Friday, November 10, 2017

23 A - Your Venture's Unfair Advantage

  1. Leadership Experience: I was awarded Outstanding Volunteer of the Year at Nicklaus Children's Hospital for two departments.
    • Valuable: this proves I hone the knowledge to exemplify leadership.
    • Rare: There were more than 400+ volunteers in my that were eligible for the award and I was the one to receive it.
    • Inimitable: This can definitely be imitable but must be decided by the individual to be expressed in practiced
    • Non-substitutable: This would not be substitutable because these awards are rewarded to the individuals that participate solely as volunteers that seeking careers as healthcare providers.
  2. Volunteerism: this generates the attribute of selflessness to workplace. It is not always about focusing on the return, it can also be about giving back to the community.
    • Valuable: Empathy is one of the key qualities to have when working with people. 
    • Rare: Not too many take part in this
    • Inimitable: This can certainly be imitable through choice, it is just more less attractive because there is financial reward that compensates the labor experience.
    • Non-substitutable: The notion of volunteerism is can be substitutable with other selfless endeavors such as philanthropy.
  3. Connections/networked with executives: This provides me thorough insight on the landscape of the problem I want to satisfy.
    • Valuable: This can give me exact flaws committed from individuals I can directly capitalize on with my proposed leadership course.
    • Rare: This resource can be somewhat rare, only at the part where you have to seek the networking entities.
    • Inimitable: Imitability of this resource can be accomplished by creating the initiative to go out and win the bond between influential individuals.
    • Non-Substitutable: Not really because this is probably one of the main components that can push my proposal forward.
  4. Acquiring empathy: having a deep connection with the individuals you are conversing with.
    • Valuable: This initiates the bond because you know what person is in need off just by decoding the wait of his or hers needs.
    • Rare: Yes this is very rare because currently with the social media era many individuals are set with abiding by their self interests and refrain from listening to people's demands.
    • Inimitable: This is more of personal characteristic but I do speculate that empathy can be taught.
    • Non-substitutable: No this resource is a must to keep a business proposal stable.
  5. Shadowing Experience: The ability to be easily and accessibly mentored by an expert in their fields.
    • Valuable: This creates the level of sophistication that is needed to get to a position of confidence.
    • Rare: This is not very rare, shadowing, in my opinion, is very simple. Shadowing mainly consists of mimicking the individual of authority or at senior positioned individual in your career.
    • Inimitable: This is definitely imitable when you want to fit in some sort of main behavior that can extend that critical attribute that can maximize comparative advantage.
    • Non-substitutable: Substituting looking up a role model for personal advancement is not interchangeable because of how natural it is for this process to take place.
  6. Prior work experiences: The physical labor or the hand craft working environment only experienced by actually positioning yourself in these positions.
    • Valuable: This is where a leader-like individual will viscerally understand the natural everyday work environment.
    • Rare: It is not rare to to find people to have this experience. What is rare to find, are the people that never attained awareness of the dynamic of physical labor.
    • Inimitable: This is highly imitable for individuals that are usually trying to find an early work experience which can inspire leadership ideals.
    • Non-substitutable: No this attribute cannot be interchangeable because understanding this is so important in comprehending the complexity of managing of the workforce.
  7. Self accounting/bookkeeping: Keeping record of all financial exchanges between seller and buyer.
    • Valuable: Effective memorabilia advantage of all financial activity is a tremendous plus for any organization
    • Rare: Not much of a rare component is found but extremely important for an organization perspective.
    • Inimitable: Accounting can be imitable by scholastic teaching or mentoring 
    • Non-substitutable: This is very necessary to exist in any organization or entrepreneurial proposals to succeed.
  8. Business owner experience: Having to be able to actually lead a proposed vision and courageously uphold an expanding company.
    • Valuable: This helps people understand what it takes to run a start up organization
    • Rare: The older people are the less likely this attribute is rare.
    • Inimitable: This can be a lot harder to imitate but it is possible.
    • Non-substitutable: This aspect is the core of all entrepreneurial quest.
  9. Bilingual Spanish/English: Knowing to communicate in two languages that can build bridges.
    • Valuable: The ability to connect cultures and ethnicities by appropriately communicating other people's mannerisms. 
    • Rare: Depends where you are geographically.
    • Inimitable: This also depends on age and the amount of exposure somebody has within a different culture.
    • Non-substitutable: No, this characteristic is very essential for conversing with another ethnic business group.
  10. Intimate respect: When I meet people face-to-face they usually develop respect for the bundle of leadership qualities I attain.
    • Valuable: The initial presence or the first impression is so important to establishing a trustworthy network.
    • Rare: Yes this is rare because it is hard to gain respect from elder officials from an organization.
    • Inimitable: Very hard to imitate. I gained this aspect through my exposure with my rigorous upbringing that provided by my parents.
    • Non-substitutable: It probably would not be wise to substitute this characteristic because it resembles strength and establishment of confidence. 

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