Business plan: how to model your business
Learn how to model your business, identify the key variables, and project them to build a solid annual plan.
Learn how to model your business, identify the key variables, and project them to build an annual plan
Before we start, if you need help with your business plan, write to me at guido@bildungdata.com
I've been talking to many startups, and they all have something in common…
They haven't built their business plan yet.
I put together a video explaining in detail how you can build it, using a one-sided mobile marketplace as an example.
- One-sided: supply is solved; we only have to worry about bringing buyers to the platform.
- Mobile: we'll invest in mobile app installs.
→ In the video we go through, in detail:
1) What a business plan is for.
2) How to build it step by step, walking through each of the example's key metrics (new users, recurring, conversion rate, etc).
3) Next steps: build the metric tree and start measuring each of the variables we identified.
Watch the complete video in Youtube
