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What is your business model in the tech space?

🚀 What’s your business model?

Here are some examples of business models in the tech space, each having different metrics you should be tracking.

🔸 Enterprise
You sell your software to other businesses on a single-license basis. These contracts have fixed terms and designated contract values.

🔸 SaaS
Here you’re selling cloud software-as-a-service through a subscription model (could be annual or monthly terms).

🔸 Usage-based
You’re billing your customer based on their usage of your product or service over a given period.

🔸 Subscription
A subscription company sells a product or service, usually to a consumer, on a recurring basis (monthly or annually).

🔸 Transactional
You collect a fee for enabling a financial transaction on behalf of a customer.

🔸 Marketplace
With a marketplace, you collect a percentage of the total transaction value in the sale of a good or service that goes through your intermediary platform.

🔸 E-Commerce
An e-commerce company sells physical goods online.

🔸 Advertising
An advertising company offers a free service to consumers and derives revenue entirely, or predominantly, from advertisers. Common advertising companies include social networks, content sites, and publishers.

🔸 Hardware
You sell physical devices to consumers or businesses.

Improve your life ♻️

PGF500 Team

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What is your business model in the tech space?

🔴 What’s your business model?

Here are some examples of business models in the tech space, each having different metrics you should be tracking.

🔸 Enterprise
You sell your software to other businesses on a single-license basis. These contracts have fixed terms and designated contract values.

🔸 SaaS
Here you’re selling cloud software-as-a-service through a subscription model (could be annual or monthly terms).

🔸 Usage-based
You’re billing your customer based on their usage of your product or service over a given period.

🔸 Subscription
A subscription company sells a product or service, usually to a consumer, on a recurring basis (monthly or annually).

🔸 Transactional
You collect a fee for enabling a financial transaction on behalf of a customer.

🔸 Marketplace
With a marketplace, you collect a percentage of the total transaction value in the sale of a good or service that goes through your intermediary platform.

🔸 E-Commerce
An e-commerce company sells physical goods online.

🔸 Advertising
An advertising company offers a free service to consumers and derives revenue entirely, or predominantly, from advertisers. Common advertising companies include social networks, content sites, and publishers.

🔸 Hardware
You sell physical devices to consumers or businesses.

Improve your life ♻️

PGF500 Team

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🚀🚀🚀 Six skills for company success

Which area of your business do you want to improve?

🔺 Product or service
🔺 Engineering
🔺 Design
🔺 Sales and marketing
🔺 Finance
🔺 Leadership, management and Team

The more things out of this list you are actually familiar with, the more likely you will succeed.

Improve your life ♻️

PGF500 Team

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✅ The European Green Deal

The European Green Deal:

☀ renewable energy
🚄 clean transport
🍽 sustainable food
🐿 nature restoration

It will be even more important than before.

Next Generation Technologies for Earth Systems Science and Innovation:

✅ Remote Sensing
✅ Web 3.0
✅ Cloud High Performance

Improve your life ♻♻♻

PGF500 Team

#EuropeanUnion #EUGreenDeal

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♻️ The Sustainable Business Model Canvas

✅ The Sustainable Business Model Canvas supports the development of an idea into a viable business model. It follows a holistic approach regarding the relationships within and outside the business.

💹 Besides economic criteria it focusses on ecological and social consequences of the activity. It aims at maximizing positive and avoiding negative impact on society and nature. Therefore, sustainability is integrated into the core business.

🚀 The visualization on the canvas fosters coherence of the concept and clarification among the team members. It further supports communication with third parties and prepares for a solid business plan.

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Link: https://www.case-ka.eu/index.html%3Fp=2174.html

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Sustainability Performance: https://tool.case-ka.eu/projects/public-results

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Improve your life ♻️.
PGF500 Team
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Business Checklist

Your Business:

🔴  Idea
Do you have a good business idea?
Have you validated your business idea with users who will benefit from your solution?
Can you articulate your vision, value proposition, unique selling point and your “why”?
Are you ready to start designing your product or service and build an MVP?

🎯 Business Model
How are you going to make money?
Have you decided on a business model?
Can customers pay for your product?
Do you know your operating cost are so that you can plan a year ahead without financial worry?

🚀 Growth
Do you know how to market and find team?
Do you know where to find your customers?
Have you decided on a marketing channel and brand value?
Do you know your own superpowers and how to attract others to join your team?

💰 Fundraising
How will you fund your business?
Have you give thought to the different ways to fund your business?
Do you know what it means to bootstrap, getting angel money or Venture Capital?
Have you articulated your story in a concise 10 slide pitch?

Anne Cocquyt (Silicon Valley)

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PGF500 Team

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Share your ideas with your team

🔴 In difficult moments, think about your business strategy.

New Business Models:

🔸 IoT
🔸 AI
🔸 Blockchain
🔸 5G
🔸 Quantum Computing

(Reminder: Big data)

Technology creates new opportunities, new services and products.

The quality of life improves every day thanks to you who are a visionary.

Use the Business Model Canvas or Lean Canvas for your business strategy.

Enjoy

-The PGF500 Team

Sign Up for 15 Days Free Trial: https://www.pgf500.com/signup

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From idea to IPO

We help people to launch and grow their business.

We help you choose the right trajectory.

We are living in a different era.

Reminder: implement, review, learn, hypothesize, and repeat.

Sign Up for 15 Days Free Trial: https://www.pgf500.com/signup

9 business Models:

Enterprise
SaaS
Usage-based
Subscription
Transactional
Marketplace
E-commerce
Advertising
Hardware

Use Lean Canvas or Business Model Canvas for your business strategy:

🔺Verticals based.

🚀 Enjoy the journey

-The PGF500 Team