What is a Business Model?

A business model is a repeatable process for how your business makes a profit.  It seems simple enough conceptually but, defining your business model is extremely important when building a company.  It may be easier to think about with an example.   Let’s say you want to open a pizza shop in your hometown.  You recentlyContinue reading “What is a Business Model?”

The Danger of Anecdotes in Decision Making

Data is everywhere today and we have more information available at our fingertips than we ever have in the history of mankind.  We create data every time we interact with our smartphones, turn on the TV, or hop in our car and drive to work.  The amount of data created is expressed in numbers thatContinue reading “The Danger of Anecdotes in Decision Making”