Friday, April 5, 2019

Your Venture's Unfair Advantage

1. Other off-campus students' experiences
V: Listening to other students experiences with off-campus transportation will help me create a product that meets as many needs as possible and takes into account different scenarios and exceptions.
R: These experiences are not very rare because there are a lot of off-campus students at UF and not all of them have cars. A majority of them would probably have the same experiences.
I: It is not very inimitable because not everyone's prototypical customer is an off-campus student without a car or scooter. This resource is very specific.
N: This resource is nonsubstitutable because these students have their own specific experiences and they cannot be substituted out.

2. Student Government
V: This resource is very valuable because this is what will be funding the program.
R: It is not very rare because any organization can go to student government and ask for funding of their program.
I: This resource is not very inimitable because there is only one Student Government at UF that funds programs and organizations.
N: It is nonsubstitutable because the only place to get funding for the program is from Student Government.

3. UF Faculty that have implemented programs at the school before
V: This is valuable because they can give me insight and advice on the best way to start a program and how everything works.
R: It is not rare because a lot of faulty have implemented different programs for the school.
I: It can be inimitable because not everyone has the authority to implement major programs in the school.
N: It is nonsubstitutable because only people who have implemented major programs will be able to give me the advice and guidance I would be seeking.

4. Connections with UF Faculty
V: This is valuable because the connections I have can help me meet with the actual people who would help me get this product started.
R: It is not rare because a lot of other UF students are connected with UF Faculty around the school.
I: It is inimitable because anyone can walk up to a faculty member and start networking with them.
N: It is nonsubstitutable because not many people other than UF Faculty can help me get a meeting with the administrator who would help me create this idea.

5. My determined mindset
V: This is valuable because determination shows that I will not give up on this idea easily.
R: This is not rare because a lot of people have determination.
I: My determination is not inimitable because it is a personal quality of mine.
N: My determination is nonsubstitutable because it is not an objective resource.

6. My personal experience 
V: It is valuable because I use my personal experience as a guide for how to program should be created.
R: It is rare but it depends because sometimes people can have the exacts same experiences as me.
I: It is not inimitable because my experience with off-campus transportation is not a tangible object that people can copy.
N: It is nonsubstitutable because again, my personal experience is not tangible. It is a resource that is unique to me.

7. UF students looking for employment
V: This is valuable because they can be the possible drivers for SNAPX.
R: It is not rare because a lot of UF students may be looking for employment.
I: It is inimitable because other people can also be looking for employment as well.
N: It is not nonsubstitutable because anyone can become a SNAPX driver.

8. SNAPs current stop route
V: This is valuable because I can see where SNAP already goes and decided where it should make stops based off of that
R: This is not rare because anyone can access SNAPs current stop route.
I: It is inimitable because anyone can drive the route and make the stops
N: It is nonsubstitutable because SNAP is the only program that uses that route.

9. List of off-campus housing 1-2 miles off campus
V: This will show me which housing buildings I need to take into account when creating the new stop route.
R: This is not rare because anyone can look up the housing that is near UF.
I: It is inimitable because anyone can create the exact same list using public information.
N: This is nonsubstitutable because this list is very specific to my business idea.

10. Estimate of students who live off campus
V: This is valuable because it would give me a rough estimate of how many people the new program could help.
R: This is not rare because the number of students who live off campus can be found on the public school records.
I: This is inimitable becuase anyone can look up th enumber of off campus students.
N: This is nonsubstitutable because I am only using the number of student off-campus at UF.

I think the connection with UF faculty is the most important resource. Not only can they introduce me to other faculty who have implemented programs, but they can help me with the administrative detail as well. They can also act as a guide and give me advice for the best way to implement the program.


1 comment:

  1. Hey Agatha!
    I found your post to be very informative. I think that using student government, UF faculty, determined mindset, personal experience, and snaps current stop route is a great idea. You did an awesome job explaining each V R I N. You also were able to establish the the most important resource which was the UF faculty.

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