23A – Your Venture’s Unfair Advantage

1.  Industry Social Capital
• V: Knowing multiple real estate agents will prove valuable when trying to obtain customers and users.
• R: My unique network is very rare since only I possess the type of relationships with the specific realtors.
• I: However, realtors are very open to new relationships by trade so I believe that anybody with the drive and know-how would be able to build similar networks.
• N: It is very hard to substitute human capital and social networks.
2. Relentless hard work
• V: Hard work is one if not the most valuable traits to have in a start up. Even more evaluable if it is the leader who posses said trait.
• R: If every workers possessed the same level of hard work and relentlessness there would be no cues, there would be no traffic and we would live in a utopia, therefore it is rare.
• I: Hard work cannot be copied it can only be gained or developed.
• N: And there is no substitute for it since it can only be achieved through discipline or hunger.
3. Start-up Experience
• V: Having experience working in a start-up is very valuable since I will know firsthand the ins and outs of start-ups. What to and as well as what not to do in addition to various shortcuts and tricks.
• R: Working for a start up is very rare since they are very small and usually only hire people previously known.
• I: It is not imitable because start ups are very unique and any other type of business differs greatly.
• N: No substitute is available because it is a unique experience given the circumstances that a start up has to power through.
4. Due-diligence 
• V: Due-diligence is a very valuable trait to have when launching a product and a company to market. This is because since there are many factors to consider when doing this.
• R: Like hard work due diligence is a trait rare is workers.
• I: It cannot be copied since it is a trait that can only be developed through time and experience or born with.
• N: There is no substitute since it is a trait that a worker only posses or doesn't and it can only be developed over time. 
5. Clear understanding of system.
• V: To have a distinct clear understanding of ones system and product has value when talking with investors and customers alike.
• R: Not every worker or leader knows exactly how their product or systems operate so it is somewhat rare.
• I: It is imitable since any worker can learn their products or systems it is only a matter of will.
• N: There is no comparable substitute since knowledge cannot be substituted. 
6. Financial background
• V: My finance background is valuable because it will come of use when officially building a business plan to show to venture capitalists. 
• R: It is rare to have this level of financial background and knowledge among usual workers.
• I: However it is very imitable if one decides to educate one-self and takes multiple finance courses to learn the right statements and formulas.
• N: The there is no substitute since it is knowledge and knowledge can only be learned.
7. Access to many financial opportunities
• V: Being a part of UF and all of the business opportunity is offers such as the "Big Idea business" as well as talks with VC is veery valuable.
• R: The only way to be apart of the business opportunities UF offers is to be a UF student, therefore it is somewhat rare.
• I: I can be imitable if a university decides to build competitions for business students as well as leveraging their networks with alumni.
• N: There can be substitutes for money but there cannot be substitutes for meeting and talks with VC's.
8. Access to up and coming and energetic coders. 
• V: Having access to young coders eager to work and make their mark is very valuable because they can offer more that just their technological services.
• R: It is slightly rare because any college campus has them.
• I: It is slightly imitable because any college campus has them.
• N: There is no substitute for access to young coders with an energetic attitude.
9. Experience working real estate
• V: a working experience in real estate is valuable because I now know the process and and insides and outs of the business.  Which can prove fruitful when launching product to market and market penetration. 
• R: My experience is slightly rare although any real estate agent also probably has the same or more.
• I: It is not imitable and can only be gained by actually working in the field and industry.
• N: There is no substitute for it since can only be gained by actually working in the field and industry.
10. Long distance capabilities
• V: Apart from convincing service repair companies to join the app, we do not personally sell so we would be able to social distance making it more attractive to future employees.
• R: It is rare for companies to be able to social distance, as we have seen by the early decay of the market and unemployment rates.
• I: It is imitable if and only if the product and business model allows for it. 
• N: There is no comparable substitute since any other work arrangement will defeat the benefits of long distance working.

My top resource is defiantly my Industry Social Capital because it is can put me over the edge over possible competitors since it is very hard to imitate or find a substitute. This networks will be able to provide shortcuts and plans to stay ahead of the competition when the a problem arises.