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Building a Million Dollar Business Part Time #14: How to Do a Business Model

 

The Hot Mommas Project has no business model.  Is that wrong?  Okay, maybe that is not totally true.  We have 5 out of 6 parts of a business model.  The clincher: We’re missing the economics.  So, to rationalize this – I have decided there are two primary ways to look at business models.  This can be summarized as:
A. What I teach my students at GW.
B. The “Because it would be cool” theory.
Image: The Hot Mommas Project is making CLOGS, but not the kind you think.
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