"Exponential Business Model"

"The Exponential Business Model"
Lisa Kay Solomon and Patrick van der Pijl via Singularity HUB

How to Make an Exponential Business Model to 10X Growth:  Leaders often encourage their teams to think big and be more disruptive—but to follow through, people need new tools. We believe that learning how to design exponential business models is a discipline all leaders and entrepreneurs can learn. So, how do you design exponential business models? What Is an Exponential Business Model?.

A business model defines how value gets created and delivered in a company. It is an organized way of laying out assumptions about key resources, partners and activities of your value chain. These include your value proposition, customer relationships, channels, customer segments, cost structures and revenue streams. An exponential business model looks at the same key areas as a traditional business model—but it has radically different goals. Most business models are linear, designed to increase profits or decrease costs by 10 percent. With an exponential business model, we think in terms of changes that are 10 times greater or lesser than today’s value—the common shorthand for this goal is simply “10X.” Read this great article via Singularity HUB... 

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