[DIYToolKit] Do you have a Business Model Canvas?

Of all of the start-up tools out there, the Business Model Canvas is one of the most well-known and relied-upon to help entrepreneurs transform an idea into an organized strategy and an actionable business plan.

The Business Model Canvas gives entrepreneurs a wide snapshot of every aspect of their business – everything from the value proposition and customer segments to operations and the financials. The tool itself, however, is no more complex than a series of nine boxes representing business segments drawn across one sheet of paper. A large part of its effectiveness is in its simplicity. The exercise forces owners to stay focused and concise as they map out their business according to each of the boxes to hone in on their business strategy and plan.

A Business Model Canvas lets you put your entire business down on paper and assess your strategy, planning gaps and exposure to risk.

According to Bruce Gitlin, SCORE mentor and business development expert, the Business Model Canvas can help entrepreneurs address specific risks and acquire more information about competitors, costs, customer segments or a market niche.

“Many start-up entrepreneurs and small businesses are so busy trying to get started and survive that they spend little time planning. When they do try to plan, they are often confused and don’t know where to start,” explains Gitlin. “This tool sets an overarching framework for developing a business strategy, a detailed business plan, and/or a prioritized action plan.”

You can easily create your own Business Model Canvas and go through the exercise yourself.

When planning your start-up, go through your own Business Model Canvas exercise and integrate your completed canvas into your business plan. If your business is already operating, going through the exercise is just as valuable. You’ll have the opportunity to assess your business plan using actual data and refine your strategy to get closer to your goals.

Here is a breakdown of the nine Business Model Canvas building blocks and how to think through each one as you create your own canvas.

  • Key Partners

Who are the buyers and suppliers you need to form relationships with? What other alliances will help you accomplish core business activities and fulfill your value proposition to customers?

  • Key Activities

What are the most important activities you must engage in to fulfill your value proposition, to secure distribution channels, to create and strengthen customer relationships, to optimize revenue streams, and more?

  • Key Resources

What resources do you need to create value for your customers and sustain your business?

  • Value Proposition

What core problem does your business solve? What benefits does your business deliver? And, what products or services will you offer to meet the needs of your customers?

  • Customer Segments

Who will your business serve? Will you serve a single customer type or multiple customer segments? Which customers are the most critical for your business’ success?

  • Customer Relationships

What types of relationships will you forge with your customers? What are the relationship expectations from each customer segment?

  • Sales Channels

Through what means will you reach your targeted customers and deliver your products and services to them? Which will be the most cost-effective? How are your sales channels integrated?

  • Cost Structure

What are all of the costs that you’ll incur while operating your business? There are two primary types of cost structures: value-driven and cost-driven. A part of this block is determining which structure makes the most sense for your business and factoring that into your cost strategy.

  • Revenue Stream

How will you charge for our product or service? What are customers willing to spend? And, how much will each revenue stream contribute to your overall annual revenue?

Identifying planning gaps between these nine building blocks is the real value of the Business Model Canvas.

According to Gitlin, gaps in planning stand out when using the tool, making it effective for entrepreneurs who are new to starting and running a business.

“The Business Model Canvas helps visualize what is important and forces users to address key areas,” he says. “It can also be used by a team (employees and/or advisors) to understand relationships and reach agreements.” via https://philadelphia.score.org/blog/benefits-using-business-model-canvas-2

via https://diytoolkit.org/

Dealer’s Choice: Vol. 30

Dealer’s Choice: Volume 30 by Legendary Wayne

Go ahead and check out the many unsigned artists through Twitter and remember to follow/listen to more tracks individually from artists that captures your interest the most by way of Soundcloud and other personal links that person or group may have.

#BreakingOut

Be sure to follow and connect with featured artists, whether fan, fellow artist, DJ or Producer… Send comments about artists featured on the ‘tape as well as feedback on the mixtape itself. Remember to rate the mixtape at the bottom and also share with friends through our social media options… Enjoy!

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Tracklist w/ Twitter Links

 1. Clayton Bryant (@claytonbryant) Feat. Johnny Turco – Tears In Heaven 4.33

2. Devon Baldwin (@devonbaldwin_) – Already Gone (Prod. by 4e & Majors) 3.52

3. Lorine Chia (@LorineChia) – “Garage Band” 3.00

4. Diamond Carter (@iDiamondCarter) – “Low” 3.18

5. Earlly Mac (@EarllyMac) Feat. Drey Skonie (@Dreyskonie)- “Another Level” (Prod. by Roger GoodMan & Drey Skonie) 3.54

6. Maydien (@Maydien) Ft. Amos Rose (@Famos_Ame) – Greedy Greedy (Prod. By Mitchell LC Yard (@M_Y_SOUNDS)) 3.06

7. Cekary – Persuasion (Prod. by Nova) 4.59

8. Crystal Caines – “Sapiosex” 3.53

9. Joey FATTS (@JoeyFatts) Feat. JMSN (@iamjmsn) – Everybody (Prod. By Joey Fatts) 3.40

10. Tavi Montelle (@TaviMontelle)  – Sayin’ (Prod. By Rascal) 3.32

11. Alex Wiley (@Alex_Wiley) – “Ready” 2.05

This mixtape stream was made possible through Soundcloud.

Dealer’s Choice: Vol. 29

Dealer’s Choice: Volume 29 by Legendary Wayne

Go ahead and check out the many unsigned artists through Twitter and remember to follow/listen to more tracks individually from artists that captures your interest the most by way of Soundcloud and other personal links that person or group may have.

#BreakingOut

Send comments about artists featured on the ‘tape as well as feedback on the mixtape itself. Remember to rate the mixtape at the bottom and also share with friends through our social media options… Enjoy!

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Tracklist w/ Twitter Links

1. Graddy Co. (@GraddyCo) Feat. Ray Jr. (@rayjr216) , LA Dram (@Dramahimself_LA) & Pooh Gutta (@POOH_GUTTA) – All My Hoes  (Prod. by Pyrexxz (@PyrexxzBunkin)) 4.02

2. DJ Meel (@_DJMeel) Feat. Rossi Mafia (Ducky Smallz (@81smallz), Astronaut KI (@AstronautKI) & Tezo (@tezoforprezo)) – The Illest (Prod. By Clockwork Muzik (@DinoCiccarelli)) 4.34

3. Teddy Blow (@TeddyBlowRR) – On Me (Prod. lnt’l campaign) 3.56

4. DENZEL CURRY (@RavenxMiyagi) – “Envy Me” 4.27

5. Alex Wiley (@Alex_Wiley) – “Whip” 3.46

6. Pilot Pat (@piiilotpat) – Black Out (Prod. Rioretti (@Rioretti)) 3.50

7. OttoMattic (@OttoMatticBaby)- “Fire” 3.13

8. Kid Malik (@Kid_Malik) – Fresh To Death [Prod. By Jay Viisiion (@JayViisiion)] 4.05

9. iHipHop Distribution (@ih2d) Presents Cannibal Ox (@CannibalOx) – “Harlem Knights” 3.37

10. NicX (@NicXnation) – Ain’t GOOD Enough [Prod. By Identity Withheld (@IDWH777)] 3.41

11. Dat Nxgga Steph (@Steph_DhXpe) – “Money” (Prod. Bruce Wayne (@brucewayneprod)) 3.17

This mixtape stream was made possible through Soundcloud.

Dealer’s Choice: Vol. 28

Dealer’s Choice: Volume 28 by Legendary Wayne

Go ahead and check out your new favorite indie artist on Twitter and remember to follow or listen to more tracks individually from the artist that captures your interest more on Soundcloud.

#BreakingOut

Send comments about artists featured on the ‘tape as well as feedback on the mixtape itself. Remember to rate the mixtape at the bottom and share with you friends

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Tracklist w/ Twitter Names

1. HuSH (@Hushdegod) – Feel Like 4.01

2. DPL (@DPLdoubleLIFE) – Dysfunctional 3.32

3. Superhumanoids (@superhumanoids) Feat. Rome Fortune (@romefortune) – No Future 3.50

4. Professor Green (@professorgreen) Feat. Tori Kelly (@ToriKelly)  – Lullaby  4.53

5. Auzz Radio (@WhoAuzz) – Caught Feelings 2.35

6. Atari Jones (@Atari_Jones) – In The Dark 3.53

7. NO1|NO.1 (@NO1Drug) – Differences (Prod by NO1) 2.18

8. Sule’ (@SulesMusic) Feat. Jabbar Hakeem (@Jabbar_Hakeem) – A.N.B (Prod. By Lexi Banks @LexiBanksBeats) 3.28

9. Astronaut K.I. (@AstronautKI) – “Clicquot N Bitches Pt. 2” 2.33

10. BRENMAR (@BBRENMAR) Feat. Lil Uzi Vert (@LILUZIVERT) & Rome Fortune (@romefortune) – We Rollin  3.04

11. GrandeMarshall (@GrandeMarshall) Feat. Pauly Sue (@Paulysue) – Make It Count (Prod. Ben Pramuk & SamGreenS (@SamGreenS)) 4.59

This mixtape stream was made possible through Soundcloud

Dealer’s Choice: Vol. 27

Dealer’s Choice: Volume 27 Presented By Legendary Wayne

After taking a long, extensive break, we are back at it. Over the next couple of weeks, we, IndieVersal, will be releasing a stockpile of music from independent artists you may or may not have heard of. Be on the look out and support there up and coming artists… You never know which one will become the next big star…

Go ahead and check out your new favorite indie artist on Twitter and remember to follow or listen to more tracks individually from the artist that captures your interest more on Soundcloud.

#BreakingOut

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Tracklist

1. Teddy Blow – This My Year [Prod. By Big Los] 4.23

2. J.R. Donato – FIFA 2.06

3. Gloss Da Boss – 101 Reasons 4.23

4. OPB Feat. Key! and Omari Shakir – Too Much Pt. 2  [Prod. By TrapMoneyBenny] 3.04

5. Scoop Deville & Demrick Feat. B Real & Berner – “Blowing Money Fast” 4.54

6. Kirk Knight – “Brokeland” [Prod. by Kirk Knight] 2.36

7. Mohlz Feat. Vinny Moe X Tae Mugga – Never Die 3.46

8. Tim Gent – Man I Am [Prod. by Ducko McFli] 2.41

9. Ease – Youth  2.47

10. Gloss Da Boss – LITUATION GMX 1.44

11. Kris B – Ricky Story 4.53

Send comments about artists featured on the ‘tape as well as feedback on the mixtape itself. Remember to rate the mixtape at the bottom.

This mixtape was made possible through Soundcloud

Dealer’s Choice: Vol. 26

Dealer’s Choice: Volume 26 By Legendary Wayne

Go ahead and check out your new favorite indie artist on Twitter and remember to follow or listen to more tracks individually from the artist that captures your interest more on Soundclould.

#BreakingOut

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Tracklist w/ Twitter Names

1. Que (@que) Games [Produced by OZ (@OZMusicProducer)] 2.54

2. Crystal Caines (@CrystalCainesFeat. Guylaire (@artofthelover) Mercy [Produced by The Understudy] by  3.25

3. Azizi Gibson (@AziziGibson)Look Around [Prod. by Kamandi (@kamandimusic)] 1.27

4. Robb Bank$ (@RobbBanks) & Chris Travis (@KenshinTravisSolid  3.14

5. Waldo (@Waldo_AGORich Without Money [Prod. Fortune, Gravez (@GravezMusic) & Sango (SangoBeats)] 3.12

6. Rob Curly (@robcurlymusic) Feat. Stroy – Plug (Smoke To This) 3.04

7. Vanatei (@VanateiHead High [Prod. by Blunt City, D July] 3.32

8. Fashawn (@fashawn)Guess Who’s Back 4.02

9. Austin Millz (@AustinMillzFeat. Rome Fortune (@romefortune) Illusion 3.45

10. A.Y.N. (@Luchi_montana_) – I JUS FLEW N 3.52

11. Reek Havoc (@Reek_HavocUPT) Feat. Diverse Character (@VerseCharacter– Born To Die 4.16

Send comments about the artists featured on the ‘tape as well as feedback on the mixtape itself. Remember to rate the mixtape at the bottom.

This mixtape was made possible through Soundcloud

Dealer’s Choice: Vol. 25

Dealer’s Choice: Volume 25 By Legendary Wayne

Go ahead and check out your new favorite indie artist on Twitter and remember to follow or listen to more tracks individually from the artist that captures your interest more on Soundclould.

#BreakingOut

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Tracklist w/ Twitter Name:

1. Courtlin Jabrae (@CourtlinJabrae)1991 [Prod. by Courtlin Jabrae (@CourtlinJabrae)] 3.14

2. Tory Lanez (@torylanez)Crew (Hoodboi & Falcons Remix) 3.56

3. Wave Chapelle (@BLMNWAVE) Feat. Keelyn Ellis (@iamkeelyn)King 2.13

4. Chelsea Reject (@ChelseaReject) Feat. CJ Fly of Pro Era (@FLYestintheeERA) & T’nah ApexGo [Prod. by Psymun (@psymun)] 3.31

5. J Metro (@Jmetromusic)Bodyguard 3.46

6. Skizzy Mars (@SkizzyMarsFeat. G-Eazy (@G_Eazy& Olivver the Kid (@_olivver)Time 3.55

7. Who Is Nino (@WhoIsNino) Feat. Ami The TruthDope Chick 4.15

8. Courtlin Jabrae (@CourtlinJabrae)None Of My Business [Prod. by Courtlin Jabrae (@CourtlinJabrae)] 3.30

9. Ricky Rikardo (@RickyRikardo_1) Feat. Tee Willis (@SweetHoneyTee_What I Wanna Hear 4.17

10. Saba (@SabaAbraha1Crossfire (Dawn To Come) [Prod. by Mikeyy of 94sGold (@94sMikeyy)] 2.30

11. Cubby (@cubbysounds) Feat. Rome Fortune (@romefortunePretty 3.49

Send comments about the artists featured on the ‘tape as well as feedback on the mixtape itself. Remember to rate the mixtape at the bottom.

This mixtape was made possible through Soundcloud

Dealer’s Choice: Vol. 24

Dealer’s Choice: Volume 24 By Legendary Wayne

Go ahead and check out your new favorite indie artist on Twitter and remember to follow or listen to more tracks individually from the artist that captures your interest more on Soundclould.

#BreakingOut

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Tracklist w/ Twitter Name

1. Haze Da Punter (@hazedapunter) – A1 3.07

2. OG Maco (@OGMaco)New Money 4.23

3. YGTUTHangin’ [Prod. by D. Sanders (@sondaehyun)] 3.04

4. JabSplit Wine (High Times) 2.08

5. Crystal Caines (@CrystalCaines) Feat, Kris Kasanova (@KrisKasanova)Seven [Prod. by IRateGenius] 3.13

6. S’natra (@SnatraRaps)Ribbons 2.50

7. Layla Khepri (@LaylakhepriExtendoz Hot 32 2.36

8. Jordan Hunter (@Mr_Hunter336) Feat. Cory Gunz (@CoryGunzReally Tryna Go 3.00

9. Wave Chapelle (@BLMNWAVENew Black History [Prod. by Beat Brokers Network (@BeatBrokersNet)] 3.19

10. Kur (@kurngb)Thousand Oaks [Prod. by KD] 1.51

11. Kur (@kurngb)Blessings (Freestyle) 2.44

Send comments about the artists featured on the ‘tape as well as feedback on the mixtape itself. Remember to rate the mixtape at the bottom.

This mixtape was made possible through Soundcloud

Dealer’s Choice: Vol. 23

Dealer’s Choice: Volume 23 By Legendary Wayne

Go ahead and check out your new favorite indie artist on Twitter and remember to follow or listen to more tracks individually from the artist that captures your interest more on Soundclould.

#BreakingOut

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Tracklist w/ Twitter Names

1. ShaqIsDope (@shaqisdopeRhyme Like This [Prod. by Pitt Tha Kid (@pittthakid)] 3.09

2. Kembe X (@KEMBE_X)Crack Baby 2.35

3. Earlly Mac (@EarllyMacFeat. Big Sean (@BigSean) & A$AP Ferg (@ASAPferg)Do It Again 3.57

4. BThaOne (@BthaOne) – Bricks (Remix) 2.23

5. Billard (@iambillard)Can’t Get Enough [Prod. by Billard (@iambillard)& Clockwork Muzik (@DinoCiccarelli)] 4.17

6. Sahtyre (@sahtyre)Spliffz 2.23

7. Key! (@FATMANKEY)Work Ya Risk [Prod. by TM88 (@IamTM88)] 2.40

8. Brian Fresco (@BrianFresco) Feat. Joey Purp (@JoeyPurps)Hammertime 3.50

9. Allan Kingdom (@ALLANKNGDMGlass Up (Chi x TC) [Prod. by Odd Couple (@oddcouplebeats)] 3.33

10. Young Cypher (@youngcypherThe 01 Ville Story [Prod. by Kelly Portis (@theGENIUSofKP)] 2.42

11. The Holy Karon (@HOLYKARON)My Religion 3.15

Send comments about the artists featured on the ‘tape as well as feedback on the mixtape itself. Remember to rate the mixtape at the bottom.

This mixtape was made possible through Soundcloud