(This photo is unrelated, but it's National Puppy Day.Also I love chow chows.)- Generate a list of all of the resources in your venture (produce a list of at least 10 resources that you already possess).
- Students on campus - This is my target audience, and obviously there are many students here.
- Web/App Design - I know how to create the app which would correspond with my idea.
- Business Experience - I know how to create a business plan for my idea.
- Materials - I know who to contact, and where to buy the supplies for my item.
- Promotional Items - I have already made previous flyers and designs, I also have a logo
- Marketing Experience - I have pitched this idea a few times.
- Connections for funding - I have met people who would be interested in investing in me if I wanted to create this.
- Co-Investors - I am able to lean off their knowledge and advice for my business.
- Space for creating product - I have a location where I can have my brainstorming sessions.
- Retail space - I have a "warehouse" type storage facility.
- I think my greater resource from this list are the co-investor/entrepreneurial people that I have connections with. Even if I never did anything with this idea, the fact that they would be willing to help me with this idea, or any others that I might have in the future is a large asset to me.
Wednesday, March 23, 2016
My Venture's Unfair Advantage - Week 11
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Kristiana first of all thankyou so much for that beautiful picture! Second of all you came up with a really great list of resources. I agree with you that your connections are your greatest resource, it really does help to have people who support you. Dont underestimate how great of a resource your prior experience is either. You already have a leg up on everyone! Great work! Feel free to check out my blog: http://entweekly.blogspot.com/2016/03/my-unfair-advantage.html
ReplyDeleteHey Kristiana,
ReplyDeleteAwesome photo and so cute! I like the listing of your resources that you have created for assessing your Unfair Advantage. While I was reviewing your list, I was wondering about the "who's and what's" that are supporting your resources. Specifically, who is giving you the resource of mentoring you and what kind of experience makes them an expert in their field to strengthen your idea. Also, what makes your connections a stronger web than those of your competition. Your prior experience is invaluable, and I know that who you have in your inner circle can make it even more powerful. If you'd like to check out my blog, it is http://entreprenue-whaaat.blogspot.com/ .
Hi Kristiana,
ReplyDeleteYou’ve included a great list of advantages. I think that you know how to develop this product on your own and do not have to resource it out in my opinion is one of your top advantages along with marketing, and networking. Love the dog picture, too cute. I’ve included a link to my blog: http://js-uf-ent3003-2016.blogspot.com/, good luck in this class