagine what those of other universities are like. Focusing specifically on UF alumni allows you to tailor your product specifically to UF, which I think is something other schools would find themselves wanting to do if you were to move the product to other universities.

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