The Entrepreneur Forum | Startups | Entrepreneurship | Starting a Business | Motivation | Success

Business models and the importance of adapting to market shifts

Remove ads while supporting the Unscripted philosophy...become an INSIDER.

Bryan James

Bronze Contributor
I've Read UNSCRIPTED
Speedway Pass
Jul 1, 2018
205
355
186
Texas, USA
I really like the point that MJ has stated in which a set business model is useless because the market itself will give your business feedback on what your changing business model should actually be.
The reason I like this concept so much, other than the fact that it's true, is because it is a direct parallel to the concept of survival of the fittest. When Darwin stated survival of the "fittest" he was not referring to the strongest or biggest or even the smartest. When he said "fittest" he was referring to the species or entity most likely to adapt to a constantly changing environment.
I like to see this in the light of businesses and the marketplace. A business that survives and grows is a business that adapts to the constantly changing environment of the marketplace.
Keep that in mind all ye business owners and entrepreneurs.
 

Don't like ads? Remove them while supporting the forum. Subscribe.

ClaverCasley

Bronze Contributor
Read Millionaire Fastlane
I've Read UNSCRIPTED
Sep 6, 2017
78
147
129
25
Malaysia
I agree. Picked up Business Model Generation a month ago. You just gave me the right conclusion.
 

Create an account or login to comment

You must be a member in order to leave a comment

Create account

Create an account on our community. It's easy!

Log in

Already have an account? Log in here.

Sponsored Offers

  • Sticky
MARKETPLACE Lex DeVille's - Advanced Freelance Udemy Courses!
Just bought 5 of your Upwork courses. Thanks for making valuable content Lex!
  • Sticky
MARKETPLACE Kill Bigger Incubator
I've just concluded my program with Kyle. The incubator gave me what I wanted. Now, working on a...
  • Sticky
MARKETPLACE Fox's Web Design Guide: Earn $100K this year (Yes, 2020!) and Go Fastlane
Thanks for the detailed response. I see it similar, in the beginning, you have only a small...
  • Sticky
MARKETPLACE Grow Your Business With a Book (An Unorthodox Marketing Strategy That Built One of the Largest...
Thanks for your offer to look at my book. Here's the link to the squeeze page Buy The Prosperous...
  • Sticky
MARKETPLACE You Are One Call Away From Living Your Dream Life - LightHouse’s Accountability Program ⚡
The day I can afford to pay 800 a month to have someone keep me accountable is the day I've won...



Forum Sponsor

sponsor

New Topics

Fastlane Insiders

View the forum AD FREE.
Private, unindexed content
Detailed process/execution threads
Monthly conference calls with doers
Ideas needing execution, more!

Join Fastlane Insiders.

Top Bottom