{"id":2228,"date":"2009-09-20T11:09:46","date_gmt":"2009-09-20T19:09:46","guid":{"rendered":"https:\/\/blogs.ubc.ca\/etec522sept09\/?p=2228"},"modified":"2009-09-20T11:09:46","modified_gmt":"2009-09-20T19:09:46","slug":"rru-pitch","status":"publish","type":"post","link":"https:\/\/blogs.ubc.ca\/etec522sept09\/2009\/09\/20\/rru-pitch\/","title":{"rendered":"RRU Pitch"},"content":{"rendered":"<p>Royal Roads Pitch<\/p>\n<p>Much has been said about the RRU pitch by Burgess. Here are my thoughts and impressions. I apologize for any repeats. I used the basic bullets a few of you used:<\/p>\n<ul>\n<li>CEO Credibility \u2013 Does this      person exude capability and convey confidence that they will achieve      success against all obstacles?\n<ul>\n<li>The speaker provides       a brief history, and a detailed presentation with many visuals       however I do not feel a sense of credibility or confidence within the       speaker. With a pitch I want to be sold. Within the first minute of a ten       minute pitch I should be hooked. This presentation wanted me to skip       forward. More credibility and a \u201chook\u201d other than nice pictures would       boost effectiveness in my opinion.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li>Management Team \u2013 Have they      assembled a stellar team along with the other human and material resources      required for success\n<ul>\n<li>It was mentioned that       there were qualified individuals and a team. Time was spent on this yet in the end , I still wasn\u2019t \u201chooked\u201d.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li>Business Model \u2013 Is this      feasible? \u2013 have they done their homework? \u2013 are their arguments and      information accurate and compelling?\n<ul>\n<li>Burgess and her team       have demonstrated that they have done their research and are well       informed about the area. They have spent a great deal of time examining       MIT.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li>Competitive Products \u2013 What      is a realistic market size, market share and selling price that these      products or services can capture in a very competitive world?\n<ul>\n<li>With the online       market and the ever-changing dynamics of technology it is difficult to       confirm a market size and share.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li>Market Readiness \u2013 How long      and difficult is their critical path to success?\n<ul>\n<li>It will take time,       and focus on building reputation and relationships in order to build and       create market readiness\/success. I would say up to 4-5 years.       Unfortunately plenty can change in this time too politically,       technologically, and also with staffing. The ability to adapt will be       necessary.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li>Technical Innovation \u2013 Do      they have an edge, and can they keep it?\n<ul>\n<li>RRU has an existing       positive reputation that can be used to support new initiatives .       Together with retaining the project leaders and enthusiasm they may be       able to maintain this as an edge.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li>Exit Strategy \u2013 Do they      really know what success looks like \u2013 is their destination clear.\n<ul>\n<li> I would argue that rather than looking       for the \u201cfinal\u201d picture of \u201csuccess\u201d is not as important as the smaller       indicators of success. Establishing staged indicators allows for ongoing       reflection, improvement, and also a means to promote any success areas       along the way.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li>Overall Investment Status \u2013      Am I going to risk my investment capital on this proposition?\n<ul>\n<li>From just viewing       this video a couple times I am going against the post of a few of you in       the course and say no I would not risk a cent. It is well researched has       potential and I agree with much of it, but I am not sold in a way that I would invest. In my opinion they need to work on the       presentation of their pitch much more.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Royal Roads Pitch Much has been said about the RRU pitch by Burgess. Here are my thoughts and impressions. I apologize for any repeats. I used the basic bullets a few of you used: CEO Credibility \u2013 Does this person exude capability and convey confidence that they will achieve success against all obstacles? The speaker [&hellip;]<\/p>\n","protected":false},"author":118,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[153],"tags":[5184,5511],"class_list":["post-2228","post","type-post","status-publish","format-standard","hentry","category-mod02business-bootcamp","tag-dixon","tag-rru"],"_links":{"self":[{"href":"https:\/\/blogs.ubc.ca\/etec522sept09\/wp-json\/wp\/v2\/posts\/2228","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.ubc.ca\/etec522sept09\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.ubc.ca\/etec522sept09\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.ubc.ca\/etec522sept09\/wp-json\/wp\/v2\/users\/118"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.ubc.ca\/etec522sept09\/wp-json\/wp\/v2\/comments?post=2228"}],"version-history":[{"count":3,"href":"https:\/\/blogs.ubc.ca\/etec522sept09\/wp-json\/wp\/v2\/posts\/2228\/revisions"}],"predecessor-version":[{"id":2231,"href":"https:\/\/blogs.ubc.ca\/etec522sept09\/wp-json\/wp\/v2\/posts\/2228\/revisions\/2231"}],"wp:attachment":[{"href":"https:\/\/blogs.ubc.ca\/etec522sept09\/wp-json\/wp\/v2\/media?parent=2228"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.ubc.ca\/etec522sept09\/wp-json\/wp\/v2\/categories?post=2228"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.ubc.ca\/etec522sept09\/wp-json\/wp\/v2\/tags?post=2228"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}