Wednesday, July 13, 2016

My Unfair Advantage

Here is a list of my 10 resources:

      1.       I am quite adamant about making things easier for other people, and for myself for that matter. I will do pretty much anything to make other’s lives easier, and I really think this product will help me do so.
a.       VRIN: Fairly valuable (I feel that there are times where this can help me), fairly rare (there are probably some others that feel the same way), somewhat inimitable, non-substitutable.

      2.       I give just about 110% in everything that I do.
a.       VRIN: Very valuable (effort is important), somewhat rare (not everyone gives a lot of effort), kind of inimitable (not found in everyone, but I’m sure everyone has the potential to give effort), non-substitutable.

      3.       I am very enthusiastic when it comes to making things easier for others.
a.       VRIN: Valuable (who would buy from someone not enthusiastic about their work?), somewhat rare (not everyone is enthusiastic), inimitable (everyone express enthusiasm in different ways), non-substitutable.

      4.       I know how and where to get the materials I need for this program, at almost the click of a button.
a.       VRIN: Valuable, rare, inimitable, non-substitutable.

      5.       This class has helped me come up with this idea, and has given me a lot of insight on business creation.
a.       VRIN: Very valuable, very rare (it is unique to the university, and frankly, to the state of Florida), very inimitable, somewhat non-substitutable (there are probably other schools that offer this course, but I’m sure it isn’t structured how this class is).

      6.       I have shaped a pretty good network of people that I could consult if I ever need help.
a.       VRIN: Very valuable (it's not what you know, it's who you know), rare in that everyone knows different people, inimitable for the same reason it is rare, non-substitutable because it's very difficult to go on business ventures alone.

      7.       I have a lot of knowledge on how these sports work, and how to create this program with my own hands, from scratch.
a.       VRIN: Very valuable, not very rare (a lot of other people possess the same kind of knowledge), somewhat inimitable (I have a different perspective than everyone else, but others can still see what I see to a certain point), non-substitutable.

      8.       My product can help a lot of people and athletes, whether or not they notice.
a.       VRIN: Valuable (making things easier and more efficient is important), not very rare (a lot of things can help be more efficient), inimitable, definitely non-substitutable.

      9.       My program has a wide range of potential uses.
a.       VRIN: Very valuable, somewhat rare (not many products can be used for a bunch of different things), not really inimitable, non-substitutable.

      10.   I have a lot of experience coding, and a lot of perspective with my love of sports and connection to baseball specifically.
a.       VRIN: Very valuable (it gives me a specific insight to how it works, and how it would feel to have a change), very rare (not a lot of programmers look at the consumer part of things, and how much of an effect their product has on them), inimitable, non-substitutable.

I believe that my top resource is my insight into the world of sports connected with insight into the world of coding. I would not be able to, nor would I want to if I didn’t have this specific combination. 

3 comments:

  1. Alex,
    For starters I think your idea is something that could potentially have so much success in the sports industry. All of your resources that you listed prove to be valuable when starting up something like this. I would shave to agree with you when you say your most valuable resource is that of coding and your insight with sports. I think also your network that you have generated will go a long way once something like this begins to start up.

    ReplyDelete
  2. I agree that your experience with the sports and coding is a top resource. However, you mentioned that you have a great network and I think that is also uch an important resource. Knowing people who you can rely on and trust is just SO important. I think you identified some great attributes!

    ReplyDelete
  3. Okay, you had me at baseball, but in all actuality, I see the great points you give & networking always helps. Your knowledge of baseball, perception and coding is all a plus. When you add your determination, enthusiasm, and creativity, that's when you become unstoppable. I think all of this combined gives you a sustainable competitive advantage.

    ReplyDelete