This lesson requires you to look at the powerpoint and videos, and then experiment with the various business models specifically in relation to your business idea.
You will need to iteratively 'work' your business model throughout the next 2 weeks.
| Overview of Business Models - PowerPoint |
Once you have gone through the PowerPoint and watched the videos, create your own rough version of a business model canvas in the following stages. At the conclusion of each stage, present it to a partner and get ideas. Make note of the dicsussion/collaboration in your notes.
Stage 1 - Customer Segments, Value Proposition, Channels, Customer relationships
Stage 2 - Key resources, Key activities, Key partnerships
Stage 3 - Revenue Streams, Cost structures
You may need to evaluate whether the business model you're using is going to work. If it is not, try another one.
When the above tasks have been completed, develop a break even analysis (or at least plan what you need), for your business idea.
| Business Model Canvas Overview - PowerPoint |
| Business Model Canvas Template - with prompts |
| Business Model Canvas Template - Blank |
