We have arrived at part 4 on our series How to create  a Successful Business Model with PHC-BR.  Previously we’ve studied what the  business model canvas is and how you can use it to turn your idea into a business.

Your business model is not your business, its a method of inquiry to help you understand what to do next. A business model is the “core content” or the “short story” of the company (actual or perspective). A business plan is the “guideline for the action” or the “full story.”

The following video will  show you how to fill in the last three building blocks of your business. Answer the following questions to identify what is necessary to add on your canvas.

7) Key Activities

• What key activities do our  value Proposition require?
• Our distribution channels? Customer relationships? Revenue streams?

8 ) Key Partnership

• Who are our key partners?
• Which key resource are we acquiring from partners?
• Which key activities do partners perform?

9)  Cost Structure

• What are the most important costs inherent in our business model?
• Which key resources are most expensive?
• Which key activities are most expensive?

Once you’ve answered these questions you will have a clear understanding of your current situation and you will be able to make smart decisions concerned to where you want to go.

We hope we’ve provided you with the language, the tools and techniques to create the business of your dream. In case you want to mastermind about your idea and you are serious about it, please feel free to contact me via skype or website.

Thanks for watching  and stay tune for more business strategies with PHC-BR.

“Create a definite plan for carrying out your desire and begin at once, whether you ready or not, to put this plan into action.” Napoleon Hill
Find more about the business model canvas at:

http://meetpb.com

http://www.facebook.com/PHC.BR.Intern…

http://twitter.com/PHC_BR

https://myspace.com/getwealthywithpedro

This is the third video on our series How to Create a Successful Business Model Canvas With PHC-BR.
A Business model describes the rationale of how an organization creates, delivers and captures value. How do you imagine your organization’s business model might look two, five, or ten years from now? Will you be among the dominant players?

In our last video we discussed about  customer segments, value proposition and channels. We’ve learned that without those first three blocks it would be very hard nearly impossible to succeed in your business.  To continue our series and to take the most of this video, we would like you to think with us and answer these questions for your next three building blocks:

4) Customer Relationship

• What type of relationship does each of our Customer Segments expect us to establish and maintain with them?
• Which ones have we established? How costly are they?
• How are they integrated with the rest of our business model?

5) Revenue Streams

• For what value are our customers really willing to pay?
• For what do they currently pay? How are they currently paying?
• How would they prefer to pay? How much does each Revenue Stream contribute to overall revenues?

6) Key Resources

• What key Resources do our Value Proposition require?
• Our distribution Channels? Customer Relationships? Revenue Streams?

After you answer these questions you will gain much confidence in working towards your goal.

Stay tune for our next video where we will talk about:

7)  Key Activities

8 ) Key Partnerships

9) Cost Structure

Remember: “Patience, persistence and perspiration make an unbeatable combination for success.”  Napoleon Hill

Find more about the business model canvas at:

http://meetpb.com

http://www.facebook.com/PHC.BR.Intern…

http://twitter.com/PHC_BR

https://myspace.com/getwealthywithpedro