Assignment 23A

List of resources:
1. Large professional network
2. Ability to adapt
3. Start up funds
4. Analytical skills
5. Friends that will support me
6. Creative minds on my side
7. Experience with the opportunity
8. Understanding people's needs
9. Large market
10. Good credit score

VRIN analysis:
1. This is a very valuable resource, as they say, it's about who you know. This isn't necessarily a rare resource though because I am sure a lot of people have large professional networks. This can be imitable because others can have the same contacts as you. This is non-substitutable because if you don't have contacts then there is nothing to replace that.
2. This is an extremely valuable resource, you can't survive without it. This is somewhat rare but not for companies that are still alive today, if you don't adapt you won't survive. This is imitable because other people can also have this ability. It cannot be substituted.
3. This is valuable because you can't start a business without money. Definitely not rare because everyone has money. This means that it can be imitated. It's cannot be substituted because you need cash to open a business.
4. Very valuable because it allows you to identify opportunities. Not necessarily rare because other people can have this ability. Cannot be imitated and can also not be substituted.
5. Very valuable because everyone needs support. Not a rare thing because every one has good friends. Cannot be imitated or replaced.
6. Very valuable because it sparks innovation. This is a somewhat rare resource because sometimes it can be hard to get creative. This makes it hard to imitate and it cannot be substituted.
7. Very valuable because if you have experience you know what you're doing. Not rare in this case because a lot of people have experience with this opportunity. It cannot be imitated which means it also can't be substituted.
8. Valuable because connecting with customers is how to grow a business. Somewhat valuable because not everyone can understand others well. It cannot be imitated or substituted.
9. Valuable because it allows you to reach many customers. Not rare because a lot of people have large markets. Can't be imitated or replaced.
10. Valuable because it allows me to take out loans. Not really rare. Can't be imitated or replaced.

After my analysis I have concluded that having the ability to adapt is my most valuable resource. It is the most valuable because it is a necessity if you want your business to survive. The world and markets are always changing so if you don't change to match what your customers want you will get left behind. No matter what situation you are in, if you can adapt you can find a way to make your product work for your market.