Business Model

“The business model itself won't fundamentally change. The fluidity of how you interact with it will.”

“So I think the challenge of the SAS business model is we packaged one way. We now have to learn how to unbundle these things and rebundle in new ways and discover new business models, right?”

“Technology often makes old business models even more powerful before it kills them.”

“I think before we go back to that stable world where these business models have transformed, we're going to go through a very disruptive phase where a lot of these apps will be rewritten.”

“When you understand the business model, you understand the real world ethics and priorities of the company you work for, right? If you understand what the company's optimizing for, what they really care about, what trade-offs and sacrifices they're willing to …”

“Every change you make is another variable to like, to screwing it up. ... But if you do that before you know if that copying works or not, you're just going to increase the likelihood of screwing it up and thus not being successful.”

“The business model nerd out shit for me does matter, but it matters more as a signal to, like, do you know what you're doing and how to think about business? Not do I actually care what the model is.”

“If you're going to go into that category, you're probably going to end up, even if you're trying to be super original, you're probably going to end up with 80% of the things the same because that's how business is. You're not a hundred percent different. But t…”

“I think so many PMs come in with a point of view of like the product and the target market, but like don't actually understand the underlying mechanisms of how we make money and what our unit economics are and how that could be improved. And the candidates tha…”

“What matters is the job to be done right for the customer. And because the job to be done is training, then like you fall into that industry. Having a different product is fantastic from like a branding, finding a niche perspective. But the business model, rig…”

“I love how you took an existing business model for a more traditional market, press, PR, newspapers, blogs, whatever, and then applied it towards a newer medium being podcasts, which I think really de-risked kind of the idea or the concept of the business, bec…”

“Interface changes are really useful for improving a user interaction that's fundamentally working. What design can't do is solve a fundamental problem in your business model.”

“Nearly every billion dollar company is one of these nine business models.”

“However, for your purposes, as an early stage startup, you should just have a single business model that you're focused on.”

“If you can't show me on the back of an envelope how this, about three or four lines equal the business, I don't think you've got one.”

“I think having the right, the same business model experience is almost more important than having like industry experience or experience with that audience. And I think often people are like, I need someone who's, you know, marketed to HR or marketed to, you k…”

“What I saw was this bifurcation, where on one side you had experts, quote unquote, who pride themselves on talking over normal people's heads. On using jargon, on using acronyms, on sounding really smart, and a lot of that has been built up because it's a good…”

“Many of our emerging market Success stories started off as carbon copies of successful business models in the U.S., and then we evolved and changed depending on local conditions.”

“It's moving into the domain of entrepreneurship. So in other words, it's no longer a technology. The question is, does the business model close?”

“When we are analyzing these companies, we realize it's not just that we don't care about their book value anymore, but even their stated earnings turn out to be a lousy test of whether this is a good business model.”

“You don't want to just have a product that's different, that's the what. You want to have a business model that's different, which is the how.”

“What's missing is a business model and a privacy model and an ethical framework to tie these two pieces together.”

“Everything changes when you change the business model. It's like all of a sudden, you know, your strengths become your weaknesses and that's what allows A lot of new entrants to come in.”

“The worst place in the world to create a new business model is with, is within the old business model.”

“And I believe by studying China, we can get inspiration and insights for how we can evolve our own business models that can eventually result in better product experiences.”