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Can the 4 Hour Workweek Work?
Recently, a client of mine decided to leave his software development business behind and take a one-year RV trip with his wife and two young children. Went from project based web development firm to creating a product called “FunnelBug.” Many of us might have read about the 4 hour workweek and might have wondered whether […]
Apple Tests AT&T business model
As Verizon rolls out its own version of the iPhone, the AT&T business model is being tested. AT&T’s market share growth was largely dependent upon exclusive availability of the iPhone. iPhones went from 0% market share in late 2007 to 25% of all U.S. handsets in 2010. With Verizon now offering inexpensive iPhones on a […]
Scoring Apple’s Business Model Before and After Steve Jobs
Steve Jobs may have been only one man, however, his impact on Apple was both significant and profitable. We decided to evaluate Apple’s business model with and without Steve Jobs. We ran Apple’s business model through the Business Model Evaluator under both scenarios. You can see the results in detail below. Apple’s business model score […]
Can Doing Good be GOOD for Your Business Model?
Nice guys finish last. It’s a dog eat dog world. Kill or be killed. All these phrases are heard in the business world. Personally, I do not believe it is a dog eat dog world. I believe the best business is based upon positive relationships and win-win deals. While nosing around Facebook, I noticed a […]
Apple’s Business Model: Before and After Jobs 2.0
With the recent passing of Steve Jobs, one question lingers in the minds of techies and business leaders alike: what will happen to Apple without Jobs at the helm? More specifically, what products will Apple release and how will the company’s business model change without Jobs to direct the company into new sectors? How long […]
Bank of America Nearly Destroys Their Business Model
Bank of America may have committed the #1 business model blunder of 2011for their $5 debit card fee. First, let’s get some background. Spoiled U.S. banks have become so addicted to high-profit fees that they seem to have forgotten the customer. The average bank earns over forty percent of its profit from fees. These include, […]
Will $99 Tablets Ruin Apple’s Business Model?
Apple has sold 25 million iPads since their April 2010 release. They currently possess 82% of the market and seem to show no signs of letting up with the iPad 3 coming soon. With a price tag ranging from $499 to $829 (depending on the iPad …
Snap-On Tools Destroys its Business Model
Many professional mechanics view Snap-On Tools as the best tools money can buy. A Snap-On wrench or screwdriver can cost five times more than a similar Craftsman model, but professionals swear the extra cost is worth it. According to their website, since 1920, Snap-On’s business model has been: The tools we sell are the Gold […]
Absolutely nothing to do with Business Models
I am down because my Indianapolis Colts lost the Super Bowl yesterday. My heart aches but my hand feels great. For ten years, I thought I had arthritis in my right hand. Every morning it ached. I was browsing thru Fry’s one day and found a beanbag that rests your wrist. Wow, please buy yourself […]