Friday, November 16, 2018

23A – Your Venture’s Unfair Advantage


  1. I have manufacturers to produce my clothes
    1. This is valuable, but it can change and is substitutable with other manufacturers.
  2. I have the financial ability to start up my business
    1. This is rare because many startups don’t start will full financial capability and resort to loans.
  3. I have designs in progress for the launch
    1. This is valuable but it can change and is substitutable with other designs and reforms.
  4. I have the capability to design the website
    1. This is valuable; can be substituted with a professional, but it helps financially to have the skill.
  5. I have models to model the clothes I will make
    1. This is valuable; can be substituted with a professional, but it helps financially to have the skill.
  6. I have photography knowledge from past experiences
    1. This is valuable; can be substituted with a professional, but it helps financially to have the skill.
  7. I have my parent’s full support in starting
    1. This is rare and valuable because I know many people who have parents that do not approve of their dreams and goals; so to have the full support my parents give, it is important
  8. I have contact with people in the fashion industry that I have close bonds to
    1. This is rare and valuable that cannot be replaced but it can increase
  9. I have contact with businesses that source the products necessary to make my clothes
    1. This is rare and valuable that cannot be replaced but it can increase
  10. I am in the middle of learning business along with learning about design
    1. This is valuable because I understand how important it is to know business and design if I plan on running a proprietorship.


My top resource is my contact with people in the industry with close bonds to because they can help me network and get my brand going and connect me to other people in the industry as well.
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2 comments:

  1. JerrettKNovember 19, 2018 at 9:23 PM

    Hi, Challet!

    I like the variety the your resource list. I'm curious if you found this assignment difficult or easy. If so, which parts were most interesting? I found it hard to maintain variety in my post, I suppose in part because my resource base is not very broad but also due to my limited creativity. I think the diversity in your post speaks to your creativity.

    Great job!

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  2. UnknownNovember 19, 2018 at 11:09 PM

    Hi Challet, great job on this... I was wondering if this is an actual business venture you already had in place because you see to have everything together. That is awesome!. I have to agree with your top resource, especially for something like a clothing brand. If the right people aren't wearing your clothes and brining attention to your brand, then it will not grow as much as it could.

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