Build scalable and sustainable business models from "summary" of The Lean Entrepreneur by Brant Cooper,Patrick Vlaskovits
To truly succeed as an entrepreneur, you must create a business model that can grow and evolve over time. This means building a system that can handle increased demand without collapsing under the pressure. Scalability is crucial because it allows your business to adapt to changing market conditions and customer needs. A scalable business model is one that can increase revenue without a proportional increase in costs. This allows you to grow your business without running into financial difficulties. By focusing on scalability, you can ensure that your business can handle rapid growth without sacrificing quality or customer satisfaction. Sustainability is another key aspect of a successful business model. A sustainable business is one that can maintain its operations over the long term without depleting essential resources. This includes finan...
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