Lesson 3: Visualising Your Business Model 9 min.
Innovation alone is not enough. In this lesson, you will learn how to organise your idea in a clear and succinct manner, using helpful entrepreneurial tools to visualise your idea.
Lesson 3.1
Introduction To Business Model Canvas (BMC)
The BMC is an entrepreneurial tool for developing new business models. It is a visual chart that allows you to describe, design, invent and improve your business model.
5 min.
Lesson Notes
Customer Value
Customer Segment – Who
Customer Relationships – Engage
Channels – Reach
Value Proposition – Benefit
Revenue Stream – Monetize
Infrastructure
Key Activites – Activities needed to excel
Key Resources – Needs
Cost Structure – Where is the money going to
Key Partners – Who are your partners
Lesson 3.2
Visualising Your Business Model Canvas
Take the BMC one step further by building upon your business plan.
4 min.
Lesson Notes
9 Building Blocks of a Business Model
Key Partnerships
Key Activities
Value Proposition
Customer Relation
Channels
Customer Segments
Cost Structures
Revenue Streams