Wednesday, March 23, 2016

My Unfair Advantage

1. Patience
-V: Valuable in any situation in life
-R: Patience, although well known, I not a very common quality among people, it is rare
-I: Patience cannot be copied, but only self-taught through life experiences
-N: no
2. The ability of seek out opportunity
-V: Valuable as it allows me to take advantage of situations when they arise
-R: Rare because it is a quality of true entrepreneurs
-I: Cannot be copied, but only self taught in very few individuals
-N: No, seizing opportunities is a  quality that is unique to itself
3. Ability to bring people together
-V: Valuable to be able to bring people together, can use it to bring people around a product.
-R: Rare because not many people have the ability to bring people together
-I: Can potentially be copied, by mimicking what I do, however if they don't truly know what they're doing, they'll have difficulties
-N: No
4. Financial backing
-V: I am lucky enough to know people who would be willing to invest in my company
-R: Rare because I know people who have a lot of power and wealth that believe in what I can do
-I: Can be copied if people know the correct thing
-N: No, financial backing is essential to a business
5. People Skills
-V: Valuable because I know how to make people like feel comforted
-R: Not so rare because people can develop people skills relatively easily
-I: Can easily be copied if people just learn how to be nice
-N: No, people skills are essential towards building a business
6. Connection to a market expert
-V: Valuable because it can allow me to seek advice about the market I am in
-R:  Rare, yes because not too many people have a direct connection like this
-I: Can be copied if someone knows the same person
-N: No, nothing can lead to knowledge
7. Creativity
-V: Valuable because it allows you to be diverse
-R: Not rare
-I:  The quality cannot be copied, the process can be
-N: No
8. Time
-V: Valuable because this company will be my career
-R: Time is rare indeed
-I: Cannot be copied
-N: Yes, efficiency can lead to the same results
9. Connection to a supplier
-V: Valuable because it allows me to create my product
-R: Rare, no.
-I: Can be copied
-N: No
10. Connection to a distributor
-V: Valuable because I have places that will sell my product
-R: Rare, not necessarily
-I: Can be copied if someone goes after the same distributor
-N: No

I think the ability to seek out opportunities is my best quality because it allows me to take advantage of situations as I see fit which can only lead to success.


3 comments:

  1. A very convincing post about you advantages.
    You have both personality capitals and networking capitals. This is rare among your peer.

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    ReplyDelete
  2. Hi Anan! I think that the ability to seek out opportunities is an awesome quality of an entrepreneur. Next time maybe try to elaborate a little bit more on the VRIN portion and include a little bit more of a reflection. Besides that I thought all of these traits are great and I think you’’ make an amazing entrepreneur.
    Feel free to check out my blog too! http://thereseverything.blogspot.com/2016/03/theres-amazon-whisperer.html

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  3. Anan,
    You did an excellent job of putting this article together. You really articulated everything in a concise and informative manner, and depicted your strengths and weaknesses. Keep up the good work and check out my blog: http://stefankostas.blogspot.com/2016/03/my-unfair-advantage.html

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