Jerry Fernholz’s Post

While watching the YouTube video, "Ep 1 - Getting From Business Idea to Business Model" by Strategyzer, I realized that a great business idea is not the same as a business model, but rather they go hand in hand. Two key factors that determine a successful model are scalability and financial sustainability. Scalability means your business can grow without falling apart, while financial sustainability ensures you can produce and sell your product while still making a profit. With a strong business model, you can identify problems and test solutions without a great risk!

Confused on how to start a business or improve the one you have? This free guide and diagram will help you figure it out step by step! Get the crucial information you need to thrive in this uncertain time! https://bit.ly/2wKMj2w

How do I value my business to sell it? 🌐 Learn the ropes of determining your business's worth. From financial metrics to industry benchmarks, we've got the keys to unlock your company's value. 🗝️ Are you in need of help selling your business? You'll need our tool, the TRR. Grab yours below! 🚀 https://lnkd.in/etUdjuUw #VentureCorporateFinance #BusinessValuationTips #BusinessExit

The one goal ALL business owners should have.

Looking to secure funding? Starting up in business? Do you want to know where your business will be in 12 months? Could your business model benefit from a fresh perspective? We have just launched Business Plan Fundamentals—a structured solution to help you develop a comprehensive plan. From defining your business vision and analysing the market to refining your sales messaging and creating financial projections, this tool brings all the essential elements together in one cohesive document. To help you decide if this is right for your business, we’re offering 6 free 30-minute business reviews to qualifying businesses over the next 6 weeks. https://lnkd.in/dwGMMiKg

Every business is a living document, an algorithm that needs to be improved.

Transform your buy-sell agreement from a static document into a dynamic business tool. Regular reviews and updates aren't just good practice - they're essential for long-term success. Position your business for whatever tomorrow brings. https://lnkd.in/gpQquA7g  #BusinessStrategy #StrategicPlanning #BusinessSuccess

Creating systems can be the difference between a $10k business and a $1M+ business. Figuring out where and who to buy from will help you reach those bigger goals. Develop systems that work for you and continue to grow them.

Understanding your ideal customer is crucial for business success. By identifying their characteristics, interests, and financial capacity, you can tailor your offerings to meet their needs effectively. One key aspect is ensuring compatibility between their budget and your pricing structure. During discovery calls, ask direct questions about their budget range and compare it to project costs. This will help you determine if adjustments are possible and if they have the capacity to accommodate them. #IdealCustomer #BudgetCompatibility #TailoredOfferings

Questions are the most under-utilised tool for driving personal and business performance. Asking the right questions is a guaranteed way to boost business success and generate new ideas. The art of asking questions: A key to success in business