Search results
Aug 10, 2023 · “All Up in the Biz,” a new documentary directed by Sacha Jenkins, is a cogent, affectionate and largely apt tribute to Markie, the D.J. and rapper who was known as a gifted beatboxer....
Aug 4, 2023 · Comment. A still from All Up in the Biz (Image via Showtime) All Up in the Biz is all set to be released and is slated to premiere on Showtime at 9 p.m. ET/PT on Friday, August 11,...
- Arvind Rao
Verified Audience. Nora Lee Mandel Maven's Nest. Director Sacha Jenkins’ informative, time-shifting biography of humorous rapper/beatboxer/DJ Biz Markie edits together animation, puppets,...
- What Is Value in Business?
- 8 Types of Business Models to Explore
- Setting Your Business Up For Success
A successful business creates something of value. The world is filled with opportunities to fulfill people’s wants and needs, and your job as an entrepreneur is to find a way to capitalize on these opportunities. A viable business model is one that allows a business to charge a price for the value it’s creating, such that the business brings in eno...
1. Product
A product is a tangible item of value. To run a successful product-focused business, try to produce the item for as low a cost as possible while maintaining a reasonable level of quality. Once the item is produced, your objective should be to sell as many units as you can for as high a price as people are willing to pay to maximize profit. Products are all around us. From laptops to books to HBS Online courses (products don’t have to be physical), products are a classic form of value with hig...
2. Service
A service involves offering assistance to someone else for a fee. To make money from your service, provide a skill to others that they either can’t or don’t want to do themselves. If possible, repeatedly provide this benefit to them at a high quality. Like products, services are in abundance, especially in the knowledge economy. From hairdressers to construction workers to consultants to teachers, people with lucrative skills can earn good money for their time. 1. Pros:If you have a skill in...
3. Shared Assets
A shared assetis a resource that many people can use. Such resources allow the owner to create or purchase the item once and then charge customers for its use. To run a profitable business around shared assets, you need to balance the tradeoff of serving as many customers as you can without affecting the overall quality of the experience. For instance, think of a fitness center. A gym typically buys treadmills, ellipticals, free weights, bikes, and other equipment and charges customers monthl...
These eight types of business models each have pros and cons and deliver value in their own ways. If you’re looking to start a business and need a place to start, one of these could be the best fit for your venture and entrepreneurial skill set. Interested in honing your entrepreneurial skills? Explore our four-week online course Entrepreneurship E...
- Freemium business model. The freemium model lets users access the base application or service for “free” before enticing them to upgrade to a “premium” license to unlock advanced (often necessary) features.
- Subscription business model. The subscription model requires users to pay a monthly (or annual) subscription to access your products and services. Some businesses use a combination of freemium and subscription models to bait and hook customers, while others make themselves more premium by offering no free alternatives.
- Pay-as-you-go business model. The pay-as-you-go business model has users pay based on their consumption. You could consider your electricity and water bills as pay-as-you-go models—the more you use, the more you pay.
- Ad-based business model. Advertising business models offer free services in exchange for ad views. Consumers get to use the product for free as much as they want, but the more they use it, the more ads they’ll see (which is a win-win for businesses).
Jul 20, 2023 · The 8 Components of a Startup Business Model. A business model is a plan for how your business will succeed. You can define success in terms of finances, product-market fit, sustainable production and distribution, or reaching and converting customers.
All Up in the Biz - Showtime Documentary - Where To Watch. Showtime. Documentary. 2023. 1 HOUR 40 MINS. Documentary. Music. Hip-Hop & Rap. Interviews and archival footage provide insight into...
