Long live the business model. What Is The Difference Between a Business Plan And a Business Model? Business plans are static and based on unknowns. A business model describes the rationale of how an organization creates, delivers, and captures value

1. The Business Plan is Dead Long Live the Business Model!

2. Entrepreneurs competing for the StartUp Cup will be rewarded for . . .

3. Building A Viable Business Model

4. Testing Business Model Assumptions by Going to Market With Your Product and/or Service

5. Securing Customers Who Are Willing To Pay For Your Product and/or Service

6. Generating Revenue

7. Being Coachable

8. Never, Ever Giving Up!

9. What Is The Difference Between a Business Plan And a Business Model?

10. Business Plan = Static The Business Plan is Dead  A well written plan that projects an unknown future with detailed graphs and pretty pictures, generally, focused on raising money  Typically not connected to reality of current market conditions

11. Business Model = Dynamic Long Live the Business Model!  Supports Going to Market Quickly & Testing Assumptions  Securing Customers & Generating Revenue as Quickly as Possible

12. Your goal as an entrepreneur with a new business concept is to identify a business model, test assumptions, secure customers, and evolve your model as you grow revenue and market share.

13. What used to take year’ s now takes months

14. What took lots of money now takes less Ask yourself how little money do I need to get my company off-the ground? What is the quickest path to generating revenue?

15. Business Model Defined: A business model describes the rationale of how an organization creates, delivers, and captures value

16. Utilize The Business Model Scorecard. Self-Guided Visual Thinking Tool Specifically Designed to Accelerate StartUp Business Model Design

17. Step I: What Value Are You Providing? How Are You Different? What Need Are You Filling?

21. Step V : Action and Testing Stop Talking, Start Doing!

22. Engage The Judges and Coaches

23. Build Your Team and Collect Talent

24. What Are You Waiting For? Start Designing Your Business Model Today! Stop Talking! Start Doing!