Resources:
1. Valuable experience in the customer service/training industry. This is extremely valuable for my business, it is not overly rare but also not super common, it is somewhat inimitable as many people can have this experience, and it is non-substitutable as it is necessary for the business.
2. I have many personal connections within the industry. This is very valuable, it is not very rare, it is very inimitable and it is definitely non-substitutable.
3. I have a strong passion driving me. This is highly valuable, the level of passion I have is rare in my opinion, it is no inimitable and it is definitely not substitutable.
4. I have training methods already developed from my previous job. This is very valuable, rare to already have, non inimitable, and not substituable.
5. I will have an education from the #7 public university (Go Gators) which I am currently working on. This is extremely valuable, rare, not inimitable, and definitely not substitutable.
6. I have a very good record of success in customer service training and references to back that up. This is very valuable, pretty rare, not very inimitable, and not substituable by anything.
7. I have connections that are prospects as employees in this business. This is pretty valuable when I start, somewhat rare, not inimitable, and not substitutable. You gotta have employees!
8. I have good credit to be able to get a startup loan. This is very valuable, moderately rare, not inimitable, and not substitutable unless I have the cash to start up on my own.
9. I have the support system of family and friends to help with starting the business and supporting me through the startup process. This is extremely valuable, rare, not inimitable, and definitely not substitutable.
10. I have a desire to own my own business and succeed that is beyond description. This is extremely valuable, very rare, not inimitable, and definitely not substitutable.
I believe my experience and passion are the most important two resources. I have extremely valuable experience that sets me apart and will be a major boost to my business. I also have a very strong passion for this area of business, which drives me and pushes me as I embark in this business.
Hey Robert,
ReplyDeleteI really enjoyed reading this blog post about your venture's unfair advantage.
I think that you did a really good job stating the resources that you already posses. Each of the resources that you listed were important to have for your business and they will make starting your business a lot more easy. You also did a great job explaining why each resource is important and valuable to have. Overall, You did an awesome job on this blog post.
Hello Robert, great post. You did a good job satisfying each requirement for the assignment. Personally, I like that you simply listed each resource and simply stated whether it was valuable, rare, inimitable, and non-substitutable or not. You stated that your most valuable resources were your experiences in the industry and your passion for the work which are very important to starting a business like this. Great work!
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ReplyDeleteHey Robert, you did a really good job with this post. I think that you organized your content really well and that you were able to meet all of the requirements of the assignment. I liked that a few of your resources come from the experience you are gaining from current or past jobs. All in all this was a very good post.
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