Angela’s A3
Hello Everyone,
Following you can see my Elevator and Venture Pitch.
Angela’s Elevator Pitch
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You can access to my Venture Pitch here
Posted in: Week 13: Venture Forum
Juliana 9:29 pm on November 28, 2011 Permalink | Log in to Reply
Hi Angela,
You beat me to it! I had an idea like this previously, but I didn’t take the time to develop it. You did a great job and I think there is a good market for this. Even here I think teachers can benefit from services such as these, but I think the barriers will be who will pay for the services. That was something I wasn’t clear on in your presentation…who will be expected to be paying for the services? Is it the teachers themselves or the administrators above them?
There were also a few sections of the presentation where the slide transitions were off making it difficult to follow, but you make up for it in your elevator pitch, which was great! I really enjoyed the elevator pitch in that it was catchy and drew my interest.
Juliana.
Angela Novoa 1:09 pm on November 29, 2011 Permalink | Log in to Reply
Hi Juliana! Thanks for your comments! About some things that wren’t clear, you are right, and I did not realize it before. I expect that school administrators pay for these courses. That is how I work in the coaching services that I had offered (the school pays me for training their teachers).
Angela.
Juliana 5:55 pm on December 1, 2011 Permalink | Log in to Reply
That is such a great service! I don’t think we have anything similar to that here in BC. I think many teachers would love such assistance.
Juliana.
jenaca 2:02 am on November 29, 2011 Permalink | Log in to Reply
Hi Angela,
Great pitch and idea! I agree with Juliana and definitely think there is a market for this product. I am also a little confused about who will be paying for these services, I am assuming the administrators?
Also, I think the music was a little distracting for me. However, I think you have a really great idea and definitely had me engaged!
Jenaca
Angela Novoa 1:11 pm on November 29, 2011 Permalink | Log in to Reply
Hi Jenaca,
Thanks for the feedback. It is really useful as I wish to create this venture in the future. About your doubts, please refer to the response I provided to Juliana.
Cheers,
Angela.
Deb Giesbrecht 5:19 pm on November 29, 2011 Permalink | Log in to Reply
Angela,
Loved your elevator pitch! Excellent graphics, great music and a strategic concept for a venture. It looked like it was professionally done and made me go right into your venture pitch. I think you have identified a significant gap in the market and some valuable solutions to accompany it. Time and planning are in such short supply now – for everyone – so the market is quite realistic and expanse. Excellent job!
Angela Novoa 5:38 pm on November 29, 2011 Permalink | Log in to Reply
Thanks for your comments Deb! Much appreciated.
Angela.
bcourey 5:46 pm on November 29, 2011 Permalink | Log in to Reply
Angela,
I agree with the others – this was well done, and thanks for describing the experience faced by teachers in Chile – I didn’t know about the competency requirement for IT – wish we had that in Ontario!! You have done a great deal of planning – your details are clear, except as other have said, who is the buyer of your service…but I see by your reply what you intended. Your price point is very reasonable as well – the competency requirement is a great motivator for teachers to take advantage of your service.
Brenda
hall 5:59 pm on November 29, 2011 Permalink | Log in to Reply
Angela,
I concur with the others that your elevator pitch was professionally done. The graphics selection and sequencing slides were good. I really like it. In addition I think that this product is a good market venture and has the potential to attract a lot of users. I know that Jamaica’s educators would definitely like a product of this nature. Well done.
Conroy
schiong 11:07 pm on November 29, 2011 Permalink | Log in to Reply
Hi Angela,
I like the presentation.
Is my understanding correct … that what you are offering is a service ?
Assuming that your team is offering services, how do you protect your market?
Is there something only your team can provide ?
does your team get monthly salary or is it commission basis? I would like to have an idea of your operational costs.
If a company invests, say $1M, how and when would they get their return of investment?
cheers,
Stephen
Angela Novoa 11:11 am on November 30, 2011 Permalink | Log in to Reply
Hi Stephen… thanks for your comments. About your queries…mmm…rough questions… but I will try to answer them:
About the first and second: I am offering a service and what differentiates my service from other competitors is that I offer coaching services both in technological innovation and application of theory in instruction (PBA pedagogy and Social Constructivism). Maybe I did not stated clearly this (even I thought I did). Today that would protect my service, because in Chile there are few people specialized in both fields and all of them are working with me.
About your third question: As this is still a venture that we are thinking on we have not defined if it will be monthly salary or commission based. I have seen from other coaching companies in Chile that they usually base in a low monthly salary and a commission, depending on the number of projects they reach per year.
If the venture succeeds and reaches a fair amount of schools to train, I think that the investors would get their return of investment after the first year of running.
Hope to have answered your queries.
Angela.
carmen 1:58 pm on November 30, 2011 Permalink | Log in to Reply
Hi Angela,
Your venture is a great idea, as teacher training is one of the biggest hurdles to tech integration in schools. We believe that technology can help us do more with less.. but we first have to learn to use it first! I wonder if your target market is the individual schools (K12 and higher education?) or the public school districts. For public schools, there are “Professional Development” days, which happens a few times a year in our district, where teachers share their knowledge through workshops. However, we are rarely given collaboration time throughout the year to help each other out. Having a tech-mentor would be awesome! 🙂
carmen
Angela Novoa 11:24 am on December 1, 2011 Permalink | Log in to Reply
Hi Carmen,
Thanks for your comments! I intentionally did not explain this because Chilean education system is different from the system of North America. So the “public schools districts” criteria would not apply. But I am targeting to public and private educational institutions. The timing of implementing the projects takes place during the academic year and last about 1-2 months. Trainers are able to visit the classroom and think on designing an activity that meets the needs of that classroom. When the trainer come up with an idea, he/she will assist the teacher and students in the management of the technology that will be applied. So, everything happens in the classroom and in the hours devoted for non teaching curricular activities. The innovative thing of this service is that the teacher is assisted both in technology and theory by an expert in both fields. The teacher is being accompanied by a mentor during the time-frame of implementation of the project. As here in Chile we are few who have been preparing in the field of technology and education, we have to start with few costumers. But I think that by having 9 costumers (1 per month) by year we could be receiving incomes and try to expand.
Cheers,
Angela.
Keisha Edwards-Hamilton 8:23 pm on November 30, 2011 Permalink | Log in to Reply
Hi Angela
I like your value proposition. You have done a great job with the presentation. Your pitch highlighted the pain point and solution clearly. Competitors were identified which is good. You also mentioned a differentiation strategy where you would offer pedagogical support, but you did not state “how”. I think this would make the venture more appealing since this is a factor that would make me invest in your venture over another. I would also love to hear some more about how the concept work. I was not quite sure of the target market. I think this needs to be clearly identified. Based on the cost, it seems that this venture is poised for success, however I would need some ideas in terms of timeline for returns on investment if I decide to invest. Again, your venture preposition is good and is worth pursuing.
Keisha
Angela Novoa 11:29 am on December 1, 2011 Permalink | Log in to Reply
Hi Keisha, thanks for your great feedback! Much appreciated.
About your queries I think that the response is on the answer I gave to Carmen (please refer to the message above).
Cheers,
Angela.
themusicwoman 9:48 pm on December 3, 2011 Permalink | Log in to Reply
Dear Angela,
I am really impressed with your elevator pitch. Well done. Catchy. To the point. 🙂
I will not reiterate all the comments that have been previously made but I will say that I agree in that this is a great service . . . and one that would find a niche not just in the Chilean school system. Hats off to you for a great presentation.
Michelle
Angela Novoa 3:17 am on December 5, 2011 Permalink | Log in to Reply
Thanks for your comments Michelle! 🙂 Much apprecieated.
Cheers,
Angela.