My Unfair Advantage
1) My venture is a new concept
V- It’s valuable because the tire industry is not going
anywhere. So there will be a constant flow of students for the program.
R – There’s no other programs that offer this type of
education.
I – Once the venture is noticed it would not be difficult to
copy.
N – While there are training course to educate tire
technicians on changing tires, there are no hands on programs that allow you to
be prepared to go right into the work force with a value.
2) I have existing knowledge of the industry
V – This allows me to develop a program that is suited for
real world scenarios.
R – While the knowledge I posses is not rare, being able to
adapt my knowledge into a program that allows someone to learn about a specific
part of the tire industry is.
I – Again, others could copy the concept after notoriety of
the program is out there.
N – This knowledge I have is substitutable, but the program
would not initially be.
3) After working in the tire industry I have become talented at
training for different tire technician positions.
V – This is valuable because I have hands on experience.
R – Training technicians is not rare on the job, but is rare
in the classroom. Having personal experience with the job requirements allows
me to train for specific areas.
I – There are talented trainers in every industry so this
could be copied.
N – There are currently not any programs like this that
offer this type of training.
4) I would have other individuals in the same industry work
with me to develop the program
V – The knowledge and different perspectives would
contribute to the program
R – There are currently no collaborative efforts to start a
program like this.
I – Others would be able to copy this in the future.
N – There are no other resources available like this.
5) I know people within different parts of the industry to
advertise the program
V – This is valuable to give the program credibility coming
from other professionals in the industry.
R – Knowing people within an industry is not rare
I – Initially I would have the only program offering this
type of service, but it could be copied in the future
N – There are no resources that can offer the same thing at
this time.
6) I currently have enough cash to start this venture along
with two other investors
V – This is valuable because it allows me to start the
venture
R – This is not rare because a lot of people have start up
money
I – Others can copy having start up money
N – Others could use bank loans to start their venture or
any other various types of avenues for revenue.
7) I have been a recent student. This gives me the ability to
see different teaching approaches.
V – Having this information fresh in my mind will allow me
to recognize which teaching style do and don’t work
R – This is not rare because a lot of people attend college
I – This idea is not unique to me. I’m sure other teachers
have used this.
N – There are several searches you can do online to learn
out to teach some one, but seeing different types of teaching and seeing what works
is an advantage.
8) I have the ability to use my network in this industry to
help students with job placement.
V – This creates a value to students in the program
R – This would be rare for the tire industry.
I – Others in time could copy this
N – There are job listing websites than can assist people
looing for a job. My network of individuals within this industry can make it
easier and give students options.
9) My vision for this program
V – This will create value for students entering the program
R – My vision is rare because a program like this is
currently not offered.
I – My initial concept could be copied, but my vision for
the program and the industry could not.
N – There are no other resources that can replace my vision.
10) I can see the need for this program. I have had some
feedback and people outside of the tire industry don’t see it.
V – This is valuable because I won’t have immediate
competition.
R – People not involved in this industry don’t see a need to
start this program so that makes this rare.
I – Someone can eventually see the need for this type of
program
N – There are no resources to provide the same benefits.
My most important resource is identifying the need for this
program. As I have explained in the past this is a two fold scenario. First, it
creates a career path and opportunity for an individual to earn a living.
Second, it gives the tire industry well trained and qualified technicians.
Identifying this need is something I have come up with working in the tire
industry so there’s not a large amount of people that will see this right away.
This gives me the advantage to start the program and work out any unforeseen issues
before other identify it.
Jason,
ReplyDeleteI thought you got creative with coming up with your resources. Especially the one you held most important. I have to give it to you though, I would have to agree. Many people would not have the knowledge, education, and experience that you have in this area for this venture. Good job.
Hi, Jason! You did really great work on this assignment, My Unfair Advantage.” You made the lists very clearly and easy to read. These lists you made are very good point. Your work experience in the tire industry and you are talented at training for different tire technician positions is very special and it is very good advantage for you. Great work!
ReplyDeleteJason,
ReplyDeleteI think you did a terrific job on this assignment and I loved the way you organized it. It was smart of you to put your identification of the need as your most important resource because you will not have any competition and your business will be one of a kind.
Jason,
ReplyDeleteI can tell that you poured a lot of thought and time into this post. Your organization of your resources was well presented and I found it very understandable. Your past work experiences definitely are a resource for your idea and I think that the sky is the limit for you.