business model
How To Convince Investors That Your Business Model Will Work?
By Martin at April 22, 2015 | 12:11 pm | 0 Comment
How do you convince investors that your business model will really work, before you have a revenue stream that exceeds your expenses? Even if you are bootstrapping your business, and you are the only investor, you should be asking yourself the same question. Too many founders have learned that passion and free beta products do not imply a sustainable business. Proof of more...
The Four Stages of Market-Focused Reinvention For Startup
By Martin at April 5, 2014 | 8:41 am | 0 Comment
You will be pivoting your business in your lifetime, whether you are a new startup, or a mature company like Motorola or IBM. You can count on it and plan for it, or you wait for the next survival crisis brought your way by this rapidly changing world. You can even give it a more elegant name, like “market-focused reinvention,” but it won’t be graceful if you more...
Business Financial Model Tips For Your Startup Company
By Martin at September 7, 2012 | 8:33 am | 0 Comment
Most entrepreneurs tend to avoid this area of the business, and as a result are badly surprised by cost realities, and investor expectations. They seem to think that financial projections are simply invented numbers for investors, and not useful. In reality, it’s like jumping in your car for a long hard drive with no destination in mind. Chances are, you won’t enjoy more...
How To Select Right Business Model For Your Startups
By Martin at May 30, 2012 | 8:44 am | 0 Comment
For survival, the objective of every business should be to bring in revenues which exceed their costs. Even non-profits have to do this to cover overhead costs, unless they rely totally on donations. Yet I continue to see business plans, or even talk to founders, and can’t find the specifics of the business model anywhere. As Guy Kawasaki says in his book “The Art more...
How To Test Business Model For Your Startup
By Martin at May 15, 2012 | 8:28 am | 0 Comment
You can’t succeed in business without an operational model that delivers value to customers at a reasonable price, with an underlying cost that allows you to make a profit. There are no “overrides” – for example, businesses don’t thrive just because they offer the latest technology, or because everyone wants to be “green, or because their goal is to reduce more...
Improve Your Business Model Via Business Model Generation
By VisionwizTeam at March 6, 2012 | 9:15 am | 0 Comment
Now you can join the 100,000+ business model innovators including entrepreneurs, consultants, CxOs, coaches, and small business owners who are already using the Business Generation's Business Model Toolbox to innovate their business. What Is Business Model Generation ToolBox? The Business Model Toolbox would help you to map, test, and improve your business ideas more...
How do you go about proving the business model?
By Martin at April 18, 2011 | 10:24 am | 0 Comment
Many entrepreneurs work hard on the proof of concept (technical), but skip any proof of the business model (revenue flow). In other words, once they are convinced that the product works, they assume their price, sales channel, and marketing will bring in the customers. These days, the technical side may be the easy part. Proving the business model requires a different more...
Successful business model for your company
By Martin at January 30, 2011 | 5:59 pm | 0 Comment
You can’t succeed in business without an operational model that delivers value to customers at a reasonable price, with an underlying cost that allows you to make a profit. There are no “overrides” – for example, businesses don’t thrive just because they offer the latest technology, or because everyone wants to be “green, or because their goal is to reduce more...
