Does your Business Model pass the product triangle test?
TransGanization | Business Consultant by Rohit Arora, Conscious Business Guru
Episode notes
What do you mean by a robust business model?
Questions for checking the robustness of your business model:
Business model needs to understand what needs is it serving
Is the business model designed such that people are willing to pay for it?
Are enough people out there who are willing to pay for it?
Is there a mechanism in which this model is possible to replicate and grow?
How many years do I need to wait for the business model to start seeing sustainable cash flow?
Elements of Product Triangle:
Desirability – Whatever you wish to do must be desired. You should be able to solve the complete problem of the customer in a way they would desire.
Viability – S ...
Keywords
how to grow businesshow to increase businesshow to improve your businessproduct triangle test