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Defining Your Business Model (and Profit Model) big picture thinking business model business strategy models

Models

To run a successful business, you need 3 essential models:

  1. Business model — what you do
  2. Profit model — how you make money
  3. 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...

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