Business Model Canvas Business Model Canvas: nine business model building blocks, Osterwalder, Pigneur & al. 2010 The Business Model Canvas is a strategic management and lean startup template for developing new or documenting existing business models. It is a visual chart with elements describing a firm's or product's value proposition, infrastructure, customers, and finances. It assists firms in aligning their activities by illustrating potential trade-offs. The Business Model Canvas was initially proposed by Alexander Osterwalder based on his earlier work on Business Model Ontology. Since the release of Osterwalder's work in 2008, new canvases for specific niches have appeared, such as the Lean Canvas. The Business Model Canvas Formal descriptions of the business become the building blocks for its activities. InfrastructureKey Activities: The most important activities in executing a company's value proposition. Application Alternative forms See also References
What's the Best Way to Learn to Be an Entrepreneur? As an Inc.com columnist it's my job to take a position. (Columnists who don't have opinions also don't have readers.) The result, though, is a one-sided conversation where the natural exchange of ideas between people gets lost. Sometimes I'm right. Mostly I'm a combination of the two, because in business for every rule there's an entrepreneur who proves the exception to that rule. So I'm trying something new: I'll pick a topic, pick someone smart--as you'll soon see, in this case smarter than me--and we'll trade emails. The first is the email exchange between me and Dave Lavinsky. The premise: I think the average would-be entrepreneur should spend a few years working for a big company. Dave disagrees. Jeff: Maybe it's only because my first post-college job was with a Fortune 500 company, so that's all I know, but starting and running a business would have been way harder without the skill and experience I gained working in a corporate environment. Would I want to work there today?
Business Model Alchemist Make Something People Love: Lessons From a Startup Guy So, you want to learn how to make a product people love—that’s great! But stop right there. Before you can make something people love, you have to make something people want . . . What’s challenging and wonderful about the web is that tricks of perception alone will not work. Anything you create actually has to be good. The internet is the most efficient marketplace for ideas that has ever existed, but your competition is stiff, and comes in all forms. Alexis Ohanian is a startup founder and investor in Brooklyn, NY. After graduating from UVA in 2005, Alexis and his co-founder Steve Huffman started reddit, which has become one of the most popular social news websites online. After leaving his full-time position at reddit, Alexis focused on running his social enterprise Breadpig. In 2010, Alexis helped launch hipmunk, the most agony-free way to search for a flight or hotel. He proudly doodled the logos for all three of his startups, and he loves his cat Karma. Like what you're reading?
How To Understand (and Create) A Personal Financial Statement Each Month In 5 Minutes A lot of people shy away from any talk about “finance” or “accounting” because (1) its boring (2) it involves math and (3) its hard work. Well it’s not as bad as you think. I’m going to show you how to understand financial statements in about 5 minutes. But first… Why Should You Create A Personal Financial Statement? If you wanted to lose weight, you’d have to weigh yourself right? Well if you want to get rich (or become financially free), you have to create financial statements. You are a business. If you don’t have a way to MEASURE progress and COMPARE what works and what doesn’t, then you are just wandering blindly in the dark. Robert Kiyosaki talks a lot about this, how rich people are “financially literate” and how this should be taught in schools. But that is another story. If you aren’t looking at your financials about once a month then you quite simply AREN’T serious about becoming rich. Understanding Financial Statements In 5 Minutes Thats it. Why Quicken and Microsoft Money Suck
9 Keys to Business & Career Success I'm fortunate enough to know a number of remarkably successful people. Regardless of industry or profession, they all share the same perspectives and beliefs. And they act on those beliefs: 1. Deadlines and time frames establish parameters, but typically not in a good way. Forget deadlines, at least as a way to manage your activity. Average people allow time to impose its will on them; remarkable people impose their will on their time. 2. Some of your employees drive you nuts. You chose them. Think about the type of people you want to work with. Then change what you do so you can start attracting those people. Successful people are naturally drawn to successful people. 3. Dues aren't paid, past tense. No matter what you've done or accomplished in the past, you're never too good to roll up your sleeves, get dirty, and do the grunt work. Remarkably successful people never feel entitled--except to the fruits of their labor. 4. You have "10 years in the Web design business." 5. 6. 7. 8. 9.
WHAT'S YOUR STORY? ❤ This is just a short list of different lenses worth making. Just to get you thinking. There are a gaggle of other ideas you should absolutely make lenses about. 1A lens about you. When someone Googles you, what do they find? Silicon Valley's gender gap handicap (Sol Tzvi, founder of Genieo, based in Israel.) Silicon Valley is running hard to maintain its position as the global innovation engine, against competition with dozens of fast growing innovation centers around the world. Which is why it's puzzling that Silicon Valley has such a large gender gap in key sectors such as angels, VCs, entrepreneurs, engineers, and in senior executive roles. Why isn't Silicon Valley using all of its people? Successful startups are businesses that quickly figure out how to make products and services far more productive, for far less money, they spot arbitrage opportunities in huge industries and markets, they make use of the best resources available to them — tools, capital, business know-how, skilled staff. The recent Kleiner Perkins Caufield & Byers sex discrimination suit has focused attention on the shockingly small number of women in the VC community. Some of the larger companies such as Intel, Hewlett-Packard, Google, Yahoo! Not just unfair...
How To Make A Squeeze Page The first thing you'll need is a domain name and web hosting. See these lenses: How To Choose A Domain Name How To Choose A Web Host The next thing you're going to need is an autoresponder. You'll also need a web page editor. Finally, you'll need an FTP client. Another option is to use the HTML editor that comes with CPanel, assuming that it's provided by your web host. Best Free Entrepreneurship Resources in NYC By Marisa Bramwell So you want to launch a business in New York City, but don’t know where to get started and have limited funds. Whether you’re interested in tech, retail, services or something in-between, New York City is a fantastic place to launch your venture, thanks to a number of start-up and small business resources – many of them free or inexpensive. Here’s a list of some places to look: Free Resources NY Small Business Development Center (NY SBDC): The NY Small Business Development Center, sponsored by the Small Business Administration, provides small business owners and entrepreneurs with business consulting services. NY Business Solutions: NY Business Solutions offers a set of free business workshops designed to help entrepreneurs launch, operate and expand their businesses. SCORE: SCORE is similar to the NY SBDC; they are also supported by the Small Business Administration and offer free services to small business owners an entrepreneurs. Inexpensive Resources the Bronx.
Features Easy web authoring Finally, a top-notch WYSIWYG web page program for the rest of us! Now there's no need to pay a little fortune for a program to create and edit great-looking web pages, including powerful and easy to use CSS capabilities. KompoZer is a complete Web Authoring System that combines web file management and easy-to-use WYSIWYG web page editing capabilities found in Microsoft FrontPage, Adobe DreamWeaver and other high end programs. KompoZer is designed to be extremely easy to use, making it ideal for non-technical computer users who want to create an attractive professional-looking web site without needing to know HTML or web coding. Reliable technology inside KompoZer is based on Gecko, the layout engine inside Mozilla; it's a super-fast, very reliable, standards conformant engine maintained on a daily basis by a wide community of developers. KompoZer is a stand-alone tool; hence its small size and fast speed. Details about key features and capabilities FTP site manager Tabs!
Need a Business Idea? Tap Into Lifestyle Trends in the Evolving Luxury Market The idea of luxury is evolving for consumers, as they're spending any extra money they have in a variety of different ways than they did before the recession, according to a report this week by consumer-research company IBIS World. For entrepreneurs, these lifestyle shifts can help spark new business ideas. "Instead of returning to those discretionary purchases that they previously cut and readily splurging on luxury goods like full-priced jewelry or sports cars, Americans have opted for more subdued, conscientious and functional versions of luxury," wrote Nikoleta Panteva and Agata Kaczanowska, the IBIS analysts who authored the report. The report defined this "new luxury market" as one where consumers are focused on cheap splurges, tailored attention, and green or healthy choices. Here, three ways you can tailor your startup to capitalize on the trends: 1. Related: How JackThreads Plans to Own the Male Demographic (Video) 2. 3. Catherine Clifford is a senior writer at Entrepreneur.com.
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