1) Describe five ways in which you think you have human capital that is truly unique.
o Prior experience operating my own online business where I was able to achieve $8,000+ in sales
§ I think this prior experience has allowed me to learn a lot about how to run a successful business and the importance of marketing/communication.
o Prior experience studying business in Madrid, Spain, which allowed me to develop a sense of global cultural awareness in understanding different markets
§ This experience opened my mind and allowed me to identify opportunities available in markets outside the United States, which could potentially provide expansion opportunities for my businesses in the future.
o Strong Financial/Statistical Data Analysis Skills
§ Operating my own online business required me to learn/develop financial and statistical data analysis skills through tools such as Excel and QuickBooks.
o Fluency in both English/Spanish
§ This allows me to be a better communicator and to reach a larger audience of people with my product.
o Self-Motivated with a strong work-ethic that allows me to overcome anything that gets thrown my way
§ In starting up a company, having a strong work-ethic is very important as you will experience many obstacles and challenges and you must have the right mindset to become successful and overcome these hardships.
2) Interview Summaries
o Dad: The first person that I decided to interview was my dad. He mentioned that my competitive nature and work ethic would allow me to become successful as I always am working on bettering myself through learning different skills and exposing myself to new opportunities. https://soundcloud.com/javi-chacon-358244547/dad/s-0Gqdy
o Mom: The second person that I decided to interview was my mom. She also mentioned my strong work-ethic and my attention to detail and related that to my online business that I operate. She stated how my online business allowed me to grow and develop key analytical skills. https://soundcloud.com/javi-chacon-358244547/mom/s-vf1ey
o Brother: The third person that I chose to interview was my younger brother. Again, he mentioned my strong and determined work-ethic and my self-driven nature. He also mentioned something new, stating how I am a thoughtful thinker and make sure to think of the consequences of actions before deciding what decision to make. https://soundcloud.com/javi-chacon-358244547/brother/s-jTq5U
o Roommate: The fourth person that I chose to interview was my roommate Pedro. I have known Pedro for almost 10 years and he mentioned that I am a logical thinker and make sure to think from different perspectives before making a clear decision. My background in finance and data analytics is also mentioned as a unique strength to me that would allow me to become successful as an entrepreneur. https://soundcloud.com/javi-chacon-358244547/pedro-dahl-roommate/s-Fq9B3
o Roommate: The final person that I chose to interview was my other roommate Randimal. I have known him for 10 years as well and he mentioned my logical thinking and background of finance/data analytics as a major strength unique to my human capital. He thinks that my background operating my own online business will do good and serve as a unique experience that will allow me to become more successful in the future. https://soundcloud.com/javi-chacon-358244547/randimal-fonseka-roommate/s-nn9Qs
3) Reflection
o After conducting all 5 interviews, I can see that, for the most part, most people tend to agree with the unique attributes I bring to the table relating to human capital. My strong work-ethic was mentioned frequently and that allows me to become laser-focused on tasks thrown my way and that is especially important for an entrepreneur because there will be many challenges early on. There were not any clear differences that I could identify, as all of my interviewees pretty much painted the same picture of my skills/knowledge unique to my human capital. I think that my interviewees were all very accurate with their reflections of my human capital and even though new things were mentioned (such as my logical thinking skills), I wouldn’t really update the list as I feel the five that I have identified are the ones that make me the most unique and that are my strongest abilities.