This note defines the business model and its main elements: offer customer value, technology and operations management plan, plan to market, and the profit formula. For each element of note lists the issues that an entrepreneur must ask when evaluating early opportunities. The note in more detail a number of business models issues that are particularly relevant for business, including the impact of network effects and switching costs the client, the conditions when you start to consider the question of vertical integration, the nature of the first and end of the first-mover advantage, and the conditions are in favor of viral marketing. The note concludes practical guidelines for early-stage entrepreneurs on how to analyze the business model. "Hide
by Thomas R. Eisenmann 25 pages. Publication Date: December 13, 2011. Prod. #: 812096-PDF-ENG
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