Your Venture’s Unfair Advantage

1. Social capital: The team I put together during my social capital assignment, from promoting to experienced worker, they can be classified as a resource.

V: The team are mostly experienced workers that can bring an edge to my start-up.

R: This seems like a common team that is used by many rehabilitation center or recreation center.

I: This is extremely easy to copy by others as trainer, doctors, and nurses are all looking for work within my field or in a similar one.

N: There are not other resources that can provide the same benefits; however, each individual is replicable assuming that the replacement has the same work ethic and drive as my team.

2. Human Capital: My current career choice in the medical field, the experiences accumulated from assisting with running a family business, becoming a business owner; these are all things I have experienced and are classified as a resource.   

V: My experiences with running and owning a company at such a young age and give me an advantage over the older entrepreneurs. My current career choice can provide me with unformidable value, money can come and go, but knowledge will never wither.  

R: This is rare as there are not too many business owners of my age.

I: These advantages are not easy to replicate. Pursuing a medical career is difficult on its own, but doing so while gaining the experiences I currently have makes it much harder to replicate.

N: There are ways to replicate these resources, however it is difficult. The experiences can be brought together by creating a team from social capital.

3. My experience caring for my grandparents: For some time, I have been requested to accompany my grandparents to several hospitals/clinics.

V: These experiences give me an insight on what people want for their grandparents.

R: This is not rare.

I: These experiences are easy to replicate since anyone can volunteer at a home for the elderly and gain the same experience. Yet, the emotional attachment to the patient will be missing.

N: This resource can be replicated by intensifying my already existing community service.

4. My knowledge in Biology/nutrition: The current knowledge that have gathered throughout my academic career.

V: This allow me to have an insight on the physical heath requirements my costumers have.

R: I do think this is somewhat rare because usual business owners are more likely to be focused on a managerial perspective.

I: This is easy to replicate assuming one is willing to grill themselves through 4 years of biology/nutritional courses, if not, they will always lack a physical/natural understanding.

N: This can not be replaced without a higher-level education. Yes, yes, I know there are situations where you can read textbooks on your own, but these will only give you one side of the coin.

5. Dr. Pryor: This one is an easy one to miss, but without him opening my mind to a whole new world, opportunity beliefs, I would have never done so on my own.

V: Without Dr. Pryor helping me put my ideas together I would have never though that such a thing was possible. The course is extremely well structure and truly opens one’s eyes.

R: This is rare when you think about it. There are 7 billion of people on earth and only a few hundred get to experience this course.  

I: These cannot be replicated unless you attend this course or one seemlier.

N: This cannot be replaced.

6. The Blog: Blogging has opened a need world.

V: Being able to post ideas and have people give feedback at no cost is amazing.

R: This is not rare, since anyone with a computer and some Starbucks WiFi can do this.

I: Anyone can replicate this.

N:  This can be replaced with another platform like Instagram or YouTube.

7. My Vision and drive: All the countless hours I’ve put into myself and the people around me. Also, the assignments that have placed all my ideas on paper.

V: My work ethic has proven that I have the energy to perform/complete any task at hand—that with all my ideas on paper I can make them a reality.

R: This has the potential to be rare, but I do feel it is not. This is because there are so many of my group members, yeah, you guy, that have shown the same qualities.

I: Anyone can replicate this with the right attitude.

N: This is irreplaceable.

8. Medicaid and Medicare:  A service provided by the government to all elderly individual ages 65 and above.

V: This could potential fund my opportunity belief.

R: This is not rare.

I: Anyone can use or charge these services.

N: This kind of funding can be replaced with private insurance companies.

9. Publix employee structure: What is one thing we all notice when shopping at Publix; the costumer friendly attitude.

V: Structuring my employees work environment in a similar fashion will improve their mood and dedication.

R: As simple as this seem it has proven to be rare with most businesses lacking this type of culture.

I: This is something any company an attempt to do.

N: This cannot be replaced with another benefit.

10. Community building exercise: Allowing patients build a welcoming community which in turn will build a culture.

V: This will allow for me to build a culture around my service and allow for better advertising through recommendations.

R: This is not rare unless I succeed in building a culture.

I: This can be copied but once a culture is built it will be nearly impossible.

N: This cannot be replaced.

Finally, my most important resource would have to be my human capital, without these experiences or career choice I would lack the knowledge necessary to start my business. Also, I would loss my edge in my understanding of the medical field.