In summer 2001, I published my doctoral thesis on “Business Models in the digital Economy” in German (big mistake!). 20 years later, the topic is hotter than ever, however still very little understood and executed in traditional companies, while the most valuable firms on earth are all newcomers with innovative business models. I wrote my thesis for incumbents like my…
News is full of cool technologies like drones, blockchains or autonomous cars and their disruptive character. Traditional firms have switched to innovation mode and have now cool digital transformation units to use these new technologies. Everybody is happy. Great, isn’t it?Or wait? Can this really work that easy? I just had a project with a company that has set up an innovation unit to push…
How do entrepreneurs develop a business model that is highly scalable, unique, loved by customers, a money-making machine, disrupt an industry, be a unicorn and just work 4-hours per week? In this post, you find the golden keys to success. Guaranteed! Well, not really. A 4 hour work week might work for Tim Ferries, but you as an entrepreneur have to…
Business Modeling is often seen as process to rearrange the building blocks to an innovative business model. What people forget is that a business model is not just the building plan of your business but also should give answer to the question “Why should your business exist from a customer perspective?” So a business model is not just a building…
In recent posts, I looked at the right boxes to think in and the process to develop an innovative business model, it is now time to look at the people who are suppose to innovate the business model in large corporations. This seems to be a simple question and in large corporation there should be a person in charge and…
Normally, we do not use the blog for announcements, however we have two good news that we want to share with you. First, a workbook for startups was just released and second, we have teamed up with Orange Hills to form fluidminds Australia. New Book on “Starting with the Right Business Model” The book “Das Richtige gründen: Werkzeugkasten für Unternehmer” or “Starting…
