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Developing talent Growing ventures Opening markets Visit us at marsdd.com BUSINESS MODEL CANVAS ENTREPRENEURSHIP 101 MARK ZIMMERMAN @MARKZIM NOVEMBER 2014

Business Model Canvas - Entrepreneurship 101

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Thinking carefully about economics and business strategy can mean the difference between having great technology and having a great company. This lecture focuses on clearly defining your business model, including how you’re going to make money with your product or service. Case studies are used to test concepts against a specific business.

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Page 1: Business Model Canvas - Entrepreneurship 101

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Visit us at marsdd.com

BUSINESS MODEL CANVAS

ENTREPRENEURSHIP 101

MARK ZIMMERMAN

@MARKZIM

NOVEMBER 2014

Page 2: Business Model Canvas - Entrepreneurship 101

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Our Future MattersNovember

2014

Page 3: Business Model Canvas - Entrepreneurship 101

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Our Future Matters

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Our Future Matters

Page 5: Business Model Canvas - Entrepreneurship 101

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Our Future Matters

Who do you serve?

Page 6: Business Model Canvas - Entrepreneurship 101

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Our Future Matters

What problems do you solve?

What jobs do you do?

Page 7: Business Model Canvas - Entrepreneurship 101

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Our Future Matters

How do customers find you?

How do they buy?

How do you deliver?

Page 8: Business Model Canvas - Entrepreneurship 101

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Our Future Matters

What type of relationships do you have?

Page 9: Business Model Canvas - Entrepreneurship 101

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Our Future Matters

How do you get paid?

Page 10: Business Model Canvas - Entrepreneurship 101

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What things mustyou do?

Page 11: Business Model Canvas - Entrepreneurship 101

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What resources do you need to do them?

Page 12: Business Model Canvas - Entrepreneurship 101

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Our Future Matters

Who else do you need to make your model work?

Page 13: Business Model Canvas - Entrepreneurship 101

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What does it cost to operate the model?

Page 14: Business Model Canvas - Entrepreneurship 101

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Our Future Matters

Social & environmental costs

Social & environmental benefits

Page 15: Business Model Canvas - Entrepreneurship 101

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Our Future Matters

What?

Who?

Why?

How?

Page 16: Business Model Canvas - Entrepreneurship 101

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Our Future Matters

Page 17: Business Model Canvas - Entrepreneurship 101

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Page 18: Business Model Canvas - Entrepreneurship 101

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1970 - Invented 1976 - Patented1986 - Launched

Sold as a complete solution, machines & coffee for a per cup price to restaurants and offices.

Page 19: Business Model Canvas - Entrepreneurship 101

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Our Future Matters

1970 - Invented 1976 - Patented1986 - Launched1988 - Acknowledged

dud, Nestle considers shutdown.

Sold as a complete solution, machines & coffee for a per cup price to restaurants and offices.

Page 20: Business Model Canvas - Entrepreneurship 101

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Our Future Matters

1989 - Jean Paul Gaillard named Commercial Director -“Pivots”

Page 21: Business Model Canvas - Entrepreneurship 101

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Our Future Matters

Separate the machine from the coffee.

Page 22: Business Model Canvas - Entrepreneurship 101

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Our Future Matters

Separate the machine from the coffee.

Made and serviced by 3rd parties.Sold through independent retail

stores. Manufacturers handle delivery

and stocking.

Nespresso handles sales training.

Page 23: Business Model Canvas - Entrepreneurship 101

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Our Future Matters

Separate the machine from the coffee.

Made and serviced by 3rd parties.Sold through independent retail

stores. Manufacturers handle delivery

and stocking.

Nespresso handles sales training.

Sold online and over the phone direct to members of the Nespresso Club.

Delivered direct to consumers in 24 hours or less.

Page 24: Business Model Canvas - Entrepreneurship 101

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Our Future Matters

As market matured Nespresso added their own brand machines made by an OEM.

Added it’s own retail boutiques to further control the sales message.

Created Nespresso Pro channel to serve the office market.

Page 25: Business Model Canvas - Entrepreneurship 101

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Our Future Matters

~$3 billion in annual revenue

50 countries

30% CAGR over 10 years

12 million machines

20 billion capsules

Page 26: Business Model Canvas - Entrepreneurship 101

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Our Future Matters

Page 27: Business Model Canvas - Entrepreneurship 101

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Our Future Matters

high end households

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Our Future Matters

Page 29: Business Model Canvas - Entrepreneurship 101

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Business Model Generation: A Handbook for Visionaries, Game Changers, and Challengersby Alexander Osterwalder and Yves Pigneur

Running Lean: Iterate from Plan A to a Plan That Works by Ash Maurya

Page 30: Business Model Canvas - Entrepreneurship 101

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And one more thing…

Page 31: Business Model Canvas - Entrepreneurship 101

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Our Future Matters

Page 32: Business Model Canvas - Entrepreneurship 101

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Our Future Matters

Page 33: Business Model Canvas - Entrepreneurship 101

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Our Future Matters

Products & Services

Gain Creators

Pain Relievers

Customer Job(s)

Gains

Pains

Value proposition canvas.

Page 34: Business Model Canvas - Entrepreneurship 101

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Visit us at marsdd.com

Thank you.

Mark Zimmerman@markzim