Tuesday, April 17, 2007

 

Getting the Message

Before going on and on wondering what the term "business model" meant, I should have done my homework. I found the term defined on Wikipedia. Turns out that, even though the term was coined in the 1950s, it didn't see widespread use until the 1990s, so I guess I shouldn't be too hard on myself for not knowing it. It refers to all the how-tos and where-fors and why-ofs and what-ifs of business, not the general notion of selling products and services for a profit. By dropping that post, which, despite its length, I wrote in about fifteen minutes, I did learn one thing: Economists don't read this blog!

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