6. Pivot or Persevere - Deepstash
6. Pivot or Persevere

6. Pivot or Persevere

Continually evaluate the viability and potential of your business model. Be willing to pivot, change course, or persevere based on market feedback and the evolution of your goals.

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Phase 4: Nail the Business Model

  • Your business model is the map of how you create value and deliver it to customers. In this phase, we will conduct financial analysis to verify business viability, launch your product and go-to-market strategy, and then develop a dashboard to monitor your progress forward.

Phase IV — Pivot And/Or Proceed

Review and analyse all the material you’ve generated; make sure that there are solid answers to the hypotheses. Look at your business model and how it’s changed through this process. Do your metrics provide evidence that this is a scalable endeavour that could turn a profit?

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Auction. Going once, going twice... sold!

The Auction business model is based on the price of a product is not determined by the vendor alone, but buyers actively influence the final price of the goods. Finding a price starts with a potential buyer bidding a certain amount based on his/her willingness to pay. Wh...

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