Chapter 111: Victory in the First Battle
Tonight's game is divided into three rounds, each of which is a knockout system, and the teams that do not win the championship are no longer ranked, and there is no additional prize money, so the whole game is very brutal, fully embodying the bloody characteristics of the winner-takes-all and winner-takes-all in the modern business world.
The first round is the team's self-presentation, in which the entrepreneurial team shows the advantages and characteristics of their project to the audience, which can be introduced from various aspects such as technical analysis, market prospects, risk analysis, business strategy, financial analysis, and marketing strategy. The focus is on impressing the audience in just five minutes.
Because after the introduction of this team, the audience judges will vote directly, and decide whether each entrepreneurial team will leave or stay according to the vote, and the bottom three of the audience votes will be eliminated directly.
The second round is the expert defense, in the last round of the remaining entrepreneurial team, will face a variety of questions from the 7 professional judges on the field, answered within five minutes, when all the teams have completed the defense, the professional judges vote according to the contestants' defense, each judge chooses the three teams that can stay on the spot, after summarizing the number of votes, the last four entrepreneurial teams are directly eliminated, leaving only three teams to enter the final round.
The third round is the free debate finals, in which the remaining three entrepreneurial teams conduct a fifteen-minute free questioning debate with each other, which requires the contestants to find out the loopholes and shortcomings of each other's projects from technology, market, business model, marketing and other aspects, so that the audience and professional judges believe that only their own projects are the best projects.
When the free debate is over, the professional judges and the audience judges vote separately, and the votes of the two are converted into points in proportion, and then the two scores are directly weighted to calculate the final score, and the winner with the highest score becomes the winner of the million-dollar championship that night.
I have to say that such a competition arrangement will be full of drama and chance, and it is completely a concentrated test of the comprehensive quality of entrepreneurial team members in all aspects. While there may be good projects that fail due to a lack of team sales skills.
Of course, for the audience, such an arrangement is interesting, otherwise it is just more than technology and who makes more money now, then there is no need to engage in this competition at all.
It is this kind of arrangement, which is full of accidents, in the face of the uncertainty of the audience and the double test of the professional judges, that can investigate to the greatest extent whether the entrepreneurial team can stand out in the face of this extreme competition pressure, so as to get closer to the cruel market itself to the greatest extent.
This arrangement is equivalent to putting the entrepreneurial team into the melting pot of the market in advance in just two hours for some training, and the project that can break through in this situation should be relatively strong both the project itself and the entrepreneurial team.
As the clock ticked by, watching the countdown to the last minute on the big screen, Duke's mood became more and more nervous, and his heart seemed to rise to his throat. Not only was the sweat already in the palms of my hands, but the vests also felt a little wet.
Is this about to begin? Watching the countdown on the big screen turn to zero, the host picked up the microphone to announce the start of the game, at this moment, a buzz Duke's mind was already blank with nervousness, only to see the host's mouth constantly turning, but what he said couldn't be heard at all, as if the two ears were deaf, and the smile forced out of his face was as weird as stiff.
Shu Ya and Suzanne next to them are as calm as an ancient well, the two of them have been very good since they were children, and they don't know how many similar scenes like this have been experienced, so some excitement is inevitable, and it is really not enough to be nervous, so there is still time to observe Duke's performance at this moment.
Seeing that Duke was so nervous, the two of them secretly pinched Duke's thigh with their hands under the table at the same time. I don't know why, the two of them are not light, Duke immediately felt a hot pain in both thighs, and almost couldn't help but scream.
Fortunately, he also knew that he was now facing the camera with hundreds of millions of viewers, so he had to endure the pain and not scream, and even the painful expression on his face was fleeting.
But the pain together, being tossed by the two beauties, unconsciously Duke's nervous psychology has dissipated most of it, and the voice of the host on the stage began to reach his ears clearly.
The entrepreneurial team's self-statement is arranged in the order of the preliminary ranking, and Duke's brainwave product development entrepreneurial team ranks fifth, so it will be Duke and their turn after the first four entrepreneurial teams have finished their presentations.
The first biochip testing entrepreneurial team focused on the advanced nature of its own technology and its significance to mankind, and expounded the significance and value of its own project. Obviously, the main members of this team are all from technical backgrounds, and the content of the display is relatively esoteric and obscure, and ordinary people can't understand it at all, but for the sake of this thing, which is said to be able to quickly and easily detect common cancers, the audience still gave some applause and support.
In contrast, the second e-commerce start-up team is much stronger in marketing, a very interesting PPT animation will show the company's e-commerce characteristics clearly, plus it now has millions of registered customers and hundreds of millions of dollars in sales, the applause of the audience is much warmer.
Soon, the first four projects were presented, and it was the turn of the Duke team to speak.
According to everyone's prior arrangement, this round of speeches was completed by Susanna. After all, Suzanne is better than everyone on the team in this regard, and being able to serve as an anchor on MIT campus TV is certainly not an idle person.
Gray and boring life, and colorful vibrant life, Jack has two completely different clips before and after owning the brainwave product, intuitively and strongly showing the meaning and use of the brainwave product to the audience.
The first 80,000 sets were killed by enthusiasts, the number of reservations exceeded 400,000 in three days, 260,000 sets were delivered in two months, and the gross profit from sales exceeded 50 million US dollars in two months.
What could be more convincing than a real number? Not only was the audience shocked by Susanna's statement, but the judges from venture capital funds on the stage showed great interest and carefully recorded the data provided by Susanna.
A goose that lays golden eggs has appeared, and to them it is like a shark that smells fishy, and they have secretly made MI the target of their next batch of attention.
PS: Strongly ask for collection, red ticket!