Podcast
Questions and Answers
In the context of the Business Model Canvas, what is considered the key element?
In the context of the Business Model Canvas, what is considered the key element?
Which canvas is specifically mentioned as a constant work-in-progress in the text?
Which canvas is specifically mentioned as a constant work-in-progress in the text?
What is essential when filling in the Business Model Canvas according to the text?
What is essential when filling in the Business Model Canvas according to the text?
Which field are you encouraged to test and feel most uncomfortable about when creating the Business Model Canvas?
Which field are you encouraged to test and feel most uncomfortable about when creating the Business Model Canvas?
Signup and view all the answers
What is one of the main purposes of using Canvas in business modeling?
What is one of the main purposes of using Canvas in business modeling?
Signup and view all the answers
What are the two initial elements to start with in a business model?
What are the two initial elements to start with in a business model?
Signup and view all the answers
Why is it suggested to start with a customer segment when defining a value proposition?
Why is it suggested to start with a customer segment when defining a value proposition?
Signup and view all the answers
What is highlighted as a characteristic of a business model according to the text?
What is highlighted as a characteristic of a business model according to the text?
Signup and view all the answers
Why is it recommended to calculate costs at smaller units?
Why is it recommended to calculate costs at smaller units?
Signup and view all the answers
What is the purpose of following a 'conversion funnel' logic in start-ups?
What is the purpose of following a 'conversion funnel' logic in start-ups?
Signup and view all the answers
In the context of conversion funnels, what does 'retention' refer to?
In the context of conversion funnels, what does 'retention' refer to?
Signup and view all the answers
What is a common challenge associated with having customers in a 'conversion funnel'?
What is a common challenge associated with having customers in a 'conversion funnel'?
Signup and view all the answers
Why is focusing on 'awareness - interest - desire - action' important for start-ups?
Why is focusing on 'awareness - interest - desire - action' important for start-ups?
Signup and view all the answers
What type of metrics does the text mention that many start-ups rarely use for measurement?
What type of metrics does the text mention that many start-ups rarely use for measurement?
Signup and view all the answers