{"id":2397,"date":"2019-04-26T10:41:07","date_gmt":"2019-04-26T08:41:07","guid":{"rendered":"https:\/\/rocketpad.co.za\/matoyana\/?p=2397"},"modified":"2019-04-26T11:43:38","modified_gmt":"2019-04-26T09:43:38","slug":"2397-2-whybusinessmodelsmatter","status":"publish","type":"post","link":"https:\/\/rocketpad.co.za\/matoyana\/2397-2-whybusinessmodelsmatter\/","title":{"rendered":"Why business models matter!"},"content":{"rendered":"
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Photo by rawpixel.com from Pexels<\/figcaption><\/figure>\n

Why Business Models Matter?<\/p>\n

By: Nokwazi Mzobe<\/p>\n

A business model is the blueprint of your businesses success and we decided to research and compile quotes from leading entrepreneurs; business leaders, journalist and academics, that show us why business models matter. Here are 8 insightful reasons:<\/p>\n

1)\u00a0\u00a0\u00a0\u00a0\u00a0 A good business model remains essential to every successful organization, whether it\u2019s a new venture or an established player. (Joan Magretta, Havard Business Review)<\/p>\n

2)\u00a0\u00a0\u00a0\u00a0\u00a0 Money is available from investors as long as you have a great business model and a talented leader. (Masayoshi Sun, Founder and CEO of Softbank)<\/p>\n

3)\u00a0\u00a0\u00a0\u00a0\u00a0 We are a mission-driven company. In order to do this, we have to build a great team. And in order to do that, you need people to know they can make a bunch of money. So, we need a business model to make a lot of money. (Mark Zuckerberg, Founder and CEO of Facebook)<\/p>\n

4)\u00a0\u00a0\u00a0\u00a0\u00a0 The business model is both the starting point and the scorecard for Customer Development progress. (Steve blank, Entrepreneur and Author)<\/p>\n

5)\u00a0\u00a0\u00a0\u00a0\u00a0 The more you drive positive change, the more enhanced your business model. (Anand Mahindra, Chairman of Mahindra group)<\/p>\n

6)\u00a0\u00a0\u00a0\u00a0\u00a0 The advent of the Internet exposed the fact that the old business model for newspapers was broken. The world wide web fundamentally changed the media eco-system, challenging established journalistic practice in what is known as the mainstream media: radio, television, newspapers and magazines. (Lionel Barber, Journalist and Editor of the Financial Times)<\/p>\n

7)\u00a0\u00a0\u00a0\u00a0\u00a0 More and more businesses are seeing the potential of a more sustainable business model, driven both by the firm belief that business can be a force for good and by the realization that the cost of inaction often exceeds the cost of action – notably when it comes to the growing threat of climate change and water scarcity. (Paul Polman, former CEO of Unilever)<\/p>\n

8)\u00a0\u00a0\u00a0\u00a0\u00a0 Luck is not a business model. (Anthony Bourdain, former celebrity chef, author, and travel documentarian)<\/p>\n

Credits:<\/u><\/strong><\/p>\n

Source for quotes:\u00a0https:\/\/www.brainyquote.com\/topics\/business_model<\/a><\/p>\n

Image: Photo by rawpixel.com<\/a> from Pexels<\/a><\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Why Business Models Matter? By: Nokwazi Mzobe A business model is the blueprint of your businesses success and we decided to research and compile quotes from leading entrepreneurs; business leaders, journalist and academics, that show us why business models matter. Here are 8 insightful reasons: 1)\u00a0\u00a0\u00a0\u00a0\u00a0 A good business model remains essential to every successful…<\/p>\n","protected":false},"author":3,"featured_media":2398,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"footnotes":""},"categories":[66],"tags":[90,164,78,72,186,104,154,196,74],"class_list":["post-2397","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","tag-business-2","tag-business-model","tag-collaboration","tag-entrepreneur","tag-entrepreneur-skills","tag-inspiration","tag-matoyana","tag-nokwazi-mzobe","tag-small-business"],"_links":{"self":[{"href":"https:\/\/rocketpad.co.za\/matoyana\/wp-json\/wp\/v2\/posts\/2397"}],"collection":[{"href":"https:\/\/rocketpad.co.za\/matoyana\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rocketpad.co.za\/matoyana\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/rocketpad.co.za\/matoyana\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/rocketpad.co.za\/matoyana\/wp-json\/wp\/v2\/comments?post=2397"}],"version-history":[{"count":5,"href":"https:\/\/rocketpad.co.za\/matoyana\/wp-json\/wp\/v2\/posts\/2397\/revisions"}],"predecessor-version":[{"id":2418,"href":"https:\/\/rocketpad.co.za\/matoyana\/wp-json\/wp\/v2\/posts\/2397\/revisions\/2418"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rocketpad.co.za\/matoyana\/wp-json\/wp\/v2\/media\/2398"}],"wp:attachment":[{"href":"https:\/\/rocketpad.co.za\/matoyana\/wp-json\/wp\/v2\/media?parent=2397"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rocketpad.co.za\/matoyana\/wp-json\/wp\/v2\/categories?post=2397"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rocketpad.co.za\/matoyana\/wp-json\/wp\/v2\/tags?post=2397"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}