Your Venture's Unfair Advantage

10 Resources

1.  I think my first resource would be our knowledgeable human capital. It is valuable because my employees need to have great knowledge to think in critical situations. They need to be able to know whether they need to apply first aid or not and how to. They also will know.  how to take care oh traffic jams by clearing up whatever is blocking the road. This is rare because there is no company that does both.

2. I think another resource we have is our algorithmic system of patrolling areas that get congested with traffic throughout the day. I think this is valuable because we have figured out a way to be within 10 minutes of any accident or traffic jam at all times in any geographic area we are located in.  This is rare because we can be to many places much faster than first responder can be.

3. The research we’ve done is very valuable because we have looked into where most congestions happen and why and came up with a method of patrolling those area more closely than others. This is rare because we will be the only company patrolling the area. This is non-substitutable because there will not be another company that has the abilities as us.

4. Another resource I hope we will have is plenty of financial capital. Having this capital will be extremely valuable because it will allowed us to take care of the high startup cost of the company and be able to direct the company in the right direction at first. After starting up the company the fixed costs will be low. The is not rare because many service companies have a similar business plan.

 5. Our customer service is a very valuable resource we have. My road warriors are always one the road driving and my customer service employees are always available to call. This isn’t rare but we strive to have a top-notch customer service system that is very responsive and gives no customer any problem. This can not be substituted by another company because we will be the first and only customer service system that provides all these amenities.

6.  Our partnership with local governments will be very valuable to the people in the area. We will be in contact with local authorities and be able to monitor traffic and accidents much better than any other service. This is rare because no other company with our abilities will have a partnership with the local government. It is not imitable because no other company will have the monitoring capabilities or access to our proprietary algorithmic system of patrolling the city. No other company can substitute our abilities or knowledge of local traffic.

7. Our Intellectual property is a very valuable resource we own. Our trucks will be able to pick up debris from the street and move wreckage quickly and safely to allow traffic through. This is rare because it usually takes a while for wreckage to be moved from accidents. It will be non-substitutable because no other truck will be allowed to have those capabilities or authority to move wreckage other than us.

8. Our sustainability goal is a something we have great pride in and puts us a ahead of other companies. This is rare because most companies in our industry just focus on profits and not a sustainable goal. Since our fee is embedded into people car registration fees, our main focus is not revenue but how to make traffic more ecofriendly.

9. Good management is a key resource we have. We have training programs for our managers so they maintain a high level of performance. This is not rare because many companies exhibit good management.

10. The mission and culture of our company is one of our biggest resources. All my employees are driven to give the best that they can. We strive to give the best service we can that’ll help prevent traffic jams around the city. We consider ourselves a first responder to traffic emergencies, even though we may not be saving lives, we are saving people time and gas money. We also are saving the environment. This is rare because our goal is not to drive profits, but it is to sustain the environment and do better for the greater good.

I think our most valuable resource is our partnership with the local government. I think that this with this connection that we will not really have any competitors in the local area. This partnership allows us to intervene with traffic jams and correct the problem. We also are able to relieve some stress off of local authorities who would usually have to monitor these traffic jams and accidents.