The document discusses different aspects of business models including: 1. It defines a business model as a conceptual tool that represents various elements of a business such as offerings, strategies, infrastructure, and processes. 2. It outlines the key components of a business model including value proposition, customer relationships, revenue streams, resources, and processes. 3. It explains that a business model should create value for customers and capture value for the business through competitive advantages.

1. Pros and Cons of Business Models By Val A. Slastnikov, Business Models Expert © 2010 Digitizer Group. All rights reserved

2. PART ONE (The Boring Part)

6. Business as a Model VALUE PROPOSITION COST STRUCTURE CUSTOMER RELATIONSHIP TARGET CUSTOMER DISTRIBUTION CHANNEL VALUE CONFIGURATION CORE CAPABILITIES PARTNER NETWORK REVENUE STREAMS INFRASTRUCTURE CUSTOMER OFFER FINANCE Business Model Design Template by Dr. Alex Osterwalder, PhD.

7. Business as a System FINANCE Business Flowchart by Rich Schefren Input Output Suppliers & Vendors Customers & Affiliates Your Business Systems Tasks Processes

17. VALUE PROPOSITION COST STRUCTURE CUSTOMER RELATIONSHIP TARGET CUSTOMER DISTRIBUTION CHANNEL VALUE CONFIGURATION CORE CAPABILITIES PARTNER NETWORK REVENUE STREAMS gives an overall view of a company's bundle of products and services portrays the network of cooperative agreements with other companies describes the channels to communicate and get in touch with customers describes the arrangement of activities and resources explains the relationships a company establishes with its customers sums up the monetary consequences to run a business model describes the revenue streams through which money is earned describes the customers a company wants to offer value to outlines the capabilities required to run a company's business model INFRASTRUCTURE CUSTOMER OFFER FINANCE Business Model Summary by Dr. Alex Osterwalder, PhD.

18. Where do YOU stand right now? Retire Biz Work Study ???

19. Where do you go from here?