Tools for Business Model Generation

Title: Tools for Business Model Generation
Date: 2012-01-25
Speaker: Alexander Osterwalder, Steve Blank (Author)
Link: Entrepreneurial Thought Leaders
 
The first thing you want to do is burn your business plan because it is a waste of time.
Word are not enough.Book: Blah, Blah, Blah: What To Do When Words Don’t Work
Words are not enough.
Great products are becoming a commodity.
It is the combination between great products and a great business model that is going to keep you ahead.
The business model is never finished.
Prototyping is actually the conversation you have with your ideas.
Even the best business model on paper is only a set of hypotheses.