The Business Model Canvas is a wildly popular tool and is used by millions of practitioners worldwide to design business models. It’s a great tool because the Business Model Canvas is practical, provides a common language, and provides a framework to think about fundamental parts of a business. This blog gives you Business Model Canvas tips and helps you to get more result out of your ideation sessions.
Despite the great advantages that the Business Model Canvas offers, there is still much to be gained in the field of business model design. Many business models created are fairly obvious, lack thoughtfulness and are very similar to business models of competitors. While companies that really differentiate themselves with strong, resilient business models are often more successful than the masses. I would like to help you design stronger business models with this tip: Combine it with the Business Model Hacking-method.
Business Model Hacking is a powerful and practical method to design business models.
You use proven elements when designing new business models. And it turned out that this way of designing works: Research from the University of St. Gallen showed that 90% of successful business model innovations in the past were based on the described Business Model Hacks.
Business Model Hacking is complementary to the Business Model Canvas. The Business Model Hacks provide inspiration and help entrepreneurs, directors, managers and designers to design stronger, more resilient business models.
Get started with Business Model Hacking! Read this blog for more Business Model Canvas tips.