Mkt 421 Week 4 Video Analysis

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I. After read these video, there are few difference between them; the first video, it describes how to build up your mission statement form an entrepreneur’s point of view, and use the limited time to complete an inspiring and clear “mantra” of your company. In the contract, the second video build up the information and requirement for writing a mission statement from an old school way and it likes a lecture presentation to students.
To elaborating with this topic from the presenters part; first of all, their gender are different. Mr. Kawasaki, he use a directly and energetic way to express his opinions. And Dr. Reid use a prudent and teaching lecture way to present topic. Secondly, their backgrounds are different too; Mr. Kawasaki has a great professional career in sale and marketing. He learned a lot marketing skill to support his ideas on this. But Dr. Reid, who used to be a professor then change into a small business entrepreneur, small business start-up expert and business catalyst. Moreover, she found the “Alkamae” organization for helping woman to start-up small business.
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Mr. Kawasaki presented, let your product speak idea and conclude who is your main target population. From thinking as sale product to build up your ultimate business goal, making profits for your company. In other words, he thought the mission statement is significant to employees, a company should have a simple one to let employees to strongly believe and remember. For instance, he mentioned “Wendy’s” and “Nike” as examples to supports his opinion. Finally, he said you should use the economic way to start up your business, instead of spending million dollars to write a mission statement. I think his speech is more like shortcuts for those experiencer who has their own business

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