See how hardware and product makers are combining business models from software, coffee makers, and the razorblade industry to redefine how we want, use, and love things.
Necessity breeds invention. If you are looking to be inspired by business model innovators, keep your eye on the makers. Wearables, smart home devices, and the graduates of successful Kickstarter and Indiegogo campaigns are experimenting not just with product innovation, but business model innovation.
Last week it was one of those rare perfect sunny days in New York City, and I found myself looking up at the sky as I crossed West 4th Street. I was soon to be punished for my reverie. While enjoying the sun, my glasses had slipped out of my pocket and onto the middle of the street, but I hadn’t noticed this yet.
It would seem that young founders no longer dream of ringing the NASDAQ bell.
The initial public offering (IPO) – the first sale of stock by a company to the general investing public – used to be the goal post for entrepreneurs. The story went like this: start a company, seek investment from angels and then venture investors, achieve outstanding growth, and launch an initial public offering. The NASDAQ bell ringing day is celebrated like a ritual on Wall Street.
Business and capital model ideas, cases, teardowns, and deep dives on how to build organizations that have different philosophies for growth, impact, and purpose.
