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BUSINESS	
  MODEL	
  
Customer	
  Growth	
  Engine:	
  
delivers	
  value	
  
Enterprise	
  Engine:	
  
creates	
  value	
  
Value	
  Engine:	
  
captures/shares	
  value	
  
World-­‐class	
  Coaching	
  on	
  Lean	
  Startup	
  &	
  Customer	
  Growth	
  Hacking	
  for	
  Less	
  Than	
  $10/Month:	
  h<p://businessmodels.ning.com	
  	
  	
  
Business	
  Strategy	
  Coach.	
  Dr.	
  Rod	
  King.	
  rodkuhnhking@gmail.com	
  &	
  hLp://businessmodels.ning.com	
  &	
  hLp://twiLer.com/RodKuhnKing	
  
q  Customer	
  Segment	
  (CS)	
  
q  Channels/RelaRonships	
  (CHR)	
  
q  Product/Service	
  (PS)	
  
q  Value	
  ProposiRon	
  (VP)	
  
q  Key	
  Resources	
  (KR);	
  Key	
  AcRviRes	
  (KA)	
  
q  Key	
  Partners/Inputs	
  (KP)	
  
q  Delight	
  (+)	
  –>	
  Revenue/Streams	
  (R$)	
  
q  Pain	
  (-­‐)	
  –>	
  Cost/Structure	
  (C$)	
  
q  Value	
  (+/-­‐)	
  –>	
  Profit	
  (P$);	
  Strategy	
  
Business	
  Model	
  Tree	
  
“Business	
  Model”	
  describes	
  the	
  way	
  a	
  business	
  sustainably	
  makes	
  money	
  
BUSINESS	
  MODEL	
  
Customer	
  Growth	
  Engine:	
  
delivers	
  value	
  
Enterprise	
  Engine:	
  
creates	
  value	
  
Value	
  Engine:	
  
captures/shares	
  value	
  
World-­‐class	
  Coaching	
  on	
  Lean	
  Startup	
  &	
  Customer	
  Growth	
  Hacking	
  for	
  Less	
  Than	
  $10/Month:	
  h<p://businessmodels.ning.com	
  	
  	
  
Business	
  Strategy	
  Coach.	
  Dr.	
  Rod	
  King.	
  rodkuhnhking@gmail.com	
  &	
  hLp://businessmodels.ning.com	
  &	
  hLp://twiLer.com/RodKuhnKing	
  
q  Customer	
  Segment	
  (CS)	
  
q  Channels/RelaRonships	
  (CHR)	
  
q  Product/Service	
  (PS)	
  
q  Value	
  ProposiRon	
  (VP)	
  
q  Key	
  Resources	
  (KR);	
  Key	
  AcRviRes	
  (KA)	
  
q  Key	
  Partners/Inputs	
  (KP)	
  
q  Delight	
  (+)	
  –>	
  Revenue/Streams	
  (R$)	
  
q  Pain	
  (-­‐)	
  –>	
  Cost/Structure	
  (C$)	
  
q  Value	
  (+/-­‐)	
  –>	
  Profit	
  (P$);	
  Strategy	
  
Business	
  Model	
  Tree	
  
“Business	
  Model”	
  describes	
  the	
  way	
  a	
  business	
  sustainably	
  makes	
  money	
  
BUSINESS	
  MODEL	
  
Customer	
  Growth	
  Engine:	
  
delivers	
  value	
  
Enterprise	
  Engine:	
  
creates	
  value	
  
Value	
  Engine:	
  
captures/shares	
  value	
  
World-­‐class	
  Coaching	
  on	
  Lean	
  Startup	
  &	
  Customer	
  Growth	
  Hacking	
  for	
  Less	
  Than	
  $10/Month:	
  h<p://businessmodels.ning.com	
  	
  	
  
Business	
  Strategy	
  Coach.	
  Dr.	
  Rod	
  King.	
  rodkuhnhking@gmail.com	
  &	
  hLp://businessmodels.ning.com	
  &	
  hLp://twiLer.com/RodKuhnKing	
  
q  Customer	
  Segment	
  (CS)	
  
q  Channels/RelaRonships	
  (CHR)	
  
q  Product/Service	
  (PS)	
  
q  Value	
  ProposiRon	
  (VP)	
  
q  Key	
  Resources	
  (KR);	
  Key	
  AcRviRes	
  (KA)	
  
q  Key	
  Partners/Inputs	
  (KP)	
  
S:	
  
Supplier	
  
C:	
  
Customer	
  
q  Delight	
  (+)	
  –>	
  Revenue/Streams	
  (R$)	
  
q  Pain	
  (-­‐)	
  –>	
  Cost/Structure	
  (C$)	
  
q  Value	
  (+/-­‐)	
  –>	
  Profit	
  (P$);	
  Strategy	
  
	
  	
  	
  	
  	
  	
  	
  
Product/
Service	
  
	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  
Payment	
  
Business	
  Model	
  Tree	
  
“Business	
  Model”	
  describes	
  the	
  way	
  a	
  business	
  sustainably	
  makes	
  money	
  
BUSINESS	
  MODEL	
  
Customer	
  Growth	
  Engine:	
  
delivers	
  value	
  
Enterprise	
  Engine:	
  
creates	
  value	
  
Value	
  Engine:	
  
captures/shares	
  value	
  
World-­‐class	
  Coaching	
  on	
  Lean	
  Startup	
  &	
  Customer	
  Growth	
  Hacking	
  for	
  Less	
  Than	
  $10/Month:	
  h<p://businessmodels.ning.com	
  	
  	
  
Business	
  Strategy	
  Coach.	
  Dr.	
  Rod	
  King.	
  rodkuhnhking@gmail.com	
  &	
  hLp://businessmodels.ning.com	
  &	
  hLp://twiLer.com/RodKuhnKing	
  
q  Customer	
  Segment	
  (CS)	
  
q  Channels/RelaRonships	
  (CHR)	
  
q  Product/Service	
  (PS)	
  
q  Value	
  ProposiRon	
  (VP)	
  
q  Key	
  Resources	
  (KR);	
  Key	
  AcRviRes	
  (KA)	
  
q  Key	
  Partners/Inputs	
  (KP)	
  
S:	
  
Supplier	
  
C:	
  
Customer	
  
q  Delight	
  (+)	
  –>	
  Revenue/Streams	
  (R$)	
  
q  Pain	
  (-­‐)	
  –>	
  Cost/Structure	
  (C$)	
  
q  Value	
  (+/-­‐)	
  –>	
  Profit	
  (P$);	
  Strategy	
  
	
  	
  	
  	
  	
  	
  	
  
Product/
Service	
  
	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  
Payment	
  
Big	
  Urgent	
  Market	
  
Problem	
  (BUMP)	
  
Job	
  To	
  Get	
  Done	
  
(JTGD);	
  Habit	
  
Business	
  Model	
  Tree	
  
“Business	
  Model”	
  describes	
  the	
  way	
  a	
  business	
  sustainably	
  makes	
  money	
  
BUSINESS	
  MODEL	
  
Customer	
  Growth	
  Engine:	
  
delivers	
  value	
  
Enterprise	
  Engine:	
  
creates	
  value	
  
Value	
  Engine:	
  
captures/shares	
  value	
  
World-­‐class	
  Coaching	
  on	
  Lean	
  Startup	
  &	
  Customer	
  Growth	
  Hacking	
  for	
  Less	
  Than	
  $10/Month:	
  h<p://businessmodels.ning.com	
  	
  	
  
Business	
  Strategy	
  Coach.	
  Dr.	
  Rod	
  King.	
  rodkuhnhking@gmail.com	
  &	
  hLp://businessmodels.ning.com	
  &	
  hLp://twiLer.com/RodKuhnKing	
  
q  Customer	
  Segment	
  (CS)	
  
q  Channels/RelaRonships	
  (CHR)	
  
q  Product/Service	
  (PS)	
  
q  Value	
  ProposiRon	
  (VP)	
  
q  Key	
  Resources	
  (KR);	
  Key	
  AcRviRes	
  (KA)	
  
q  Key	
  Partners/Inputs	
  (KP)	
  
S:	
  
Supplier	
  
C:	
  
Customer	
  
q  Delight	
  (+)	
  –>	
  Revenue/Streams	
  (R$)	
  
q  Pain	
  (-­‐)	
  –>	
  Cost/Structure	
  (C$)	
  
q  Value	
  (+/-­‐)	
  –>	
  Profit	
  (P$);	
  Strategy	
  
	
  	
  	
  	
  	
  	
  	
  
Acquisi=on	
  
	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  
Revenue	
  
Business	
  Model	
  AnalyMcs	
  Roadmap	
  
“Business	
  Model”	
  describes	
  the	
  way	
  a	
  business	
  sustainably	
  makes	
  profit	
  
Big	
  Urgent	
  Market	
  
Problem	
  (BUMP)	
  
Job	
  To	
  Get	
  Done	
  
(JTGD);	
  Habit	
  
	
  	
  	
  	
  	
  
Engagement	
  
(Awareness)	
  
	
  	
  	
  	
  	
  Referral	
   	
  	
  	
  	
  	
  Reten=on	
  
	
  	
  	
  	
  	
  	
  	
  
Ac=va=on	
  
World-­‐class	
  Coaching	
  on	
  Lean	
  Startup	
  &	
  Customer	
  Growth	
  Hacking	
  for	
  Less	
  Than	
  $10/Month:	
  h<p://businessmodels.ning.com	
  	
  	
  
Business	
  Strategy	
  Coach.	
  Dr.	
  Rod	
  King.	
  rodkuhnhking@gmail.com	
  &	
  hLp://businessmodels.ning.com	
  &	
  hLp://twiLer.com/RodKuhnKing	
  
4	
  Steps	
  for	
  CreaRng	
  
A	
  Minimum	
  Viable	
  Business	
  Model	
  
Step	
  1:	
  
Observe	
  &	
  Think	
  
(Customer)	
  
Step	
  2:	
  
Hypothesize	
  
(Product)	
  
Step	
  3:	
  
Experiment	
  
(Product;	
  Channel)	
  
Step	
  4:	
  
Experiment	
  
(Pricing)	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
Job	
  To	
  Get	
  Done	
  (JTGD);	
  
Customer	
  Persona;	
  Habits;	
  
Trade-­‐offs;	
  Problems	
  
Minimum	
  Viable	
  Product	
  
(MVP)	
  Hypotheses;	
  	
  
AnR-­‐/Analogs;	
  Solu=ons	
  
Minimum	
  Viable	
  Product	
  
(MVP)	
  TesRng;	
  Channel;	
  
Problem-­‐Solu=on	
  Fitness	
  
Minimum	
  Viable	
  
Business	
  Model	
  (MVBM);	
  
Product-­‐Market	
  Fitness	
  	
  
S:	
  
Supplier	
  
C:	
  
Customer	
  
	
  	
  	
  	
  	
  	
  	
  
Product/
Service	
  
	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  
Payment	
  
S:	
  
Supplier	
  
C:	
  
Customer	
  
S:	
  
Supplier	
  
C:	
  
Customer	
  
	
  	
  	
  	
  	
  	
  	
  
Product/
Service	
  
(MVP)	
  
	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  
Feedback	
  
S:	
  
Supplier	
  
C:	
  
Customer	
  
	
  	
  	
  	
  	
  	
  	
  
Product/
Service	
  
(MVP)	
  
	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  
Payment	
  ($)	
  
	
  	
  	
  	
  	
  	
  	
  
Product/
Service	
  
(MVP)	
  
Unpredictable	
  
Environment	
  
Predictable	
  
Environment	
  
O.T.H.E.R.	
  Loop	
  
ORGANIZATION	
  
Low	
  
Uncertainty/	
  
Risk	
  
Extreme	
  
Uncertainty/	
  
Risk	
  
Problem-­‐
Solu=on	
  
Fit	
  
Business	
  Model	
  
Fit/	
  
Scaling	
  
Product-­‐
Market	
  
Fit	
  	
  
	
  
STARTUP	
  
(Minimum	
  
Viable	
  
Product:	
  
MVP)	
  
	
  
	
  
COMPANY	
  
(Maximum	
  
Awesome	
  
Product:	
  
MAP)	
  
TransiMon	
  
Complex	
  
Business	
  Model	
  
	
  
ChaoMc	
  
Business	
  Model	
  
Stable	
  
Business	
  Model	
  
Simple	
  
Business	
  Model	
  
Hypothesize	
  &	
  Experiment	
  
(Lean	
  Startup/Effectua=on	
  Project)	
  
Plan	
  &	
  Execute	
  
(Six	
  Sigma/Planning	
  Project)	
  
World-­‐class	
  Coaching	
  on	
  Lean	
  Startup	
  &	
  Customer	
  Growth	
  Hacking	
  for	
  Less	
  Than	
  $10/Month:	
  h<p://businessmodels.ning.com	
  	
  	
  
Business	
  Strategy	
  Coach.	
  Dr.	
  Rod	
  King.	
  rodkuhnhking@gmail.com	
  &	
  hLp://businessmodels.ning.com	
  &	
  hLp://twiLer.com/RodKuhnKing	
  
Novel	
  Problems	
  
Con=nuous	
  
Innova;on	
  
Culture/Habit	
  
RouRne	
  Problems	
  
Con=nuous	
  
Improvement	
  
Culture/Habit	
  
Business	
  Model	
  Lifecycle	
  
Business	
  Model	
  Lifecycle	
  
	
  
Every	
  Living	
  Organiza=on	
  (Business	
  Model)	
  has	
  a	
  Dynamic	
  Mix	
  of	
  Novel	
  and	
  Rou=ne	
  Problems	
  
Business	
  Model	
  Lifecycle	
  
Business	
  Model	
  Lifecycle	
  
	
  
Every	
  Living	
  Organiza=on	
  (Business	
  Model)	
  has	
  a	
  Dynamic	
  Mix	
  of	
  Novel	
  and	
  Rou=ne	
  Problems	
  
EMERGENT	
  	
  
BUSINESS	
  MODEL:	
  
Minimum	
  
Viable	
  
Business	
  Model	
  
DELIBERATE	
  
BUSINESS	
  MODEL:	
  
Maximum	
  
Awesome	
  
Business	
  Model	
  
Unpredictable	
  
Environment	
  
Predictable	
  
Environment	
  
O.T.H.E.R.	
  Loop	
  
ORGANIZATION	
  
Low	
  
Uncertainty/	
  
Risk	
  
Extreme	
  
Uncertainty/	
  
Risk	
  
Problem-­‐
Solu=on	
  
Fit	
  
Business	
  Model	
  
Fit/	
  
Scaling	
  
Product-­‐
Market	
  
Fit	
  
TransiMon	
  
Complex	
  
Business	
  Model	
  
	
  
ChaoMc	
  
Business	
  Model	
  
Stable	
  
Business	
  Model	
  
Simple	
  
Business	
  Model	
  
Hypothesize	
  &	
  Experiment	
  
(Lean	
  Startup/Effectua=on	
  Project)	
  
Plan	
  &	
  Execute	
  
(Six	
  Sigma/Planning	
  Project)	
  
World-­‐class	
  Coaching	
  on	
  Lean	
  Startup	
  &	
  Customer	
  Growth	
  Hacking	
  for	
  Less	
  Than	
  $10/Month:	
  h<p://businessmodels.ning.com	
  	
  	
  
Business	
  Strategy	
  Coach.	
  Dr.	
  Rod	
  King.	
  rodkuhnhking@gmail.com	
  &	
  hLp://businessmodels.ning.com	
  &	
  hLp://twiLer.com/RodKuhnKing	
  
Novel	
  Problems	
  
Con=nuous	
  
Innova;on	
  
Culture/Habit	
  
RouRne	
  Problems	
  
Con=nuous	
  
Improvement	
  
Culture/Habit	
  
Business	
  Strategy	
  Lifecycle	
  
Environment-­‐Strategy-­‐Product	
  (ESP)	
  Fitness,	
  	
  Archetypal	
  Strategies,	
  and	
  ImplementaMon	
  
	
  
Choose	
  the	
  Right	
  Environment	
  (Geography;	
  Market;	
  Industry).	
  Use	
  the	
  Right	
  Strategy.	
  	
  Launch	
  the	
  Right	
  Project.	
  
World-­‐class	
  Coaching	
  on	
  Lean	
  Startup	
  &	
  Customer	
  Growth	
  Hacking	
  for	
  Less	
  Than	
  $10/Month:	
  h<p://businessmodels.ning.com	
  	
  	
  
Business	
  Strategy	
  Coach.	
  Dr.	
  Rod	
  King.	
  rodkuhnhking@gmail.com	
  &	
  hLp://businessmodels.ning.com	
  &	
  hLp://twiLer.com/RodKuhnKing	
  
Unpredictable	
  
Environment	
  
Predictable	
  
Environment	
  
ORGANIZATION	
  
Low	
  
Uncertainty/	
  
Risk	
  
Extreme	
  
Uncertainty/	
  
Risk	
  
Problem-­‐
Solu=on	
  
Fit	
  
Business	
  Model	
  
Fit/	
  
Scaling	
  
Product-­‐
Market	
  
Fit	
  
Shaping	
  
Strategy	
  
AdapMve	
  
Strategy	
  
Visionary	
  
Strategy	
  
Classic	
  
Strategy	
  
Renewal
Strategy	
  
O.T.H.E.R.	
  Loop	
  
Hypothesize	
  &	
  Experiment	
  
(Lean	
  Startup/Effectua=on	
  Project)	
  
Plan	
  &	
  Execute	
  
(Six	
  Sigma/Planning	
  Project)	
  
Novel	
  Problems	
  
Con=nuous	
  
Innova;on	
  
Culture/Habit	
  
RouRne	
  Problems	
  
Con=nuous	
  
Improvement	
  
Culture/Habit	
  
EMERGENT	
  	
  
BUSINESS	
  MODEL:	
  
Minimum	
  
Viable	
  
Business	
  Model	
  
DELIBERATE	
  
BUSINESS	
  MODEL:	
  
Maximum	
  
Awesome	
  
Business	
  Model	
  

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The Business Model Tree: 3 Simple Ways to Visualize a Business Model & Have "Richer" Business Model Conversations

  • 1. BUSINESS  MODEL   Customer  Growth  Engine:   delivers  value   Enterprise  Engine:   creates  value   Value  Engine:   captures/shares  value   World-­‐class  Coaching  on  Lean  Startup  &  Customer  Growth  Hacking  for  Less  Than  $10/Month:  h<p://businessmodels.ning.com       Business  Strategy  Coach.  Dr.  Rod  King.  rodkuhnhking@gmail.com  &  hLp://businessmodels.ning.com  &  hLp://twiLer.com/RodKuhnKing   q  Customer  Segment  (CS)   q  Channels/RelaRonships  (CHR)   q  Product/Service  (PS)   q  Value  ProposiRon  (VP)   q  Key  Resources  (KR);  Key  AcRviRes  (KA)   q  Key  Partners/Inputs  (KP)   q  Delight  (+)  –>  Revenue/Streams  (R$)   q  Pain  (-­‐)  –>  Cost/Structure  (C$)   q  Value  (+/-­‐)  –>  Profit  (P$);  Strategy   Business  Model  Tree   “Business  Model”  describes  the  way  a  business  sustainably  makes  money  
  • 2. BUSINESS  MODEL   Customer  Growth  Engine:   delivers  value   Enterprise  Engine:   creates  value   Value  Engine:   captures/shares  value   World-­‐class  Coaching  on  Lean  Startup  &  Customer  Growth  Hacking  for  Less  Than  $10/Month:  h<p://businessmodels.ning.com       Business  Strategy  Coach.  Dr.  Rod  King.  rodkuhnhking@gmail.com  &  hLp://businessmodels.ning.com  &  hLp://twiLer.com/RodKuhnKing   q  Customer  Segment  (CS)   q  Channels/RelaRonships  (CHR)   q  Product/Service  (PS)   q  Value  ProposiRon  (VP)   q  Key  Resources  (KR);  Key  AcRviRes  (KA)   q  Key  Partners/Inputs  (KP)   q  Delight  (+)  –>  Revenue/Streams  (R$)   q  Pain  (-­‐)  –>  Cost/Structure  (C$)   q  Value  (+/-­‐)  –>  Profit  (P$);  Strategy   Business  Model  Tree   “Business  Model”  describes  the  way  a  business  sustainably  makes  money  
  • 3. BUSINESS  MODEL   Customer  Growth  Engine:   delivers  value   Enterprise  Engine:   creates  value   Value  Engine:   captures/shares  value   World-­‐class  Coaching  on  Lean  Startup  &  Customer  Growth  Hacking  for  Less  Than  $10/Month:  h<p://businessmodels.ning.com       Business  Strategy  Coach.  Dr.  Rod  King.  rodkuhnhking@gmail.com  &  hLp://businessmodels.ning.com  &  hLp://twiLer.com/RodKuhnKing   q  Customer  Segment  (CS)   q  Channels/RelaRonships  (CHR)   q  Product/Service  (PS)   q  Value  ProposiRon  (VP)   q  Key  Resources  (KR);  Key  AcRviRes  (KA)   q  Key  Partners/Inputs  (KP)   S:   Supplier   C:   Customer   q  Delight  (+)  –>  Revenue/Streams  (R$)   q  Pain  (-­‐)  –>  Cost/Structure  (C$)   q  Value  (+/-­‐)  –>  Profit  (P$);  Strategy                 Product/ Service                                               Payment   Business  Model  Tree   “Business  Model”  describes  the  way  a  business  sustainably  makes  money  
  • 4. BUSINESS  MODEL   Customer  Growth  Engine:   delivers  value   Enterprise  Engine:   creates  value   Value  Engine:   captures/shares  value   World-­‐class  Coaching  on  Lean  Startup  &  Customer  Growth  Hacking  for  Less  Than  $10/Month:  h<p://businessmodels.ning.com       Business  Strategy  Coach.  Dr.  Rod  King.  rodkuhnhking@gmail.com  &  hLp://businessmodels.ning.com  &  hLp://twiLer.com/RodKuhnKing   q  Customer  Segment  (CS)   q  Channels/RelaRonships  (CHR)   q  Product/Service  (PS)   q  Value  ProposiRon  (VP)   q  Key  Resources  (KR);  Key  AcRviRes  (KA)   q  Key  Partners/Inputs  (KP)   S:   Supplier   C:   Customer   q  Delight  (+)  –>  Revenue/Streams  (R$)   q  Pain  (-­‐)  –>  Cost/Structure  (C$)   q  Value  (+/-­‐)  –>  Profit  (P$);  Strategy                 Product/ Service                                               Payment   Big  Urgent  Market   Problem  (BUMP)   Job  To  Get  Done   (JTGD);  Habit   Business  Model  Tree   “Business  Model”  describes  the  way  a  business  sustainably  makes  money  
  • 5. BUSINESS  MODEL   Customer  Growth  Engine:   delivers  value   Enterprise  Engine:   creates  value   Value  Engine:   captures/shares  value   World-­‐class  Coaching  on  Lean  Startup  &  Customer  Growth  Hacking  for  Less  Than  $10/Month:  h<p://businessmodels.ning.com       Business  Strategy  Coach.  Dr.  Rod  King.  rodkuhnhking@gmail.com  &  hLp://businessmodels.ning.com  &  hLp://twiLer.com/RodKuhnKing   q  Customer  Segment  (CS)   q  Channels/RelaRonships  (CHR)   q  Product/Service  (PS)   q  Value  ProposiRon  (VP)   q  Key  Resources  (KR);  Key  AcRviRes  (KA)   q  Key  Partners/Inputs  (KP)   S:   Supplier   C:   Customer   q  Delight  (+)  –>  Revenue/Streams  (R$)   q  Pain  (-­‐)  –>  Cost/Structure  (C$)   q  Value  (+/-­‐)  –>  Profit  (P$);  Strategy                 Acquisi=on                                               Revenue   Business  Model  AnalyMcs  Roadmap   “Business  Model”  describes  the  way  a  business  sustainably  makes  profit   Big  Urgent  Market   Problem  (BUMP)   Job  To  Get  Done   (JTGD);  Habit             Engagement   (Awareness)            Referral            Reten=on                 Ac=va=on  
  • 6. World-­‐class  Coaching  on  Lean  Startup  &  Customer  Growth  Hacking  for  Less  Than  $10/Month:  h<p://businessmodels.ning.com       Business  Strategy  Coach.  Dr.  Rod  King.  rodkuhnhking@gmail.com  &  hLp://businessmodels.ning.com  &  hLp://twiLer.com/RodKuhnKing   4  Steps  for  CreaRng   A  Minimum  Viable  Business  Model   Step  1:   Observe  &  Think   (Customer)   Step  2:   Hypothesize   (Product)   Step  3:   Experiment   (Product;  Channel)   Step  4:   Experiment   (Pricing)                         Job  To  Get  Done  (JTGD);   Customer  Persona;  Habits;   Trade-­‐offs;  Problems   Minimum  Viable  Product   (MVP)  Hypotheses;     AnR-­‐/Analogs;  Solu=ons   Minimum  Viable  Product   (MVP)  TesRng;  Channel;   Problem-­‐Solu=on  Fitness   Minimum  Viable   Business  Model  (MVBM);   Product-­‐Market  Fitness     S:   Supplier   C:   Customer                 Product/ Service                                               Payment   S:   Supplier   C:   Customer   S:   Supplier   C:   Customer                 Product/ Service   (MVP)                                               Feedback   S:   Supplier   C:   Customer                 Product/ Service   (MVP)                                               Payment  ($)                 Product/ Service   (MVP)  
  • 7. Unpredictable   Environment   Predictable   Environment   O.T.H.E.R.  Loop   ORGANIZATION   Low   Uncertainty/   Risk   Extreme   Uncertainty/   Risk   Problem-­‐ Solu=on   Fit   Business  Model   Fit/   Scaling   Product-­‐ Market   Fit       STARTUP   (Minimum   Viable   Product:   MVP)       COMPANY   (Maximum   Awesome   Product:   MAP)   TransiMon   Complex   Business  Model     ChaoMc   Business  Model   Stable   Business  Model   Simple   Business  Model   Hypothesize  &  Experiment   (Lean  Startup/Effectua=on  Project)   Plan  &  Execute   (Six  Sigma/Planning  Project)   World-­‐class  Coaching  on  Lean  Startup  &  Customer  Growth  Hacking  for  Less  Than  $10/Month:  h<p://businessmodels.ning.com       Business  Strategy  Coach.  Dr.  Rod  King.  rodkuhnhking@gmail.com  &  hLp://businessmodels.ning.com  &  hLp://twiLer.com/RodKuhnKing   Novel  Problems   Con=nuous   Innova;on   Culture/Habit   RouRne  Problems   Con=nuous   Improvement   Culture/Habit   Business  Model  Lifecycle   Business  Model  Lifecycle     Every  Living  Organiza=on  (Business  Model)  has  a  Dynamic  Mix  of  Novel  and  Rou=ne  Problems  
  • 8. Business  Model  Lifecycle   Business  Model  Lifecycle     Every  Living  Organiza=on  (Business  Model)  has  a  Dynamic  Mix  of  Novel  and  Rou=ne  Problems   EMERGENT     BUSINESS  MODEL:   Minimum   Viable   Business  Model   DELIBERATE   BUSINESS  MODEL:   Maximum   Awesome   Business  Model   Unpredictable   Environment   Predictable   Environment   O.T.H.E.R.  Loop   ORGANIZATION   Low   Uncertainty/   Risk   Extreme   Uncertainty/   Risk   Problem-­‐ Solu=on   Fit   Business  Model   Fit/   Scaling   Product-­‐ Market   Fit   TransiMon   Complex   Business  Model     ChaoMc   Business  Model   Stable   Business  Model   Simple   Business  Model   Hypothesize  &  Experiment   (Lean  Startup/Effectua=on  Project)   Plan  &  Execute   (Six  Sigma/Planning  Project)   World-­‐class  Coaching  on  Lean  Startup  &  Customer  Growth  Hacking  for  Less  Than  $10/Month:  h<p://businessmodels.ning.com       Business  Strategy  Coach.  Dr.  Rod  King.  rodkuhnhking@gmail.com  &  hLp://businessmodels.ning.com  &  hLp://twiLer.com/RodKuhnKing   Novel  Problems   Con=nuous   Innova;on   Culture/Habit   RouRne  Problems   Con=nuous   Improvement   Culture/Habit  
  • 9. Business  Strategy  Lifecycle   Environment-­‐Strategy-­‐Product  (ESP)  Fitness,    Archetypal  Strategies,  and  ImplementaMon     Choose  the  Right  Environment  (Geography;  Market;  Industry).  Use  the  Right  Strategy.    Launch  the  Right  Project.   World-­‐class  Coaching  on  Lean  Startup  &  Customer  Growth  Hacking  for  Less  Than  $10/Month:  h<p://businessmodels.ning.com       Business  Strategy  Coach.  Dr.  Rod  King.  rodkuhnhking@gmail.com  &  hLp://businessmodels.ning.com  &  hLp://twiLer.com/RodKuhnKing   Unpredictable   Environment   Predictable   Environment   ORGANIZATION   Low   Uncertainty/   Risk   Extreme   Uncertainty/   Risk   Problem-­‐ Solu=on   Fit   Business  Model   Fit/   Scaling   Product-­‐ Market   Fit   Shaping   Strategy   AdapMve   Strategy   Visionary   Strategy   Classic   Strategy   Renewal Strategy   O.T.H.E.R.  Loop   Hypothesize  &  Experiment   (Lean  Startup/Effectua=on  Project)   Plan  &  Execute   (Six  Sigma/Planning  Project)   Novel  Problems   Con=nuous   Innova;on   Culture/Habit   RouRne  Problems   Con=nuous   Improvement   Culture/Habit   EMERGENT     BUSINESS  MODEL:   Minimum   Viable   Business  Model   DELIBERATE   BUSINESS  MODEL:   Maximum   Awesome   Business  Model