Quiz: What is the business model for this 8 minute comedy short about "the dangers of complete and total honesty"? https://www.shortoftheweek.com/2014/06/23/the-gunfighter/ …
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Definition of a business model? "The way that a business converts innovation into economic value." Mike Maples, Jr.
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Simple & to the point :)
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“Business” is the way you make money. “Model“ needs to be an abstraction of that layer.
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If customers are buying your product but there is no hope of generating a profit, is that product/market fit? "Make money" = profit?
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exactly, a lot of people confuse revenue with “making money”.
End of conversation
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