How to design a business model

The business model can be designed according to the following points:

1, choose the right industry and opportunity.

When choosing an entrepreneurial project, we should choose a good sub-industry and accurately grasp the pain points in the development stage of the industry life cycle.

2. Realize value creation.

Value creation is the core point of business model design.

3. unique and different.

Any existing venture in China is based on the original physical industry, which means that the business model must improve and subvert the combination of elements of the original industry. Therefore, the uniqueness and differentiation of business model lies in the centralized innovation of business model elements.

4. Resource matching

Business growth of different business models requires different resources. In the era of manufacturing economy, the core inputs are equipment, labor and production factors; Platform enterprises in the Internet era need to continuously invest in the growth of systems, data and traffic.

5, set up barriers to entry

The design of business model should consider the core barriers of subsequent competition. In the Internet age, we are all emphasizing multi-dimensional competition, which means that we can't design a business model from only one dimension. Regardless of technology, finance, partners or user services, entrepreneurial teams should build their own moat.

6. Integration of industry and Internet

Nowadays, entrepreneurial projects are considering how to subvert traditional industries with the thinking and methods of the Internet. In fact, in the competition between Internet and industry, industry and Internet will eventually merge.