The Internet, globalization and the sharing economy have ushered in a new era of business modelling with more specialization and complexity, farther reach and the potential to disrupt traditional markets. To prevail in this environment, start-ups as well as solopreneurs should know about what constitutes a modern business model and what methods to use to transform your idea into a successful business. I will introduce basic components of and concepts behind a business model, introduce methods for how to build and validate it, accompanied by examples ranging from a simple icecream booth to more complex ones like adwords-based eBook sales to Tinder, AirBnB or a co-working space.
What People Will Learn:
- What is a business model?
- Why should I care?
- How do I translate my idea into a business model
- How do I validate and maintain it?
- What methods and tools are available to help me?
- Where can I learn more about it?
About the speaker:
I studied Information Technology in Munich, co-founded a Fintech start-up and am now working a new project that will help other start-ups and Vcs doing modern business model analytics, see http://www.crunching.io.
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