Wednesday, November 2, 2011

Elevator Pitch Competition

I have pitched my business idea in a type of business competition called an Elevator Pitch Competition, and I'm pleased to report I made it to the top 10 in my category - making me a semifinalist.

All semifinalists are invited to the finale event, but only the top 2 from each category are actually official Finalists who will compete again in tonight's finale.

I have to say that this whole event is definitely not run with an engineer's touch. To wit:

- all semifinalists have to show up to the finale, even though 48 out of 60 are wasting their time (inefficient)
- the 12 who DO compete as finalists don't know they are the finalists until their name is called (unnecessary suspense and stress)
- you have to check in to this event an hour before it starts, otherwise you are disqualified
- you have to have an official wristband
- your teammates are not guaranteed a seat
- if you ARE called up as a finalist, you have to sit in a designated chair on the front of the stage for the entire duration of the event (and it's long - two hours)

Now I realize the point of this event is not to be efficient and low stress - in fact I'm sure it's entirely the opposite. But it all irritates my libertarian sensibilities - unnecessary production and hoopla, that adds no value. But I have my best attitude on tonight, because I know my idea rocks, I present well, and I have a decent shot of winning some money.

It's much easier to have a good attitude when there's possible money on the line. :)

But I'm here now, waiting to check in at this ridiculous early hour, and I have to tell you - there is a red carpet. There are photographers. There is a designated paparazzi area with a branded (logo-ed?) background where important people will shake hands and the momentous occasion will be captured.

SO out of my element... where is my sister (the family's charismatic camera darling) for this sort of thing...? :)


3 comments:

  1. Good luck! One of the things I like best about your entrepreneurship style is that you only support things that you believe have true merit - i.e. you don't BS your way through things. Your ideas stand on their own two feet, and that says a lot. For the record, the family's camera darling is getting stressed just reading about the event! As much as she loves the camera, she doesn't deal well with high amounts of suspense... So bottom line, better you than me!

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  2. Hope all went well - but this is not inefficient, even if it is total crap, this is how the world of engineering actually works. Like most human endevours.

    See Dave Jones (eevblog) episode on 'new engineers'

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