23A - Your Venture's Unfair Advantage

1.     Passion for animals:

·      V -  It’s always a valuable asset to be passionate about what you are doing. It helps bring joy to your actions and the effort you put into it will always be 100 percent.

·      R - Not everyone is passionate about what they are doing. Sometimes you just have to do what you can to get by. It’s lucky to find something that you enjoy while being successful.

·      I - Not everyone loves animals as much as I do. A lot of people just don’t like animals at all. I think that it’s hard to find a lot people nowadays that are as compassionate towards animals enough to take action to help them.

·      N - There’s no substitution for passion. You either have your whole heart into something or you don’t.

2.     Organization:

·      V - In order to keep your business in order it is always important to be organized in order to keep everything in check and prevent disasters that can occur. This will always make your work easier and more manageable as well.

·      R - Not everyone is very neat and organized so this is a great skill to have.

·      I - Some people may try to be more organized but if they are not naturally, it may be hard to keep consistency.

·      N - There is no substitution for being organized. You’re either naturally neat or messy even though you can improve if you choose to do so.

3.     Approachable:

·      V - If you are part of a business or organization it is important to be approachable in order to gain connections and attract consumers.

·      R - Not everyone is may seem friendly at first glance so it may not be something that you can find in everyone as a first impression.

·       I - Some people may try to act friendly and may just come across as pushy or fake. It is a skill you either naturally have or have to work on.

·      N -  There are no alternatives to a warm and approachable welcome compared to how other approaches make you feel.

4.     Business Major:

·      V - As a business major, I’m learning many important and valuable skills that I could use to help make my business successful.

·      R - It’s not very rare to find a business major but what’s rare is what you do with the skills you have attained.

·      I – A lot of people can get the same business degree as me since it is open to anyone who qualifies and completes the requirements.

·      N - The business degree cannot be replaced with some other degree that would gave you the same knowledge and skills.

5.     Potential supplier ready:

·      V - Every business needs its resources. With the connection I’ve just made with Anthony from Petco, I can have supplies at hand relatively quickly and always near for my business once it starts.

·      R - This connection is rare to find so fast especially since the business has not even been created yet so this is a big advantage.

·      I -  Other pet supplies stores could give me the same products but the deal they offer me may be different however.

·      N - Some products may have substitutes but others may only be sold exclusively through Petco.

6.     Potential employees ready:

·      V - Having employees readily available will help speed up the process of opening the business. This would be possible with the connection I made with Samantha from Helping Hands.

·      R - This connection is not something many people are able to find right off the bat when starting a business and will be very beneficial.

·      I - Not everyone is able to find potential employees through a connection they just made like how I have.

·      N - There are substitutes to finding employees by putting ads out for people to see and receive applicants.

7.     Human resource skills:

·      V - Human resources are an essential part to every business in order to make sure that the work environment is well as well as the relationship with its consumers. I have attained these skills from my internship this summer.

·      R - There are other people who have human resource skills so it is not an uncommon thing.

·      I - Many people can imitate the same skills that are necessary for human resources but whether they are successful is another case.

·      N - There are no other substitutes for skills specific to human resources.

8.     Determination and strong will:

·      V - If someone who owns a business does not have determination, they may easily fail if they do not fight for what they have created when times get difficult.

·      R - There are others who may be just as determined as I am to get some justice for this cause.

·      I - Not one can really imitate determination. You either have the strong will or you do not.

·      N - There is no substitute for determination.

9.     Experienced with social media:

·      V - Nowadays, everything is online or on social media. For a business to succeed, having experience on these platforms and how to use them effectively will be a great advantage.

·      R - Although a lot of people may know how to use social media, they may not know how to use it effectively for a business.

·      I - No one can imitate having experience with social media since everyone is different with how much they know about it and their style about going about using it.

·      N - Substitutes for social media awareness would be to create ads in print, on television, or on billboards.

10.  Experienced with Photoshop:

·      V - Knowing how to use Photoshop can help you make great graphics that can be used in social media, ads, and the company’s logo.

·      R - A lot of people can learn how to use Photoshop and use it so it is not uncommon.

·      I - Other people could use Photoshop like me but would not be able to copy my creative ideas especially if I have a patent on for example, the logo.

·      N - There are other programs that can be used that would do the same as Photoshop. I could also hire someone solely because of their own Photoshop experience instead of doing it on my own.

I believe that my most important venture is my passion. If you don’t have passion for what you are doing I think that that will just make you unhappy and it will also reflect on how hard you work and how you perform. I’m glad that I’m able to create a business idea in which I am so passionate about and which brings me joy. It makes the idea of going to work fun and worth it. I would get to enjoy what I am doing while also making a difference in a cause I stand strongly by.