Pixie Dust of a Business Model Equation
Pixie Dust = Advantage x Cash Engine x Passionwhere:
Advantage = What is the organization the best in the world at?
Cash Engine = What is the price/cost equation that drives the organization's
cash position?
Passion = What are the organization's core people deeply passionate about?Example: if Advantage is 0, your business model has no pixie dust. You have a model, but it will not work. Same if Passion = 0 or Economic Engine = 0. Your business model generates lots of pixie dust when Advantage is high, Cash Engine is high and Passion is high.
Professor Tony Bailetti, Carleton University, Ottawa, Canada. October 15, 2001.