Some of the resources in my venture include:
1. Social capital (knowing people in the industry)
V- social capital is very valuable in a business venture because it's good to know other people in the industry that can help you out when you need it.
R- this resources isn't necessarily "rare" as many different companies know people in the industry.
I- this is something you can't really "copy", but other businesses can definitely find people in the industry to connect with.
N- there is no other resource that can take the place of knowing people in the industry.
2. Financial capital (financing to get the venture started)
V- this is extremely valuable since almost all business ventures need financing to get started.
R- this isn't rare, unless you're a student or someone just starting out that may not have funding.
I- this also isn't something that people can copy.
N- there's not really any other resource that can replace this, as all businesses need funding.
3. I have the quality of perseverance
V- I would say this is valuable when starting out because it may not work out the first time, or it may take a while to gain traction and you need to be patient with the process.
R- I would say this is a little rare because most people want instantaneous results.
I- people can't really "copy" this.
N- there's not really any other resource that can replace this.
4. Educational capital (knowledge of the industry)
V- This is valuable because it'll make starting and succeeding in your business venture easier.
R- This isn't very rare because many people can gain knowledge of their industry.
I- this also isn't something that people can copy.
N- knowledge of the industry is irreplaceable.
5. Human capital (people I can recruit as employees)
V- this isn't really a necessity, since some startups are done solo or with a very small group of people.
R- this also isn't very rare, as it's easy to recruit people.
I-this also isn't something that people can copy.
N- since human capital isn't really necessary (at least at first) it could probably be replaced with other resources.
6. Emotional resources (a great support system)
V- this is valuable for when you're first starting out, because it can be very stressful.
R- this is somewhat rare because not everyone has a good support system.
I-this also isn't something that people can copy.
N- I would say nothing can replace a good support system.
After reviewing all of these, I would say that financial capital is the most important since you need money to get started, and not everyone has the money needed to get started.