How To Use Mind Maps To Sketch A Business Model
Business modeling is a discipline that helps us experiment with the business we’re creating in the real-world so that we can quickly test the underlying assumptions of a business model and iterate to build a viable business with a long-lasting advantage. Mind mapping can help you sketch that business model.
Read : 30 Successful Types of Business Models You Need to Know
How to use mind mapping to sketch your business model
As explained over and over again on FourWeekMBA, business models are useful tools that entrepreneurs can use to sketch their business on a piece of paper. Yet, that business model will mostly not work, as it will need several iterations before finding the key building blocks which make it viable in the real world.
This is an ongoing, continuous process of experimentation and iteration. We used a FourWeekMBA partner’s tool (MindMeister mind mapping tool) to sketch a business model template that you can download and start using.
Business_Model_MindMap_By_FourWeekMBA-MindMeisterDownload
Other handpicked related resources:
Business Strategy: Definition, Examples, And Case StudiesWhat Is a Business Model? 30 Successful Types of Business Models You Need to KnowBlitzscaling Business Model Innovation Canvas In A NutshellWhat Is a Value Proposition? Value Proposition ExplainedWhat Is a Lean Startup Canvas? Lean Startup Canvas ExplainedThe Rise of the Subscription EconomyWhat Is Business Model Innovation And Why It MattersThe Five Key Factors That Lead To Successful Tech StartupsHow To Use A Freemium Business Model To Scale Up Your Business
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