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Details about a business model

canadiangal

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Hey guys, it's been a long time. I do read on the forum but have been busy with my own things.
Have a question for you, smart people.
How do you find out about a company's business model? I mean, if you need to know the little details of a company that does something similar to what you are planning to start, is there a way to know the small little details, their business processes, their ways of making money, paying employees?
I am wondering if paying the big bucks to someone to write down a business plan for you would make them do all those researches or they will just make a pretty document from what you tell them?
looking at the business website won't work, I have done that already. I am looking for things they dont in the back end, the office, ect, not what they want their customers to see.
I thought of calling a similar business and just asking, let's say a company in a different country if you can get the contact number(???). Been very confused for many weeks on linking the small dots, although I've got the bigger picture already.
Does having a business coach add value to your business? 17,000$ for one year and you only speak to them once a week, and they are not necessarily specialized in your industry.
Has anyone used a business coach before? a marketing coach maybe?
Any idea?
 
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MJ DeMarco

I followed the science; all I found was money.
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How do you find out about a company's business model? I mean, if you need to know the little details of a company that does something similar to what you are planning to start, is there a way to know the small little details, their business processes, their ways of making money, paying employees?

Become their customer. See how they interact with you. Expose their weaknesses. Find out what you don't like and improve it. The best way to get a view of the inner-workings is to become their customer and improve on every step in that process ... and obviously the second best option, is to become their employee.
 

canadiangal

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Jul 29, 2011
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Thanks MJ,
I guess I can learn a thing or two by being their customer, then I can talk to one of their employees.
Thanks for the tip.
 

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