Resources in my venture:
1. International student background
Valuable: Very important because I can identify with my applicants
Rare: not everyone is an international student
Inimitable: you have to come from a different country to understand this
Non-substitutable:
2. A unique program, no competition
Valuable: it is a win-win situation for the company and the international student
Rare: this opportunity is hard to find
Inimitable: this might be imitable at some point but it will benefit others so I am not competing against anyone
Non-substitutable:
3. Volunteering experience within the program
Valuable: understand that this is to make a change and not to make a profit out of it
Rare: not rare but it is fine by me
Inimitable: the more that we can imitate the better because then we make a social impact in the world
Non-substitutable: anyone could be able to participate
4.Empathy and interpersonal skills
Valuable: it will remind me why I am doing this
Rare: not that rare
Inimitable: not everybody cares about other people. Once they get a position, they forget where they came from
Non-substitutable: it is a part of how you develop yourself and what you think of people
5. Emotional intelligence
Valuable: so important to be self-aware of your strengths and weaknesses
Rare: not so many people take time to analyze themselves
Inimitable: it takes time to fully know yourself. A lot of reflection
Non-substitutable: it is something that people cannot teach you
6. Public speaking
Valuable: to pitch the idea to students and partners
Rare: very common
Inimitable: it comes with practice but it is imitable
Non-substitutable: it is substitutable but so important to have
7. International connections
Valuable: reach out to other people to understand better cultures and other opportunities abroad, maybe
Rare: not so many people know people from 95+ countries
Inimitable: it is hard to imitate as you have had to be exposed to such a network
Non-substitutable: not a lot of people have had the opportunity
8. Extended network
Valuable: reach out to people to have a better insight into their recruiting process
Rare: it is a matter of time
Inimitable: with time and meaningful interactions people can develop this
Non-substitutable: not everyone has the same network as others
9. Interpersonal skills
Valuable: it helps to connect people with great opportunities
Rare: not everybody wants to know everyone around them
Inimitable: it is part of someone's personality
Non-substitutable: it is more natural for some people
10. Cheap to start, not a lot of resources needed,
Valuable: because it could start as soon as people are willing to help out
Rare: not so common because a lot of ideas are expensive, but not this one
Inimitable: it is important to realize that it is hard to initiate this because of laws and external forces, but not impossible
Non-substitutable: there is no other program like this one. I wish there was one!
Hello Gerardo! I liked your different resources and how they contributed to your overall company. I especially liked the public speaking because I think this is very valuable to have as a resource since we must learn to speak to others without feeling scared and must be confident. You did a nice job explaining each of your resources. Great job overall!
ReplyDeleteHey Gerardo, it looks like you are equipped with very valuable resources that will help you contribute to your organization. In particular, I think that your international network connections will be a huge benefit for you in this case to potentially find more opportunities abroad. Overall, great job.
ReplyDelete