Question

Assume that you are stuck in an elevator with a potential investor and only have 60 seconds to pitch a business idea that you developed. 2. Develop a 60-second “elevator” pitch to summarize the business idea. Record this, either using video or audio and post it to this discussion forum. Your pitch should include the following: The problem your product or service is going to solve Types of people or companies that suffer from the problem How widespread the problem is and the importance of solving it The innovation or competitive advantage behind the product/ service 3. Ensure that your video/audio clip has an appropriate means of protecting it from unauthorised use.

Answer 1

Hello,

I am XYZ, can i take your one minute. I am planning to open a BOOK BAR in our city which is going to be very interesting. In todays electronic world still there are some people who value books and believe in reading and have no place for doing that so I want to give them that platform with some tasty snacks and beverages to enjoy with. I got this idea because I am one of the person suffering from this issue so I believe that people will surely exploit this platform at the best level. This is not a huge problem but there is definetly a need of this place in today's environment where people are searching for peace in their life. This is a new concept, I will provide them great books, they can met their type of people and make their own club. Even I had discussed it with some writers and they were interested and excited to visit BOOK BAR. So I just want you to think about my business idea and invest in it as surely this gone be a successful venture and I know this is not possible without a potencial investor like you.