All Blog Posts (548)

How To Increase Employee Engagement on "Dirty Jobs"

Employee engagement and the burn-out syndrome are among the most discussed topics in the human resources and business fields. And rightly so... Imagine you find the perfect candidate, hire them and everything is well, until they start to burn-out. Replacing them is not an option, because you…

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Added by Dana Barker Davies on March 26, 2015 at 1:00pm — No Comments

How to Implement Timothy Sykes’s Business Model

Everybody knows this guy. He is famous for turning his bar mitzvah money into $1,65 million by trading penny stocks. But he is even more famous for his investing courses and occasional brawls with other celebrities like Shaquille O’Neal or Justin Bieber. Unfortunately media focuses more on his bachelor lifestyle, than on the business model he used when he became one of the youngest millionaires in the US.

 

Importance of Understanding Current Market…

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Added by James D. Burbank on March 25, 2015 at 7:30pm — No Comments

A New Way to Look at Eric Ries's Vision-Strategy-Product (VSP) Pyramid: The Lean Plan

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“A Lean Plan is the modern vehicle for rapidly translating a vision into reality”

Rod King

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Tucked away in Eric Ries's seminal book, "The Lean Startup," is probably the most important tool in the Lean Startup Methodology. It's on page 23 of “The Lean Startup” and it does not even have a formal name in the book. I and other people have called it,…

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Added by Rod on March 25, 2015 at 3:00am — No Comments

LEAN STORYBOARDING: Successfully Facilitate Lean Improvement and Innovation Projects

(WARNING: This is a concept paper on the emerging paradigm of Lean Storyboarding. Some readers may find this article unusually long. But …)

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“The Lean Startup isn’t just about how to create a more successful entrepreneurial business; it’s about what we can learn from those businesses to improve virtually everything we do. I imagine Lean Startup principles applied to government programs, to health care, and to solving the world’s greatest…

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Added by Rod on March 16, 2015 at 9:00pm — No Comments

BMC in Ecuador

Hi community. My name is Tamara Tapia, from Ecuador. I'm novice in business model canvas and I have in my hands the challenge of helping a new musical studio in designing its value proposition and its business model. Big challenge since I'm not exactly a musical expert (just a bath singer); so I will share my experience here. Glad to hear any suggestion.

Added by Tamara Tapia on March 9, 2015 at 10:26pm — 1 Comment

5 Steps To Stay On Track With Your Business Goals

If you own a small business, or you plan to start one in the course of this year, then you most certainly have made a rough (or a really detailed) annual business plan, or at the very least, you have put together a list of goals to accomplish by the end of the year. And this of course is all very well and much needed in order to make progress and achieve success in your field. However, as important goal setting is to business and self-development, the tricky part is actually keeping up with…

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Added by Margaret Swanton on March 9, 2015 at 10:00am — No Comments

Lean Startup Snowman for Lean Change & HR Management: Minimize Project Risk and Failure

Living systems including organizations must change or adapt in order to survive as well as grow. However, as we know all too well, change is not easy. In fact, the greater, radical, or more structural the proposed change, the greater the risk of failure. Perhaps, no area demonstrates more failure than the domain of Change Management in business. Large-scale Change Management projects in organizations are notoriously time-consuming and…

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Added by Rod on March 4, 2015 at 6:30pm — No Comments

Six Ways to Add Value to the Business Model Canvas

The business model canvas (“BMC”), proposed by Osterwalder and Pigneur in 2010, is a very powerful toolset to describe and develop business models. Not only does it help understand how a given business works today or may work in the future, it can also be used as the foundation for developing and / or enhancing a company’s operating model, that is, describing its functional landscape, its organizational structure and governance, its deployment of capital, and its…

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Added by Claude Diderich on March 2, 2015 at 5:54pm — No Comments

Business DNA Clock for Investors, Lean Startups, and Product Innovators

*** Why I’m No Longer Using Steve Blank’s Thermometer for the “Investment Readiness Level” ***

On November 25, 2013, Steve Blank wrote in his blog an article, "It’s Time to Play Moneyball: The Investment Readiness Level." I really loved the article especially as it focuses on evidence-based entrepreneurship.…

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Added by Rod on February 21, 2015 at 7:15pm — No Comments

What you need to know about small business finance

Undoubtedly, launching or running a small business is not a cheap endeavor. From investing in inventories to buying new furniture, small business owners need capital to keep their business on right track. However, small business owners have a variety of options in terms of finding a lender. Bank loans are one of most important sources of lending for small businesses when it comes to support or grow their enterprises followed by credit line and personal loans.



Before small business…

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Added by Tim Scott on February 20, 2015 at 11:14am — No Comments

The Model You Need

Let’s assume you – the leader of ‘me.com’ – that is, your organisation, business, or department – are clear on the following, and that you continuously live them and communicate them, AUTHENTICALLY, to your Team, Clients and stakeholders:

  • Your WHY – your PURPOSE and the source of your PASSION
  • Your DIRECTION – what success will look like, and the route you will take, including milestones

Now it’s time to start thinking about your ORGANISATION – how you will…

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Added by Stephen Spencer on February 19, 2015 at 6:52pm — No Comments

How to know if our pricing strategy is appropriate?

In the current scenario of saturated and highly competitive markets, prices conventional policies do not bring the expected results to the income statement, such as calculating costs and adding a mark-up,, or fix our prices depending on the price competition. Maybe in the famous phrase, "only fools confuse value with price", resides one of the keys to why conventional policies no longer have the expected results. The price is an objective variable, marked by a series of mainly…

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Added by Alfredo Fernández on February 16, 2015 at 9:00am — No Comments

BUSINESS DNA PLAYBOOK: 1-Page Visual Summary of the "Business Theory of Everything"

It is estimated that there are over 10,000 books that are published each year. No doubt, there are myriad ideas, theories, and tools in business. However, these business ideas, theories, and tools are fragmented and do not "speak" a common languageSpecialists from different domains struggle to collaborate or speak a common language for business improvement and innovation projects. Consequently, people in business spend a lot of time and money to understand and…

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Added by Rod on January 30, 2015 at 9:30pm — No Comments

First shot at a social business model

Learned there needs to be sort of evolution:

  • First of all visualize what I have in mind - to get some insight in the big picture
  • Then use the Lean Start-up Canvas - to guide experiments and defining the real problems to solve
  • Followed by the BMC to iterate and investigate the eventual Business Model and keep innovating.

So here we go, this post shows a first thought of the project I'm trying to launch:…

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Added by Patrick Verdonk on January 26, 2015 at 12:20pm — No Comments

Business Model in Tamil

Dear BM Hubers

I am off to India in a few weeks to the city of Chennai where Tamil is the local language. Friends of mine have asked me to run a pro-bono workshop on BMG for some high school students. To make it as simple as possible and to have it interactive, I will be using only a total of five (5) slides of which three (3) are in both English and Tamil. The idea is to give handouts of slides 2 and 3 to all participants so that they can use this, share and teach others the basics…

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Added by Cheenu Srinivasan on January 26, 2015 at 12:17am — No Comments

How a Business Can Gain From the Expertise of a Motivational Speaker

Keeping your employees and co-workers motivated is important for the business to continue moving forward. It’s common for some companies to reach a stagnant state, which can halt the momentum and sometimes even form a rut. In order to get out of that rut, motivational speakers can be hired to get your workers excited about their mission. You can think of expert public speakers as the spark plug to get everyone jump started into the mindset for success.  If you find your employee morale…

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Added by Norah Abraham on January 21, 2015 at 5:59am — 1 Comment

DNA Lean Canvas: How to Quickly Correct Ash Maurya's "Logical Mistakes."

In the Lean Startup world, Alex Osterwalder's Business Model Canvas (BMC) and Ash Maurya's Lean Canvas (LC) are the most popular tools especially for documenting, testing, and validating business model hypotheses. However, there are polarizing views on the content and…

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Added by Rod on January 13, 2015 at 5:30pm — No Comments

Who is end of tenancy cleaning suitable for?

It is the main service we offer and as such, we cannot afford to compromise on quality. Over the years, we have learned a thing or two about house cleaning and are keen on exceeding your expectations too, just like we have done with many a happy client before you. To learn more about us, simply click the About Us button at the top of any page.

Our end-of-tenancy cleaning service is a comprehensive package of compulsory activities and optional extras to deliver a truly…

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Added by Harry Damer on January 13, 2015 at 3:20pm — No Comments

Creative Working Space in Basel

If anyone if looking for a good location in Basel for workshops, meetings, presentations and innovation & brainstorming sessions, come by and check out launchlabs!

Our innovationloft in Basel is an inspiring space where start-ups and freelancers, art and business meet. A space that brings together the kind of minds, methods and materials that make a Design Thinking and Lean-Start-Up culture come alive.…

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Added by Monica Scott on January 13, 2015 at 1:41pm — No Comments

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