I started working on my own when I was 14 and learned a lot since then. Made many mistakes, had doubts, got frustrated, was happy, did party, was sad, angry, disillusioned. The awesome Steve Blank video series helped me to sort my vision and myself. I didn't write for you, I did it for me... and you
Steve Blank - How Is Your Business Modell
What is a business model anyway and have we determined this for our own startup yet? Anyone that starts with an idea and gets carried away with it will suddenly wake up when it comes down to making money. It wouldn´t be the first (and definitely not the last) startup with a great idea to fail due to a missing business model.
We will begin with the mother of all questions on this tension-filled topic: What IS a business model anyway?
"A business model is the way a business generates value for itself while delivering products and services to its customers."
Sounds logical and easy right? Should have always been like that...but, it is not. In fact , in the past, it was about having all the functions and building the company around it. There was a sales department, a development department and you had a kind of organizational chart and just started. Since we have the "coolness" of a startup, we can go down different paths. I have released a diagram in Google Docs which you can download. There, our startup is divided into nine areas and we can note down how we think about the individual areas.
Take your time and think about the answers to each question. The more accurate you write down your answers, the clearer your next steps will be defined.
This article is written by our CEO, Bernd Korz. With his experience as an entrepreneur, he shares his vision about the lessons provided by Steve Blank. Join us every week for a new article on Steve Blank’s lectures.
More information on Steve Blank:
- alugha Videos
- Google Search
- Amazon Books
- Twitter Steve Blank
- Twitter Bernd Korz
More articles by this producer
Those who only point out problems and no solutions do not create value for their customers. Those who only bring solutions and cannot explain where the problem lies will not be able to convince their customers.
The value contribution of a start-up can be seen in different ways. Technological or market-relevant advantages are equally valuable. There are many options for positioning yourself. The only relevant thing is that you define and develop the right value proposition for yourself and offer it to your
Videos by this producer
I decided a few days ago to switch from Firefox to the EDGE from Microsoft completely after I have extensively tested it for three months. Unfortunately my entire AutoFill data has been completely destroyed. I could not find a way to delete them. Even deleting the browser data did not really help me
I took the chance on the 29th of April and have been to McDonald's for the first time since ages to try Vegan TS.. And or course as usual McDonald's should give the Oscar to their food photographer or send a very bad letter to their emplpoyees. The paddy itself is good and well done. Not as good as
Hi everyone, i´m Bernd Korz and this short film called “SANDWICH” is my submission to Google’s ‘Local Guide Summit 2016’. Everything that I do and create, I do and create so with passion and by conviction. I love my life and I love my surroundings. I am very compassionate and like to help people.