The Business Model Canvas: Let your business thrive with this simple model
By 50minutes
4/5
()
About this ebook
An increasing number of people are taking the plunge and creating their own businesses, choosing to be their own boss and create their own profits. Yet this is no mean feat, which is why it is essential to have a solid business plan. This guide will teach you all about the Business Model Canvas and how it can increase your value proposition, and improve your company.
In 50 minutes you will be able to:
•Identify the nine factors affected by the Business Model Canvas and why they are important
•Analyse concrete applications of the Business Model Canvas with real-life case studies
•Learn more about the limits and criticism of the tool, so that you can apply the BMC effectively and use it alongside other complementary tools
ABOUT 50MINUTES.COM| COACHING
The Coaching series from the 50Minutes collection is aimed at all those who, at any stage in their careers, are looking to acquire personal or professional skills, adapt to new situations or simply re-evaluate their work-life balance. The concise and effective style of our guides enables you to gain an in-depth understanding of a broad range of concepts, combining theory, constructive examples and practical exercises to enhance your learning.
Read more from 50minutes
Albert Camus: Existentialism, the Absurd and rebellion Rating: 5 out of 5 stars5/5Transactional Analysis: A valuable tool for understanding yourself and others Rating: 3 out of 5 stars3/5The United Nations: The Organisation at the Heart of International Diplomacy Rating: 5 out of 5 stars5/5The Eruption of Vesuvius: The Deadly Disaster of Pompeii Rating: 5 out of 5 stars5/5Winston Churchill: Britain’s Legendary Wartime Leader Rating: 0 out of 5 stars0 ratingsYoga for Beginners: Simple techniques to boost your wellbeing Rating: 0 out of 5 stars0 ratingsThe Yom Kippur War: The Arab-Israeli Conflict of 1973 Rating: 0 out of 5 stars0 ratingsThe Six-Day War: The Conflict that Re-Shaped the Middle East Rating: 0 out of 5 stars0 ratingsThe Trojan War: A legendary conflict in Ancient Greece Rating: 0 out of 5 stars0 ratingsOpus Dei: The Secrets and Scandals of an Influential Organisation Rating: 0 out of 5 stars0 ratingsHenry Ford: Mass Production and the Model T Rating: 0 out of 5 stars0 ratingsGeorges Lemaître: The Big Bang Theory and the Origins of Our Universe Rating: 5 out of 5 stars5/5The Battle of Thermopylae: The Heroic Fall of Leonidas I and the 300 Spartans Rating: 5 out of 5 stars5/5Magellan: The First Circumnavigation of the Globe Rating: 0 out of 5 stars0 ratingsLearn to Love Yourself: Practical steps to build confidence and self-esteem Rating: 0 out of 5 stars0 ratingsMindfulness: The secrets to inner peace and harmony Rating: 0 out of 5 stars0 ratingsIsaac Newton: A Giant of Modern Science Rating: 0 out of 5 stars0 ratingsThe Battle of Tours: The Turning Point in the Struggle Against Islam Rating: 0 out of 5 stars0 ratingsThe Chernobyl Disaster: The Nuclear Catastrophe and its Devastating Effects Rating: 0 out of 5 stars0 ratingsThe Battle of Lepanto: The Brutal Defeat of the Ottoman Empire Rating: 0 out of 5 stars0 ratingsThe Watergate Scandal: The conspiracy that brought down Nixon Rating: 0 out of 5 stars0 ratingsThe Battle of Verdun: The Horror of Trench Warfare Rating: 0 out of 5 stars0 ratingsJohn Paul II: The Pope Who Modernised the Catholic Church Rating: 0 out of 5 stars0 ratingsGeorge Washington: The Founding Father of the US Constitution Rating: 4 out of 5 stars4/5World War I: Part Three: 1918: The Outcome Rating: 0 out of 5 stars0 ratingsThe Battle of Britain: Britain’s Strong Victory Against Nazi Germany Rating: 0 out of 5 stars0 ratingsAlbert Einstein: The Genius who Changed the Face of Physics Rating: 1 out of 5 stars1/5Vasco da Gama: The Sea Route to India Rating: 0 out of 5 stars0 ratings
Related to The Business Model Canvas
Titles in the series (32)
Porter's Five Forces: Understand competitive forces and stay ahead of the competition Rating: 4 out of 5 stars4/5The Competitive Power of the Product Lifecycle: Revolutionise the way you sell your products Rating: 0 out of 5 stars0 ratingsIshikawa Diagram: Anticipate and solve problems within your business Rating: 5 out of 5 stars5/5The Marketing Mix: Master the 4 Ps of marketing Rating: 5 out of 5 stars5/5Pareto's Principle: Expand your business with the 80/20 rule Rating: 5 out of 5 stars5/5Game Theory: The art of thinking strategically Rating: 3 out of 5 stars3/5Michael Porter's Value Chain: Unlock your company's competitive advantage Rating: 4 out of 5 stars4/5The Greiner Growth Model: Anticipate crises and adapt to a changing business world Rating: 0 out of 5 stars0 ratingsGestalt Psychology for Marketing and Leadership: Influence customer perceptions and make your advertising more memorable Rating: 0 out of 5 stars0 ratingsThe Theory of Comparative Advantage: Why specialisation is the key to success Rating: 0 out of 5 stars0 ratingsThe Six Sigma Method: Boost quality and consistency in your business Rating: 3 out of 5 stars3/5Maslow's Hierarchy of Needs: Gain vital insights into how to motivate people Rating: 5 out of 5 stars5/5The BCG Growth-Share Matrix: Theory and Applications: The key to portfolio management Rating: 2 out of 5 stars2/5The Law of Diminishing Returns: Theory and Applications: Understand the fundamentals of economic productivity Rating: 0 out of 5 stars0 ratingsManagement by Objectives: Get the best out of your employees Rating: 0 out of 5 stars0 ratingsThe Balanced Scorecard: Turn your data into a roadmap to success Rating: 4 out of 5 stars4/5Freemium: Attract more customers and boost your sales Rating: 0 out of 5 stars0 ratingsMcKinsey 7S Framework: Boost business performance, prepare for change and implement effective strategies Rating: 4 out of 5 stars4/5Parkinson's Law: Master time management and increase productivity Rating: 0 out of 5 stars0 ratingsThe Peter Principle: Say NO! to incompetence at work Rating: 4 out of 5 stars4/5The SWOT Analysis: A key tool for developing your business strategy Rating: 4 out of 5 stars4/5SMART Criteria: Become more successful by setting better goals Rating: 5 out of 5 stars5/5Capital Asset Pricing Model: Make smart investment decisions to build a strong portfolio Rating: 4 out of 5 stars4/5The Business Model Canvas: Let your business thrive with this simple model Rating: 4 out of 5 stars4/5Improve Your Business Through Kaizen: Boost your results with continuous improvement Rating: 4 out of 5 stars4/5The Long Tail Theory for Business: Find your niche and future-proof your business Rating: 0 out of 5 stars0 ratingsPESTLE Analysis: Understand and plan for your business environment Rating: 4 out of 5 stars4/5Customer Relationship Management: A powerful tool for attracting and retaining customers Rating: 4 out of 5 stars4/5Business Plan Checklist: Plan your way to business success Rating: 5 out of 5 stars5/5
Related ebooks
Business Plan Checklist: Plan your way to business success Rating: 5 out of 5 stars5/5The Balanced Scorecard: Turn your data into a roadmap to success Rating: 4 out of 5 stars4/5Customer Relationship Management: A powerful tool for attracting and retaining customers Rating: 4 out of 5 stars4/5Handbook of Business Model Innovation: Tips & Tools on How to Innovate Business Models Rating: 5 out of 5 stars5/5Benchmarking for Businesses: Measure and improve your company's performance Rating: 0 out of 5 stars0 ratingsThe Innovator's Solution (Review and Analysis of Christensen and Raynor's Book) Rating: 0 out of 5 stars0 ratingsIterative Business Model Canvas Development - From Vision to Product Backlog: Agile Development of Products and Business Models Rating: 0 out of 5 stars0 ratingsThe Little Booklet on Business Design: Getting Started Rating: 0 out of 5 stars0 ratingsMichael Porter's Value Chain: Unlock your company's competitive advantage Rating: 4 out of 5 stars4/5Business Model You: A One-Page Method For Reinventing Your Career Rating: 4 out of 5 stars4/5The Long Tail Theory for Business: Find your niche and future-proof your business Rating: 0 out of 5 stars0 ratingsThe Marketing Mix: Master the 4 Ps of marketing Rating: 5 out of 5 stars5/5The SWOT Analysis: A key tool for developing your business strategy Rating: 4 out of 5 stars4/5Freemium: Attract more customers and boost your sales Rating: 0 out of 5 stars0 ratingsThe BCG Growth-Share Matrix: Theory and Applications: The key to portfolio management Rating: 2 out of 5 stars2/5The One Page Business Plan (Review and Analysis of Horan's Book) Rating: 5 out of 5 stars5/5The Competitive Power of the Product Lifecycle: Revolutionise the way you sell your products Rating: 0 out of 5 stars0 ratingsPESTLE Analysis: Understand and plan for your business environment Rating: 4 out of 5 stars4/5Porter's Five Forces: Understand competitive forces and stay ahead of the competition Rating: 4 out of 5 stars4/5Gestalt Psychology for Marketing and Leadership: Influence customer perceptions and make your advertising more memorable Rating: 0 out of 5 stars0 ratingsThe Lean Startup (Review and Analysis of Ries' Book) Rating: 5 out of 5 stars5/5Pareto's Principle: Expand your business with the 80/20 rule Rating: 5 out of 5 stars5/5The Law of Diminishing Returns: Theory and Applications: Understand the fundamentals of economic productivity Rating: 0 out of 5 stars0 ratingsMcKinsey 7S Framework: Boost business performance, prepare for change and implement effective strategies Rating: 4 out of 5 stars4/5The Greiner Growth Model: Anticipate crises and adapt to a changing business world Rating: 0 out of 5 stars0 ratingsBusiness Model Canvas A Complete Guide - 2021 Edition Rating: 0 out of 5 stars0 ratingsParkinson's Law: Master time management and increase productivity Rating: 0 out of 5 stars0 ratings
Business Development For You
How to Start a Business for Beginners: A Complete Guide to Building a Successful & Profitable Business Rating: 5 out of 5 stars5/5The 30 Laws of Flow: Timeless Principles for Entrepreneurial Success Rating: 5 out of 5 stars5/5Good to Great: Why Some Companies Make the Leap...And Others Don't Rating: 4 out of 5 stars4/5The Crash Course: The Unsustainable Future of Our Economy, Energy, and Environment Rating: 5 out of 5 stars5/5The Anthology of Balaji: A Guide to Technology, Truth, and Building the Future Rating: 4 out of 5 stars4/5Summary of Elaine Pofeldt's The Million-Dollar, One-Person Business Rating: 0 out of 5 stars0 ratingsHigh-Profit Prospecting: Powerful Strategies to Find the Best Leads and Drive Breakthrough Sales Results Rating: 5 out of 5 stars5/5Rocket Fuel Rating: 0 out of 5 stars0 ratings212 The Extra Degree: Extraordinary Results Begin with One Small Change Rating: 5 out of 5 stars5/5Nolo’s Guide to Single-Member LLCs: How to Form & Run Your Single-Member Limited Liability Company Rating: 0 out of 5 stars0 ratingsDoughnut Economics: Seven Ways to Think Like a 21st-Century Economist Rating: 4 out of 5 stars4/5Summary The Ideal Team Player By Patrick Lencioni Rating: 4 out of 5 stars4/5Ultralearning: Master Hard Skills, Outsmart the Competition, and Accelerate Your Career Rating: 4 out of 5 stars4/5This Shit Works: A No-Nonsense Guide to Networking Your Way to More Friends, More Adventures, and More Success Rating: 0 out of 5 stars0 ratingsDon't Trust Your Gut: Using Data to Get What You Really Want in LIfe Rating: 3 out of 5 stars3/5Leadership BS: Fixing Workplaces and Careers One Truth at a Time Rating: 4 out of 5 stars4/5The Second in Command: Unleash the Power of Your COO Rating: 0 out of 5 stars0 ratingsThe E-Myth Contractor: Why Most Contractors' Businesses Don't Work and What to Do About It Rating: 4 out of 5 stars4/5Vivid Vision: A Remarkable Tool for Aligning Your Business Around a Shared Vision of The Rating: 4 out of 5 stars4/5The Strategist: Be the Leader Your Business Needs Rating: 4 out of 5 stars4/5The Magic of Tiny Business: You Don’t Have to Go Big to Make a Great Living Rating: 4 out of 5 stars4/5How the Mighty Fall: And Why Some Companies Never Give In Rating: 4 out of 5 stars4/5Buy, Grow, Exit: The ultimate guide to using business as a wealth-creation vehicle Rating: 4 out of 5 stars4/5The $100 Startup by Chris Guillebeau: Summary and Analysis Rating: 4 out of 5 stars4/5Stretch: Unlock the Power of Less -and Achieve More Than You Ever Imagined Rating: 4 out of 5 stars4/5Capital in the Twenty-First Century Rating: 4 out of 5 stars4/5The Rise of the Rest: How Entrepreneurs in Surprising Places are Building the New American Dream Rating: 5 out of 5 stars5/5
Reviews for The Business Model Canvas
2 ratings0 reviews
Book preview
The Business Model Canvas - 50minutes
Key information
Name: Business Model Canvas, BMC.
Uses: The Business Model Canvas is a valuable strategic tool which is used to conceptualise new business models or to document existing ones. It helps to guide decisions about the launch of a product, a startup or a new process by illustrating the value and core activity of a company.
Why is it successful? The simplicity and clarity of the tool’s visual presentation make it easy to use alone or as part of a team.
Key words:
Business model: The model through which a company creates value. Through a strategy for developing the core business, this value should manifest itself in financial rewards for companies that are able to satisfy their customers.
Business plan: A projection, written down in an official document, which outlines this strategy based on market analyses and rigorously gathered and studied data.
Canvas: A basic outline which groups together a collection of elements in a structured way.
Introduction
Ambitious employees who want to rise through the ranks in their company and make revolutionary, high-value ideas viable,