'From Field to Glass': Ancram's Hillrock Estate Crafts Fine Liquors Litchfield County Times “New York City was a melting pot of fermentation and distillation,” says Tim Welly, the knowledgeable head of operations and distiller for Hillrock, who...
Here's a business model that is easy to promote! Tradition and History!
What tradition can you use in your business model, how has the history of your product changed over time? Tie these into the business model and it will change the whole outlook of the business.
Upstaging: One Small Theater Company Rethinks the Business Model SF Weekly A departing manager dropped the venue into their hands practically before they'd finished a business plan, which meant they suddenly had to conjure up programming for the...
I went from a quick scan, to a slow scan, to a full on hard read of this article. It is captivating how these guys have taken a terrible business model, theatre, and turned it into a win in so many ways.
These guys love what they do, BUT...and listen up here, they are also trying to make a profit. Holy shit a profit, can you believe that.
Not only that but with 3 theatre spaces and three seperate practice areas they can also rent space to other theatre companies at competitive rates.
Of course there is a chaser to all of this too, they have added a bar and cafe, the cash cow.
Those interested in thinking out of the box and improving a sucky business model should read this, the rest of ya can go to hell. Nobody reads this, right?
When you’re starting to design a new product, or redesigning an existing one, the most important thing you can do is validate that the problem you are trying to solve is meaningful, important, and shared by a large enough group of people that a...
The Netflix Saga, Part 1: Understanding the Business Model CountingPips So, I thought the best way to see if critics are right or not is to learn as much as possible about Netflix and trying to understand their business model in order to express my...
If you really want to found out what a business model is all about read this article. No, really read the article.
The author is selling stock advice, he is looking at Netflix from an investors point of view. Why is this important? Because if the business model is working investors LOVE the shit out of businesses. If it's not working they dump it like a bad habit.
This guys tears Netfilx down to it's basic running parts and discusses why he believes the different parts work.
It's better then being in school, yes they break it down, no it's not exciting. But if you are a small business owner and don't get this crap then who are you foolin?
6 Tips to Streamline Your Business and Increase Revenue Wall Street Sector Selector Discounts are an ages-old technique for pulling in new customers, but they can also be crippling to a business that's already struggling.
Ever heard of a revenue model? Don't worry if you haven't, you still have one if you're a small buisness owner. The quicker you understand what it is, and then learn how to control it, you just may start making some money...dude.
Disruption Through Business Model Innovation: The Story of Minnicks Huffington Post Of course, you don't need to have a business that has a national scope to engage in business model innovation. It is not based on the size and scope of the business.
What can you learn about business models from a heating and a/c company? A lot it turns out. You gotta read this article! No kidding the program they developed is so simple for service companies.
You don’t want to waste your time and money building a product no one will want to use or pay for. So, first get out of the building and talk to your customers. But there’s a world of difference between talk and action.
I am excited about this article. It is well written with solid advice about how to implement a business model based on product and delivery times. The authors walks you through different examples and talks about why this worked the way it did.
By Estelle Metayer | When business models evolve, traditional players will find it difficult to compete (RT @Competia: Business model disrupted - over 90 articles http://t.co/neRqmb4CkK #bmgen #leweb...
You have got to click on this. At the VERY LEAST the aticle is good. But the design of this flipping newspaper is very cool.
What a cool business model. Want more people to share your shit, make it interested and interactive. Oh wait, they've been saying that for years....
Over 90 Percent of U.S. Companies Are Changing Existing Business Models ... PR Newswire (press release) NEW YORK, Dec. 2, 2013 /PRNewswire/ -- More than nine out of 10 U.S.
As a small business owner should you at some point review your business model?
"Business model reviews and changes have become a permanent component on the corporate agenda," said Stephen G. Hasty Jr., a KPMG partner and U.S. Innovation Leader for Advisory. "Companies today face unprecedented challenges to develop operating models that can help them respond to and translate current marketplace pressures into competitive advantages."
In a recent 60 minute interview Jeff Bezos of Amazon when asked if he was gunning for small business ma and pa stores he basically said change your model or get run over.
So do you need to review your business model, only if you want to survive. Otherwise don't worry about.
'Knowing your numbers forces you to properly outline & develop your business model' says @paulnjenkinson #startups http://t.co/HZGHOdneqG
Here's why I like this article, it puts into perspective why the numbers are so important to a business model.
The only way to know if what you are doing is working AND profitable is to have and use some key performance indicators. The article goes into pretty good detail without getting too bogged down in accounting language.
If you're looking to raise some money for your start-up, here are four very basic questions you should have answered.
Man I had to go to several sources to find anything on business models today. Here is an Inc.magazine article.
This is a great article about a business funding model.
I am not the smartest person in the world but isn't a business model all about HOW you run a company? That's my assumption with this category.
Here they make it sound like a business PLAN. Are they interchangeable? Kinda, maybe.
To me the difference is if you are trying to get a loan or be funded then you need to come up with financial projections and how the company will grow as those projections are met. I think this is a business PLAN.
If, on the other hand, you are not looking for funding and instead just need to better understand your business, then work from today. Map out HOW you run your business. This is a model.
Wow, if you want to see how to develop and test a business model here is the article for you!
In one part the author says to build a business model instead of a business plan. I believe this is true. If the model sucks you're dead in the water, regardless of how pretty your plan is.
Did you see the last Shark Tank? A couple developed the "Elephant in the room" product. It was a stuffed elephant in an acrylic case. It cost $22 to make. Well, to say the least, there was blood in the water in the Shark Tank! Business Model First.
The Internet of Things Will Change Your Business Model No Jitter Traditional business models focused on the sale of an item, with post-sale revenue coming from maintenance. The maintenance was usually an on-call service without real-time monitoring.
The internet and technology has left many traditional businesses in ruin, think Kodak, newspapers, and the music industry. As a small business owner are you vunerable? HELL YES!
Here are other examples of business models that are on the rise.
Take your Business Model to the Next Level Innovation Excellence (blog) Take your Business Model to the Next Level Alexander Osterwalder and Yves Pigneur's Business Model Canvas has become the standard tool for describing your organization's...
Marc has written a very easy to understand article talking about the 8 components of a business model.
Your business model should basically answer 2 questions:
What is your value proposition?
How are you organizing to create this value?
The article breakdown each of the 8 areas. By the end of the article you should have a pretty good idea, not only why you need to develop a business model, but also HOW to develop a business model.
In the Bible it says, “Where there is no vision, the people perish.” This doesn’t mean that they lie down and die. It just means that they lose heart. They lose their commitment and enthusiasm to giving of their best.
Business models are the structure and support of any business. We all have them even if we didn't make a plan for them. Planning makes the difference between success or just hanging on.
Charles Alvarez posted this on Linkedin today. If the business model is the structure then vision is the material to build that structure. The post points out you need to have one for yourself AND your business.