4 Upcoming Trends for Business Models
All business models go stale over time. Just look at Blockbuster, TCBY, Encyclopedia Britannica, IBM, Kmart and many more that have been forced to change their business models. In the case of IBM, they have very successfully modified and morphed their business model and stayed ahead of problems.
For many other companies mentioned, they were slow to change their model and the consequences were significant. Below you can find links to the four biggest trends in small business models. Ignore them at your own risk!
Business Model Trend #1: Flexible Business Models
Business Model Trend #2: Stakeholder Transparency
Business Model Trend #3: Creating Recurring Revenue
Business Model Trend #4: Too Few Geniuses, Too Many Drones