2. Knowledge about football and attending football games
3. Being a college student
4. Experience working in business
5. Family and friends around me that have knowledge running a business
6. Friend that works in UF ticket office
7. Good communication skills
8. Good analytical skills
9. Experience with public speaking
10. Great at problem solving
VRIN:
Valuable: Valuable because there is no service for virtual student football tickets right now.
Rare: Not very rare, just no one has jumped on the opportunity now.
Inimitable: It is able to be imitated, but by signing contracts can give all the business to me.
Non-substitutable- There are no substitutes for this service right now because no one is providing the service.
I think my most valuable resource is the ability to be good at solving problems and thinking outside the box. Problems are always going to arise and being able to solve them as quickly and effective as possible is ideal. I feel that I am persistent when faced with a problem and I am able to come up with creative ways to solve that problem.
Hello Tyler. Your reasoning of describing your advantages was interesting to read. I haven't even noticed some of your selections are some that I probably would've written down. I agree that communication skills are very important. In addition, solving problems is crucial to improving the standards of any business. Your venture concept is on a great path and I hope you reach your goals sometime in the near future.
ReplyDeleteHi Tyler, I really like your response for this assignment. The ten things that you have listed that gives your business idea an unfair advantage are all valid and important when it comes to running that business. I think that this will greatly help you in the future. The VRIN analysis was also very important and deep in analysis, along with the explanation of your most valued resource.
ReplyDeleteHey,
ReplyDeleteI like your list of skills that are unique to you, i think they will really give you an advantage when starting your business. If there is no other competition for this idea right now then that is a huge advantage as well. I think you're right- this is a valuable idea. It sounds like you know how to work well with others and handle business, and those are good attributes to help grow your idea.