Final Class - 20/03 - YOUR Business Model

The outcome of today's session:

Crowdsource validation of your Business Model

Business Model vs. Business Plan

"In the New Economy it means: What does a company do? How does a company uniquely do it? In what way (ways) does the company get paid for doing it? How much gross margin does the company earn per average unit sale?"

Business Model Generation - a handbook (there is a free online version).

Validation:

1. Customer sources - sources risks

2. Revenue sources - risks

3. Additional revenue opportunities

4. Business differentiation

5. E-business attributes - online sources of customers + revenues

6. Realistic Growth + sustainability

7. Social responsibility component

Have a colleague take notes online for you...