I have read an interesting article on Medium about Business models and business plans. worth the reading but I don’t really agree with everything said.
What actually attracted my eyes is this picture:
This is the first time I see this very interesting and valuable way to describe the whole process linked with the Business canvas. It is really a golden picture because it says several very important things about the business model canvas (or here the Lean canvas):
- Don’t rely on 1 Business model, build several and do scenarii
- Manage risks
- Validate hypothesis
- Validate Product(or service) market fit
- Prepare to scale
This will maximise the chances your products will firstly find its market and then become big!