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. 

Comments

  1. Hi Jess,

    This 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.

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  2. Hi Jess,

    It 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!

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  3. Hi Jess,

    You 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.

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