23A- Your Venture's Unfair Advantage

• Generate a list of all of the resources in your venture (produce a list of at least 10 resources that you already possess). This can include your human capital, social capital, financial capital, and capabilities. You may also discuss the organizational culture you intend to create (but, obviously, it's not a resource that you have, now.) 

1.   Extensive and high quality Idea

2.   Human Capital

3.   Need in the market for my service.

4.   Social Capital

5.   Huge access to lots of financial capital

6.   High Work Ethic

7.   Great C Suite

8.   Access to many mentors in my field

9.   Educated Employees

10. Experience 

valuable, rare, inimitable (how hard it is to copy by others), and non-substitutable

      1. Extensive and high quality Idea

V-Quality is hard to come by

R- Not many ideas are rare

I- Patent protects ideas

N- Hard to change

      2.   Human Capital

V- We have high quality people

R- They are hard to come by

I- Patent idea

N- Hard to find

      3.   Need in the market for my service.

V- High Need

R- Market need

I- Patent

N-Hard to create

• 4.   Social Capital
  V- Great employees that are valuable

  R- Not many good employees available 

  I- Highly educated employees

  N- Needed for market
  5.   Huge access to lots of financial capital
  V- Not many firms have lots of capital

  R- Rare to have access to capital

  I- Cant create cash out of thin air

  N- can't substitute money
  6.   High Work Ethic
  V-We have high quality people

  R-Work Ethic is hard

  I- Cant create work ethic

  N- Hard to substitute great social capital 
  7.   Great C Suite
  V-We have high quality people

  R-Cant create work ethic

  I-Highly educated employees

  N-Hard to substitute great social capital 
  8.   Access to many mentors in my field
  V-We have high quality mentors

  R- Rare to find good mentos

  I- Cant duplicate a mentor

  N- Only a few mentors per field
  9.   Educated Employees
  V-We have high quality people

  R- Can't find many highly educated employees

  I- Highly educated employees

  N- High need for good people in market
  10. Experience 

      V- Expierence is valuable

      R- Expierence is rare

      I- Cant duplicate experience

      N- High need for good people in market

All of these resources are important since they all come together to create a high functioning and successful venture.