My Venture's Unfair Advantage
1) Experience with running a business . This is human capital that is valuable because you cannot help someone launch their own entrepreneurial concept without having this experience. It's rare because I think while a lot of people may have a business idea, or see an opportunity, they might not act on it. There are certainly others who have experience with entrepreneurship. But are they willing to share and help other entrepreneurs grow? There is no substitute for entrepreneurship experience. 2) Bringing innovative ideas to my own business . Innovation is a very valuable part of entrepreneurship, because the best ideas are recognizing an opportunity to meet a need. My businesses have gone through rebranding and refocused core values to fall in line with what is evolving as a need. I think innovation is rare. So many small businesses fail to thrive and instead just survive because they never innovate or change their practices. (Even though we know owning a small business and ...