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Develop your business perspective
a flow chart of the transactions
between a business and its
suppliers or customers. (“We give you X and in return you give
us Y.”)
The EcoSystem Map is my favorite
way to quickly understand
how the business model works. As a visualization, it has
several advantages:
01. It maps the big picture.
02. It guides discussions with business partners.
03. It’s quick to develop and cheap to iterate.
I use the EcoSystem Map with business
partners so they know
that I understand the business model at hand. I’ve also found
that these types of visualizations are something business
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