Adam Wolf 23A Your Venture's Unfair Advantage

1.       Location:  valuable, not rare, not inimitable, non-substitutional

2.       Knowledge in automotive industry:  valuable, not rare, inimitable, non-substitutional

3.       Social capital of networking with car manufacturers:  valuable, rare, not inimitable, non-substitutional

4.       Financial capital in the form of investments:  valuable, not rare, imitable, substitutional

5.       Provisional Patent application for device:  valuable, rare, not imitable, non-substitutional

6.       Close friends are entrepreneurs (social capital): not valuable, not rare, imitable, substitutional

7.       Local organizational culture:  not valuable, rare, imitable, substitutional

8.       Marketing, Management, and Economic capabilities:  valuable, not rare, imitable, substitutional

9.       Human capital of peers already willing to work under certain circumstances:  not valuable, rare, not imitable, substitutional

10.   Experience with negotiating large costs as practice

Additional VRIN analysis: 

The social capital resources are valuable because they provide key pathways for businesses to grow.  However, they are not rare because most entrepreneurs utilize networking.  With reference to capabilities, these are valuable but also not rare because people often share similar set of characteristics. 

Top Resource:

My top resource is location.  Location will help in numerous ways.  I live in Florida, a good location to base my product because Florida is one of the hottest states.  Also, Florida is great for crowdfunding due to the increased amount of an older population.  Living in Florida is certainly not rare because millions of people live in the state.  I have transportation resources contained within the location resource because ships come to port and trains pass by on their way across the country.