Platform business model: the most revolutionary innovation idea right now
The platform business model must be considered the most important and revolutionary business model of the last decade or two.
One thing you should know is that I use the word platform business instead of App. But it's the same. I want to make clear that the most successful Apps are platform businesses.
I have covered the platform business model in great, great depth. That means I have covered the most successful Apps and their business models in depth (each of the following is clickable though the formatting may not show it): Google, Facebook, Twitter, Snapchat, Pinterest, Uber, Airbnb, Booking.com, TripAdvisor, Expedia, Groupon, Yelp, Amazon, Amazon Prime TV, Amazon Kindle, Netflix, Complete Guide to the Revolutionary Platform Business Model, and more.
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If you are committed to succeed you can skip the pre-read and go straight to the most valuable resources that I have created for you:
Disruptive innovation is probably one of the few ways that a startup can beat well-established (and well-capitalised) incumbents. The concept of DI has been stated as one of the most significant business management concepts. Clayton Christensen (CC) was ranked 1st Thinkers50 in 2011 and 2013, 2nd in 2015 and 3rd in 2017 (note this list is published only every second year).
But disruptive innovation (DI) is not what many people think. It gets often confused with breakthrough innovation (and other forms of innovation). But its playbook is fundamentally different from that of breakthrough innovation.
We are looking at this essential concept and its fascinating details. We use Airbnb as a real-world example to apply the theory on.
Learn about one of the most important innovation concepts now …
The GFC is widely seen as the birth hour of the Sharing Economy. Now we have covid … a far bigger downturn! Would anyone not agree that it will give the Sharing Economy an even greater boost?
And this time around, it comes at an even more interesting time for the Sharing Economy. After more than 10 years, startups and entrepreneurs are gaining insights into how to make Sharing Economy Apps and business models work.
We are going through the typical questions, challenges and decisions that entrepreneurs and startups face along with typical solutions.
With this, we can design our App & business model across many areas, e.g.: Transportation platforms, Urban mobility platforms, Vehicle / ride sharing, Mobility-as-a-service, Food / goods delivery platforms, Service sharing platforms, Home sharing platforms, Things-on-the-go sharing, Goods sharing, Real estate co-use, Office sharing & services, Co-living, Space sharing, Storage space sharing, Parking space sharing, Remote working platforms.
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Airbnb is one of the most inspiring and revered companies.
Moreover, it is one of the very few startups in the Sharing Economy space that is successful.
We are looking at their business model to understand why that is the case.
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Uber is one of the most prominent platform businesses. They are admired by innovators & entrepreneurs (and not so much by some others).
And Uber is a great example of what I have been saying for a long time: that the most successful Apps are not (just) Apps. They are the front-end to a great business model!
This is an MBA-level article for Startups & entrepreneurs on how to create a successful App and its business model.
People who don’t realise that the best apps are underpinned by a great business model run the risk of wasting years developing an App that has no chance to succeed. Others compile pitch decks that have little chances to be rewarded if there is no backing data on the business model
This is must-know knowledge for entrepreneurs and Startups.