How To Run a Business Model Hackathon

Instigator Blog

In my recent post on lessons learned launching a lean startup accelerator I made reference to another kind of hackathon — the Business Model Hackathon — as a tool we’ve used to vet entrepreneurs, find interesting people and learn. We did a handful of business model hackathons at Year One Labs, and each one ended up being a bit different. Can you switch from B2C to B2B?

Which Is The Best Business Model For Your Startup – B2B Or B2C?

Entrepreneurs-Journey.com by Yaro Starak

Choosing the right business to start is something that nobody can tell you except yourself. Ask ten business owners what they think as to which business to start and you’ll probably end up with fifteen different ideas because answering the Golden Question of Entrepreneurship often proves difficult to even the most seasoned business professional. What may be a cost-effective business now could be a nightmare waiting to happen. What Is “B2C&# ?

B2C 29

Trending Sources

Strong B2C biz models – moats, bars, alerts, and habits

The Startup Toolkit

Strong B2C business models have moats, bars, alerts, and habits. Here’s how it fits together: The most dramatic moats are in winner-take-all markets and are built from user activity, which means they grow stronger as your business scales. Good examples are marketplace liquidity (ebay, tinder), meaningful social graphs (twitter, linkedin), and content businesses (slideshare, youtube). Business models

B2C 14

What Is B2B And Why Choose This Business Model For Your Startup?

Entrepreneurs-Journey.com by Yaro Starak

Last week, in part one of the B2B versus B2C series, I explained there are several reasons as to why entrepreneurs should venture into “B2B” (“Business to Business”) service based companies as opposed to any form of “B2C” (“Business to Consumer”) company, “B2B” product-oriented company or strictly a web-based B2B firm. I outlined the disadvantages and advantages for the first-time entrepreneur in starting up a B2C product-based or service-based company.

B2B 19

6 ways to monetize a user-based business model

The Next Web

How do you monetize a unique business model based on users rather than selling an actual product? When our users do business with each other, we take a fee as facilitator. We have a very simple business model.

Freemium Mechanics

Venture Chronicles

If you are interested in freemium business models or any of the variations on the theme, this is well worth reading however I take issue with a couple of points. This is an interesting discussion and the body of work that can be studied is relatively small and fluid given the immaturity of freemium as a business model. However, a couple of things are increasingly apparent for people who are running these businesses.

Does free/freemium work in the enterprise?

Version One Ventures

When developing a business model, every software and app start-up eventually faces the same core question: Should we focus on monetizing customers or driving usage? As Fred Wilson put it : “When scale matters, when network effects matter, when your users are creating the content and the value, free is the business model of choice.”. In the enterprise, freemium models generally work in two situations: You target a large enough user base.

B2C 9

Pricing determines your business

A Smart Bear: Startups and Marketing for Geeks

Rather, it fundamentally determines the nature of the product and the structure of the business that produces it. Your product is designed with natural tripwires to trigger other pricing ( Freemium model ), or not (business model left as an exercise to your future self).

Introducing NextView III and Our Focus on the Everyday Economy

View from Seed

Others take bets on certain verticals or business models, such as marketplaces, SaaS, or enterprise technology. While our lens on the Everyday Economy is focused on our actions as individuals, it’s not constrained to B2C companies. What will the future hold?

AARRR is from the Pirate’s Point of View

Market by Numbers

The order (and truly, the metrics themselves) are dependent upon your business model. For B2C Free, Say RRAAR. For B2C or B2B Freemium, Cheer RRRAA! Exact order of AARRR is debatable from one business to another, so use above as guidelines only.

Marketing Your Startup: A Billion-Dollar Company’s First Marketer Reflects Back

View from Seed

We hit a challenge once we got to social media, because it was becoming much more crowded in our space with more businesses educating and creating more content. Even identifying as a demand-gen marketer or branding or B2B or B2C leaves a lot of decisions still on the table to actually execute.

Be Selective in Early Beta Programs to Find the Ideal Customers and Use Cases

Instigator Blog

The goal of a startup is to find a sustainable, repeatable and scalable business model. This is true whether you’re B2B or B2C (but more relevant for B2B companies.) And so much of a startup’s success is dependent on the early “beta period” where you provide access (to your product) to a limited group of prospects. If the beta period is a complete flop (no one uses the product, feedback is poor, etc.)

4 Things You Won’t Regret Spending Money on When Starting Your Business

Up and Running

When starting a business, the costs add up so fast that entrepreneurs are usually looking for ways to save money rather than increase costs. It’s no joke that the number of essential, necessary costs can be enough to make a new business owner’s head spin. Bplans Business Branding Guide.

B2C 43

2 Kinds of Start-ups That Get More Valuable Post-IPO

Inc Startups

A new analysis by a Silicon Valley venture capital firm identifies two tech business models that tend to stay strong. Not all new businesses are created equal--especially in high tech. More B2B than B2C companies had lower post-IPO valuation.

B2C 14

Scaling is Hard, Case Study: TripAdvisor

Seeing Both Sides

TripAdvisor may be one of the most fascinating companies I know and so I was excited to dig into their business model as part of my series on scaling. When he saw TripAdvisor.com start to pick up traffic, he decided to pursue an online advertising based business model with banner ads.

Software Eating Industries

Mucker Lab

Turns out, for whatever reason – cultural, business model, leadership, even bad luck – many incumbents have yet to figure out what to do with software, always on connectivity, and technology.

Danish ebook platform Riidr acquired by publisher JP/Politikens Hus

ArcticStartup

Over the last two years Breinholst says the platform has split into two business models - the B2C side where they sell ebooks and also a B2B whitelabel solution powering the independently run Bokon.se

B2C 6

Startup Killer: the Cost of Customer Acquisition | For Entrepreneurs

www.forentrepreneurs.com

Business Model I would like to propose that in addition to team, product, and market, there is actually a fourth, equally important, core element of startups, which is the need for a viable business model. In the model above, this was set to 10 deals per year per team.

8 strategic hacks for building marketplace liquidity

The Next Web

Many investors love “disruptive” businesses. This is in part because these businesses are unencumbered by legacy constraints that had previously been hardwired into the companies and industries these startups are trying to disrupt.

B2C 35

The Ultimate Guide to Choosing a Pricing Strategy for Your SaaS Startup

Up and Running

Five months ago, the five members of our Chanty team gathered around a small table in a coffee shop to try to answer the ultimate question for our business: “How will Chanty make money?”. Determining the right monetization strategy is by far the most important issue for every SaaS business.

Viral 44

The Science of Increasing Customer Loyalty

ConversionXL

The European Customer Satisfaction Index, a model for understanding customer loyalty ( Image Source ). To most businesses, customer loyalty is worth a lot of money. We can say the same thing for B2C products, for example, HeadSpace.

2013 Outlook: 7 Bold Prediction From the World's Top VCs

Inc Startups

Nonetheless, for venture capitalists, their business entails banking on a vision of the future. More companies will consider a freemium model | Pete Moran, general partner, DCM Freemium has become the accepted business model in a few verticals, most notably gaming.

Azure 42

9 Things You Should Know About Social Login & CRO

ConversionXL

Forward-looking businesses are using social login, also known as social sign-on, to do just that. There is much more to say about registration processes than I have space for in this article, but you can read more here: Why user registration sucks and how it hurts your business.

Cuba 51

Welcome to the 'Company as a Service' Paradigm

Inc Startups

Despite its hippie underpinnings, sharing is big business. All companies--not just those in the travel, media, and hospitality industries--must begin exploring the B2B and B2C sharing opportunities that new technologies make possible.

B2C 19

Is Offline the New Online?

Leveraging Ideas

The most major reason was that our users were not totally comfortable with the new type of social interaction our model was predicated on: staying at someone else’s house (and thereby undermining the $120M+ lodging market). Social dynamics often lag the models themselves ( think Mercata ).

B2C 1

Is Being “Lean” Different for B2B Startups?

Launching Tech Ventures

Launching Tech Ventures This blog collects student, guest, and instructor posts from Launching Technology Ventures, a Harvard Business School MBA elective course that examines lean startup management practices. I wonder if the chasm is different in B2B vs. B2C as well.

Scaling is Hard, Case Study: TripAdvisor

Inc Startups

TripAdvisor may be one of the most fascinating companies I know, and so I was excited to dig into their business model as part of my series on scaling. When he saw TripAdvisor.com start to pick up traffic, he decided to pursue an online advertising based business model with banner ads.

Scaling Sales: From Craft to Machine

Seeing Both Sides

Across our portfolio and in my own entrepreneurial experience, I have seen three main sales models work successfully in scaling B2B sales: 1) Enterprise; 2) Telephone; and 3) Developer-driven. Again, there are many who believe even the telesales model is flawed and outdated.

Sales 32

The 37 Greatest Business Ideas for Young Entrepreneurs

Mike Michalowicz

A kid can run a business. And here’s something that may be a shocker for you – you kid can probably run a business too. My kids are busy with school and sports. I’m not gonna burden them with the task of running a business in addition to everything else.

Product Strategies for Non-Strategists

The Product Guy

He grows revenue and adoption, and ensures product by turning business problems into profitable, simple, easy-to-use solutions Jordan works closely with his market, executives, and internal subject matter experts to develop roadmaps, and communicate these roadmaps internally and with clients.

Business Development vs. Product Management

The Product Guy

In a recent live stream from one of our mentors of The Product Mentor , Chris Butler, lead a conversation around “Business Development vs. Product Management”. He translates complex business problems into solutions that are easily consumed by engineering, marketing and sales.

Should Your SaaS Startup Be Free…Forever?

Launch Any

I had a quick conversation today with a new startup targeting businesses with a Service-as-a-Service product offering. Their startup solves a big need for my business. As a business owner and former founder of two SaaS-based startups, I was shocked. Because I don’t know if they will be around long enough for me to depend on their service for my day-to-day business needs. Misguided about how businesses work. Selling Confidence In Your Business.

B2C 3

Should Your SaaS Startup Never Charge Customers?

Launch Any

I had a quick conversation today with a new startup targeting businesses with a Service-as-a-Service product offering. Their startup solves a big need for my business. As a business owner and former founder of two SaaS-based startups, I was shocked. Because I don’t know if they will be around long enough for me to depend on their service for my day-to-day business needs. Misguided about how businesses work. Selling Confidence In Your Business.

B2C 3

Subscriptions are the New BLACK. (+ why Facebook, Google, & Apple.

500 Hats

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. Fear is the Mind Killer of the Silicon Valley Entrepreneur Web 3.0 = Hailstorm 2.0 & How MSFT-YHOO could beat GOOG Business Models for Social Networks Facebooks #1 Problem Publishing 2.0, 2) B2C site with a B2B revenue model.

Startup Tools

steveblank.com

My name is Crystal Williams, and I maintain a small business blog called Babeofbusiness.com. I hewar via thew grapevine that you’re thinking about a ‘Business Model Competition’ Interesting. Jeff skinner Faculty, London Business School.

Rapid Prototyping for Product Managers

The Product Guy

He grows revenue and adoption, and ensures product by turning business problems into profitable, simple, easy-to-use solutions Jordan works closely with his market, executives, and internal subject matter experts to develop roadmaps, and communicate these roadmaps internally and with clients.

Can B2B Companies Use Lean Startup Techniques?

Launching Tech Ventures

Launching Tech Ventures This blog collects student, guest, and instructor posts from Launching Technology Ventures, a Harvard Business School MBA elective course that examines lean startup management practices. In essence, salesforce.com sold a B2B product using lean B2C startup strategies.

B2C 8

The Science of Increasing Customer Loyalty

ConversionXL

The European Customer Satisfaction Index, a model for understanding customer loyalty ( Image Source ). To most businesses, customer loyalty is worth a lot of money. We can say the same thing for B2C products, for example, HeadSpace. Blog Business Building beginner

Raising Money Using Customer Development

Steve Blank

Chasing funding versus chasing customers and a repeatable and scalable business model, is one reason startups fail. If they’re not busy looking at their Blackberry’s/iPhone’s.) Is there a profitable business model?

Jussi Raisanen Shares What HeiaHeia Has Learned About Online Marketing

ArcticStartup

To consumers HeiaHeia seems like a consumer product - you see friends sharing their runs and workouts through the service, and the product feels like a social B2C product.

B2C 5