“There is not a single business model … There are really a lot of opportunities and a lot of options and we just have to discover all of them.” Tim O´Reilly, CEO
This section is about re-interpreting strategy through the lens of the Business Model Canvas. This will help us constructively question established business models and strategically examine the environment in which our own business model functions.
“Businesspeople don´t just need to understand designers better; they need to become designers.” Roger Martin
This chapter describes a number of techniques and tools from the world of design that can help us design better and more innovative business models. The following text explores six business model design techniques:
“Pattern in architecture is the idea of capturing architectural design ideas as archetypal and reusable descriptions” Christopher Alexander
This section in the book describes business models with similar characteristics, arrangements of business model Building Blocks, or behaviors. The patterns described should help us understand business model dynamics and serve as a source of inspiration for our own work with business models.
Within the next week I´ll post my complete summary (5 parts) of the book/ the method “Business Model Generation” by Osterwand & Pigneur.
The book is about a method to create and work on a business model using different processes. All of the processes are described with a lot of real examples like Amazon.
I´ll try to give a brief summary without going into great detail because it´s just too much input. It would definitely go beyond the scope of this blog. I recommend anyway to take a look at the book for studying all the examples. Especially the first part of the book is worth reading! The Canvas model I´ll start with is just an amazing tool!
He tells a story about his time on the Gulf Coast down in Texas when he thought about the ocean. A strecht of the ocean provides us Transport, fishing activities, swimming, sports, hotels and so on. Endless potential for different businesses.
In thinking about that, I found myself realizing that a lot of businesses (most especially small and solo businesses) try very hard to supply all and every part of the ocean they serve. Continue reading →
In his article Derek Sivers shares a great thought which I want to spread as well. Derek thinks about why we´re asking ourselves “What makes us happy?” over and over again? He points out that emotion-based answers often conflict with our expectations – and to be honest, he is right.
“I´m a musician, but I love working alone. Does that mean I should be a producer instead of a performer?”
Instead, we should ask ourselves: “What do you hate NOT doing?”
The author of this great article talks about what an Entrepreneur needs to be successful and how we can measure ourselves if we´ve got what we need.
She disagrees with the saying “Entrepreneurship can be taught” – she uses the phrase “genetics loads the gun and environment pulls the trigger” instead. Rebekah Iliff points out the importance of the environment of us and our understanding of an entrepreneur´s psychographics.