1. Personal capital ($), It is very valuable and rare for an individual to have personal capital. This resource is hard to imitate and has very few substitutes.
2. Friends and family, It is valuable to have friends and family that support you but it is not rare. Close friends are hard to imitate and there are no substitutes to trust.
3. Social relationships on campus, These relationships are very valuable giving you insight to life on campus but they are not rare. These can be imitates at clubs or social gatherings and have several substitutes.
4. Personal experiences, Everyones experiences are rare and valuable because they are personal. These can not be imitated or substituted, they make up or thoughts.
5. Possible investor capital, this is very rare and valuable as many ideas can not be easily funded. This can be imitated by others with connection or substituted by a loan
6. Connections with app developers, this is very rare and valuable in our technological world. These can not be imitated or substituted because they are relationships.
7. Ambition, this is valuable but not rare. Ambition is a personal trait that is hard to imitate or substitute
8. Campus resources, These are valuable at a University like UF and rare. They are hard to substitute and imitate because this is such a prestigious university.
9. Environmental knowledge, this is valuable for my idea but not rare. This can be found online. It can not be imitated because it is personal and there is no substitute to knowledge.
10. Desire for a cleaner earth. This isnt valuable nor earth but essential to my idea. This can not be imitated or substituted because it is a personal belief.
I believe the most valuable resource out of my list is my own personal capital that could be invested. Very few people have extra capital which would give me a huge advantage.
Alex, I think you did a good job identifying some valuable resources in human capital, social capital and, experiences. It was good that you talked about some of the campus resources and connections you have that could be valuable for your company. It is also good how you talked about you have access to some money via investors and personal capital.
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