If you have ever considered being in your own business, you will need to develop your business mind. Life changes us and our circumstances, yet few have learned the art of mapping those changes and mastering the results. Business Models were developed to inspire large corporations to remain relevant in a changing marketplace.
The book "Business Model YOU" extended their use to include individuals. The problem with individuals is, even if inspired, it's difficult for one person to consider everything they need to do on their own. This Personal Business Model workshop takes a proactive approach to the problem by using both Organizational and Personal Business Models for individuals in business to put their inspirations to use.
At many times in a career or business, we are put in a position to ask others for money. This is usually an emotional struggle and inhibits more people from realizing their potential than anything else. We face this issue right from the start.
Links for both paper and online versions of Business Model Canvases.
Start to exercise your business mind with an unfamiliar business to model. Learn about Pivots and a very important Pattern.
The Quick Lube and Tune industry is a more familiar business. We cover this model with an emphasis on a fundamental issue seen when first working with the business model canvas.
The third business model example is a gym which will focus on using Pivots to increase Value and Revenues.
The canvas is then applied to us as individuals. Here the most important aspect is YOU as its Key Resourse. The unique personal attribute of GRIT is introduced
We are always changing and always need to rediscover who we have become. Two fundamental approaches to the self discovery of business strengths are introduced.
The concepts of Personal Business models are very valid for small and mid-sized businesses as well. We pivot well known business using the Personal Business model approach,
Business models are not just conceptual. They have values that are necessary to understand in order to ask others for money. Basic value calculation is reviewed.
In addition to a monetary value, models have intangible values for their owners. A franchise model is used to illustrate how these factors can be included in you business model development.
Business systems, both organizational and personal, go through a life cycle. A business system simulation is introduced and used to develop and explore the business life cycle.
Bob represents people facing career challenges like a job change, selling a business, or buying a company. These business transitions are complicated and demanding. Smart Executives get experienced help. Several areas of practice are being formalized in the Executive Advocate program, his contributions to "Business Model YOU",and this course.