Taking Ideas into Business Reality

Taking Ideas into Business Reality

Assessment

Interactive Video

Social Studies, Business

University

Hard

Created by

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FREE Resource

The video discusses the journey from having a business idea to making it a reality. It emphasizes the importance of testing ideas before investing heavily, using methods like mock websites and platforms like Kickstarter. The video highlights the significance of an elevator pitch and addresses concerns about idea theft, stressing that execution is key. It also underscores the importance of marketing over product quality, suggesting collaboration with marketing-savvy individuals for business success.

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4 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is an elevator pitch and why is it important for a business idea?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the concerns regarding someone stealing a business idea, and how can execution mitigate this?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How does Kickstarter function as a platform for testing business ideas?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

Why is marketing considered more important than the product itself in a business?

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