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Homework answers / question archive / Step 1 Watch and take notes during this video

Step 1 Watch and take notes during this video

Management

Step 1 Watch and take notes during this video.

Watch and take notes during the following Marie TV video. 

Decision making is tough. Are you being swayed by fear, intuition or a gut instinct? In this MarieTV episode, you’ll learn 4 simple tests to make the right decision, every time.

Decision Making: 4 Simple Tests To Help You Make The Right Decision (Links to an external site.)Decision Making: 4 Simple Tests To Help You Make The Right Decision

Step 2 Post the following.

Respond to the following and site your resources and put quotation marks around direct quotes to support your opinions.

  • In one paragraph, describe how you think the entrepreneur you are researching this week may have approached the four steps in the video.  Do you think they felt expansive or contracted?  What were their worst/best case scenarios?  Did they take a smaller step, using the "work it test" or did they dive in fully?
  • Touch on each of these four tests in your response:
    • Test #1 - Physical Test - Contracted or Expansive
    • Test #2 - Worst Case Scenario Test (WCS)
    • Test #3 - Best Case Scenarios Test (BCS)
    • Test #4 - The Work it Test

"Despite our fears, most decisions aren't permanent, most things you can stop, evolve or reverse"

Step 3 Read and respond to other students' posts.

Comment on the thoughts expressed by at least two other students. If differences of opinion occur, debate and support your viewpoint professionally, citing references and resources appropriately.

All Discussion Board Requirements:

  • Post a minimum of 3 posts per discussion, 1 initial response and 2 replies to a classmate
  • The first post must be made at least 2 days before the due date
  • The first post should be at least 100 words
  • Reply posts should be at least 25 words
  • Spell check, grammar check, proof read, use Netiquette
  • Include salutation to start replies (ie: "Hello John")
  • Use quotation marks around direct quotes and cite all resources
  • No late discussions are graded

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Test #1 – Based on the interviews I have watched this week with Glossier founder Emily Weiss, I’d say she definitely felt expansive at the possibility of building this brand. Even now when she talks about it, her body language indicates an excitement and forward momentum.

Test #2 – I’m sure Emily explored a worst-case scenario, but I’m not sure she ever really entertained the idea of it as a true possibility. In a 2017 interview at the Female Founders Conference in San Francisco, her response to the question of, “Did you ever think you wouldn’t make it?” was “Sure, there are a million things…but you just keep going, there’s no other option.”

Test #3 – She had the foresight to know that great things were possible for this product and her company. She may not have expected the 600% growth two years after launching, but she knew that great things were possible.

Test #4 – Emily definitely Worked It. Into the Gloss launched in 2010 as a beauty blog. She used this space as a community to understand what people truly want from their beauty brands and created a dialogue around something that was, up until that point, kind of a private endeavor. She used all the feedback from Into the Gloss to create Glossier as a direct-to-consumer product. She listens to what people have to say and uses their input to create products to reach the most consumers. Emily and Marie have similar mind sets in this aspect. Marie said "clarity comes from engagement not thought." and in that same 2017 interview, Emily "beauty is a great activator for women to connect with each other and share with each other and to really develop and hone a voice." Emily was already so focused on engaging with her customers through the blog.