<aside> <img src="https://prod-files-secure.s3.us-west-2.amazonaws.com/875e5e04-b58c-441f-850b-bed049da73a4/56853e09-92b2-4490-accb-d3618d94cc14/Info.svg" alt="https://prod-files-secure.s3.us-west-2.amazonaws.com/875e5e04-b58c-441f-850b-bed049da73a4/56853e09-92b2-4490-accb-d3618d94cc14/Info.svg" width="40px" /> Start by defining your Business Purpose Below. It's important because without a clear purpose, how will we know if a model is good or not?

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Business purpose: e.g., To earn a passive income from home

<aside> <img src="https://prod-files-secure.s3.us-west-2.amazonaws.com/875e5e04-b58c-441f-850b-bed049da73a4/af0b2ba2-20b1-4161-9e99-3fd394874102/Tip.svg" alt="https://prod-files-secure.s3.us-west-2.amazonaws.com/875e5e04-b58c-441f-850b-bed049da73a4/af0b2ba2-20b1-4161-9e99-3fd394874102/Tip.svg" width="40px" /> When you have more than 1 Customer Segments, it's helpful to give each segment a different color and use that color to refer to that segment, as the example below.

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P.S. follow the numbers.

8. 🤝 Key Partners

<aside> <img src="https://prod-files-secure.s3.us-west-2.amazonaws.com/875e5e04-b58c-441f-850b-bed049da73a4/ed9b5f65-e8e3-4f07-a461-86501c85b92d/Tip.svg" alt="https://prod-files-secure.s3.us-west-2.amazonaws.com/875e5e04-b58c-441f-850b-bed049da73a4/ed9b5f65-e8e3-4f07-a461-86501c85b92d/Tip.svg" width="40px" /> Who are the key partners and suppliers needed to make the business model work?

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• Drivers who own cars
• Payment processor
• Mapping data providers
• Local authorities

6. ✅ Key Activities

<aside> <img src="https://prod-files-secure.s3.us-west-2.amazonaws.com/875e5e04-b58c-441f-850b-bed049da73a4/e4a0f8c7-750d-4f9c-b345-4d177d70b912/Tip.svg" alt="https://prod-files-secure.s3.us-west-2.amazonaws.com/875e5e04-b58c-441f-850b-bed049da73a4/e4a0f8c7-750d-4f9c-b345-4d177d70b912/Tip.svg" width="40px" /> What are the most important activities required to make the business model work?

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• Platform & a logo development
• Marketing to balance supply and demand
• Driver onboarding

7. 🧰 Key Resources

<aside> <img src="https://prod-files-secure.s3.us-west-2.amazonaws.com/875e5e04-b58c-441f-850b-bed049da73a4/e0ca4249-9edc-4772-800b-10c6b0cd6862/Tip.svg" alt="https://prod-files-secure.s3.us-west-2.amazonaws.com/875e5e04-b58c-441f-850b-bed049da73a4/e0ca4249-9edc-4772-800b-10c6b0cd6862/Tip.svg" width="40px" /> What are the most important assets required to make the business model work?

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• Uber platform
• Pricing algorithm
• Routing algorithm

1. 🎁 Value Proposition

<aside> <img src="https://prod-files-secure.s3.us-west-2.amazonaws.com/875e5e04-b58c-441f-850b-bed049da73a4/a2376af7-119c-479e-84b5-78f47c9385cb/Tip.svg" alt="https://prod-files-secure.s3.us-west-2.amazonaws.com/875e5e04-b58c-441f-850b-bed049da73a4/a2376af7-119c-479e-84b5-78f47c9385cb/Tip.svg" width="40px" /> What are the problems that we are trying to solve for our customer segments?

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• All Services in one app, which allows you to find a safe ride 24/7/365
• Work on your own schedule and revenue, navigate the route through the App

4. ♥️ Customer Relationship

<aside> <img src="https://prod-files-secure.s3.us-west-2.amazonaws.com/875e5e04-b58c-441f-850b-bed049da73a4/d22f3522-7399-4d11-9420-305fe0a818a8/Tip.svg" alt="https://prod-files-secure.s3.us-west-2.amazonaws.com/875e5e04-b58c-441f-850b-bed049da73a4/d22f3522-7399-4d11-9420-305fe0a818a8/Tip.svg" width="40px" /> How do we get, keep & grow our customers?

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• Get
• Keep
• Grow

3. 📢 Channels

<aside> <img src="https://prod-files-secure.s3.us-west-2.amazonaws.com/875e5e04-b58c-441f-850b-bed049da73a4/5d3495c8-90e8-40e4-a761-85a39807b830/Tip.svg" alt="https://prod-files-secure.s3.us-west-2.amazonaws.com/875e5e04-b58c-441f-850b-bed049da73a4/5d3495c8-90e8-40e4-a761-85a39807b830/Tip.svg" width="40px" /> How do we reach our customers and let them know about our solution?

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• Mobile app
• Word of mouth
• Social media marketing
• P.R.
• User referrals

2. 👥 Customer Segments

<aside> <img src="https://prod-files-secure.s3.us-west-2.amazonaws.com/875e5e04-b58c-441f-850b-bed049da73a4/74a1c56f-2018-4d8e-a8fd-0f166d86f996/Tip.svg" alt="https://prod-files-secure.s3.us-west-2.amazonaws.com/875e5e04-b58c-441f-850b-bed049da73a4/74a1c56f-2018-4d8e-a8fd-0f166d86f996/Tip.svg" width="40px" /> Who are our customers, and why would they use our solution?

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• Passengers
• Drivers

9. 💸 Cost Structure

<aside> <img src="https://prod-files-secure.s3.us-west-2.amazonaws.com/875e5e04-b58c-441f-850b-bed049da73a4/612031ec-f369-4e57-95de-b54b6f8761c5/Tip.svg" alt="https://prod-files-secure.s3.us-west-2.amazonaws.com/875e5e04-b58c-441f-850b-bed049da73a4/612031ec-f369-4e57-95de-b54b6f8761c5/Tip.svg" width="40px" /> What are the costs to operate the business model?

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• Product Development
• Marketing expenses
• Salaries

5. 💰 Revenue Streams

<aside> <img src="https://prod-files-secure.s3.us-west-2.amazonaws.com/875e5e04-b58c-441f-850b-bed049da73a4/f434d63b-801b-4bc1-86a4-a211841c1948/Tip.svg" alt="https://prod-files-secure.s3.us-west-2.amazonaws.com/875e5e04-b58c-441f-850b-bed049da73a4/f434d63b-801b-4bc1-86a4-a211841c1948/Tip.svg" width="40px" /> How do we make money from our solution?

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• 25% of the pay for each ride
• Revenue stream 2
• Revenue stream 3

📚 Helpful Resources

• Explanatory video by The Business Channel
• Excellent blog post guide by Isaac Jeffries

<aside> <img src="https://prod-files-secure.s3.us-west-2.amazonaws.com/875e5e04-b58c-441f-850b-bed049da73a4/036c082d-c18d-40df-b6ae-e20f611ef86a/Note.svg" alt="https://prod-files-secure.s3.us-west-2.amazonaws.com/875e5e04-b58c-441f-850b-bed049da73a4/036c082d-c18d-40df-b6ae-e20f611ef86a/Note.svg" width="40px" /> If you need help filling your Business Model Canvas, D.M. me, and let's have a chat!

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