Identify the revenue model
Identify the cost model
Identify the revenue / cost ratio
What's your revenue model?
What's your current # of paid clients & target ?
What's the average revenue per paid client & target?
What are your major revenue stream(s) and their breakdown?
What's your cost model?
What's your major variable cost?
What's your major overhead cost?
What's your LTV / CAC ratio & target?
What's your margin & target?
What's the link to your financial statements? (if you don't have it, what are your monthly burn and monthly revenue?)
"How to Identify the Right Revenue Model for Your Startup" by Forbes https://www.forbes.com/advisor/business/how-to-start-a-business/
"The 10 Most Common Revenue Models for Startups" by Entrepreneur https://fi.co/insight/the-10-most-popular-startup-revenue-models
Startup Revenue Models https://www.dkparker.com/14-startup-revenue-models/
What are some of the challenges of managing your cost model?
Provide your responses in the Module 06: Business Model Slack channel.
Post:
A book or article you’ve recently read that has influenced your thinking about assessing the market
A tool, framework, or website that has been a useful resource to your work.
Links to a news story with an entrepreneurs/startup theme, and your thoughts about it.
Questions your classmates might be able to help with.