Strategy 1 for new business model ideas. Transfer - Deepstash

Strategy 1 for new business model ideas. Transfer

An existing business model is ported to a new industry (such as Razor and Blade to the coffee industry).

Major advantages: other companies serve as blueprints and their mistakes can be avoided, enabling you to become an innovation leader in your industry.

Major challenge: leaving enough room for experimentation and adaptation. Here, avoid the temptation to copy and paste.

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hserednytska

An effective communicator and business analyst with an inquisitive mind, strong analytical, problem-solving, and decision-making skills

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