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Business-model

Essential business-model terms every founder should know

9 terms

Freemium

A business model offering basic services for free while charging for premium features.

pricing
saas
business-model
+2

Jobs to be Done

A framework for understanding customer motivations based on what they are trying to accomplish.

product-development
customer-research
innovation
+2

Lean Startup

A methodology for developing businesses through rapid experimentation and validated learning.

methodology
mvp
validation
+2

Niche

A specialized segment of a market targeted by a business focusing on specific customer needs.

market-segmentation
targeting
positioning
+2

Retention

The ability of a business to keep customers, users, or employees over time.

metrics
customer-success
churn
+2

SaaS

Software as a Service - a software delivery model where applications are hosted centrally and accessed via subscription.

subscription
cloud-computing
software-delivery
+2

X-Factor

The unique, hard-to-replicate advantage that sets a business apart from competitors.

competitive-advantage
differentiation
unique-value
+2

Year-over-Year (YoY)

A comparison method that measures business performance by comparing the same period across different years.

metrics
growth-rate
performance-measurement
+2

Zero to One

Creating something entirely new rather than copying what already exists - moving from nothing to something unique.

innovation
entrepreneurship
competitive-advantage
+2