Business Model Workout

"Business is simple. Keep it simple and you will become rich."

Friday, June 09, 2006

Key ideas and concepts

The main concept behind the BMW framework (business model workout) is that every business is a money-making machine.

Because every business is a machine, it can and must be understood as a system.

Once it is understood as a system, then perfection is possible.

The closer to perfection a business machine is, the more easily replicable it becomes, and therefore, infinite wealth will be the result.