EPISODE E1.007 What Is Your Business Model

RESULTS RADIO..."Let's Grow Together"

Introduction
Hope everyone is looking forward to a great week. We have a few announcements to make about growth of the IBGR Network. 

First, we are doubling the number of new and returning visitors to the site. July was twice June’s numbers and we beat July’s numbers over the weekend.

Second, with the addition of Gambia on Sunday, IBGR is now heard by entrepreneurs in 100 countries. That is 51% of all the countries on the planet. 

Third, we have declared war on Covid19. That is not on the disease itself, just a worse variant of the flu. Our declaration is aimed at those politicians and bureaucrats that are making arbitrary, non-science based decisions on economic activity. People with no skin in the game, collecting checks from our taxes are deciding which business lives or dies. If you do your own research, a stark reality will become apparent - what is happening in your country is not based on science - it is based on power and control.

Check these articles out as reference points:

• Sweden Hits COVID-19 "Triple Whammy": No Lockdowns, Low Deaths & Minimal Economic Damage
• Lockdown Restrictions Are A Test To See How Much Tyranny Americans Will Accept
• THE TRUTH ABOUT COVID19 - DON'T LET THE BUREAUCRATS AND POLITICIANS GIVE YOU A LINE OF BULL.

Put all of this together and we are your advocates against the forces of statism and command economies. We understand entrepreneurs are a different breed that don’t live by the leave of others - why? Because everyone at and associated with the station are entrepreneurs. We are building a network of ideas, insights, and tools that will help you navigate the pandemic and beyond.

JOIN our Community and Let’s Grow Together!
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Show Objectives - The Why
This show is probably more than you need but provides the basis for business building concepts. It is the closest we will get to a college class. - I promise. 

Key Issues - Owner Perspective:

1. What business models and structure fit startups?
2. Is there a logical process for growing  business?

What You Need to Know - The What

• EPISODE A.004 BUSINESS MODELS
• EPISODE A.038 BUSINESS MODELS AND DESIGN
• EPISODE A.005 CORE COMPETENCE

What You Need to Do​​ - The How
Business Model Determines:

1. Essential Functions
   1. Research & Development
   2. Engineering
   3. Logistics
   4. Production
   5. Finance
2. Core Processes
   1. Production
   2. Service
   3. Budgeting
   4. Order Fulfillment
3. Control Methods
   1. Operations Manual
   2. Selection Process
   3. Project Teams - Meetings
   4. Integrated Platform
4. Management Focus
   1. Direct Supervision
   2. Process
   3. Skills
   4. Results
   5. Teams
5. Structure
   1. Simple - entrepreneurial, flat, clear lines of authority; most effective in simple and dynamic environment.
   2. Machine - high levels of work standardization; most effective in simple and stable environment.
   3. Professional - high levels of skill standardization; most effective in complex and stable environment.
   4. Organic - decentralized structure with high skills: most effective in complex and dynamic environment. 

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