How to choose a right business model that is Scalable and sustainable ?
Business Model is not everyting ,its the Only thing when its come to choosing a
right kind of business that can be scaled ,sustained and organicaly grow. Its is most important exercise to know your bueinsss inside out before starting up.
here are some fundamentals that can come handy to help you choose right business model.
How to choose a right business model that is Scalable and sustainable ?
1. How to choose a Strong ,Scalable,Sustainable Business
Model based on some fundamental Attributes ?
By :- Prashant chauhan
Email : Prowebb@gmail.com
2. Rule # 1: If You cant Scale a Business Dont START
3. Rule # 2 :
Business model should Deliver mission Critical Product / Services to Target market
4. Rule #3 :
Business model should deliver High value proposation vs price to its target
market
5. Rule #4 :
Business should deliver mission critical product/ Service with high value
proposation to markets large enough so that even 1 % Market Cap would lead to
sustainable scale.
6. Rule #5:
Business model Should be based on model that provides high Customer life time
value (C.R.L.T.V) business should be able to build repeat revenue stream by milking
Same customers again and again .
7. Rule # 6
Cash is king, Business model should deliver business with real (+ve) Cash
Flow dont start a business that shows profitable only on Balance sheet
8. Rule #7
Business model should deliver business that is able to self Grow
Organicaly from its own profits
9. 1 X 10 > 10 X 1
Rule # 8:
Good Business Model X team of mediocare resources > Team of Excellent Resoucres X bad Business model
Business should be based on model that enables it to scale with mediocare
resources backed with strong process based on less complex iterations.
10. Map On How to Choose a Scalable , Sustainable ,Business Model
11. Presentation By : Prashant chauhan
email:prowebb@gmail.com
Ph :9223544262