It’s easy to get lost in the crowded world of business jargon these days. The two terms “business model” and “money-making model” can be perceived as the same and perhaps sometimes they’re also used synonymously.
In this video, Ram Charan, co-author of the bestselling Execution and Confronting Reality, differentiates the terms business model and money-making model by using common examples of street vendors and grocery stores.
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