23A – Your Venture’s Unfair Advantage


-          My education (human capital)
o   Having a degree from the University of Florida makes me more reputable since we are in the top 10 public universities in the US.
-          My technology knowledge (human capital)
o   I have worked with all sorts of computers and computer systems, so I feel my company would stay up to date in terms of our ERP systems and security.
-          My sister (works for health insurance company) (human capital)
o   My sister has connections and knowledge in the health care industry. In addition, she is a person I would trust to work with as a business partner.
-          My family friend (partner at KPMG – Atlanta) (human capital)
o   In addition to my sister, he has knowledge and connections within the health care industry and he is trust worthy.
-          Savings (financial)
o   My savings could be used to kick start the business and cover any initial costs to be operational.
-          Network
o   My network consists of a diverse group of people who might be useful in the growth of my business.
-          Project management skills
o   I am very good when it comes to getting a project done.
-          Organization skills
o   I feel a lot of people overlook organization skills. I am a very organized person and feel this would work its way in into my business.
-          Leadership
o   I have held many positions in high school/college. I am very comfortable being in charge and setting goals.
-          Good heartedness
o   I see myself being a very nice person. My company would reflect this in a way since it will be helping the less unfortunate.

I would say my most important resource is my network. This would consist of work professionals, friends and family. My sister for example is very knowledgeable about health care and I would be able to go and ask her questions and advice on what to do. I think it is very important to have a good network if you want your company to grow in the future.

Comments

  1. UnknownApril 1, 2018 at 9:34 AM

    Hey Nick, I really liked reading and overlooking your top resources that you have. A lot of these are character traits which is great to have and can get you a long way when starting out in the business world. Other things like your network, leadership skills, human capital, and your network are things that will take you far in the long run. Overall, I think you did a great job!

    ReplyDelete
  2. UnknownApril 1, 2018 at 9:49 PM

    Hey Nick, I enjoyed reading about your list of what you think are the top resources for your company. I think you have very strong resources in your human capital as your sister working in health insurance and your friend also knowing people in the field will really help you in your venture. I think you also possess quality skills that will be resources and help propel you in your business venture. Great job!

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