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Module 06 · The demo day pitch~12s dwell · weight 6

Business model

State how the company makes money in one sentence, with one unit economics number that shows the model works.

Kawasaki's 10/20/30 rule allots a single slide to business model; on a 3-minute stage clock this compresses to roughly 10-15 seconds, just enough for a pricing sentence and a unit economics number.

Include
  • Pricing mechanism (per seat, per transaction, percentage fee)
  • One unit economics number (margin, take rate, or LTV:CAC)
  • How revenue scales with usage
Cut
  • A full pricing tier table
  • Hypothetical future revenue lines not yet live
  • Comparisons to other companies' business models
Red flags a reader notices
  • No pricing number is stated at all
  • The monetization plan is 'we'll figure it out after we have users'
  • The unit economics number contradicts the market size math from slide 2
Pitfalls behind them
  • Describing the business model in the passive voice with no numbers
  • Mixing up gross margin with revenue
  • Spending stage time on future pricing experiments instead of the current model
60-second self-test
  • · Can I state my pricing mechanism and one margin number in a single breath?
  • · Does this model match the market-size math I already showed?
Template
We charge [pricing mechanism], at [margin/take rate], which scales with [usage driver].
Weak

"We monetize through a scalable, robust revenue model with multiple streams."

Strong

"Nimbus Payroll charges $8 per contractor payment, a 71% gross margin, and revenue scales directly with each customer's headcount."

One pricing number, one margin number, one scaling driver, said in a single sentence.

Quick quiz

1. What is the minimum an investor needs from the business model slide?
  • A five-year pricing roadmap
  • The pricing mechanism and one unit economics number
  • A comparison to three competitors' pricing
  • A breakdown of every cost center

In a single-slide, 10-15 second window, only the pricing mechanism and one proof-of-margin number fit.

2. Which business model statement is strongest?
  • We have a robust, multi-pronged monetization strategy.
  • We plan to monetize once we reach scale.
  • We charge $8 per contractor payment at a 71% gross margin.
  • Our pricing is competitive with industry standards.

It states the exact price, the unit it's charged on, and the margin.

Sources