Startup 101: From Idea to Business Model

Too Long; Didn't Read

Business Model Canvas is a one-page document that works through the fundamental elements of a business or product, structuring an idea in a coherent way. The next step before which the majority gave up is translating that idea into a business model i.e., illustrating a startup value proposition, customers, revenue, and cost. Canvas has nine boxes and can be divide into 3 board sections: Customer, Offering, Infrastructure, Mapping cost of each activity, and maintaining relationship with the customers.