Business Model Masterclass: Design For Success
Time & Location
About The Event
Do you have a great business idea? Are you wondering where and how to start your startup?
This Masterclass is designed to help entrepreneurs create a sustainable business model and develop a framework for validating that model. We introduce startups to Osterwalder’s Business Model Canvas, Value Proposition Canvas and the analytical process required to validate a business model. The workshop is highly interactive and all participants will be able to design their own business model during the workshop.
The Business Model Canvas (BMC) is a strategic management and entrepreneurial tool designed for early-stage businesses to explore design, challenge and develops many aspects of their business. It looks at the company’s Value proposition, its Customer segments, resources, requirements and incoming and outgoing finances.
In this hands-on workshop, learners will learn about the key segments of the BMC, explore each in detail and lay the foundations for creating their own Business Model Canvas for their business ideas.
At the end of the workshop, learners should be able to:
1) Understand the importance of having a business model;
2) Identify the key elements of the Business Model Canvas;
3) Use the Business Model Canvas and Value Proposition Canvas to describe, design, challenge and pivot their business ideas;
4) Create meaningful business discussions using the Business Model Canvas.
This workshop is for all new ventures that are looking for clarity on how to establish a profitable business and is most suitable for anyone who is interested in becoming an entrepreneur and build a viable startup business. The workshop is intentionally designed to be delivered in small group to foster maximum interaction, allowing learners to work on their business models and get individualised feedback from the trainer.
1) Aspiring entrepreneurs
2) New business owners
3) Self-employed professionals