Defining Your Business Model (and Profit Model)
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Models
To run a successful business, you need 3 essential models:
- Business model — what you do
- Profit model — how you make money
- Revenue model — how you charge for it
Sounds simple and you probably have a sense for these in your head.
If you're managing a large team, trying to grow, or cli...
How to Work On Your Business Using Strategy
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Big Picture Thinking
Can you give a quick and straightforward answer to questions like:
- What are you working on this week/month/year?
- What is your business model or profit model?
- What are your goals for the next 2-3 years?
If you’re anything like most business owners I know (myself included...