The Real Gist of a Business Model
August 28th, 2014 — 5:30am
The business model at the core of an organization is so vital. It’s what fuels the economic engine that powers everything the organization does. A powerful model at the core enables success in a way that great execution on a weak or unclear model cannot compete with.
What would your customers truly miss if your organization ceased to exist? What do they value so much they would be sad about no longer paying you for it? That’s the real gist of your business model.