Business Models for Startups
The startup’s business model has become more important than the business plan over the past decade or so. Before 2000 no one talked about business models. Everyone wanted to see your business plan instead. Now the situation is reversed. Unfortunately many people have a problem grasping how to design a business model since it’s such a abstract concept–or appears to be so for first-timers.
Watch this short video for an explanation on how to visualize the business model for your startup.