23A – Your Venture’s Unfair Advantage

1. Work Ethic

Valuable: this is a resource that is valuable all throughout one's life and to develop it now is key.

Rare: not all students work as hard as I do toward my goals.

Inimitable: there's only one me!

Non-substitutable: See above!

2. Ability to learn quickly.

Valuable: this comes in handy no matter the job and makes the work environment a little easier.
Rare: not all people can learn quickly and I am very grateful for this skill (which I think is a result of working hard).
Inimitable: there's only one me!
Non-substitutable: See above1

3. The right human resources.

Valuable: It's not what you know; it's who you know.
Rare: Having the right connections is rare because there are only a few right connections.
Inimitable: You can't fake a connection.
Non-substitutable: See above.

4. The passion for my idea.

Valuable: I know what it's like to live without passion, so I do think this one is very important because it gives you a reason to get up in the morning.
Rare: I don't think everyone loves what they study or what they do for work; to enjoy what you do is a true blessing.
Inimitable: You can't fake determination.
Non-substitutable: See above.

5. The simplicity of my idea.

Valuable: A simple idea that can change a lot is incredibly valuable because it's easy to understand and people like that.
Rare: I don't think simple ideas are rare...
Inimitable: I don't think the idea of heating stations on campus are inimitable.
Non-substitutable: There are substitutes.

6. The easy implication of my idea.

Valuable: One can see a convenient change in a small matter of time.
Rare: Not many ideas can be implemented as quickly as I think this one can; usually, it takes years to change something on a campus.
Inimitable: It's not inimitable.
Non-substitutable: It's not nonsubstitutable.

7. The student support of my idea.

Valuable: This is a campus and this change is for students; if the students don't like it, then what's the point?
Rare: I think many students are indifferent to changes on campus; this idea really makes students excited and I'm grateful for that.
Inimitable: It's not.
Non-substitutable: It's not.

8. Ability to present my idea clearly.

Valuable: presentation is everything!
Rare: It's not a rare skill.
Inimitable: It's not inimitable.
Non-substitutable: It's not non-substitutable.

9. My people-skills.

Valuable: In order to get support, one needs to be liked!
Rare: It's not rare.
Inimitable: It's not.
Non-substitutable: It's not.

10. Relatively cheap

Valuable: A huge change for a small price? Yes, please!
Rare: I do think good ideas are usually quite expensive, but I don't expect this idea to cost more than a few hundred to a couple thousand dollars depending on how many heating stations are put up throughout campus.
Inimitable: It's not.
Non-substitutable: It's not.

My Top Resource: Human resources because who you know is vitally important to making changes in certain environments and especially on campus!