23A – Your Venture’s Unfair Advantage

My Unfair Advantages

1. My Passion
• Valuable: Yes, new businesses need this.
• Rare: No, there are millions and millions of passionate people.
• Inimitable: No, passion is developed by experiences and cultivation.
• Non-sustainable: No, one can prevent burning out through careful care and consideration.
2. My Work Experience 
• Valuable: Yes, I won't be stepping in clueless.
• Rare: No and Yes-on this campus, yes, overall, no.
• Inimitable: Yes, my work experience in my life is unique and special. 
• Non-sustainable: These are experiences crucial to being successful in this industry.
3. My Adaptability
• Valuable: Yes, life is always changing and I must be willing to adapt to change.
• Rare: No, everyone during this COVID-19 pandemic is developing this trait.
• Inimitable: No, everyone can develop this trait if they work at it.
• Non-sustainable: It is learnable which means the trait can be adopted/become second nature.
4. My Strong Work Ethic
• Valuable: Yes, you won't succeed without this.
• Rare: No, many people starting businesses have this.
• Inimitable: No, this can be developed through experience and cultivation.
• Non-sustainable: Yes, once this becomes part of you, it is there forever.
5. My Community
• Valuable: Yes, it helps me often and provides support for me.
• Rare: Yes, my unique community is special to me and is so essential.
• Inimitable: Everyone can develop community with some time and careful consideration.
• Non-sustainable: People will come and go but the core of your community will likely remain stable, yet can be reformed with time.
6. My Determination
• Valuable: Yes, this has helped me succeed throughout my entire life.
• Rare: Yes, I am beyond determined to make sure things are working right.
• Inimitable: No, if you believe strongly in things, you can be as determined as me.
• Non-sustainable: Burn out is possible, however, this character trait isn't too likely to change overnight.
7. Connection with the Owner of Ellianoes Coffee
• Valuable: Yes, I was neighbors with the cofounder of the company.
• Rare: Yes, many startups don't have relationships with the company they're working with.
• Inimitable: Relationships like these can be developed but I have the advantage already.
• Non-sustainable: Relationships can be broken or damaged but I believe this would work.
8. My Creativity
• Valuable: Yes, I am an artist at heart allowing me to see things others don't.
• Rare: Yes, not everyone is blessed with creativity that helps things succeed.
• Inimitable: No, my creativity is unique and special to me.
• Non-sustainable: My creativity varies sometimes being better or worse.
9. My Positive Outlook on Life
• Valuable: Yes, I have a positive mentality that allows me to be stable and focused.
• Rare: No, many people have this as well.
• Inimitable: No, this can be developed over time.
• Non-sustainable: Once learned, you would have to be programmed away from seeing this way to change.
10. Connection to Successful Entrepreneurs
• Valuable: Yes, I have been surrounded my whole life by successful people.
• Rare: Yes, not many young people get raised in this culture of success.
• Inimitable: Yes, being born into a family of successful entrepreneurs is out of one's control.
• Non-sustainable: This happens by chance and is out of our sphere of influence.

I believe my top advantage is my work ethic. 

I have something in me that makes me want to work harder than anyone else to achieve more than anyone else. This allows me to work hard to be in a place for success to find me and will help me more in the future than anything else listed above. This is a resource that is found in many successful entrepreneurs and world-changers.