Startup Secrets Sandbox

Customer-Centric Business Model

Create a Customer-Centric Business Model that includes your Customer Value Proposition

Frameworks

Workshop Slide Deck

Video Recording

Business Model Examples

In its simplest form, a business model is how you deliver value to customers and make money in return. Here are some key considerations for developing a strong business model:

⁠

Customer Value Proposition⁠

: Understand your target customers' needs and pain points to create a value proposition that truly resonates with them.

(As a point of order, we therefore recommend you create your

Customer Value Proposition⁠

before approaching your broader Business Model.)

Revenue model: Determine the most effective way to monetize your product or service, whether it's through subscription fees, advertising, or other means.

(You can explore

Business Model Examples⁠

)

Cost structure: Carefully consider your expenses to ensure long-term sustainability.

Look at

Multipliers and Levers⁠

as ways to increase revenue and decrease costs

The most successful business models are

Customer-Centric Business Model⁠

s. They capture value in alignment with your customer's success. By following these principles, you can develop a business model that not only generates revenue, but also creates real value for your customers.

In this section, you’ll learn how to do just that. We’ll share how to identify your

CORE⁠

business value and outline how to align your

Business Model as a Disruptor⁠

to your competitors but a fuel for your customer’s success.

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