Resources:
I have access to human capital in the form of connections in the construction industry as well as someone who works with drainage systems.(knowledge of construction is valuable,not rare, not inimitable, other workers exist, could be substituted by others)
Access to modern discovery within the industry(discoveries are valuable as they propel progress, rare within the industry, valuable, but not inimitable.)
Will create a team dedicated to finding new discoveries to patent and improve facilities(valuable, rare, and inimitable while the patent lasts, non-substitutable)
Ability to create facilities from scratch rather than incorporate into already existing facilities(valuable because I won’t be restricted by past infrastructure,not rare, non-inimitable as others could start as well, not substitutable)
Future ability to recycle forms of water such as urine(valuable as it will increase recyclable forms of water, rare as many facilities don’t have this capability, non-inimitable, non-substitutable)
My most valuable resource will be the team I will create in order to discover further techniques to recycle forms of wastewater.
Hey there Jon, from the look at your list it seems you have a lot of resources that make your venture have an unfair an advantage. The fact that you have connections and knowledge in this industry already is amazing. I agree with you that your team will be your most valuable resource because you guys will be able to brainstorm and create the best techniques to recycle waste water.
ReplyDeleteHey Jon, I think you did a very good job of elaborating upon each of your resources to give a clear argument for why they are assets for you. I think the one aspect you could have explained a little more clearly is how you would create a team dedicated to finding new discoveries. Other than that I think this was a good post.
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