Business Design: From Idea to Action Plan
Business model and financial model: How are they made?
A course by Pablo Lascurain , Entrepreneur
About the video: Business model and financial model: How are they made?
Overview
“These two terms are often confused and used interchangeably; however they are radically different. One refers to how your transactions generate profits, and the second refers to how your resources and your sales scale. Join me in this lesson to explain and build both concepts.”
In this video lesson Pablo Lascurain addresses the topic: Business model and financial model: How are they made?, which is part of the Domestika online course: Business Design: From Idea to Action Plan. Understand the process behind designing a business from scratch and explore the different elements to consider in its planning .
Partial transcription of the video
“Business model and financial model How are they made? Welcome to this third unit. We will start with the business model. The business model in a company is a transaction. The easiest way to identify what your business model is is to think what do you have to do to get a customer to pay you. To properly identify our business model, we are going to divide it into three steps. The first step is: In exchange for what? As we saw in past lessons, there is always a product or service and that is the good through which we get this transaction and we generate that the client consumes our product or ...”
This transcript is automatically generated, so it may contain mistakes.
Course summary for: Business Design: From Idea to Action Plan
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Category
Marketing & Business -
Areas
Business, Creative Consulting, Digital Marketing, Marketing
Pablo Lascurain
A course by Pablo Lascurain
Pablo Lascurain is a full-time entrepreneur. He has founded a total of eight companies and currently runs inDIP, a consultancy firm that focuses on solving the more complex issues faced by businesses. Over the last few years, he has had the privilege of helping thousands of entrepreneurs via Startup Grind, 4Founders, and 4Women Forum.
His work aims to find the best way of managing businesses, whether that's problem-solving, scaling organizations, or implementing new technologies. He is an active participant in the organization and development of startups and investments across Latin America. He has also personally invested in 12 startups, is on the board of five companies, and a consultant for two venture capital funds.
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