2. Introduction
• Business model describes the rationale of how an organization creates, delivers and captures value.
• Business model is generally described through nine basic building blocks that cover the four main
areas of a business: customers, offer, infrastructure, and financial viability.
• Do not forget that business model is really a set of assumptions or hypotheses!
• «No Business Plan Survives First Contact With Customers» by Steve Blank:
https://www.youtube.com/watch?time_continue=233&v=_eUoae9lHpY