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Activity Forums Q & A Startups Searching for ‘business model’ to ‘perfecting business model’?

  • Searching for ‘business model’ to ‘perfecting business model’?

    updated 3 weeks, 2 days ago 0 Member · 1 Post
  • David

    Member
    October 26, 2019 at 6:32 am

    Steve blank, the professor of Eric Ries (writer of lean start up) wrote that start ups search for a business model, and more evolved businesses execute and perfect a business model. I’ve read that for a business model to be perfected it is a mix of product leadership, operational excellence, and customer intimacy. Usually all three, with one emphasized aspect. In another stroke it is perfected by increasingly higher standards(metrics) for corporate/department/employee. This all has to fit in to the vision and mission. So in this way a startup has to find product market fit, then develop and grow the business model to fit vision and mission. Hypothetically, after hitting product market fit how should a business look to develop the business model further to meet the mission and vision? How does it develop operational effectiveness, and meet the annual metrics? – by hq overview jesus_ismexican – –

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