Friday, November 16, 2018

My Venture's Unfair Advantage

Resources
1. I am determined when it comes to things that are central to me.
V- Determination helps things get done
R- Many people care a lot about their own business
I- Determination has varying levels of how it can be copied
N- Nothing can replace a desire to take action

2. My father is an experienced salesman.
V- Can lead to avoiding making unnecessary mistakes
R- Very few people could get serious advice from him
I- There are other people with experience in sales
N- Experience is very unique to each person

3. I have the capability to get money to start this company.
V- Capital is the lifeblood of business
R- There are many ways to make money
I- See the above
N- Nothing can directly replace money itself

4. I am experienced in selling t-shirts.
V- Personal background experience leads to better decisions
R- Many people have sold t-shirts
I- The knowledge is easy to attain
N- Knowledge can attained through other methods

5. I am personally invested in this venture.
V- Investment means a person will work for the long term
R- Not all people are interested in the long term
I- Investment can only be copied to such an extent
N- There is no alternative to being invested in a venture

6. My culture will be perfect for this industry.
V- Everyone will love working there
R- Perfect is impossible to find
I- Perfect is unique to each situation
N- Culture is based on your workers environment

7. I am at a university that has many people to help me.
V- A university gives unique knowledge
R- There is only one UF
I- There are many other universities
N- Few institutions other than a university offer the same opportunities

8. My product has a unique spin on an already successful business.
V- Differentiation is huge to success
R- Making a god difference can be hard
I- This difference could be copied easily
N- The difference itself is quite unique

9. I have friends that could help me with the process.
V- People to help can get more work done
R- Workers are easy to attain
I- Workers are easy to copy
N- Workers can be replaced easily

10. I am well informed in what needs to be done for this business.
V- Knowing your business is imperative for deciding what to do
R- This information is not hard to come by
I- Knowledge can be found out and learned
N- You can not alter knowledge

Best resource is: my perfect culture.
If I could have every person working in business happy and stoked to come to work then I could do more than any other business has. 


1 comment:

  1. David,

    I found myself relating to a lot of your personal abilities that allow for your business to have an advantage over others. I like how you included the university as part of your advantages as I also included both UF and this class specifically as I feel they prepare you in ways other schools and classes can't. I like your idea of a perfect culture being your best resource and I think that would be a great benefit to your business if you so wish.

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