According to Joel Monegro, a former analyst at USV (a venture capital firm) the blockchain implies value creation in its protocols. Where the web has allowed the value to be captured at the applications layer (take Facebook, Twitter, Google, and many others). In a Blockchain Economy, this value might be captured by the protocols at … Continue reading Blockchain Economics 101: The Theories Of Value In A World Driven By The Blockchain
Pat Flynn, creator of Smart Passive Income makes money by affiliate marketing, book sales, and course sales. He has also built niche sites that generate passive revenue streams. Additional income comes from podcast sponsorships, software, and apps. The smart passive income model purpose is to automate revenue generation. What is Smart Passive Income? Pat Flynn … Continue reading How Does Pat Flynn Make Money? The Smart Passive Income Business Model Explained
Back in 2015, I was a financial analyst. Yet I was bored of the 9-5 work life as an employee and I wanted to break free. After reading a few marketing books, I realized that the fastest and most effective way for me to make money was to do it online. In fact, by creating … Continue reading How To Find A Course Idea And Make Money On Udemy
How do you build an effective company? For effective, I mean a company able to grow quickly, gain traction, have a strong brand while becoming financially viable in a relatively short time frame. With that question in mind, I’ve studied hundreds of companies and looked at several frameworks and toolbox for entrepreneurs. I’ve come to the … Continue reading Business Model Framework To Build A Solid Company
The key components of any business model are: A compelling value proposition: How do you want your people to think about your brand? A unique brand positioning: What do you offer to your people that make them want more? A 10x goal setting: Can you offer a 10X better product or service? (compared to existing solutions) Customer segments: Who … Continue reading What Are The Key Components Of Any Business Model?
Some of the key strategies to take advantage of Amazon’s platform are about understanding customers’ needs, using testimonials and reviews, improve product variety while offering competitive pricing. While price and variety matters, it also matters to differentiate your offering compared to existing players. The strength of the Amazon ecosystem Whether you love, hate, or feel … Continue reading Model After The Strategies Used By Amazon To Get Traction Over Your Own Store
As more startup are springing up on Blockchain technologies, it is normal to see the proliferation of Blockchain protocols that promise to disrupt any industry. Just like when the web started to become mainstream, thanks to technologies like search engines. We saw the birth of many search engines that made the search market fragmented; up … Continue reading Do Blockchain Business Models Imply A New Business Playbook?
In this article, we’ll see a few one-page tools to give entrepreneurs clarity of mind on their overall business to take action to build a sustainable venture that unlocks value for many players in the long-term. Business model canvas The nine-building blocks of the business model canvas comprise vital partners, key activities, value propositions, customer … Continue reading Business Model Tools for Small Businesses and Startups
Before we dive into the Google business model canvas, it is important to notice that a business model is an ever-evolving creature. Thus, the pieces of the puzzle that will give rise to a unique business model today might be completely different in the future. This is even more evident for tech giants, like Google, which disrupted … Continue reading Google Business Model Canvas
Among my passions, I love to check financial data about companies I like. Recently I was looking for a quick way to get reliable financial information for comparative analyses. At the same time, I was looking for shortcuts to perform that analysis. I was researching for myself. I thought why waste so much time on scraping financial … Continue reading Wolfram Alpha: The Physicist Turned a Successful Entrepreneur
In the infographic above you can appreciate Facebook growth in ARPU over the years. ARPU or average revenue per user is a critical metric to understand how Facebook monetizes and has monetized its users over the years. As the Facebook business model is primarily powered by advertising, failing in monetizing its users, by selling them targeted … Continue reading Visualizing Facebook ARPU Over The Years And Why It Matters
Back in the year 2000, Amazon business model was facing scalability issues, primarily due to its massive infrastructure growth. More precisely Amazon was looking for a way to allow merchants to build their own e-commerce on top of Amazon. This would later become the critical strength and competitive advantage for Amazon. That is also why with … Continue reading Why Amazon Is Doubling Down On AWS
Facebook is worth on average over $1000 on a yearly basis for its users according to a study conducted by Jay R. Corrigan, Saleem Alhabash, Matthew Rousu, Sean B. Cash, entitled “How much is social media worth? Estimating the value of Facebook by paying users to stop using it.” Facebook, like Uber? A social network is not far … Continue reading How Much Is Facebook Really Worth To Users?
ChaCha was a human-guided search engine. It provided free, real-time answers to any question, through its website, via text messaging, or by using one of the company’s mobile apps. ChaCha was founded in 2006 by Scott A. Jones and Brad Bostic. Its name comes from the Mandarin Chinese word cha, which means “to search.” Today … Continue reading ChaCha: the Human-Powered Search Engine That Burned $96 Million
Back in 2005, Amazon.com had already become a massive success. A website, turned into a bookstore with a wide selection of books, had started in July 1994. By 1995 it had sold already half a million worth of inventory. Its growth was exponential and by 1997 sales skyrocketed at over a hundred forty-seven million dollars! … Continue reading Jeff Bezos Teaches You When Judgment Is Better Than Math And Data
In this infographic, you can appreciate the evolution of Apple by looking at how its central products sales evolved in the decade 2008-18. Taking a long-term perspective on how companies’ revenue streams evolve is interesting to understand also how their business strategy changes over time. By taking a long-term look at the decade 2008-18 four … Continue reading A Decade-Long Evolution Of Apple Sales By Products
Back in 1985, Steve Jobs was ousted from Apple. The company would still benefit from a few years of continuing growth until it hit a roadblock and sales started to fall. By 1996 Apple brought in a new CEO which was supposed to turn it over. But by 1997 things didn’t get better until Apple … Continue reading A Look At Apple’s Business Strategy For The Coming Years
It was the year 1997. Apple was experiencing a sharp sales decline: Compared to 1996 the company’s net sales decreased by 28% and even more compared to just a couple of years before. To understand the severity of the crisis, an article from NY Times dated March 28th, 1996 said: Apple Computer said today that it … Continue reading Revisiting The Apple-NeXT Deal And Why It Mattered
Let’s define pull and push marketing from the perspective of the target audience or customers. In push marketing as the name suggests you’re promoting a product so that consumers can see it. In a pull strategy, consumers might be looking for your product or service drawn by its brand. Push marketing in a nutshell Push … Continue reading Push Vs. Pull Marketing And Why You Need Both
The term business model seems to have sprouted from the internet era. When a whole new set of companies managed to propose what might appear at first innovative business models. The term itself has been growing in popularity in the last decades: This might make us fall into the assumption that business modeling is something new, pretty … Continue reading Are Business Models Useful? Business Models As Models