My Unfair Advantage

Human Capital:

1. Patience

• V: This is a valuable resource in any setting. 
• R: I do not think patience is a rare resource. 
• I: I think that patience can be hard to teach/copied. 
• N: No. 

2. Organizational Skills

• V: Yes. It is very important to be organized. 
• R: Organizational skills are not rare. 
• I: Potentially. People who do not already have organizational skills can learn them/develop them. 
• N: No. There is no way to get around not being organized in one way or another. 

3. Interpersonal Skills

• V: Yes. It's very important to have strong interpersonal skills. 
• R: In some cases. Not everyone has the exact same conversation skills or personality. 
• I: Some people may develop their interpersonal skills (in a sense copying).
• N: It is hard to succeed in a people oriented industry without interpersonal skills. 

4. Oriented towards developing and maintaining relationships 

• V: Yes. It is very important to be able to maintain relationships with people, especially in business. 
• R: No.
• I: People can practice developing their interpersonal skills and maintaining relationships.
• N: It can't be substituted as many people do not have a strong ability to maintain strong relationships with many people at once. 

5. Unifier

• V: Yes. It is very valuable to be able to create harmony in a group/team setting. 
• R: No.
• I: No. Many people if they lack this skill will have a hard time developing it. 
• N: Yes. Some people choose to work in a group without creating harmony among its members. 

6. Creativity

• V: Yes. It is important to be creative in business, for finding solutions to problems or in marketing and expanding the customer base.
• R: Yes. Not all people are creative. (There are varying levels of creativity) 
• I: Depends on the situation if someone can copy being creative (potentially hiring more creative people and using their ideas?)
• N: Yes. Someone who is not very creative can get around this obstacle by working with other more creative people to help them along. 

Social Capital:

7. Connection to a Supplier

• V: It is very valuable to have someone in my network who is experienced with creating and distributing a product in a market similar to mine.
• R: Depends. Not all people are able to network with suppliers. 
• I: Yes. Other people can network with other suppliers. 
• N: Yes. People can use their network with other types of people to develop their business. 

8. Connection to a Market Expert 

• V: Yes. It is valuable to know someone who is an expert in my market.
• R: Depends. It all depends on who people network with.
• I: Yes. People can simply expand their network to meet more people in their market. 
• N: Yes. People can use their network with other experts to develop their business. 

9. Connection to a Domain Expert 

• V: Yes. It is valuable to know someone who is an expert in my domain. 
• R: Depends. It all depends on who people network with.
• I: Yes. People can simply expand their network to meet more people in their domain. 
• N: Yes. People can use their network with other experts to expand their business. 

Miscellaneous:

10. Time

• V: Time is an extremely valuable resource. 
• R: Yes. Because I am in college, I have a lot of free time, which not all people have access to. 
• I: No. People who do not have the time to work on their business cannot copy my use of time. 
• N: It is hard for people to get around the obstacle of not having the time to do things. 

I believe that time is my most valuable resource. As a college student, I have the most expendable free time that I will ever have access to, so now would be the best time to develop a business.