What is a Minimalist Business Part V – Profitable Business Model

Make sure your business model is profitable. You would think this would go without saying, but it doesn’t.  A profitable business model is laser focused on providing predictable clear value to a defined group of eager people.

The reality we are working in is that times are tough. People are struggling and they don’t part with their money easily. As business owners, our response is to pile on the value. We believe in what we do and we believe that if only people try it, they will get the benefit. In doing this we forget that not everyone wants the same value, so we give everyone the works and we lose sight of the cost to us. That’s how a business model gets bloated.

Stay focused on providing the benefits that your select group of business owners value.

Your business can be this simple. Stay tuned for a deeper discussion in Part VI.

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