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How To Create A Sustainable Business Model

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Presentation on theme: "How To Create A Sustainable Business Model"— Presentation transcript:

1 How To Create A Sustainable Business Model
Isaac Jeffries How To Create A Sustainable Business Model

2 What is a Business Model?

3 The Three Lenses Feasibility Desirability Viability

4 Feasibility Desirability Viability

5

6 Three Benefits of the Canvas
- Common Language - Clarity - Future proofing

7 Business Model Traps

8 Tip #1 – Create detailed customer personas
Trap #1 – Weak Customers Tip #1 – Create detailed customer personas

9 Trap #2 – Value Proposition
Tip #2 – Develop a deep understanding of why people buy

10 Trap #3 – Playing the wrong game
Tip #3 – Ask “What business are we really in?”

11 Trap #4 – Assuming that Customers will stay forever
Tip #4 – Create Customer Acquisition & Retention strategies

12 Trap #5 Ignoring the numbers
Tip #5 – Select and track the vital Financial Metrics

13 Trap #6 – Relying on your Social Intent to make sales
Tip #6 – Isolate the deal-breakers for each customer segment

14 Tip #7 – Pre-emptively design the next versions
Trap #7 - Complacency Tip #7 – Pre-emptively design the next versions

15 Tip #8 – Validate everything with paying Customers
Trap #8 - Assumptions Tip #8 – Validate everything with paying Customers

16 What do I do now? - Download the free Strategyzer tools - Grab a coffee and a canvas - Build a few iterations - Talk to your customers - Explore alternatives

17 IsaacJeffries.com


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