Download - StartupModels Free: Download Finmodel4.xls Buy: It’s Not a Plan Until the Numbers Add Up StartupModels.com – A Guide to Building Financial Models using finmodel4.xls This Microsoft® Excel model, finmodel4.xls (referred to as finmodel), was created for people planning a startup. It is a straight-forward, easy-to-use model intended for setting up multiple types of startup businesses. Competition Is NOT Part of Your Business Model Every couple of weeks somebody sends me an email writing that I'm missing a building block in the Business Model Canvas. Often, they point out that competition is missing. They're wrong. "Competition" is not a business model building block, it's part of the environment in which you design your business model.
Business model A business model describes the rationale of how an organization creates, delivers, and captures value, in economic, social, cultural or other contexts. The process of business model construction is part of business strategy. In theory and practice, the term business model is used for a broad range of informal and formal descriptions to represent core aspects of a business, including purpose, business process, target customers, offerings, strategies, infrastructure, organizational structures, trading practices, and operational processes and policies. The literature has provided very diverse interpretations and definitions of a business model. Business models are used to describe and classify businesses, especially in an entrepreneurial setting, but they are also used by managers inside companies to explore possibilities for future development. History
6 Tools to Build a Mobile App on the Cheap The Mobile App Trends Series is presented by Sourcebits, a leading product developer for mobile platforms. Sourcebits offers design and development services for iOS, Android, Mobile and Web platforms. Follow Sourcebits on Twitter for recent news and updates. The massive growth of the app market has coincided with the creation of a parallel niche industry — the proliferation of accessible, low-cost development alternatives to traditional shops and agencies. But not all brands — or industries altogether — require diverse, expansive functionality in their apps.
Lean Business Model Inspired by the work of entrepreneurial thought leaders Steve Blank, Eric Ries, and Alex Osterwalder, I suggested a startup framework that uses the methodology of Lean Startup & Customer Development for testing and developing Business Model Canvas assumptions. Why? I found that traditional management thinking is not too useful in the startup world. Most startups fail because they waste too much resources building products that no one wants – before realizing too late what the right product should have been.
This Is What Developing For Android Looks Like You know how many Android developers complain about fragmentation? Yeah, this is what fragmentation looks like. Animoca, a Hong Kong mobile app developer that has seen more than 70 million downloads, says it does quality assurance testing with about 400 Android devices. Again, that’s testing with four hundred different phones and tablets for every app they ship! The photo above is just a sampling of Animoca’s fleet of Android test units. 6 Business Model Canvases from Startup Weekend Two weeks ago I attended Business of Software 2011 and saw a talk by Alex Osterwalder on the business model canvas, a tool for documenting and exploring business models. Then last weekend I attended Charlotte Startup Weekend 3 and explored the business model canvas in more depth. If you’re not familiar with Startup Weekend, it is an event where programmers, designers and business people team up to create a startup business within 54 hours. It starts on Friday night and ends Sunday night when each team presents their business to a panel of judges. You can read more about my experience at Startup Weekend Boston here. I participated on the WiFi Crowd team with eleven other people.
A Persona Template for Agile Product Management Personas in a Nutshell A persona is a fictional character that represents a subset of the market we want to address. A persona typically has a name, a picture, relevant characteristics such as age or income group, behavioural traits, common tasks, and a goal that describes the problem the persona wants to see solved or the benefit the character wants to achieve.
How to design your Business Model as a Lean Startup If you spend time exploring innovation frameworks, you know that configuration of such frameworks largely apply, assembly, and build upon previous work (hat off to science). I have come to explore conformity of two emerging frameworks; the Business Model Ontology by Alex Osterwalder and the Lean Startup methodology by Eric Ries. The result, the Lean Startup and Business Model Canvas pattern is illustrated below. Osterwalder’s Business Model Ontology proposes a single reference model based on the similarities of a wide range of business model configurations. The business model canvas (used as basis for the illustration above) describes nine building blocks that form a high-concept business model. Eric Ries coins the Lean Startup, a methodological approach for creating and managing startups using principles of Steven Blank‘s Customer Development methodology alongside Agile Development methodologies.