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Business Quote by Steve Blank

“A business model describes how your company creates, delivers and captures value.” quote by Steve Blank
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“A business model describes how your company creates, delivers and captures value.”

Steve Blank

About This Quote

Source Book: “The Startup Owner’s Manual” by Steve Blank, 2012

A business model outlines how a firm generates, delivers, and captures value for customers and stakeholders.

In simple terms: Defines how a company creates and captures value.

Key Takeaway

Design, test, refine your model.

Themes

business value creation strategy

Mood

analytical pragmatic

Type

explanatory instructional

When to use this quote

  • startup planning
  • product development
  • market analysis

Key Concepts

entrepreneurship economics innovation

Questions to Reflect On

  • What value does your model deliver?
  • How will you capture it?
A Different Perspective

Models can become outdated quickly.

2.3 out of 5 (5 ratings)

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