1. I have experience in dealing with students because I am a student myself.
VRIN: I understand how students think and what their needs are better than most because those same needs I have. Other people do have this same attribute though. But this is valuable.
2. I understand how Gainesville transportation works through my 3 years of living here.
VRIN: Because I constantly use the local busing and travel services offered here I know what students miss out on or what they find difficult while using these services. This allows me to implement means of solving their issues. This is valuable.
3. I have already discussed my idea with numerous college students and workers of local grocery stores.
VRIN: This allows me to strategically plan out how I want to implement my idea and what I need to change in order to fit exactly what my target audience wants. This is valuable, rare, but is imitable.
4. I already have a network of students that could advertise my idea through Greek life because I am in a fraternity.
VRIN: This is inimitable, rare, and valuable. Because of this I have a means to start immediately and get my venture to people very quickly because Greek life runs or is a part of a lot of the major organizations on campus.
5. I understand how smart phone applications work and how to target my audience on them.
VRIN: This is valuable. Since I understand how they work and how to advertise I on them I can easily create an application that allows customers to submit orders efficiently through a smartphone application.
6. I have a group of friends who know how to make applications.
VRIN: This is valuable, rare, inimitable, and does not have a substitute. Having a group of friends who can easily put together an application for my idea would allow me to get ahead of other services that offer similar functions. The human capital they provide cannot be found elsewhere.
7. I know how often people use the busing system and other means of public transportation.
VRIN: This is valuable. Because of the transloc application for the local busing system I know how long it takes for a bus to get from point A to point B and I know how many people use the bus. This can be used to understand peoples characteristics when it comes to transportation.
8. I have strong people skills because of constantly being around a lot of different types of people.
VRIN: This is valuable and does not have a substitute. Because of my fraternity I have learned how to talk with many different types of people. My venture hits a large range of people and so I need to be able to communicate with them in order to build relationships and grow the business.
9. I understand how to run a company from a managing standpoint.
VRIN: This is valuable and does not have a substitute. My background in economics has allowed me to study and understand finance and financial statements which are the back bone to any company. In order to run a company well you have to understand how these function.
10. I have a firm understanding of what to do to start a company/idea.
VRIN: This is valuable and does not have a substitute. From this class I have learned what it takes to start a venture and the dos and don'ts of what a business requires.
My top resource is my group of friends that I can use as a network to help start my business, create my application, and to advertise my idea. They would allow me to get a head start right out of the box and would provide support when I needed it.
I think you did a really good job on this blog post. You had a ton of resources that I would never have thought to add to mine. Greek life is a huge part of my life that I would not have thought of as a resource until I saw your blog post. A lot of my resources had to do with my personality, like passionate or blunt. You can read my blog post at: It is good that you're driven. I wish that you were driven enough to finish this blog post though. I found it kind of difficult to really figure out what my resources really were. And it was also hard to explain why they were rare or valuable sometimes. Otherwise, I did finish it. You can see my blog post at: http://saraheverts.blogspot.com/2016/03/my-unfair-advantage.html
ReplyDelete