WTF is a business model, anyway? (Business Models Part 1)
No one invests in weak business models, and no successful business is built on one. But what, exactly, is a business model? Hint: It's NOT just how you make money.
No one invests in weak business models, and no successful business is built on one. Duh!
Yet most early stage startups and other innovative efforts have generally terrible foundation that go on to plague them in their later stages. Without a crystal clear understanding exactly how your company meets the four basic components of any business model, you are doomed to fail.
This is the first in 6-part deep dive on business models.
Inside the Box with JDM is sponsored by The Right Box, a bespoke team of entrepreneurs and innovators who help startup founders find the quickest past to traction â€” or fail fast trying.
JDM's website: jdm.bio
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