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The business model canvas consists of 9 sections and in this video we're going to talk about each component and how it applies to our idea.
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Now, I may think that I know how to start
a business around this idea, but
0:00
in reality, I've probably just scratched
the surface from using some of
0:01
the products out there.
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While that gives me good insight on the
pain points and
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what's lacking from existing solutions,
0:09
I need to understand the business before
starting my own venture.
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By this, I don't mean that we spend a lot
of time reading, planning and
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accounting for every scenario.
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No.
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We want to spend just a bit of time
planning and
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more time actually doing things.
0:24
A perfect tool for our needs is the
Business Model Canvas,
0:26
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