Investors speak about business models all the time, but there’s rarely someone who stops and defines what a business model is. Definitions are never easy but, without a definition, the most likely thing is that everyone will be talking about different things. Fortunately for us, Clayton Christensen defined the fundamentals of what makes up for a business model. In this article, we’ll go over these and add a bit of depth, leveraging Mauboussin’s research articles.
Thanks my friend!