7 Actionable Steps to Craft a Lean Business Model

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Having big dreams -- like running your own business or turning your idea into a company that can change the world -- is pretty ambitious. And it's only possible if you build your startup on top of a solid business model.

Let’s face the facts. You may think you have a clear business plan and a great business idea, but in reality, you have a bunch of hypotheses. You can waste your time with an old business modeling approach -- write a lengthy document and include lots of charts and data in it -- or you can begin your entrepreneurship journey in a more professional manner and use business model canvas.


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How is it cheaper for Google to buy Groupon than internally build something like it?

 May be covered in some answers already by some fantastic answers.Just elucidating instead of replying on each of the posts. Though I may have my own personal reservations on the business model per se, they have been able to achieve something
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