David Cummings on Startups

The Startup Toolkit’s Business Model Canvas

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David Cummings

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Illustration of Porters 5 Forces. Illustrates ...
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Yesterday’s post on The 9 Building Blocks of a Business Model prompted a comment by Denis Baranov recommending The Startup Toolkit. I was first shown The Startup Toolkit and their Business Model Canvas a couple months ago at the TiE VISTA Conference by one of the attendees. The Business Model Canvas is the 9 building blocks of a business model broken out into a one page view facilitated by a point-and-click webapp.

I’m a fan of frameworks to think through and plan different strategies. Two popular one include the One Page Strategic Plan from Mastering the Rockefeller Habits and Porter’s Five Forces Framework for Analysis. There’s no silver bullet for thinking through strategy but these two combined with the Business Model Canvas provide a good starting point for different purposes.

What else? What do you think of the Business Model Canvas and what are your favorite strategy frameworks?

Comments

4 responses to “The Startup Toolkit’s Business Model Canvas”

  1. Scott Harris Avatar
    Scott Harris

    Hey David,
    During our last visit, the canvas I shared with you was also adapted from Osterwalder’s Business Model Canvas.

    Lean Canvas () is another similar tool which has some traction in the lean startup world. Just goes to show how much people like to see things in a digestible format.

    Reply
    1. David Cummings Avatar
      David Cummings

      Thanks for the great link Scott.

      Reply
  2. Startups Need to Get Out of the Building « 10,000 Startup Hours – David Cummings

    […] and concluded the morning with each team introducing themselves and their business, with a business model canvas in the […]

    Reply
  3. Futurebooks (@futureb00ks) Avatar
    Futurebooks (@futureb00ks)

    Hi David,

    Michael Porter’s 5 forces is a good model for mature, well-structured industries. We use it often to help our planning and make sense of an industry.

    However, for tech companies we help launch, we use the disruptive innovation model, created by Clay Christensen. Here’s a little more info on his thinking. Please leave us a comment David. http://futurebooks.com.sg/blog/is-your-business-model-disrupting-industry/1887

    The One Page Strategic Plan I hadn’t heard of before – we are looking into it.

    Reply

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