23A – Your Venture’s Unfair Advantage

23A – Your Venture’s Unfair Advantage


1. I am devoted to perfecting the real time feature.
 this is valuable because will really need this and it won't make them waste their time looking for a parking spot.

2. I have real experience with the issue.
This is valuable because I can use my point of view to perfect it.

3. I work for Aramark.
This can help with the issue with how to perceive it. I can use employees as crash dummies.

4. I am a UF student.
I am  third-year student. This will help with knowing the times of parking and setting up the app.

5. I have technological experience.
This will help with developing the app and help with marketing it on the internet.

6. I know a lot about Apple IOS.
This will help with developing the app and knowing how to put it on the IOS market.

7. I am part of a fraternity.
This helps because they will be supportive of me and they can help me create a team to start with the real time feature and keep it updated.

8. I am a business major.
This can help me know how to market my product and get sponsors.

9. My girlfriend is a telecom major.
 She can help me with finding ways to advertise my app. Starting with the radio station.

10. I am very creative.
This will help with the designing of my app. IT will help it be aesthetic and it will grow faster.

IMPORTANT: The most important detail I believe I got is me being a UF student. I am a third- year now and I know the lifestyle on campus. I know the parking very well. I have never got a ticket. I can make this app very student friendly.

Comments

  1. Jacob JenkinsApril 12, 2020 at 10:45 AM

    Hi Tommy, I enjoyed going through your list and I think you chose a lot of good strengths that would help your startup succeed. The one thing I would improve is that you did not do a VRIN analysis for each point. You mainly explained why each one was valuable, which you did very well. However, you did not explain how they were rare, inimitable, or non-substitutable. I agree that being a UF student is a big advantage for your startup, and I can see why you chose this as your venture's unfair advantage.

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