1. Communications skills
V: In the digital era we live in, being able to properly and effectively communicate face to face can be the difference between making money and not.
R: Calling, texting and emailing is much more convenient and sometimes easier for some people than talking, but hardly as effective.
I: Being able to communicate effectively can be tough to learn as it's more of a social skill or talent.
N: As the world continues to shift deeper into technology, effective speakers could become harder to find.
2. Social network
V: I have an extensive network with long lasting relationship with others within my field of interest.
R: It's not about what you know, It's who you know. My network has experience others might not have.
I: You can't force relationships amongst your peers. Everyone's network is unique.
N: I'm sure there's others out there that could help me, but I feel confident with my team.
3. Research ability
V: My public relations major has taught me a lot about conducting research and how to find the information that I'm looking for.
R: We learn different skills in different majors. I know for a fact some don't stress research as much as PR.
I: Researching skills can be taught, but I'd already be ahead of the curve by then.
N: AI could make conducting research easier for me in the coming years.
4. Support system
V: Having a solid support system like my friends and family that will be there for me no matter what happens puts my mind at ease.
R: Support and motivation can be hard to find some people.
I: A genuine support system can't be formed over night as it takes years to form such a relationship with others.
N: There really isn't any substitutes for this, and without it, the natural failures we're bound to face could be difficult to manage.
5. Thoughtfulness
V: Almost every CEO says they care about their clients, but only to a certain extent. My service is solely rooted in helping others.
R: Thoughtfulness can get overshadowed by greed very easily, and being able to care for my clients day in and day could set me apart from the others.
I: It can be hard to create a thoughtful culture within a company if it's not something you wholeheartedly stand by.
N: Thoughtfulness comes from ones values and beliefs and can't be substituted. If you're truly not a thoughtful person, your true colors will come out eventually.
6. Determination
V: I feel that I have a strong determination to be successful one day, and that I won't stop until I reach my goals.
R: There's many motivated people put there, but there are plenty that are content with being average.
I: It's easy to say you want to be successful, but it's another thing to actually put in the blood, sweat and tears.
N: The only way to make it in this world is through hard work, and nobody is going to do the heavy lifting for you.
7. Capital needs
V: My service doesn't require a crazy amount of capital to start.
R: Many startups require capital that takes decades to payoff, which makes mine a little different and a little easier to obtain.
I: This idea is easy for others to potentially copy, but as of right now it presents an advantage for my service.
N: I'm sure extra capital could help speed things along, but the simplicity of my service is the main idea.
8. Uniqueness
V: Each individual market is diluted with similar products and services, but I haven't seen anything like mine yet.
R: The uniqueness of my service is rare and presents an opportunity to disrupt the traditional ways of the past.
I: Could be imitable, but hopefully I'd have a large and dominate market share by the time others begin to copy my service
N: The uniqueness is what sets me apart and really makes my service what it is. No substitutes here.
9. Life experiences
V: I feel that the experiences I have had so far in life have set me up for a successful future in this service.
R: We are products of our enviroments and past experiences, I think I have a solid head on my shoulders for what life has in store for me.
I: Everybody is different based of their own experiences and that will lead us to make different decisions in different situations.
N: Whether good or bad experiences, they help make us what we are and there are no substitutes for what we go through in life.
10. Existing tools
V: My service combines a few services that are already solidified so I don't have to reinvent the wheel.
R: Many companies spend so much money inventing, whereas I just have to seamlessly put the different services together for my opportunity.
I: This idea hasn't been imitated yet, but there is a possibility that it could in the future.
N: There are other routes I could take, but they could cost much more money. The simplicity of my service is key.
Caelan,
ReplyDeleteI felt as though you had great resources listed in this article. They were simple but well defined through the four characteristics and this shows that you understand the true nature of these resources. For example, communication skills is a broad term but you narrowed it down by explaining how you utilize it in your own way. Also, you forgot to discuss your most important resource, but based on your lists I feel that life experiences and communication skills are the two most important to yourself.
Well done!
Hi Caelan,
ReplyDeleteYou provided a great list of unfair advantages! I think one of top advantages that you identified was capital needs. Being able to manage and minimize your start up costs is a great advantage.