A business model for every startup

Flying Dog

Here’s a simple business model which should be built into every startup.

Ways to make money using technology which is not available today.

The possibilities of connection are changing so rapidly these days it is quite possible that the way we make money in a few years, is not even technically possible today. The startup may invent the technical possibility, or leverage an emerging possibility for the community they are building. Either way, the path is simple – startups need to ensure that their future revenue streams consider a future possibility, not just the reality of today.

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Decision intertia

I was having an interesting discussion with a colleague Cris Pearson (founder of Skitch & Comic Life) about pricing models on the web – as soon I’ll be changing the rentoid model.

I asked his some advice and his response was so simple it is till ringing in my ears.He said;

The more choices you give consumers, the less likely they are to do any anything.

Cross road decisions

He then went on to say ‘choose a price’ not multiple options, to avoid decision inertia. The question for startups is – what complexity barriers have we created which stop our people from buying from us?