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Aug 6th, 2022
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How to Link light in the Business Model Canvas

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so one of the interesting things about thinking about a start-up is how is your company going to be organized and what we now know is the most efficient way to think about all the pieces just all the parts is by a business model and so the next question is okay Steve you just told me to think about a business model but what is a business model what are all the pieces well lets take a look and a business model is how a company creates value for itself while delivering products or services for its customers now if you think about it in the old days we think about how to organize a company around functional organizations we think no no a company is about its sales department or its engineering department and you would draw an org chart but now were going to draw a very different diagram were going to draw a diagram how to think about all the pieces of a business and so lets take a look at these nine boxes the nine boxes to describe any company from the worlds largest to a two-person

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A business model describes the rationale of how an organization creates, delivers and captures value. It can be described through 9 building blocks: Customer Segments, Value Propositions, Channels, Customer Relationships, Revenue Streams, Key Resources, Key Activities, Key Partnerships Cost Structure.
What is a Business Model Canvas? The products value propositions (what it does and promises) Customer segments (who its for) Key activities (the steps the team must complete to make it successful) Key resources (what personnel, tools, and budget the team will have access to)
The business model canvas, invented by Alex Osterwalder of Strategyzer, is made up of nine building blocks showing the logic of how a company intends to deliver value and make money. The nine blocks cover the three main areas of a business: desirability, viability and feasibility.
Value Propositions. Value propositions are arguably the most important element of the business model canvas template. The value proposition determines the fundamental offering the company is trying to give its customers.
The Business Model Canvas consists of nine essential parts: Customer Segments, Value Proposition, Revenue Streams, Channels, Customer Relationships, Key Activities, Key Resources, Key Partners, and Cost Structure.
The Business Model Canvas consists of nine essential parts: Customer Segments, Value Proposition, Revenue Streams, Channels, Customer Relationships, Key Activities, Key Resources, Key Partners, and Cost Structure.
1. Value Proposition. It is the description of what your product or service does to fulfill the customers needs. It should clearly define why a customer would buy from your company.
Perhaps the most important part of your canvas is the customer segments. If you dont know who your business is catering to youll never be able to sell to them. You need to figure out who your customers are and why they would buy from you.

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