Components of a Business Model

** Characteristics of a Good Business Model** Review of the business models of 70 companies finds no single model guaranteed to produce financially superior results; however, the more successful models do share three characteristics. First, they offer unique value—sometimes in the form of a new idea. More often, it is a combination of product and service features that offers more value; lower price for the same benefit or more benefit for the same price.

Unleash creativity in a startup

Via: JotBlog Jotspot has an event called hackathon which helps engineers in the firm become more creative. It’s a day-long event where our engineers each crank on something: valuable to the company but not what they’re “supposed” to be working on and that can be taken from idea to working prototype in one day Results are stunning!

Why some people fly while other don't

Some people can fly but they have forgotten how to fly . So they forgot Some people completely do not know they can fly . So they never learned Some people have flew before, but forgot how to. so they never remember. Some people know they can fly, but never try because they are surrounded with fear. So they quit Some people wanted to see others fly before they fly. So they wait

Why some people fly while other don't

Some people can fly but they have forgotten how to fly . So they forgot Some people completely do not know they can fly . So they never learned Some people have flew before, but forgot how to. so they never remember. Some people know they can fly, but never try because they are surrounded with fear. So they quit Some people wanted to see others fly before they fly. So they wait

Throw your Hat

Its very important to try out things and when the obstacles seem unsurmountable ,it is even more important to create situations that make you go for it. This is superbly narrated in the form of a story by Seth Levine:. Two friends were walking together through some fields when they came to a high wall. The wall stretched as far as they could see in both directions. As they were talking about what to do in this impassable situation one of the men takes off his favorite felt hat and throws it over the wall.