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Passion Framework Research

Startup Business Models

Title: Startup Business Models

Abstract: 

Most of startups fail due to no business model or divergent models not arriving at any monetization opportunities. The present paper focuses on research of successful entrepreneur business models vs one's which fail in both IT and Non-IT interventions scenario. It addresses the requirements of offshoring or outsourced models to minimize costs for various themes in which investor's have funded startups. The research would be to validate the success of business canvas model or any other value added dimensions can be included within the same or extended. It would also help understand critical cost parameters which impact pricing competitiveness for product internationalization. All key dimensions of PASSION framework and its impact to business models will be studied to bring out vital parameters needed to strengthen the business model. The outcome of research would be the prediction model for success of business canvases developed by startups.

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