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Tools for your start-up to succeed!




Tallinn, February 16th 2012
I’ll tell you a bit about what it
takes to become a winner…
I’ll give you practical tools for
your start up
I’ll give you practical tools for
your start up
I will inspire you with examples
from the music industry
Welcome
Why did Roger
become perhaps the
greatest of all times?
I believe 4 factors
Talent
Baldness
Persistence
Faith
“Lean & mean”
Besides the chair, what
was the most
important part I
needed for a successful
launch?
Please think about it
for a minute…
I’ll come back to that.
But first I am here to
share my experience,
not only about
startups…
I also would like to talk
about business models
Why business model
innovation is
important today?
Today…
…we see forces we
haven’t seen before…
…we call them new
rules of the business
game.
THE WORLD HAS
CHANGED!
Driver #
Sustainability
Driver #
Credit Crisis
Driver #
“It’s my turn” economy
Upcoming markets
Or markets that came
up?
Driver #
Different customer
behavior
We also call it lifestyle/
age complexity
Driver #
The online revolution
Driver #
Technology
The world
   has
 changed
Let’s look into an
industry I know
about…
The Music Industry
Digital music can be
legal
This got the attention
of….
What did Spotify do to
be successful?
Realized that
customers wanted
music to be 3 things….
Instant
Simple
Free
So the record labels
had no choice…
Innovate or die!
2 key success factor’s
for Spotify…
Technology
Timing
Why did it work?
They figured out their
business model!
“And executed
perfectly”
How to get your
business model right?
the past was about
choosing solutions
 the future is about
generating options
So, what does the
business model of
Spotify look like?
(exercise 2 minutes)
Business
 Model?
Business
Models?
www.businessmodelgeneration.com
THE
BUSINESS MODEL

CANVAS
1. CUSTOMER SEGMENTS
2. VALUE PROPOSITION
3. CHANNELS
4. CUSTOMER RELATIONSHIPS
5. REVENUE STREAMS
6. KEY RESOURCES
7. KEY ACTIVITIES
8. KEY PARTNERS
9. COST STRUCTURE
Key       Value          Client
            Activities   Proposition      Relationship




    Key                                             Client
Partners                                            segments




    Cost                                          Revenue
Structure         Key                             Streams
            Resources                  Channels
The Business Model Canvas
PARTNER            KEY       OFFER     CUSTOMER         CUSTOMER
NETWORK         ACTIVITIES           RELATIONSHIPS      SEGMENTS




                  KEY                DISTRIBUTION
               RESOURCES              CHANNELS




          COST STRUCTURE              REVENUE STREAMS
The Business Model Canvas
PARTNER            KEY       OFFER     CUSTOMER         CUSTOMER
NETWORK         ACTIVITIES           RELATIONSHIPS      SEGMENTS




                  KEY                DISTRIBUTION
               RESOURCES              CHANNELS




          COST STRUCTURE              REVENUE STREAMS
(Show post it model of
spotify ?)
So what besides the
chair did I need?
A solid NETWORK!
So how did that work
out in practice for me?
A whole sales team
signed in two weeks!?
Key takeaways
…
How BAD do you
want it?
It is about the
business model
Proper execution
Mean & Lean
It is about the
network

linkedin//tedstrom ;-)
If you want help with
your business model…
Or want to be squeezed on
the court…
Call me!
By the way
Tobias Edström presentation on StartSmart event Models4Business 16.02.2012. Tallinn, Estonia
Tobias Edström presentation on StartSmart event Models4Business 16.02.2012. Tallinn, Estonia

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Tobias Edström presentation on StartSmart event Models4Business 16.02.2012. Tallinn, Estonia