Friday, April 5, 2019

23A – Your Venture’s Unfair Advantage


  1. A wide support system of family with resources
    1. Very valuable
    2. Somewhat rare, many people have this but many people don't
    3. Not unique
    4. It is non-substitute.
  2. My college, business-related education
    1. Very valuable. About $80k by the end of it, according to the state of Florida.
    2. About 33% of Americans 25 and up have a college degree, so rare
    3. It is imitable, anyone can get a degree
    4. No other resource can provide the exact benefits of a college education
  3. Full college scholarship, no debt, and good credit
    1. Very valuable. Also about $80k by the end of four years worth of tuition (not counting paying for classes and rent and stuff)
    2. Very rare to graduate with no debt at all
    3. Very hard to copy
    4. Almost no other resource at this stage of my life could have provided this
  4. A vast knowledge of the industry I want to break into due to years of involvement
    1. Very valuable
    2. Not rare at all
    3. Not hard to copy
    4. The internet could provide the same benefits, but it's better to have it in my head
  5. Some very minor contacts in the industry
    1. Very valuable to be able to contact creators
    2. Not so rare, usually people know at least a couple other people
    3. Not hard to copy, just make friends
    4. It is non substitutable
Posted by at

1 comment:

  1. Tiana BrownApril 8, 2019 at 11:49 PM

    Andrew,

    I think that having a family support system is valuable, although sometimes a lot of people prefer not to work with family because they are family. Some do not want to jeopardize their relationships and I kind of agree. But the bright side of having family as a support system, they almost always want the best for you and is willing to go out their way to make sure you are successful in what you are doing.

    ReplyDelete

Subscribe to: Post Comments (Atom)