Doing business with no Regrets

Doing business with no Regrets

Friday, May 27, 2016

Lesson 6

     Napoleon Hill stated “Every adversity, every failure, every heartache carries with it the seed of an equal or greater benefit.”  This week I decided not to make an elevator video for my $100 Challenge, but made one for my Big Business idea, which was all great and awesome, in my personal opinion.  Then come to find out the weekly challenge for the $100 Challenge was to submit an elevator pitch video.  I have to do two videos, but I learned a lot about both my businesses and decided to look into the silver lining of creating an extra video.  With the Big Business that I want to create, it is easy to be passion about it and know everything and create a simple elevator pitch because I have been thinking about it for over a decade.  While on the other hand the $100 Challenge business is a lot harder for me to make a good and simple elevator pitch that hits all six questions that were asked of me.  It was hard for me because I am not passion about it, I am doing it as an assignment, as well I have another business that I am trying to start up and more focus on that.  The six questions of what is your product or service? Who is your market? What is your revenue model? Who is behind the company? Who is your competition? Don't have any? What is your competitive advantage, were really hard for me to answer?  But this stretched me to become a better business person and to realize that not all aspects of business or even the business itself would always be easy.  The benefit of doing to videos this week is that fact that I received more practice at creating elevator pitches and working on my business instead of in my business.

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