Assignment 23A – Your Venture’s Unfair Advantage

Assignment 23A – Your Venture’s Unfair Advantage

List of Resources in My Venture

1.     I have many friends and acquaintance at the University of Florida.

·      VRIN Analysis: This is very valuable because I will be able to get my idea out to a lot of people, it is not very rare to have this, it is imitable, and there are some other resources that can provide the same benefit.

2.     I am involved with Greek life, so there are many people I can be put in contact with.

·      VRIN Analysis: This is very valuable because I have a huge market of people that study at the library, it is rare for some people to have this, it is not imitable, there are not many other resources that can provide this same benefit.

3.     I am a finance major, so I am very good with numbers.

·      VRIN Analysis: This is very valuable because I know the skills to run the finances of a business, it is rare for people to have this major, it is not imitable, and there are other resources that can provide this same benefit.

4.     I am extremely analytical and have a passion for retail. I want to have a future career in retail.

·      VRIN Analysis: This is very valuable because I am passionate about my business, it is not rare to have this, it is not imitable, and there are no other resources that can provide this same benefit.

5.     I am very creative and a great problem solver.

·      VRIN Analysis: This is very valuable because it is important to be creative and a great problem solver, it is rare to have this, it is not imitable, and there are no other resources that can provide this same benefit.

6.     I have great knowledge that the customer is always most important in any business.

·      VRIN Analysis: This is very valuable because it is centric to any business, it is not rare to know this, it is not imitable, and there are no other resources that can provide same benefit.

7.     I have access to my parents’ friends if I needed an investment for my idea.

·      VRIN Analysis: This is very valuable to grow the business, it is rare to have this, it is not imitable, and there are other resources that can provide this same benefit.

8.     I am very passionate and put all of my effort into any of my ideas.

·      VRIN Analysis: This is very valuable because I am passionate about my business, it is not rare to have this, it is not imitable, and there are no other resources that can provide this same benefit.

9.     When my business is created, there will be a lot of autonomy for the people that work for my business.

·      VRIN Analysis: This is very valuable because employees will like the environment, it is rare to have this, it is not imitable, and there are no other resources that can provide this same benefit.

10.  When my business is created, no idea will be considered too small and everyone will be happy to share their ideas and grow the business.

·      VRIN Analysis: This is very valuable because there will be a very nice environment to work in, it is rare to have this, it is not imitable, there are no other resources that can provide this same benefit.

Top Resource

I think my top resource is my tenth one that when my business is created, no idea will be considered too small and everyone will be happy to share their ideas and grow the business. I believe this is extremely important to my venture over my other resources because it will foster growth for my future company. I think is a resource for the long term success of my business and not the short term.