The Business Model Canvas (BMC) is a strategic management and lean startup template for developing new or documenting existing business models. It is a visual chart with elements describing a firm's or product's value proposition, infrastructure, customers, and finances. It assists firms in aligning their activities by illustrating potential trade-offs.
Below is the best YouTube content that we could find as well as complementary topics for creating or growing your business.
Topic outline
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- About working virtually
Source: Jeff Gothelf, Talks at Google
"Jeff offers practical, step-by-step, guidance on how to build and support successful product design innovation in your business. Using insights gained from leading and working with dozens of product and design teams, Jeff steps through team makeup, process steps, management structure and the corporate infrastructure needed for these teams to flourish."
- 1. Observing problems and opportunities
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Source: Mike Krieger, Stanford eCorner
"Instagram Co-Founder Kevin Systrom believes building solutions for most problems is the easy part; the hard part is finding the right problem to solve. Here he opens up about how he and fellow Co-Founder Mike Krieger identified the problems they wanted to solve around sharing photos through mobile devices. He also reminds entrepreneurs to embrace simple solutions, as they can often delight users and customers."
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Source: Shed Simove at TEDxBedfordSchool. TEDx Talks
"Shed Simove is an entrepreneur, author and corporate speaker. His areas of expertise are creativity, innovation and ideas generation. Harnessing a constant stream of ideas from his astonishingly active mind, Shed has learned to transform his unconventional concepts into lucrative and original business ventures, which form the basis of his completely unique books, products, performances and corporate speeches. As well as a successful past career in television production, Shed has forged a highly innovative merchandising empire – creating conceptual gifts, executive toys, best-selling adult sweets, books, greetings cards, and even his own currency. To date, Shed has sold over one million novelty gifts worldwide and has won ‘Gift Of The Year’ twice."
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Source: Stephen Key and Andrew Krauss on inventRightTV
"As co-founders of inventRight, Stephen and Andrew discuss the first step every inventor should take before starting to work on bringing their idea to market."
- 2. Starting with an Idea
- ViewSource: Steven Johnson at TED
"People often credit their ideas to individual "Eureka!" moments. But Steven Johnson shows how history tells a different story. His fascinating tour takes us from the "liquid networks" of London's coffee houses to Charles Darwin's long, slow hunch to today's high-velocity web." - View
Source: Giovanni Corazza at TEDxRoma, Università Telematica Internazionale.
Corazza is a full-time professor at the Alma Mater Studiorum at the University of Bologna, a member of the Executive Council, and the founder of the Marconi Institute of Creativity. He teaches science and the applications of creative thinking. Why/Which/How/Where/What/When/Experiment. A quick jump out of the box is more insight ful than a lifetime of standard thinking.
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Source: Stephen Key: "One Simple Idea for Startups". Talks at Google. (McGraw Hill).
Licensing is renting your idea to a manufacturer.
"Award-winning entrepreneur, inventor, and business owner Stephen Key is one of the world's leading experts on getting business ideas off the ground. He draws on his own experience as a billion dollar inventor to offer how-to's and other takeaways you can use to get off the ground and into the black. Case studies, tips, and advice from other successful entrepreneurs underscore key principles to make it easier than ever for you to achieve your business and life dreams.
You don't need millions of dollars or a business, engineering, or manufacturing background to develop, produce, and sell your own product idea. All you need is one simple idea--and the passion to make it happen." - View
Source: Adam Grant. TED
"How do creative people come up with great ideas? Organizational psychologist Adam Grant studies "originals": thinkers who dream up new ideas and take action to put them into the world. In this talk, learn three unexpected habits of originals — including embracing failure. "The greatest originals are the ones who fail the most, because they're the ones who try the most," Grant says. "You need a lot of bad ideas in order to get a few good ones."
- 3. Nurturing an idea to maturity
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Source: http://launchsparkvideo.com
"This video describes the Lean Startup philosophy, what a minimum viable product is, how the build-measure-learn feedback loop works, and the advantages of the model."
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Source: http://storyboarditsbetter.com
Check out the book on Amazon here http://goo.gl/h0tbUa
Adapted from the Intro to 'The Lean Startup' by Eric Ries © 2011.
3.3 Business Model canvas
Source: Presented by Strategyzer Academy -- https://strategyzer.com/ & the Kauffman Foundation -- http://www.kauffman.org.
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- ViewSource: Alexander Osterwalder & Yves Pigneur on Youtube.
Running you through an example of a simple business model.
http://www.amazon.com/gp/product/0470876417/... - View
Source: Harvard Innovation Lab and Michael Skok:
"Learn how to define, evaluate and build your value proposition to ensure your venture can break out and build a compelling and sustainable business. Learn from Michael Skok, a serial entrepreneur turned venture capitalist, about "pain gain ratios" and other ways to assess whether you are creating, delivering, and harnessing value in your venture."
- ViewSource: Harvard Innovation Lab and Michael Skok:
"A disruptive business model is as powerful as a disruptive product or technology. Learn how innovators apply C.O.R.E differentiation, multipliers, and levers to disrupt the market. Find out about "SLIPPERY" products. Connect the dots between building a great product and creating a profitable enterprise."
- 4. Harvesting the full potential
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Source: Harvard Innovation Lab and Michael Skok:
"Michael Skok, a serial entrepreneur turned venture capitalist, will help you tackle the hard issue of how to define a culture that can help you encode the values that support standards of excellence and empower and drive teams to collaborate around shared goals. In that vein we will also discuss the importance of having a compelling vision and mission.
Why is it so important to define a culture in the early stages of company formation? Because cultures aren't something you can easily back into over time; they're the fertile compounds that foster growth and inspire employees' actions and behaviors."
- ViewSource: Harvard Innovation Lab and Michael Skok:
"You've figured out your value prop, you've got a great product under development. Now what? How can you develop a roadmap to build a company? VCs often qualify deals as being a "feature" a "product" or a "company." Which do you have and how will you get where you want to go? During this session we'll discuss how to think about designing your product as a foundational element of your business. Think beyond UX and Architecture to Whole Product, Ecosystems, and Strategic partners. Formulate how to design your go to market strategy and business model into your product with a modular architecture, distinctive packaging and a frictionless approach." SEE SLIDES
- 5. Master's Menu
- ViewSource: Peter H. Diamandis at the World Economic Forum. www.weforum.org
"Beware the Kodak moment, warns Peter in this exclusive video for the World Economic Forum. Entrepreneur Diamandis - co-founder and chairman of Singularity University (SU) - says we all need to wake up to the potential threats and opportunities of disruptive technologies."
- ViewSource: Salim Ismail, at USI. The report of Salim Ismail's talk is available on our blog : http://bit.ly/1IQ5C9H. Information and subscription on http://www.usievents.com
Salim Ismail’s USI talk is about the new breed of Exponential Organizations. Our environment is changing through technologies and globalization, becoming more and more transparent and open. However, companies are still following an old business model : hierarchy, centralization, top down, ownership. Following Salim Ismail, it’s time to disrupt this model, those industries and change how business has to be done in the future.
To come up with such an analysis, Salim went trough all Innovation & Technology books, brainstormed about our future, looked through exponential startups to analyse their way of doing business, etc.
Our future will be held by those organizations? Are you one of those?
This talk will give you all keys to understand our exponential future and start being an exponential organization.
Salim Ismail is a sought-after speaker, strategist and entrepreneur based in Silicon Valley and Global Ambassador at Singularity University. - ViewSource: Banny Banerjee at Alta Scuola Politecnica. See also http://dschool.stanford.edu/bio/banny...
Banny Banerjee teaches Design and Innovation at the Stanford D-School and the Stanford Design Program. His area of expertise is the use of Design Thinking for strategic initiatives and large scale transformation. His focus is the development of trans-disciplinary innovation processes directed towards complex challenges at the nexus of disciplines.
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Source: Mark Scharr at stanfordonline. See also htts://scpd.stanford.edu/design/
"Exploring the latest findings in cognitive science and neuroscience that helps explain the thinking behind design thinking. This includes a concept called "pivot thinking" which is the cognitive ability to reframe a problem or move in a new direction."
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Source: Michael Porter at TEDTalks
"Why do we turn to nonprofits, NGOs and governments to solve society's biggest problems? Michael Porter admits he's biased, as a business school professor, but he wants you to hear his case for letting business try to solve massive problems like climate change and access to water. Why? Because when business solves a problem, it makes a profit -- which lets that solution grow."