by jim muehlhausen | Oct 7, 2010 | Business Model Design, Business Model Innovation, crowdsourcing, Private Companies, Public Companies
This is a guest post by Anders Sundelin, expert in business model innovation, with the popular blog The Business Model Database. Crowdsourcing or mass collaboration have become popular words for using an external group of people as part of the value creation and value...
by jim muehlhausen | Sep 22, 2010 | Business Model Innovation, Business Model Trends, Private Companies, Success Stories, tire business model, tirerack
It seems there is no end to how much a distribution channel can be collapsed. Now consumers can buy tires directly online without the need for a tire store. Tirerack.com offers more selection than a typical tire store as they are not affiliated with any one brand...
by jim muehlhausen | Jul 26, 2010 | Business Model Innovation, Business Model Secrets, Jerry Jones, Private Companies, Steinbrenner, Success Stories, yankees
As the sports world mourns the loss of George Steinbrenner, let us reflect on just how much he changed the business model of professional sports. When George Steinbrenner purchased the New York Yankees from CBS for $10 million in 1973, the team was a mess. Today,...
by jim muehlhausen | May 4, 2010 | blockbuster, Business Model Innovation, Business Model Trends, Failure Stories, Private Companies, Public Companies, redbox, Success Stories
Coinstar, the parent company of Redbox announced record earnings this week. Net income tripled from the previous period. Clearly, Redbox’s $1 rental model with 20,000 locations is superior to Blockbuster’s retail store model. In their press release, Redbox is...
by jim muehlhausen | Apr 20, 2010 | Business Model Innovation, Business Model Trends, Private Companies, twitter
Twitter recently announced a significant change to their business model by introducing advertising on the site. Does this constitute a business model change? Yes! Twitter’s current business model has no revenue. Twitter’s new business model bets hat they have...
by jim muehlhausen | Apr 12, 2010 | Business Model Innovation, Business Model Trends, Private Companies, zopa
Most people think that banks take deposits and then re-loans the funds at a higher rate to borrowers. Also, most people think that bankers are extremely risk adverse. Nothing could be further from the truth. Banks are the ultimate risk takers. Banks accept huge...