The Apprentice 6 Episode 2 - Swimsuit Fashion Show
Monday, January 15th, 2007Well, this is the second week in a row that Donald hasn’t given a weekly business tip. I am starting to wonder if those are a thing of the past.
This week each team’s task was to design 3 men’s swimsuits and 3 women’s swimsuits for a fashion show. The team that made the most from orders of their swimsuits would win, but there was a new twist…
The winning team doesn’t compete in next week’s competition!
It was fairly obvious early on that Carey’s swimsuit design was a make or break design, and I was fairly sure it would be a “break” design. Sure enough, they lost again– this time because of the horrible design of Carey’s swimsuit. I really thought that the project leader (Nicole) should have recognized how horrible it was. In fact, I probably would have fired both Nicole and Carey, but that’s just me.
While there are many lessons from this episode, the two main lessons I got were:
1. If you are trying to sell to a mass market, make a product that will appeal to the masses. The losing team made a product that only 1 percent of the population “might” be interested in buying. That just didn’t cut it. If you are going after a niche market, then you have to target that niche. But if you only have six products, and you’re targeting a mass market, then you can’t afford to “waste” one of your product choices on a niche market.
2. If you are running a business, don’t let someone else push a bad idea down your throat.
There were several people who were unsure of Carey’s idea, but he pushed the idea hard. You can’t let that happen in business, unless you want to fail. Don’t mistake a passionate idea for a good idea. Know your market research and stick to it, no matter how excited someone might be about their pet project.