Friday, April 5, 2019

23A – Your Venture’s Unfair Advantage


1. Motivation
V - Very valuable because it is what drives me
R - Very rare, not many people have it
I - Almost impossible to imitate
N - Not can be substituted for this

2. Money
V - Very valuable because without it, nothing would be made
R - Not rare at all, there are many ways to obtain money
I - People can imitate it, but there is a risk of going to jail
N - It can be substituted. People can offer there resources and services in exchange for not paying money.

3. Human Capital
V - Very valuable
R - Not rare
I - Cannot be imitated
N - Can be substituted with money

4. Teamwork
V - Very valuable, teamwork makes the dream work
R - Not rare, every company has teamwork
I - Can't be imitated! Very important
N - Can be substituted with machines and AI

5. Car
V - Very valuable, cannot go to work meetings without them
R - Not rare
I - Can't be imitated
N - Can be substituted by like a scooter, bike, etc

6. Experience
V - Very valuable
R- Rare, it is hard to come by
I - Can be imitated by watching videos or reading a book
N - Nothing can substitute it

7. Creativity
V - Very valuable
R - Very Rare
I - Cannot be imitated
N - Cannot be substituted

8. UF Education
V - Very valuable
R - Not many people can get in
I - Cannot be imitated
N - Can be substituted by watching StudyEdge

9. Leadership
V - Very valuable
R - Rare
I - Cannot be imitated
N - Cannot be substituted

10. Hard Work
V - Very valuable
R - Rare
I - Cannot be imitated
N - Cannot be substituted

I believe motivation is my top resource because it is what drives me to keep going and never give up. Because of motivation, I am able to get this gym app done.

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