- Valuable - yes because I talk to lato of people and they share their opinions
- Rare - no because a lot of people go to the gym daily or regularly
- In imitabile - yes but most people won’t do it
- Non substitutable - you won’t know unless you go to the gym
2. I am good with computers
- Valuable - very useful in helping in the development of the app or program
- Rare - no, a lot of people nowadays are good with technology
- In imitabile - yes quite easy for someone to devote time and learn how to use technology
- Non substitutable yes but not exactly
3. I have been to various gyms
- Valuable - very important because I have seen many set ups and environments
- Rare - not that rare since someone else can do the same
- Inimitable - if someone has the time to do so
- Non Substitutable - experience and exposure to other environments are essential
4. I go to the gym at varying hours
- Valuable - important to see if this issue occurs at all times or just during certain hours
- Rare - a lot of people go to the gym at a certain time to so I would say it is rare
- Inimitable - very imitable and not hard for someone to do
- Non Substitutable - same as others, very good to have exposure
5. I used to work at a gym
- Valuable - very good to have experience in how a gym runs and what goes on behind the scenes
- Rare - not a lot of people can say they’ve worked at a gym
- Inimitable - one can apply but that does not mean they will get the job
- Non Substitutable - no it is not
6. I used to have a business mentor that taught me about business and gave me insights
- Valuable - the most valuable asset on this list
- Rare - very rare to find someone who is willingly to share information
- Inimitable - not very likely
- Non Substitutable - not enough books can teach you what someone else can in my opinion
7. Very motivated and always working towards something
- Valuable - I think on order to start up and run a business you have to be motivated and work towards it day in and day out
- Rare - rare for people in our generation to work towards their goals
- Inimitable - can but not many will
- No. Substitutable - consistency is key and will get you places
8. University of Florida
- Valuable - education is important and very valuable
- Rare - not really. A lot of people are educated
- Inimitable - with hard work it’s attainable
- Non Substitutable - nothing can replace education
9. I am a pilot
- Valuable - yes because it’s an extra skill I have acquired
- Rare - not many pilots are also into business so yes
- Inimitable - very hard to pursue but not impossible
- Non Substitutable - no experience in business can teach you how to fly
10. I am also a flight instructor
- Valuable - yes because I teach students and I am able to read body language and see what makes people react in predictable ways
- Rare - at my age yes
- Inimitable - harder than becoming a pilot
- Non Substitutable - it has taught me more than anything else has
I think after finding 10 good things that add value to my idea, I would have to say that having past experience working at a gym, being good with computers, having connections with business entrepreneurs that are already successful are the top things that I can capitalize on and expand
Hi Jorge,
ReplyDeleteI think you put together a very good list of personal ressources. I agree with you that the combination of these 10 ressources make you able to succeed in the best possible way. Though I think your ressources connected to you spending time at the gym and have been in various gyms are the most important for your business.