Developing a sound business model is key to the successful launch of a business. But you should never assume the business modeling is finished once the business begins to grow. Keeping a business model current is critical for long-term success. Who is my target market? MORE >>

For survival, the objective of every business should be to bring in revenues which exceed their costs. Yet I continue to see business plans, or even talk to founders, and can’t find the specifics of the business model anywhere. Try to relate your business model to one that’s already successful and understood. MORE >>

The real milestone, proving the business model, is that first product sold for full price to a total stranger, leaving him happy. Of course, one sale isn’t really enough, so you need to get the first customer to recommend you to a second, and make sure rate of sales ramps up quickly enough to keep the business alive and growing. MORE >>

Startonomics SF 2008) Startup Metrics: Sample User Conversion Dashboard Startup Metrics: Example Marketing Channels Startup Metrics: The 1-Page Business Model Successful Developer Platforms Have 3 Things: Features, Users, Money. Marketing, Metrics, & Meaning (4 Pirates, in LA @ BlueGlass) Youve Seen This Shit B4. Part II! MORE >>

also couldn’t help feeling that the full impact of all that lean thinking has to offer is left deferred to latter stages when customer value production is in full tilt (after Product/Market Fit). Entrepreneurs build systems to manufacture happy customers and the business model is a blueprint of that system. MORE >>