23 A Your Venture's Unfair Advantage
What Makes Me So Special?
- Creative
- V : very valuable because it reflect the uniqueness of product
- R : not rare, our society is pretty forward thinking
- I: not that inimitable because individuals think differently
- N : not applicable
- Passionate
- V : valuable because it reflects how the outcome of your product
- R : rare, people tend to not know their "why"
- I : Kind of inimitable because people are attracted to people with a vision
- N : not applicable, its a personal choice
- Communicative
- V : valuable because it helps with networking
- R : not rare, networking is important nowadays
- I : inimitable, because it can be a developed skilled
- N : not applicable
- Business student
- V : valuable because it shows that you are knowledge
- R : not really rare because many people are purchasing a business degree nowadays
- I : kinda inimitable because it requires a college degree
- N : substitutable with public relation students
- Involvement
- V: valuable because it reflects experience
- R :not really rare because UF offers over 1000 organizations for students to get involved in
- I: inimitable because UF encourages students to get involved
- N : not really substitutable with anything, involvement is pretty broad
- Internship Experience
- V: valuable because it sets you apart from other individuals. You can gain a lot of real life experiences from an internship
- R: rare because not every person gets an opportunity to intern
- I : kind of inimitable because of networking opportunities
- N: substitutable with involvement because you can learn a lot from an organization as well.
- Entrepreneurship class
- V : valuable because we spend weeks learning about the entrepreneurship world. The class is the foot in the door
- R : rare because not every student takes advantage of this opportunity
- I : kind of inimitable because someone can advise another to take the class
- N : substitutable with other business classes like marketing and management.
- Finance major
- V : valuable because you have to actually get a degree from this
- R: rare because finance is a tough course, not everyone makes it through
- I : not really inimitable unless you have the degree
- N: substitutable with maybe accounting majors
- Support
- V : valuable because funds have to come from somewhere. Also, it is encouraging to have other support your vision. It keeps you motivated
- R : not really rare because networking makes it possible
- I : not really applicable for this.
- N : not applicable.
- Innovative
- V : valuable because it sets you apart from others
- R : rare because our society is very innovative nowadays
- I : inimitable in the sense that individuals are continually thinking about the future and ways to improve lives
- N : not applicable
I think the most important resource in my venture is my finance major. I feel that a lot of the resources in my venture are common except being a finance major because not everyone can be one. I have to go through four years of college to receive that degree. I think knowing how to efficiently deal with the finances of a company or how to even finance the product is important skill to have as an entrepreneur.
Hi Jess,
ReplyDeleteThis was a well put together list of your resources. I think that with this collection of resources, you can be successful in whatever entrepreneurial endeavor you want. Being a finance major will be very beneficial because it offers you a unique perspective on how a business works, and a business will never be successful if it doesn't manage its money well.
Hi Jess,
ReplyDeleteIt sounds like you have a great set of resources! All of these resources will be very helpful in your business venture and will prove to be helpful in other ventures as well! I agree that using your finance major as a top resource would be essential to making your product successful. Finances are a huge part in making a company successful. Great job!
Hi Jess,
ReplyDeleteYou made a great list of ventures for your product. I think this list portrays your experience and personality traits that will push you towards success in your product. You have a great product and I think some of the things you mentioned like being passionate, your involvement, and your education in finance and business will benefit you greatly.