23 A- What Makes You So Special

My ability to connect with people

V- Yes, I believe this is a valuable resource. Many people now a days can’t carry on conversations. You need to connect with people to sell your product

R- I wouldn’t say this is rare but they ability is dwindling.

I - This can be imitated

N- I don’t believe this ability can be substituted.

My background in finance and accounting.

V- Yes, I do believe my background in Finance and accounting is valuable to my business. It allows me to keep financial expenditures in check.

R- This is not a rare ability

I - This can be imitated

N- No I do not think this ability can be substituted. IT is a crucial piece to running a business.

My ability to assemble a top-notch team

V- Yes, this is a valuable ability. I don’t know everything. Its good to surround yourself with people who know more than you about various topics you may not be well versed. Experts in their field.

R- Yes, I think this is rare many people don’t like to acknowledge their short comings and learn from others. Especially if someone wants to add value to their idea.

I – Yes this can be imitated

N- I believe this can be substituted.

Financial Capital- Investors

V- After explaining my idea to different people it sparked enthusiasm. A few people said they would even invest. Grant it you don’t know for sure until they write the check. But I did get offers.

R- Neutral. There are people willing to invest in new ideas. I don’t believe its really that easy to get someone to sign on. This could go either way.

I – Yes, you can get financing from individuals, venture capitalists, financial institutions etc.

N- Yes this can be substituted.   

Open to change

V- Yes, I believe this is a valuable trait. Many people can’t handle criticism or accept a differing opinion. If I’m doing something wrong or someone can think of a way to enhance my product, I’m all ears.

R- Neutral. I think this can be split.

I – No, I don’t believe this can be imitated.

N- No, this can’t be substituted.  

Network- Who I Know

V- Yes, this is a very valuable trait. I know people in the field that could help make this product come to life. It’s not what you know but who you know.

R- Yes, while everyone has the capability to build a great network. Many people don’t take the initiate.

I – Not you cannot imitate this.

N- No this can’t be substituted.

Driven- Focused

V- Yes, I believe this is a valuable trait. Many people give up when things get hard. I stick with them.

R- NO I wouldn’t say this is rare.

I – No this can’t be imitated

N- No there is no substitution.

Being able to properly identify my customer and market.

V- Yes, this is very valuable. Wen you know your target audience you don’t waste time or resources.

R- no this isn’t rare

I – No this can’t be imitated

N- No this can’t be substituted.

Technologically advanced

V- Yes, this is very valuable. This product is a cutting-edge medical device

R- No this isn’t rare

I – Yes this can be imitated

N- No this can’t be substituted

Ease of use (product)

V- Yes, I believe the easier the devise is to use while maintain its effective ness is key.

R- Yes, this is rare. Devices can be complicated, the easier it is to you the more it will be used.

I – No imitation

N- The only substitute would be to learn a more complicated way to use the device.

                                                                                                       

I think my most valuable resource is my network of people. Over this semester I’ve had the opportunity to engage with influential people who know a lot about this business. I’ve met people that can open doors and launch this idea.