My unfair advantage

I listed my resources that I already possess and then ranked them from lowest to highest on how valuable, rare, inimitable, and non substituble each resource is. Then totaled each one and the one that came out the highest was my top resource.

1) communication skills

- How valuable? 3

- How rare? 1

- Inimitable? 2

- non-Substituble? 3

Total= 9

2) financial budgeting

How valuable? 4

- How rare? 3

- Inimitable? 2

- non-substituble? 3

Total = 12

3) customer service skills

How valuable? 4

- How rare? 3

- Inimitable? 3

- non-Substituble? 3

Total = 13

4) personal experience

How valuable? 5

- How rare? 4

- Inimitable? 3

- non-Substituble? 3

Total= 15

5) connections in the field

How valuable? 4

- How rare? 4

- Inimitable? 3

- non-Substituble? 2

Total= 13

6) strong work ethic

How valuable? 5

- How rare? 3

- Inimitable? 3

- non-Substituble? 3

Total = 14

7) my vision of the business

How valuable? 3

- How rare? 3

- Inimitable? 2

- non-substituble? 2

Total = 10

8) likely hood to succeed

How valuable? 3 

- How rare? 4

- Inimitable? 3

- non-substituble? 2

 Total = 12

9) experience in marketing

- how valuable? 4

- How rare? 3

- Inimitable? 3

- non-substituble? 2

Total = 12

10) value of ethics wishing the company

How valuable? 3

- How rare? 3 

- Inimitable? 2 

- non-substituble? 3

Total = 11 

My top resource was the personal experience inside the field I want to start my business is in. With experience, you can't go wrong in opening up a business. It is very valuable to have personal experience because it gives you a balance knowledge of what goes on inside the business. It is also pretty rare for business owners to have personal experience inside a field before they actually decide to open the business. Person experience can put me over the edge in opening my business and actually make it succeed more than I can hope for.