Bringing Joy and Fulfilment to Leadership: Building a Strong Business Model
At MyBigSky, we believe leadership should be an inspiring and fulfilling journey. A key part of that journey is building a business model that not only drives success but also brings joy to you and your team. A well-structured business model creates clarity, direction, and purpose—allowing you to lead with confidence and innovation.
What Is a Business Model?
A business model defines how your organisation creates, delivers, and captures value. It’s the blueprint for serving customers, generating revenue, and sustaining growth. But a great business model isn’t just about profit—it should also align with your purpose, energise your team, and support long-term success.
✅ Example: Imagine a boutique coffee shop that differentiates itself by sourcing ethically produced beans and creating a vibrant community space. Their business model combines premium quality with ethical sourcing and an engaging customer experience, driving financial success and brand loyalty.
Video: Insights from Glen Daly
In this video, Glen Daly discusses Unlocking Business Success: The 9 Vital Components. Whether you’re refining an existing model or building from the ground up, Glen shares practical strategies to help you align, adapt, and grow with confidence.
Audit Your Business Model
A regular review ensures your business model remains fit for purpose. Ask yourself:
🔹 Value Proposition: Are we solving the right problems for our customers? 🔹 Revenue Streams: Are we maximising income opportunities? 🔹 Operational Efficiency: Where can we improve processes? 🔹 Customer Relationships: Are we engaging effectively with our audience?
Assessing these factors provides a clear picture of current performance and areas needing attention. An audit helps identify inefficiencies, uncover opportunities for expansion, and ensure alignment with market demands. It involves reviewing financial reports, customer feedback, and competitive positioning.
By staying proactive, you ensure your business model continues to support your long-term vision while driving meaningful success.
Prioritise Areas for Improvement
Once you’ve identified gaps, prioritise the areas that need attention:
✔ Immediate Actions: Address pressing issues (e.g., declining customer engagement). ✔ Long-Term Goals: Plan for sustainable growth (e.g., expanding into new markets). ✔ High-Impact Areas: Focus on changes that deliver the biggest results.
Not all improvements carry the same weight. Prioritising the most urgent and impactful changes ensures your business stays strong and adaptable without overstretching resources.
Identify Critical Areas for Innovation
🚀 Innovation is key to keeping your business model fresh and competitive. Look for ways to:
✅ Introduce new products or services. ✅ Enhance customer experience with better engagement. ✅ Leverage technology to improve efficiency.
Innovation doesn’t always mean reinventing the wheel—it could be a small tweak that makes a big difference. Think about how Tesla changed the car industry, not just with electric vehicles but with a direct-to-consumer sales model that bypasses dealerships.
Key Takeaways
✔ A business model is the foundation of success—regularly assess and refine it. ✔ Prioritise the areas that need improvement for maximum impact. ✔ Innovation keeps your business model fresh and relevant.
A well-crafted business model brings clarity, direction, and joy to leadership. By continuously refining your approach, you create a thriving organisation that benefits both you and your customers.
At MyBigSky, we help leaders build businesses that are not just successful but also fulfilling. Let’s shape the future—together! 🚀
Unlock Your Leadership Potential
Take our free, 2-minute self-assessment and discover how aligned your leadership is with joy, fulfillment, and high performance.
At MyBigSky, we believe leadership should be an inspiring and fulfilling journey. A key part of that journey is building a business model that not only drives success but also brings joy to you and your team. A well-structured business model creates clarity, direction, and purpose—allowing you to lead with confidence and innovation.
What Is a Business Model?
A business model defines how your organisation creates, delivers, and captures value. It’s the blueprint for serving customers, generating revenue, and sustaining growth. But a great business model isn’t just about profit—it should also align with your purpose, energise your team, and support long-term success.
✅ Example: Imagine a boutique coffee shop that differentiates itself by sourcing ethically produced beans and creating a vibrant community space. Their business model combines premium quality with ethical sourcing and an engaging customer experience, driving financial success and brand loyalty.
Video: Insights from Glen Daly
In this video, Glen Daly discusses Unlocking Business Success: The 9 Vital Components. Whether you’re refining an existing model or building from the ground up, Glen shares practical strategies to help you align, adapt, and grow with confidence.
Audit Your Business Model
A regular review ensures your business model remains fit for purpose. Ask yourself:
🔹 Value Proposition: Are we solving the right problems for our customers?
🔹 Revenue Streams: Are we maximising income opportunities?
🔹 Operational Efficiency: Where can we improve processes?
🔹 Customer Relationships: Are we engaging effectively with our audience?
Assessing these factors provides a clear picture of current performance and areas needing attention. An audit helps identify inefficiencies, uncover opportunities for expansion, and ensure alignment with market demands. It involves reviewing financial reports, customer feedback, and competitive positioning.
By staying proactive, you ensure your business model continues to support your long-term vision while driving meaningful success.
Prioritise Areas for Improvement
Once you’ve identified gaps, prioritise the areas that need attention:
✔ Immediate Actions: Address pressing issues (e.g., declining customer engagement).
✔ Long-Term Goals: Plan for sustainable growth (e.g., expanding into new markets).
✔ High-Impact Areas: Focus on changes that deliver the biggest results.
Not all improvements carry the same weight. Prioritising the most urgent and impactful changes ensures your business stays strong and adaptable without overstretching resources.
Identify Critical Areas for Innovation
🚀 Innovation is key to keeping your business model fresh and competitive. Look for ways to:
✅ Introduce new products or services.
✅ Enhance customer experience with better engagement.
✅ Leverage technology to improve efficiency.
Innovation doesn’t always mean reinventing the wheel—it could be a small tweak that makes a big difference. Think about how Tesla changed the car industry, not just with electric vehicles but with a direct-to-consumer sales model that bypasses dealerships.
Key Takeaways
✔ A business model is the foundation of success—regularly assess and refine it.
✔ Prioritise the areas that need improvement for maximum impact.
✔ Innovation keeps your business model fresh and relevant.
A well-crafted business model brings clarity, direction, and joy to leadership. By continuously refining your approach, you create a thriving organisation that benefits both you and your customers.
At MyBigSky, we help leaders build businesses that are not just successful but also fulfilling. Let’s shape the future—together! 🚀