Designing a Business Model For Your SaaS Subscription Startup
How much of your creative time have you invested in designing the business model for your SaaS subscription startup? There are two kinds of startup founders. The first believes success will naturally emerge from the product idea. The second believes success will happen only through a powerful business model. Which kind of founder do you […]
7 Customer Interview Tips To Generate The Best Insights
Okay. You’re excited because you’ve scheduled some customer interviews. You know this is a great opportunity to generate insights that will boost your startup development. But, some entrepreneurs simply waste this wonderful opportunity because they ignore one or more of the following customer interview tips. 1. Ask Open-Ended Questions The more your customers talk, the […]
Doing Customer Interviews? Be Sure To Cover These 7 Topics
Generating insights from customer interviews is one of the 9 Cheap (But Powerful) Steps To Get Your Startup Idea Going. But, what kind of insights should you get from these interviews? To avoid turning customer interviews into just nice conversations, I always have in mind the following seven insights. P.S.: I Consider items 1 to […]
9 Cheap (But Powerful) Steps To Get Your Startup Idea Going
Is “lack of money to launch my startup” your favorite excuse for not executing your business idea? Definitely, you must redesign your logic. Right now. Money is indeed necessary to build a successful business. But, not having enough money to build the whole business doesn’t mean you cannot start your execution. Actually, taking the first […]
5 Methods To Validate Your Startup Solution
After identifying the riskiest assumptions about your startup solution, it’s time to validate it with real people. But, what validation methods can you use? In this post, I’ll present you 5 well-known validation methods: wireframes, mockups, prototypes, landing pages and MVPs. WIREFRAMES A wireframe is a very simple, sketchy representation of your solution. Its main […]
What Is Your Startup’s Cost Structure?
The decisions taken on a startup’s business model will determine what costs will it incur while creating, selling, and delivering its value proposition. The cost structure block describes all the relevant costs a startup has, based on its business model design.
Who Are Your Startup’s Key Partners?
Key partners are companies or people outside your startup that may provide relevant value for your business model to be successful. These partners have skills, resources, and knowledge that complement your startup’s strategy and close your business model gaps.
What Are Your Startup’s Key Activities?
Key activities are those activities that are vital for your startup’s business model to run successfully. For example, if you’re offering a delivery platform focused on elderly people, you’ll need to be excellent at managing the platform, executing logistics, and educating your customers.
What Are Your Startup’s Key Resources?
Your decisions about your business model will demand key resources to make it run successfully. Accordingly to Alexander Osterwalder, these resources are:
What Are Your Startup’s Revenue Streams?
Yes, this is the part where you start capturing the value created for your customers. It’s the definition of who will pay for what and how much.