Tuesday, July 14, 2020

23A- Your Venture’s Unfair Advantage

1.)   Fresh organic jellies 
a.     Valuable: Yes, it makes the sandwiches taste fresher.
b.     Rare: Yes, to an extent.
c.     Imitable: Yes, it is easily Imitable
d.     Non-substitutable: Not Substitutable


2.)   A place with a homey feels
a.     Valuable: Yes, makes people feel safe and at home while away.
b.     Rare: Yes
c.     Imitable: Yes, it can be.
d.     Non-substitutable: Not Substitutable


3.)   UF business degree
a.     Valuable: Yes, UF is a great school and a degree from here goes far.
b.     Rare: No
c.     Imitable: Yes, very easily.
d.     Non-substitutable: Not Substitutable


4.)   Experience with Freelance
a.     Valuable: Yes, it gives me an upper advantage over other people.
b.     Rare: To an extent
c.     Imitable: Yes, very easily.
d.     Non-substitutable: Not Substitutable

5.)   Worked in a sandwich shop
a.     Valuable: Yes, for my business it is very valuable.
b.     Rare: No, it is not rare.
c.     Imitable: Yes, it is easily imitable.
d.     Non-substitutable: Not Substitutable


6.)   Tech-Savvy
a.     Valuable: Yes, especially in today’s age.
b.     Rare: No 
c.     Imitable: Yes, very easily.
d.     Non-substitutable: Not Substitutable


7.)   Ambitious 
a.     Valuable: Yes this how big projects get done and being able to tackle the biggest tasks.
b.     Rare: In my opinion, I believe it is. I believe only a few people have it.
c.     Imitable: It’s a skill that you are kind of born with and it’s not easily Imitable.
d.     Non-substitutable: Not Substitutable


8.)   Handle Failure
a.     Valuable: Yes, this way you can always move on easily.
b.     Rare: Yes, because a lot of people break under pressure and quit.
c.     Imitable: Yes, easily they just need the drive.
d.     Non-substitutable: Not Substitutable


9.)   No Debt
a.     Valuable: Yes it’ll be easier to get started without debt.
b.     Rare: In today’s age it is pretty rare.
c.     Imitable: Yes it can be easily imitable
d.     Non-substitutable: Not Substitutable


10.)                  Customer Service Experience 
a.     Valuable: This is very valuable in any business.
b.     Rare: No every business has some sort of customer service.
c.     Imitable: Yes but will hard since I have unmatched service.
d.     Non-substitutable: Not Substitutable



1 comment:

  1. Hey Cameron!

    Your list of resources looks like everything you need to get started! You said that most of your resources are rare, which I think is a good thing since that will make your business venture that much more unique, which will make it stand out from competition. You also said that a lot of your resources are imitable however you listed skills that seems like it will keep you ahead of competition! Good luck

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