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Business Model
This module is about the business model starting from the initial assumptions (hypotheses), through testing and validations. This is not something you can do is a few minutes and contains many, many steps. Much of this information will come from the work done by Steve Blank, the professor at Standford. We will also use Alexander Osterwalder’s business canvas because it gives us a very simple way to visualize the pieces of the business model we control and the pieces of the business model we do not control like competitors and the government.
Some steps will be quick and easy to accomplish and others will be difficult, laborious and time-consuming, but every step is important. If you skip over steps or don’t give them the effort and time they require, they could turn out to be a major problem down the road. We are going to start with value proposition.[/vc_column_text][/vc_column][/vc_row]
