Pitch Meeting: Solar Energy

Originally Published: October 8, 2019

This is a new concept that I’ve had wherein I’ll try and appeal best I can to the corporate side of things and showcase the pros of adopting new, better technologies and practices.

For the inaugural episode, I will be appealing to Olin S. Enterprises in a

Pitch Meeting:

Solar Energy

So here’s the deal: Olin S. Enterprises currently has coal-powered energy plants in the Midwest. My goal here is to get them to switch from those to a solar farm in the Las Vegas, Nevada or Phoenix, Arizona areas.

We already know the pros of using solar over coal, as it’s much better for the environment, but I’ll be focusing on its pros for energy companies, such as the branch of Olin S. Enterprises.

Let us begin.

Greetings, Olin S. Enterprises stockholders. I am here to pitch a new idea for the energy production side of our business.

As you all may know, with current world events and rising companies such as Tesla, people are beginning to become more worried about energy production, specifically how that energy is produced. So as such, I would like to bring up the idea that the adoption of new forms of energy production may be beneficial to not only the public at large but our bottom line as well.

My pitch today is: We may want to consider phasing out our coal plants in the Midwest and rather invest in the creation of large solar farms in the deserts of the Southwest.

Now, why would this be advantageous for us? After all, the construction of a new solar farm would require a large upfront cost. Well, if we were to purchase large lots of land in the Las Vegas or Phoenix areas and then construct solar farms on them, I believe we may end up with fewer expenses in the long run.

You see, currently, we must not only produce and sell the energy from our plants, but we must also purchase the coal, perform maintenance on the plants, pay for transportation of coal and pay the salaries of every employee in each plant.

Specifically, I believe that we may be able to eliminate the costs of purchasing and transporting coal. A very large expense.

If we instead built solar plants in the Southwest, then we must only pay the salaries of the employees and the maintenance on the solar panels, which will be needed less frequently.

As for the old coal plants, they won’t just be a dead investment. We can lease either the buildings or remove the buildings and lease the land to other industrial ventures.

We will also gain good press from this move, as many media outlets would want to pull people in with the headline Energy company goes solar! And with that good press, we will be a more popular choice, expanding our revenue while lowering expenses.

And, we can simply low ball the nearest competitor’s energy prices by a small amount, making us a more attractive option, while not sacrificing notable profits.

And now, my most important point is: If we fail to evolve with the energy trends, and are not among the first to adopt new technologies, then we will easily go the way of Department Stores and other stagnate enterprises before us. As history has proven, the lack of evolution with the trends will likely lead to us being left behind and, as was the fate of previous enterprises, we may very well cease to exist.

So I implore you to make this investment and not only secure greater profits at lower expenses but also secure future security for the company and all who invest in it.

This was an idea I had a while back, wherein I figured that just saying “They should do it because it’s good” may not be very effective. Rather, an argument that can be made using what they value, profits, secure investment, market share, may be more effective if we were to be able to pitch them an idea.