Pitch Your Big idea in Video
For your course project, you need to identify an innovative “big idea” for your Business Plan. This DQ is designed to help you select and refine your “big idea.” You will prepare and record a short video recording (2 minutes or less) about your “big idea” as your initial DQ post. Work through the steps below to plan and create your DQ video:
Step 1. What is your “big idea?” If you don’t have one, see the Assignment 1 Instructions for resources to help you identify one.
Step 2. Using the prompts below, draft notes for a brief, succinct pitch on your “big idea”:
- What type of Business Plan will you develop: Entrepreneurial is what id like to focus on
- Briefly describe your “big idea” and explain what you find exciting about this product or service.
- What problem in the market or in the community will your “big idea” solve?
- Why doesn’t this product or service already exist in the market?
- Identify the Strengths, Weaknesses, Opportunities, and Threats for your “big idea.”
Step 3. Use the PowerPoint SWOT template, provided in the Assignment 1 resources, to create a visual SWOT analysis chart for your “big idea.” The content in the SWOT chart comes from your notes for the last bullet point in Step 2
Requirements: i’ll do the video
Answer preview
The big idea to implement in the business plan for Fast and Professional Riders start-up company is the contactless delivery services. As a start-up company, Fast and Professional Riders has seen the need for tapping the opportunity of promoting safe and quick deliveries to clients who hire riders from the company (JWI 575 RTC, n.d.). Other companies without delivery services will also benefit from the professionalism and high-end deliveries offered by the business. The launch will happen in the sixth months’ time. The company’s mission will be to provide professional services to companies and clients through contactless deliveries to enhance safety.
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