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Where to start

Posted: Mon Feb 17, 2025 9:38 am
by sumonasumonakha.tu1
To start a business model, whether it is a new company or if it already exists but does not have a documented strategy, the first step is to have your idea in mind.

Not just superficially, but with as much information as possible about the viability of that idea, so that we can then begin to understand how people react to it.

Next, figure out who your ideal buyer is and do detailed market research to see if people are austria mobile database interested in what you want to offer and, most importantly, if they are willing to pay for it.

Without real market data, you will probably have difficulty developing a truly applicable and functional business model, since it is from your customer segment that all the other windows of the Canvas will be filled.

With research in hand and data from potential real consumers, evaluate whether that idea is really plausible and can generate profits.

Then, get your Canvas in hand, either online or printed, and fill out each of the steps in the order described above, but never in a definitive way! You may change several things several times as you fill it out, so sticky notes or filling it out online allow you to start over.

Tip: An optimized way to fill out the Canvas is by using those different colored sticky notes for the different deliverables. This way, you can classify your services (when there are more than 1) and visualize the processes.

Remember that the idea is to understand your business model in the simplest and clearest way possible.