23A Your Venture's Unfair Advantage

1. Financial Resources
This is one of the most important resources you can have when trying to start a business. You need the money to be able start your business up. This is something I currently don't really have because I'm in college, but it is necessary to actually have before trying to start.

2. Human Resources
This is also a very important resource when you are first considering starting up a business. Most of the time you're not going to want to start up the business completely on your own. You are going to want employees to help you think of idea and get the important things done in your business.

3. Physical Resources
This is what you will need in order to keep your business alive. This means all the appropriate work space you need, working telephone, and effective marketing strategies. This is one thing that I have now and it is arguably one of the most important. 

4. Educational Resources
This is something you will need before starting your business up, and it is gaining all the education about the market you are about to get in to. This means knowing your product well and how others might want it or use it. I have a good handle on this one because of all the interviews that I've done.

5. Emotional Resources
This is also very important. Starting up a new business will be very stressful and you will need a way to relax and calm yourself and not stress to much about it. This could really be anything as long as it is something that will calm you down. For me, it would be something like going fishing.

6. Organization
When trying to start up a new business, it is very important that you be as organized as you can. A lot of stuff will be going on, and you will be doing a lot of different things so it is extremely important that all of your information is organized and easily accessible. This is something I am very good at.

7. Workplace Culture
In order to have people to want to work for you, you need to have good workplace culture. This is one of the things that is most important for people when they are looking for a new job. Obviously I don't have this right now, but it is something I would have if I tried to start this up.

8. Connections
Most people need to have connections to get everything rolling and to make everything easier when they first start up. This is something I definitely have whether it be people from my high school or people from here at UF.

9. The Product Itself
This is very important because it is what you will be selling to everyone. And if you create the proper patents, copyrights and things like that for it, it will be very hard to copy by anyone else.

10. Lawyers
This is something that will make the whole process easier for when you want to put the proper patent or copyright on your product. It will also help if you ever come into any legal trouble on the way to starting the business up.

I think that the most important resource here is the educational resource. This is because you can never be too educated about the field or market you want to join, and all the information that you possess about it is only going to help.