{"id":3293,"date":"2014-02-28T21:32:53","date_gmt":"2014-03-01T04:32:53","guid":{"rendered":"http:\/\/blog.teachjim.com\/?p=3293"},"modified":"2014-02-28T21:32:53","modified_gmt":"2014-03-01T04:32:53","slug":"lucky-13-steps-starting-business-scratch","status":"publish","type":"post","link":"http:\/\/blog.teachjim.com\/index.php\/2014\/02\/28\/lucky-13-steps-starting-business-scratch\/","title":{"rendered":"The Lucky 13 Steps to Starting Your Business from Scratch&#8230;"},"content":{"rendered":"<p>There is an evolution on how people think about starting businesses.\u00a0 Gone are the huge business plans.\u00a0 Instead the Business Model has become the preferred way to create a &#8220;business plan&#8221;.\u00a0 Businesses plans are now drawn out on a Business Model Canvas.\u00a0 Not familiar with the Business Model Canvas?\u00a0 Take a look:<br \/>\n<img decoding=\"async\" loading=\"lazy\" class=\"alignnone\" alt=\"\" src=\"http:\/\/www.marsdd.com\/wp-content\/uploads\/2009\/12\/Business_model_canvas.png\" width=\"635\" height=\"415\" \/><br \/>\n<span style=\"font-size: xx-small;\"><a href=\"http:\/\/www.docstoc.com\/docs\/7057960\/BMO-intro\">BMO intro<\/a><\/span><br \/>\n<object id=\"_ds_7057960\" width=\"630\" height=\"550\" classid=\"clsid:d27cdb6e-ae6d-11cf-96b8-444553540000\" codebase=\"http:\/\/download.macromedia.com\/pub\/shockwave\/cabs\/flash\/swflash.cab#version=6,0,40,0\" name=\"_ds_7057960\"><param name=\"FlashVars\" value=\"doc_id=7057960&amp;mem_id=451977&amp;showrelated=0&amp;showotherdocs=0&amp;doc_type=ppt&amp;allowdownload=1\" \/><param name=\"allowScriptAccess\" value=\"always\" \/><param name=\"wmode\" value=\"opaque\" \/><param name=\"allowFullScreen\" value=\"true\" \/><param name=\"src\" value=\"http:\/\/viewer.docstoc.com\/\" \/><param name=\"flashvars\" value=\"doc_id=7057960&amp;mem_id=451977&amp;showrelated=0&amp;showotherdocs=0&amp;doc_type=ppt&amp;allowdownload=1\" \/><param name=\"allowscriptaccess\" value=\"always\" \/><param name=\"allowfullscreen\" value=\"true\" \/><embed id=\"_ds_7057960\" width=\"630\" height=\"550\" type=\"application\/x-shockwave-flash\" src=\"http:\/\/viewer.docstoc.com\/\" FlashVars=\"doc_id=7057960&amp;mem_id=451977&amp;showrelated=0&amp;showotherdocs=0&amp;doc_type=ppt&amp;allowdownload=1\" allowScriptAccess=\"always\" wmode=\"opaque\" allowFullScreen=\"true\" flashvars=\"doc_id=7057960&amp;mem_id=451977&amp;showrelated=0&amp;showotherdocs=0&amp;doc_type=ppt&amp;allowdownload=1\" allowscriptaccess=\"always\" allowfullscreen=\"true\" name=\"_ds_7057960\" \/><\/object><br \/>\n<script type=\"mce-mce-mce-text\/javascript\">\/\/ <![CDATA[\nvar docstoc_docid=\"7057960\";var docstoc_title=\"BMO intro\";var docstoc_urltitle=\"BMO intro\";\n\/\/ ]]><\/script><script type=\"mce-mce-mce-text\/javascript\" src=\"http:\/\/i.docstoccdn.com\/js\/check-flash.js\"><\/script><br \/>\nI was recently introduced to the &#8220;Lean&#8221; Business Model Canvas.\u00a0 It has a little different approach to &#8220;planning&#8221; your business by drawing it out on a canvas.\u00a0 Thus began my dilemma.<br \/>\n<img decoding=\"async\" loading=\"lazy\" class=\"alignnone\" alt=\"\" src=\"http:\/\/www.inflow.cz\/files\/u1864\/lean_canvas.png\" width=\"630\" height=\"420\" \/><br \/>\nToday I sat between two business model canvas worksheets. \u00a0One was, what I call the &#8220;Original&#8221; Business Model Canvas. \u00a0The other is the Lean Business Model Canvas. \u00a0They both had the same shape. \u00a0From a distance you could not tell them apart. \u00a0They are different. \u00a0Should it matter? \u00a0Some on my team think it matters so we came up with our own progressive path to business development.<br \/>\nEach canvas has ways it can be improved. \u00a0I asked two business owners what they see as the key steps to getting a business going and what order they should happen. Here is what they determined. \u00a0It is fascinating how what they have is a complete blend of the principles and key elements found on both the &#8220;Original&#8221; canvas and the lean canvas.<br \/>\nWhiteboard notes of our discussion (Note the board shows 12 with Unfair Advantage off to the side &#8211; now #5):<br \/>\n<a href=\"http:\/\/blog.teachjim.com\/wp-content\/uploads\/2014\/02\/ELP-Advisory-page-11.jpg\"><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-3300 alignnone\" alt=\"ELP Advisory-page-11\" src=\"http:\/\/blog.teachjim.com\/wp-content\/uploads\/2014\/02\/ELP-Advisory-page-11-300x152.jpg\" width=\"646\" height=\"327\" \/><\/a><br \/>\nHere are the Lucky 13 Steps these business leaders suggested in the order of implementation :<br \/>\n1 Problem<br \/>\n2 Customer<br \/>\n3 Solutions<br \/>\n4 Unique Value Proposition<br \/>\n5 Unfair Advantage<br \/>\n6 Revenue<br \/>\n7 Cost<br \/>\n8 Key Partners<br \/>\n9 Key Resources<br \/>\n10 Activities<br \/>\n11 Metrics<br \/>\n12 Channel<br \/>\n13 Relationship<br \/>\nMany items on the list are \u00a0dealt with in the same conversation. They are really opposite sides of the same coin.<br \/>\nI hope this list helps you make the next step to getting closer to your goals in your business.<br \/>\nWhether you use this list of one of the business model canvas tools out there be sure to embrace all you need to know. \u00a0If you follow the business model canvas you are well on your way to verifying your business idea can become a success.<br \/>\nBest of Success,<br \/>\n<a href=\"http:\/\/blog.teachjim.com\/wp-content\/uploads\/2010\/08\/signature.png\"><img decoding=\"async\" class=\"alignleft size-full wp-image-168\" alt=\"Teach Jim Strengthen The Feeble Knees\" src=\"http:\/\/blog.teachjim.com\/wp-content\/uploads\/2010\/08\/signature.png\" \/><\/a><br \/>\n&nbsp;<br \/>\nPS &#8211; Just watched a presentation showing the Lean Canvas as a TACTICAL tool while Business Model Canvas as a STRATEGIC tool.<br \/>\nPSS &#8211; The presentation suggested they each belong in different places in the process of building a business. Lean Canvas at the beginning and the Original as you strive to stabilize into sustainable\u00a0 practices where resources and activities allow the business to grow.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>There is an evolution on how people think about starting businesses.\u00a0 Gone are the huge business plans.\u00a0 Instead the Business Model has become the preferred way to create a &#8220;business plan&#8221;.\u00a0 Businesses plans are now drawn out on a Business Model Canvas.\u00a0 Not familiar with the Business Model Canvas?\u00a0 Take a look: BMO intro I [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":3300,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":""},"categories":[14],"tags":[],"_links":{"self":[{"href":"http:\/\/blog.teachjim.com\/index.php\/wp-json\/wp\/v2\/posts\/3293"}],"collection":[{"href":"http:\/\/blog.teachjim.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/blog.teachjim.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/blog.teachjim.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/blog.teachjim.com\/index.php\/wp-json\/wp\/v2\/comments?post=3293"}],"version-history":[{"count":0,"href":"http:\/\/blog.teachjim.com\/index.php\/wp-json\/wp\/v2\/posts\/3293\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/blog.teachjim.com\/index.php\/wp-json\/"}],"wp:attachment":[{"href":"http:\/\/blog.teachjim.com\/index.php\/wp-json\/wp\/v2\/media?parent=3293"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/blog.teachjim.com\/index.php\/wp-json\/wp\/v2\/categories?post=3293"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/blog.teachjim.com\/index.php\/wp-json\/wp\/v2\/tags?post=3293"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}