Monday, March 21, 2016

My Unfair Advantage

1) Me
VRIN: I am unique just like anyone else which gives me a different perspective. Basically the VRIN definition.
2) My contacts through friends and family friends
VRIN: The contacts that I know aren't 100% unique to me because other people can know them but the combination sets me apart.
3) Likability across different individual groups
VRIN: Again this is the same as #1 now looking back on it so the same as the first point.
4) Everybody has to ship things
VRIN: Literally everyone ships which makes this important and valuable but people can ship through other companies.
5) Lots of people are upset about shipping prices and damaged items
VRIN: A lot of people have many complaints which makes this important and valuable but not all people have issues.
6) Fun friendly young environment
VRIN: I find that especially the millennial age like to work in places where it is relaxed which makes it valuable but it isn't that rare now a days.
7) Technological copyright of the app
VRIN: The app being proprietary would be very rare and valuable because no one can copy what we do. Honestly I believe that this is one of the most important things.
8) Convenience
VRIN: The convenience is valuable but not rare or inimitable.
9) Experience in shipping a lot of things
VRIN:Me being good at shipping things again isn't very rare.
10) Willingness to work hard to get it done
VRIN:This is kind of a hard thing to quantify where everyone in entrepreneurship has.

My most important resource is the app itself because it optimizes the rare, valuable and inimitable thing because its proprietary.

1 comment:

  1. Hey Garrett!
    I believe your idea really fits into the growing online economy in our society. More and more people are transitioning to primarily online shopping simply for convenience . And if it is convenience they are searching for, your app defiantly delivers. I think one of the most important topics you covered was the problem of shipping costs. Many times I have gone to checkout on amazon only to delete my whole cart because shipping was going to cost twice as much as my items. Great work!

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