23A-You Venture's unfair Advantage
The resources that I contribute to any of my business
venture rest highly in my amount of human capital. I think that the people that
surround me include my mother for graphic design, website building, and other
forms of marketing. My best friend is highly knowledgeable in Excel and
building computers as well as programming which I believe could serve useful on
the technology side of things. My wealthier mentor knows investors who might be
willing to support my product. An additional way I plan to run my business
which is more family oriented and that is the ability to have a loyal group of friends
who will commit to the vision because of the trust that we have built up over
years. I hope to have a place where people can speak their ideas but also understand
that it is okay to follow and not lead sometimes. An additional resource I believe
I have is the willingness to learn how to accumulate knowledge on producing my
product and the price for which I can do it.
I believe that all of my human capital has the same VRIN analysis.
All of the people are in my corner are hardworking, creative, and have
different talents that hard to rare and hard to imitate. I also think that I am
a hardworking person who will take risks and that is a value not commonly found.
I believe that my top recourse is my mother because in the
age of online shopping she is a master marketer and has a creative eye combined
with the know how to create a website, add, and even commercials. She would be
willing to lend her services while understanding that you cannot pay yourselves
when beginning a startup.

Hey Chris,
ReplyDeleteI think you did a great job at identifying your strengths and what sets you apart from the rest of the industry. You'll find a lot of success with those people on your side and if you continue to take risks and stay confident I don't see any reason your ideas couldn't come to life. Great work on this assignment.