Many people write to us asking us about what should be the first step after they have an idea. The “easy” part is coming up with business ideas, but the greatest percentage of success lies in the execution. For this reason, it is vital to define a strategy that allows you to optimize time and money from the beginning, and generally, that strategy is called Business model. And here we will teach you how to make a business model in just 7 days.
Alex Cormani, professor at the bachelor’s and master’s degrees in innovation, startups, and business models at the Autonomous University of Yucatán, has the solution for all those who want to go from saying to doing.
He describes step by step how to define a business plan in just 7 days. This thanks to more than 15 years of failures and successes; along with the knowledge he gained from mentors and entrepreneurs.
Let’s see what is done each day to complete the business model in just 7 days:
How to create a business model in just 7 days.
Day 1:
One of the most recurring situations in entrepreneurs when starting a company is that they want to sell to everyone; and they are not very clear who their customers are.
Many companies do not fail for lack of product. They fail due to lack of customers.
This block is extremely important when it comes to generating a business model in just 7 days.
The day Monday you will begin to identify the possible clients of your business idea and you will know a very important term called the technology adoption life cycle.
This term will be of great help to you to know the 5 types of buyers when launching a product to the market and the speed with which consumers adopt a product.
Day 2:
In the early stages of the venture, time and money are valuable resources; and waste them on creating a product or service that nobody wants, not worth it.
On this day you will learn about an agile methodology that will allow you to create your Minimum Viable Product (PMV). It is a prototype created with minimal characteristics to check if it meets the needs of your client or at least that there is an interest in buying it before launching it on the market.
East PMV It will be created from your business idea for the customer segment you have previously chosen.
Day 3:
On this day you will learn the definition of communication, distribution and sales channels. This It will allow you to establish contact between your value proposition (your idea) and your potential customers.
These communication channels will be very useful for:
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Introduce customers to a company’s products and services.
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Help customers evaluate a company’s value proposition.
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Provide customers with a value proposition.
(If you found it interesting, feel free to purchase the book by clicking here)
Day 4:
In this section you will know the model Funnel. That will allow you to create strategies for get, hold and do growing up to your clients.
The Sales or conversion funnel It is a metaphor used in marketing or business administration to refer to the phases of the sale.
It is the process by which potential sales opportunities are qualified and selected, to turn them into real opportunities that end in real transactions.
The funnel model It has 3 stages and they serve to describe how you are going to GET clients with your communication channels, which you defined in the previous section in order to KEEP THEM and GROW your income
Day 5:
This Friday you will have to work twice as the week is ending and you still have to complete your business model in just 7 days.
It is very common that when you have created a product or service, you do not know how to determine its price. (Don’t worry, it happens to most entrepreneurs)
On this day you will know the model Strategic Price. This is vital; as It will help you define a final price for your product according to the competition by following some steps.
Day 6:
On this day, the objective is to identify those resources that are directly associated with the development of your product or service.
Once you have identified the key resources you can take certain actions to improve their management; and do without those that do not generate or add value to your proposal.
Day 7:
You are about to finish your business model and as the last day, this block comes hand in hand with the previous day and refers to the people who will operate your business model.
Likewise, you will identify those costs that will be incurred in your business model.
Once the blocks of key activities, key resources Y key partners it will be easier for you to identify those costs that are incurred when generating your product or service.
Many entrepreneurs have trouble defining the costs incurred in their business models. It is not necessary to become a financial expert; You just have to know some basic finance concepts such as variable costs Y fixed costs.
Inside this book, you will discover:
- A proven 7-day methodology to turn your idea into a business model.
- How to identify a true business idea.
- Full color models and mind maps to help you generate your business model.
- How to create a product or service that your customers are willing to pay for.
- A new way of undertaking that increases your chances of success.
- and much more…
Also as a gift for purchasing this book you get:
- The book “The best books to undertake” which is a private collection of the books that Alex Cormani has used to undertake.
- Color templates to help you generate your business model.
- Interview template to validate your business model with your clients.
The real price of this book is $30.00 dollars but you will have the opportunity to have access for a limited time for only $ $19.90then the price will go up.
Ready to bet on your dreams? Just click on the photo!
And remember, if you are really interested in creating your own business, you can read our book “How to create a company while working: Discover how to manage your time, manage your money and motivate yourself while creating a company and working for another” , where you will find all the information you need to found your own company, without having to leave your job.
