Devry SBE440 Week 2 Discussion DQ1& DQ 2 Latest 2015 November

QUESTION

DQ 1Peter Lynch (a legendary investment fund manager) once said that he wouldn’t invest in a company unless he could explain its business in five minutes or less to his 12 year old son. Why is the 60 second elevator pitch so important?How might you explain a high-tech idea to someone who is not tech savvy?DQ 2Is there any business that has no competitors?If your business is so attractive, why aren’t others already in it?

 

ANSWER:

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