Startup Grind Sacramento will be hosting a free virtual workshop featuring Right Box Founder, Josh David Miller (JDM) who will discuss how startups can design a strong business model.

No one invests in weak business models, and no successful business is built on one.

And yet most early-stage startups and small businesses have generally terrible foundations that go on to plague them in later stages. Without a crystal-clear understanding of how your company meets the four basic components of any business model, you’re doomed to fail.

Suboptimal business models sink your chances of:

-Raising money

-Getting customers

-Turning a profit

-Scaling your company

-And more!

In this talk, JDM — aka Josh David Miller, aka “the shredder of business models” — will walk through the process of generating the best possible business model hypotheses for early-stage startups, using design thinking.

Some of the things we’ll talk about in this workshop include:

-What a business model is (technically);

-How to succinctly pitch yours;

-Common areas of weakness in startup business models;

-What investors look for in a business model; and

-How to turn unknowns into experiments and experiments into data.

Most importantly, JDM’s going to show you the tools he uses to:

1. Find the weakest part of your business model;

2. Turn it into a question; and

3. Develop a path to fix it.

Who’s this talk for?

This talk is geared toward the founders of companies who have not yet achieved product-market fit. You could be:

-A solo founder with nothing but an idea looking to get started;

-A founding team with a product and revenue looking to scale;

-And everyone in between.

So, what do you say? Let’s talk business models!