Episode 1 – Getting From Business Idea to Business Model
So you have a great idea for a product or service! What do you do now? In the coming weeks we will discuss the steps required go forward, pivot or head back to the drawing board.
In this six-part video series on the “Business Model Canvas” from The Kauffman Foundation you’ll learn the steps needed beginning with putting a framework around your idea, creating an MVP or prototype and then presenting it. Created with the founders of Strategyzer, these short, animated videos are designed to help you build a scalable and profitable business model. You’ll learn essential and critical concepts such as how to ensure your startup has a competitive edge, how to leverage environmental opportunities and how experimentation and innovation is important in fully developing your concept.
In Episode 1 we are introduced to Beth and Carl, and watch how an idea they believe could become a great business progresses toward a viable business. They are shown the modeling tools used to map out their business concept. So get ready and prepare to learn what it takes to build a successful, profitable business.