23A: Your venture's unfair advantage
1. Trilingual : I am fluent in Spanish, French, and English. · Valuable: substantially valuable. My communication limits are expanded by speaking three languages. · Rare: this is relatively rare. Only around 13% of the population are trilingual. · Inimitable : this human capital can be imitated, but it will take time and discipline to achieve such result. · Non-substitutable: people could learn different languages and become trilingual, but each language is unique and hence non-substitutable. 2. Lack of competition: what makes this venture unique and special is the lack of competition which allows me to serve customers better · Valuable: extremely valuable. It allows me to provide a unique service · ...