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?
- Customer Segments
- Revenue Streams
- Value Proposition (correct)
- Key Partners
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?
- Lean Canvas
- Strategy Canvas
- Business Model Canvas (correct)
- Value Proposition Canvas
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?
- Following any random order
- Ignoring the fields indicated in the video
- Using only common sense
- Following the order of fields as indicated in the video (correct)
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?
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?
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?
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?
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?
Why is it recommended to calculate costs at smaller units?
Why is it recommended to calculate costs at smaller units?
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?
In the context of conversion funnels, what does 'retention' refer to?
In the context of conversion funnels, what does 'retention' refer to?
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'?
Why is focusing on 'awareness - interest - desire - action' important for start-ups?
Why is focusing on 'awareness - interest - desire - action' important for start-ups?
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?
