Friday, March 30, 2018

23A – Your Venture’s Unfair Advantage


1.       Coding experience
a.       Need it for operation of programs
b.       Not rare and inimitable
c.       Non-substitutable
2.       GIS experience
a.       Need it for operation of device
b.       Not Inimitable and not rare
c.       Non-substitutable
3.       Computer parts experience
a.       Need it for operation of device
b.       Not rare and not inimitable
c.       Non-substitutable
4.       Money for parts to prototype device
a.       Need it for starting point
b.       Not rare and not inimitable
c.       Substitute with loans or investments
5.       A college full of people to test prototype
a.       Will help with production of device
b.       Not rare or inimitable
c.       Substitute with other groups of people
6.       Professors who could help make the device
a.       Help fine tune the ideas and concept
b.       Not rare or inimitable
c.       Substitute with any higher educated people
7.       Opportunity for research grant from school
a.       Help fund making of device and labor
b.       Not rare or inimitable
c.       Non-substitutable since it is free money
8.       Engineering club that would help design / create
a.       Help with labor and ideas
b.       Not rare or imitable
c.       Substitutable for any engineering club
9.       Inventors I know can help
a.       Help with ideas and patenting
b.       Not rare or imitable
c.       Substitute with any inventor
10.   Friends and family that can invest
a.       Fund product
b.       Rare but not imitable
c.       Substitute with any money source

After conducting my VRIN analysis, I have determined that my coding experience is the most valuable and my top resource. It is my top resource because it is different for all coders depending on what coding languages they are familiar with and the style of coding they prefer.

1 comment:

  1. Hey Zac, you did a great and thoughtful job on this post. Your advantages were all very relevant and helpful to what you want to do. I agree that your coding experience is very valuable because you are going to do a better job completing the job you want than any coder you may hire. Also your means of investment is very important to get you up and running. Great job on this!

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