Lifelong Learning (on Business Models)
This article is part of a content series on the topic of "Digital Business Models" that I created for a course at the Vorarlberg University of Applied Sciences.
Well, well, well... the physical on-site course is over, but the virtual part of this blended experience is far from over! 🔥
No, just kidding, we'll soon also have completed the virtual part 😅🤷♂️ BUT as they say these days, we are in a time of lifelong learning. In this respect, I would like to initiate this process with regard to business models 👀 Especially when it comes to business models, it is important to stay ahead of the curve, because emerging technologies, changing customer behaviors, and “new” problems are constantly changing the landscape. Therefore, I would like to share a few sources with you that I really appreciate and whose content I enjoy absorbing:
Lex Fridman hosts a podcast that, while not specifically focused on digital business models, often intersects with related themes through discussions on emerging technologies and trends. His podcast features conversations with interesting figures such as Jeff Bezos, Sam Altman and Mark Zuckerberg, making it a valuable resource for anyone interested in the broader implications of digital innovation on business. The insights offered by such influential speakers can provide a better understanding of how new technologies might shape or disrupt existing business models.
Reid Hoffman, the founder of LinkedIn and a prominent investor, hosts the "Masters of Scale" podcast, where he leverages his extensive network of contacts among the world's most influential founders and thought leaders. In his podcast, Hoffman explores how some of the most successful startups were conceived and developed. Many episodes provide deep insights into the evolution of their business models, offering valuable lessons on scaling businesses effectively from those who have navigated this journey firsthand. This podcast is an excellent resource for understanding the dynamics and strategies behind starting and scaling different business models.
The MIT Technology Review offers a comprehensive suite of newsletters that are invaluable for staying informed about emerging technologies and relevant stakeholders in this field. Among these, "The Download" stands out as a particularly noteworthy resource. This newsletter delivers concise, expertly curated insights into the latest developments in technology, helping readers grasp the significance and implications of new innovations. For anyone interested in the cutting-edge of tech, "The Download" provides a reliable and informative snapshot of what's happening in the field.
Crunchbase (and Dealroom) are serving as an interesting resource for tracking investment trends, in line with the motto “follow the money”. These platforms document funding rounds, acquisitions and financial movements within the startup ecosystem. By analyzing where investors are placing their bets, Crunchbase and Dealroom provide insights into emerging business models and potential shifts in the market landscape. This information can be helpful in predicting future trends and provides clues about “new” types of business models, making Crunchbase and Dealroom a good tool for anyone who wants to know where the (business) world is heading next.
And then, saving the best for last, there's this fantastic newsletter called MadeMeThink 😅😅😅 All joking aside, take a look at the sources above... and if you still haven't had enough, feel free to contact me for more content!
Last but not least, in addition to these content sources, conferences also offer interesting opportunities for gaining a better insight into “new” business models. There are several notable conferences taking place in Europe that I can highly recommend, such as the WebSummit, Slush or the nearby Start Summit in St. Gallen. These events bring together thought leaders, entrepreneurs and innovators from various industries and offer attendees a front row seat to learn about the latest trends and emerging business models. They provide great networking opportunities and insights that can enhance one’s understanding of relevant developments.
Disclaimer: The thoughts published in this publication are my personal opinion and should not be considered as investment advice or a recommendation for any type of action. I am not a financial expert. The startups, organizations or corporates highlighted in this publication have caught my interest. This mention is not an endorsement or recommendation to engage with them. Readers should always do their own research.