WHY BUSINESS MODELS MATTERMuhammad Usama YousufEntrepreneurship

WHY BUSINESS MODELS MATTER

Buzzwords

You didnt need a strategy, or a special competence, or even customers all the business needed was a model that promised wild profitability

WHY BUSINESS MODELS MATTERWhat did it generateGBFVenture capitalIPO successInflationary salary and bonus trendsCriminals Enron, Adelphi, World Com

WHY BUSINESS MODELS MATTERCreating a business model is a lot like writing a new story.

New stories are actually the old version revised

Business models are versions of the generic value chain which has two partsMaking and Selling something

WHY BUSINESS MODELS MATTER

International business model the same as the local one?

Can a business model be changed on a rolling basis.

Models needs to pass two tests:The Narrative test (Priceline groceries and gas)The Numbers Test (Webvan groceries)

Walmart

WHY BUSINESS MODELS MATTERTargetStrategyStyleFashion

Dell ComputersJIT, direct business model, made-to-order