Building a great business model that aims to scale the enterprise by generating sustainable and consistent profits. Points on how to achieve this:

Scalability business model by testing your hypothesis and experimentation for the business model development process.

Creating an MVP - oversimplified version of our dream output that can be tested directly by the customers. The point is MVP should be practical, simple, alterable, can be used by users, scale up when it’s possible and can generate the data.

Launch MVP fast, alter and/or iterate fast, be passionate about what you build, find the right partners to build your startups that share the equal passion as yours. 

Lean strategy for creating effective MVP: knows your product would be, recruit ur tech guy as ur founding partner, utilise the social media

Build prototype that really low cost but effective to prove the hypothesis of your business models

What’s next after launching the MVP: How to process the feedbacks.

For the investor’s side, what does the product that can be scaled up? Venturing your enterprise is a journey to validate whether your product is a product market fit. So be clear and focus.

As long as you solve people’s pain points, the more you solve, the higher you can charge and the more the customers are willing to pay

Pricing strategy depends on how many problems are solved by your products and the target market for your products.