The last 5 weeks we focused on the core business model to build an idiot proof business - the network effect. We covered all of the individual elements - which entailed many tactical conversations.
This week shows moves to the second core part of building a business that will survive the next pandemic, depression, etc., whatever the government geniuses sends us next. How to combine the Outsourcing of non-core functions with an Alliance and build a bigger and better offer - the Keiretsu!
EPISODE 41: WHAT IS A KEIRETSU?
Keiretsu is a Japanese term referring to a business network made up of different companies, including manufacturers, supply chain partners, distributors, and occasionally financiers. They work together, have close relationships, and sometimes take small equity stakes in each other, all the while remaining operationally independent....Investopedia
EPISODE 42: HORIZONTAL KEIRETSU
A horizontal keiretsu is characterized by an alliance of different companies from various sectors, including a bank. The funding source is the centerpiece of the network and is responsible for providing the other companies with financial services.
EPISODE 43: VERTICAL KEIRETSU
A vertical keiretsu refers to manufacturers, suppliers, and distributors partnering up. With a common goal, they work together to cut costs and become more efficient. Vertical keiretsu's are a group of companies within the horizontal keiretsu.
EPISODE 44: WHERE TO START
"The World Of Business At Your Finger Tips"
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