... where visionaries, game changers, and challengers discuss business models
Traditional Business Planning theories and tools are becoming obsolete. Traditional Business Planning theories and tools are not keeping pace with the high rate of change and innovation in the startup world. Many startups are no longer using traditional business plans. Many startups do not formally start with applying Porter's Competitive Strategy or Value Chain. For the many billion dollar startups that…Continue
Added by Rod on April 27, 2015 at 5:30pm — No Comments
The late Peter Drucker once said, "The purpose of business is to create and keep a customer." How wise!
And what a customer-centric presentation of a business's main goal especially for startups: create and keep customers. But, how can entrepreneurs as well as startups rapidly and inexpensively acquire, retain, and grow customers?
To answer the above question, this article introduces the concept…Continue
Added by Rod on April 23, 2015 at 7:30pm — No Comments
Starting a family restaurant can be a wonderful way to bring your clan together. However, rush in without the right research and your venture could tear your family apart. Read on to discover how to launch a successful family restaurant.
Make a Plan
Gather your family members and make a plan for your business. Think carefully about the food you’ll serve and your preferred restaurant style. Consider the dishes you enjoy and the restaurants you frequent. If your…Continue
Added by pritam on April 17, 2015 at 11:00am — No Comments
It would not come as news to many that use of the traditional business plan is steadily declining especially in the world of Lean Startups.
Some advocates in the Lean Startup world have even issued a war cry: “Burn the Business Plan!” But, should the business plan be burned?
Right now, we simply do not know whether the business plan should be burned. We…Continue
Added by Rod on April 14, 2015 at 5:15pm — No Comments
"The art and science of invention can be effectively learned as well as taught." Rod King
Almost twenty years ago, there was a polarizing argument in the magic (conjuring) community. Some magicians were arguing that invention of magic tricks could be learned but cannot be taught. In other words, learning to invent takes place mainly through tacit knowledge and experiential learning. Other…Continue
Added by Rod on April 11, 2015 at 10:00pm — No Comments
For most solopreneurs, marketing and sales are tough. By definition a solopreneur hates working with other people. The idea that you now have to go out, contact them, interact and convince them of your worth is truly painful. And by go…Continue
Added by Tim Rudkins on April 7, 2015 at 3:17pm — No Comments
The computing industry has transformed and continues to transform our lives beyond our wild imaginations. In spite of its transformative power and accelerated rate of change, the computing industry evolves just like other industries as well as living organizations. Products, services, industries, and business models continuously emerge and compete to ideally solve B.U.M.P.S.: Big Urgent Market Problems.
The fractal model of…Continue
Added by Rod on April 4, 2015 at 7:30pm — No Comments
I have moved the list of certified trainers to the Blog Section to keep thin formation accessible to anyone who may wish to link with a resource support.
Australia: James King: email@example.com
Belgium: Matty Paquay: firstname.lastname@example.org ; Bruno Wattenbergh: email@example.com
Brazil: Fabio Nunes:…Continue
Added by Mike Lachapelle on April 3, 2015 at 1:30pm — No Comments
"Every system undergoes continuous iteration from the complex through the simple to nothingness while getting its job done. Otherwise, the system dies." Rod King.
There are two distinct approaches on the spectrum of business modeling: "Fat" Business Modeling and "Lean" Business Modeling. "Fat" Business Modeling includes the first generation of business modeling tools such as Porter's Value…Continue
Added by Rod on March 31, 2015 at 5:00pm — No Comments
“A Lean Plan is the modern vehicle for rapidly translating a vision into reality”
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,…Continue
Added by Rod on March 25, 2015 at 3:00am — No Comments
(WARNING: This is a concept paper on the emerging paradigm of Lean Storyboarding. Some readers may find this article unusually long. But …)
“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…Continue
Added by Rod on March 16, 2015 at 9:00pm — No Comments
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.
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…Continue
Added by Margaret Swanton on March 9, 2015 at 10:00am — No Comments
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…Continue
Added by Rod on March 4, 2015 at 6:30pm — No Comments
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…Continue
Added by Claude Diderich on March 2, 2015 at 5:54pm — No Comments
*** 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.…Continue
Added by Rod on February 21, 2015 at 7:15pm — No Comments
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:
Now it’s time to start thinking about your ORGANISATION – how you will…Continue
Added by Stephen Spencer on February 19, 2015 at 6:52pm — No Comments
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…Continue
Added by Alfredo Fernández on February 16, 2015 at 9:00am — No Comments
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 language. Specialists 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…Continue
Added by Rod on January 30, 2015 at 9:30pm — No Comments
Learned there needs to be sort of evolution:
So here we go, this post shows a first thought of the project I'm trying to launch:…Continue
Added by Patrick Verdonk on January 26, 2015 at 12:20pm — No Comments