Professional Documents
Culture Documents
We need a clear path to build something meaningful. The process of building a business model
establishes a plan for how we will realize our vision. It lays out the strategy behind a new undertaking or
investment and provides a framework for tracking progress. As an entrepreneur, we should think from
the outside in focusing on market needs and what matters most to customers. Once built, sharing our
business model across the organization encourages alignment. This keeps everyone accountable for
what they are working on and why, as well as guiding investments of time and resources.
It is important to know first the quality of our product before distributing it to the customers. Of
course, we look for the best quality of each components used in manufacturing our Piso Wifi. We make
sure that the components that we mainly used in manufacturing the machine are efficient enough to
satisfy our customers. In order to have a brief knowledge about the components we used in
manufacturing the machine, these items below are mainly used in our Piso Wifi to operate.
Sharing information to the customers on what our business has to offer is not quite enough. In
order for us to have committed customers that would surely be interested in buying our product, we
need to create this business model. For further understanding of our business model, refer to the
illustration below. With this, it is now quite clear the composition of our business model.
Illustration 1.0. Magic Triangle
What do we offer?
Store
Home
WHO
Revenue
Mechanism Value Chain
VALUE HOW