Session 5 of 20
Building a business model
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Careful consideration of economics and business strategy can make the difference between simply having a great technology and building a great company. This lecture focuses on clearly defining your business model and how you propose to make money with your product or service. Case studies will be used to test concepts against a specific business.
The resources below offer a foundation upon which you can build your knowledge and skills in these areas.
Event session video:
Reference material
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Building a Business Model with Ajay Agrawal – Entrepreneurship 101 This lecture focuses on clearly defining your business model, including how you’re going to make money with your product or … |
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Business models Business models can determine a start-up’s success by establishing its value as an organization and securing funding. |
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Revenue models: Overview Determining your revenue model and pricing your product are a critical part of commercializing new products and technologies, and they ultimately affect the viability of your business model. |
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Case study: Skype’s rapid market leadership As of May 2005, Vonage had approximately 600,000 users. Skype had more than 50 million users. What explains different adoption rates of essentially the same technology? |
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Market Strategy Workbook 1: The Analytical Foundation Structure and create a market strategy that is aligned with your business strategy. |
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Market Strategy Workbook 2: Critical Value Factors Time, money and people are finite resources. Apply the critical value factors and find the right focus for your venture. |
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Market Strategy Workbook 3: Strategic Marketing Approach This workbook guides you through the five critical variables for executing your market strategy: competition, partnerships, distribution, pricing and positioning. |














