23A – Your Venture’s Unfair Advantage

• Human Capital: Working in sports
• Valuable: This is extremely valuable because I have an idea what the customer wants.
• Rare: Not everyone has the chance to work for an MLB team this early in their life.
• Inimitable: This could be inimitable but it is hard to get a job in sports.
• Non-substutable: This cannot be substitutable.
• Social Capital: Connections with people working in professional stadiums
• Valuable: I can learn from other's experiences. 
• Rare: I may know some people that other people do not.
• Inimitable: This could be inimitable if someone were to work in sports.
• Non-substutable: This cannot be substitutable.
• Social Capital: Contact with sports fans that attend games
• Valuable: I can hear what fans want to see when they attend stadiums.
• Rare: This is not as rare as others.
• Inimitable: Most people know people who attend sporting events.
• Non-substutable: This cannot be substitutable because of the experience of a sporting event.
• Public Speaking Experience
• Valuable: Not being afraid to get up in front of groups of people and speak about my idea and hear back with more ideas.
• Rare: Some people have a huge issue getting up in front of groups of people.
• Inimitable: It is possible but I think it is hard with the amount of people who would prefer not to do it.
• Non-substutable: This cannot be substitutable because it is based off of experience.
• Social Capital: Personal Relationships
• Valuable: Being able to share my idea with people that I know won't go behind my back to ruin it or take the idea.
• Rare: Some people do not have close relationships to go back for help
• Inimitable: There are others who could have close relationships.
• Non-substutable: This cannot be substitutable because it takes experience to build a foundation on a relationship.
• Leadership skills
• Valuable: People will want to follow me to help and reach success.
• Rare: A lot of people look for others for help and not go about something themselves first.
• Inimitable: It can be but not comparable to me.
• Non-substutable: This could be substitutable with another trait that is similar.
• Social Capital: Being apart of several groups at home
• Valuable: I will be able to get more help and even donations if my idea were to pickup.
• Rare: Some people are not apart of any kind of group and think they can do anything themselves.
• Inimitable:  Other people could be apart of groups themselves.
• Non-substutable: Can be substitutable with other groups.
• Resources around me
• Valuable: I will be able to get other ideas and tools to help me succeed.
• Rare: Not really as rare as other ideas.
• Inimitable: People could have their own resources.
• Non-substutable: There are so many resources other competitors could be using for themselves.
• Uniqueness of idea
• Valuable: My idea to this day is not on the market yet.
• Rare: I will be able to take advantage of this until someone challenges my product.
• Inimitable: People will be able to make a similar product.
• Non-substutable: I can be able to come up with more ideas to make my product more dominate.
• Research Tools
• Valuable: I will be able to use all different resources to gather more information on what I could do better.
• Rare: It is not that rare.
• Inimitable: There are so many research tools that could be used.
• Non-substutable: It could be substituted with several things.

After doing a VRIN analysis, I think that my best tool would be having the connection of working in sports.  I decided to choose this because to me, nothing can ever beat experience.  I as able to make so many connections along the way while I was also able to see what fans liked and didn't like.  I think that working in sports also pulls in more of my ideas such as my resources and connections from working in the MLB.