23A- Venture's Unfair Advantage

List of resources: 

·         Languages Spoken

·         Access to money

·         Lots of connections

·         Ability to sell

·         Social Media Expert

·         Expert team

·         Branding

·         Experience in the field

·         Experience with computer software’s

·         Internet Recognition

1.       Languages spoken- I speak three languages which does give my company an advantage because I am able to reach a wider audience when connecting with other higher level companies. Most of the members in my company will be bilingual and will be able to communicate with more customers and sponsors.

2.       Access to money- Having money gives an advantage because I’m able to start a company without taking loans. Of course it’s a risk I would have to take but if it does go as planned, it will be able to start recovering what I spent plus gaining profit at an early stage.

3.       Lots of connections- Connections are one of the most important resources one can have. Connections get you to make partnerships with other companies and hence expand the work field for your company.

4.       Ability to sell- Good salesmen can get you far in a company. I have a very charismatic and friendly personality which gets people to relate to me easily. This will be a good contribution to the work place.

5.       Social media expert- Social media is an essential part to a business. It is a start to branding for the product and provides a free and easy way to reach a wider audience. I have much experience in this field.

6.       Expert team- Many members of my team will be experts on the product and will be reliable in all aspects.

7.       Branding- Branding is a part of social media but this also includes making the logo and making the company an unforgettable name and product.

8.       Experience in the field- Experience in marketing and selling is very hard but at least I have some experience and more or less knowledge on what to do.

9.       Experience with software- Having experience in all things computer is essential to making a company because many software’s are needed to create the company’s image and manage the company itself.

10.   Internet Recognition- When looking for a product, I want to be the first thing that comes out when people type in adapters. This will help customers buy and recognize the product more than just being on like the 10^th page of a google search.

The most important resource I believe my company has is its connections. Due to the salesmen and their ability to make connections, the company will grow at a fast rate. Many partnerships will be made with other companies and we will be able to profit off of these partnerships.