Continuously refine your business model from "summary" of The Startup Playbook by David Kidder
The key to success in the startup world is being able to adapt and evolve quickly. Your business model is your blueprint for how your company will make money, and it's crucial that you are constantly refining and improving it as you learn more about your customers and the market.
When you first start out, your business model is really just a hypothesis. You might think you know who your customers are, what they want, and how much they are willing to pay for it, but until you actually start selling and getting feedback, you don't really know for sure.
That's why it's so important to be open to changing your business model based on what you le...
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