1.
10
tips
for
business
model
innovation
www.businessmodelsinc.com

2.
In
the
last
2
years
we
have
been
working
with
more
than
40
international
clients
from
start-­‐
ups
to
corporate
organizations
on
business
modeling.
We
put
all
our
experiences
together
and
came
to
the
following
list
of
tips
for
business
model
innovation.
Njoy
business
modeling!
www.businessmodelsinc.com

3.
1
Tip
#

4.
Map
your
current
business
model
on
a
large
poster
with
3M
post
it
notes.

5.
It
is
important
to
start
with
your
current
business
model
first.
This
will
create
a
shared
language
with
your
team
members
AND
more
than
70%
find
opportunities
for
improvement.
Post
it
notes
that
stick
are
helpful
working
on
the
wall.
Sorry,
3M
works
best.

6.
2
Tip
#

7.
Don’t
try
this
alone.
Let
your
colleagues
help
you!

8.
You’ll
get
much
better
and
faster
results
if
you
map
a
business
model
with
other
people
like
your
colleagues
or
team
members.
Different
perspectives
offer
new
interesting
insights.

9.
3
Tip
#

10.
Visualize
your
business
model!

11.
After
you
have
put
the
post-­‐it
notes
on
the
business
model
canvas,
it
is
hard
to
explain
the
results
to
others.
Visualization
of
your
business
model
will
support
your
optimization
and
innovation
discussions.

12.
4
Tip
#

13.
Translate
3
trends
into
your
business
model!

14.
Source:
www.trendwatching.com

15.
We
know
what’s
going
on
in
our
market
place.
But
do
we
translate
trends
and
developments
into
our
business
model?
Can
we
transform
it
into
value
for
our
(potential)
customers?
Translate
3
trends
into
your
business
model!

16.
5
Tip
#

17.
Learn
from
other
business
models!

18.
Do
not
think
you
need
to
re-­‐invent
the
wheel.
Easyjet
learned
from
SouthWest…
If
you
model
other
business
models
in
to
the
canvas,
you
will
be
amazed
how
much
you
can
learn
from
them.

19.
6
Tip
#

20.
Do
not
rely
on
1
model,
built
prototypes.

21.
The
world
is
not
predictable.
You
do
not
know
if
your
business
model
will
work.
Built
prototypes
to
shorten
time
to
market
and
learn
by
doing
building
business
model
prototypes.

22.
7
Tip
#

23.
Apply
business
model
patterns

24.
What
happens
if
you
apply
business
model
patterns
to
your
business
model?
Does
the
longtail
affect
our
model?
What
happens
if
we
we
offer
things
for
free?

25.
8
Tip
#

26.
Built
a
(self)
sustainable
business
model.

27.
Built
a
(self)
sustainable
business
model

28.
In
this
business
model
from
a
saw
mill
in
Tanzania,
the
chopped
wood
is
re-­‐planted.
By
this
means
the
business
model
is
self
sustainable.
Can
your
model
be
self-­‐sustainable?

29.
9
Tip
#

30.
“Show
me
the
money!”

31.
If
your
business
model
will
not
make
any
money
today,
it
most
probably
won’t
do
tomorrow.
So,
“Show
me
the
money!”

32.
10
Tip
#

33.
Consider
Beyond
Profit

34.
profit!
potential!
+!
new school of
old school conscientious
corporations! entrepreneurs!
social impact!
−! +! potential!
old school not-
for-profits!
−!

35.
Nowadays
there
is
a
new
school
of
entrepreneurs
emerging.
Profit
with
a
purpose.
What
is
your
purpose
besides
profit?

36.
Ooops!

37.
Use
the
business
model
canvas
;-­‐)

38.
The

39.
Try
to
explain
a
business
model
without
the
canvas…
This
one
might
look
obvious,
but
it
isn’t.
Use
the
business
model
canvas
for
business
model
innovation.

40.
www.businessmodelgeneration.com