Tuesday, March 22, 2016

My Unfair Advantage

1. Independence
My independence would be part of my human capital. I feel like this is special as a 19 year old because a lot of people my age are just now leaving their parents are learning the ropes. I lived alone a lot majority of the time in high school, and since then I have had a strong sense of independence. This is not substitutable because I don't rely on other people and I push myself to achieve greatness on my own.

2. Calm
I would consider my ability to stay calm a valuable piece of my human capital. Especially in the business world. This is rare because not everyone can handle stress without acting frantic. I feel like I am able to stay calm, clear my thoughts and think rationally in stressful situations. This isn't substitutable because it's all about a person's personality and mind set. Not everyone can handle a stressful situation.

3. Ambitious
Being ambitious is a valuable piece of my human capital because this trait is what pushes me to strive for greatness. Some may just settle for something that works and is satisfactory, but my ambitious attitude wants to do things the best they can be done. This isn't substitutable because it's a drive in my motivation. Being ambitious motivates me to do great things.

4. Honest
Honesty is a valuable trait to find in people because they typically tell people things that they want to hear out of their own self interest. I don't do this because I hate lying, it gets you no where. I feel like honesty is the best policy because in the end it will come back to you in a negative way. This isn't substitutable because it's all about the morals of a person. With this I would hope my customers would have more trust in me,

5. Empath
I feel I'm empathetic and open minded so I am able to put myself in other people's shoes and see it from their perspective. This is valuable and rare because it is hard to get out of your own mind to try and understand others perspectives. This is a good trait because I would be able to relate to customers better and understand their wants and needs. Not everyone can open their minds to try and understand others.

6. Organized
I like things to be organized and laid out for myself so my thoughts are clear and I'm able to see everything. This is valuable because I can apply my desire to be organized to my business idea. I want to have an app in my venture so I by being organized, I can apply that to the design of the app. It will make it more user friendly and people will want to use a nicely organized app.

7. IB diploma
I strongly feel that my IB diploma has helped strengthen my human capital more than anything. It has opened my mind to so many different subjects and idea. I was exposed to diverse cultures in class and was stepping far outside my comfort zone. All of my experiences in the IB program are not substitutable.

8. Risk Taker
Part of my human capital includes me being a risk taker. I always want to try new things an step outside my comfort zone. I feel that this is a great trait as an entrepreneur because I'm not afraid to try something new and fail. I know by taking risks I can fail, but I could also succeed and great things could come from it. It's difficult for people to step outside their comfort zone which is why I feel this is valuable and non-substitutable. 

9. Leadership
I feel that I can take control of a situation or project with my sense of leadership. This is valuable because a lot of people tend to conform when in groups, but I am able to take control and lead people to form their own opinions. With this I can encourage innovation in group work. This is not substitutable because not everyone will take a stand and lead a group positively. This is important in starting a business to people able to lead people.

10. Creativity
I wouldn't say I'm the most creative person but I am able to think outside of the box a little bit and put creativity into my work. This could put me at a competitive advantage against competitors if I am able to think of a creative way to attract customers.

TOP Resource
All of the resources that I named had to do with my human capital. I felt that this was easiest to establish about myself. I would say my top resource would have to be the fact that I take risks. I feel that this is so valuable in the business and entrepreneur world. Taking risks are how you are able to grow, try new things, and stand out from the rest of the competition. You'll never know how far you can go unless you take risks in the process. 









 

2 comments:

  1. Hello Rachel!
    I found that we have similar things in common. However, I love your #8 resource. I’m envious of it. Being a risk taker is unique. When I take a risk, it is extremely well calculated. Except, it isn’t really called a “risk” then. There are times that I can just go out of my comfort zone, but the truth is, it’s tough. You should check out my list at: http://entuf.blogspot.com/2016/03/my-unfair-advantage.html

    ReplyDelete
  2. Rachel, I liked your post. I think your IB diploma does set you apart because it adds you to an ever growing network of people who also have that exclusive diploma. You also did a good job of talking about your personal strengths. Check out my post: http://entrepreneurshipwithq.blogspot.com/2016/03/my-unfair-advantage.html

    ReplyDelete