Is there any business that has no competitors

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Week 2 DQ 1

Peter 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?

Week 2 DQ 2

Is there any business that has no competitors?

If your business is so attractive, why aren't others already in it?

Reference no: EM131001609

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