Career change in the Greek Labor Market (episode 07)
Focusing on: Services / Products Offered and the Business Model.
In this series of episodes (blog-posts) some things are in order and some are not (meaning logical order). We talked in the last episode about digital presence and digital marketing and promotions.
These promotions refer to something, a product, a service, that the individual professional or company is offering.
What are those? You have to research them, define them, design them and present them accordingly.
Of course, being able to offer “what you preach” you have to build the proper business model for you.
A business model that has specific processes and procedures that simulate what you want to achieve and you exactly want to offer.
There must be a supporting concept and structure that will help you apply all actions necessary, to offer what you wish, and keep potential customers happy.
That set of processes along with other related intangible assets, create what we call a “Business Model” or Business Operating Model.
Business Models: My Experience
In my 22+ years of working experience and business acumen, I have “met” quite many theories and concepts about business modelling, yet only two (2) of them stood out in my head.
A) BMY – Business Model You (by Tim Clark)
B) The Business System Pyramid (by Robert Kiyosaki)
Let’s take a short look at them, and we will be discussing about them in future episodes also.
BMY – Business Model You (by Tim Clark)
“Business Model You” (BMY) is a one-page framework for personal career development, adapted from the business Business Model Canvas, that helps individuals visualize and understand their work life in terms of creating, delivering, and capturing value. It encourages people to treat their career like a business by mapping out their strengths, talents, and goals on a canvas, allowing for reflection, revision, and action to build a career based on interests and personality.

How it works:
Visual Canvas:
The core of the BMY is a one-page canvas with nine key elements adapted from the Business Model Canvas.
Career as a Business:
The framework helps you see your work through the lens of a business, focusing on your value proposition, customers, resources, and costs.
Structured Reflection:
By drawing your personal business model, you can identify your key activities, the customers you serve, the value you provide, and how you earn income.
Personal Development:
The process of creating and refining your BMY allows for introspection, helping you to clarify professional goals, identify new opportunities, and improve self-awareness.
Key Benefits:
Clarity:
Provides a clear, visual understanding of your career context.
Goal Setting:
Helps in defining and aligning your professional goals with your strengths and interests.
Opportunity Identification:
Facilitates the exploration of new career paths and personal development opportunities.
Action-Oriented:
Moves beyond just reflection by guiding you to take concrete actions to build a more fulfilling career.
In essence, Business Model You offers a powerful tool for anyone looking to reinvent their career by applying structured business thinking to their personal work life.
The Business System Pyramid ( B-I Triangle by Robert Kiyosaki)
B-I Triangle: How To Start a Business Better
“It’s not about how much money you make, but how much money you keep, how hard it works for you, and how many generations you keep it for.” — Robert Kiyosaki
When it comes to entrepreneurial success, few models are as insightful and practical as Robert Kiyosaki’s B-I (Business and Investor) Triangle.
The B-I Triangle is not just a theoretical framework; but also a blueprint for starting, managing, and growing a successful business.
What Do the “B” and “I” Stand for in the B-I Triangle?
In Robert Kiyosaki’s B-I Triangle, the “B” stands for “Business Owner,” and the “I” stands for “Investor.”
These terms are key components of Kiyosaki’s Cashflow Quadrant, which is a concept that categorizes the different ways individuals can generate income.
The Business Owner and Investor quadrants represent two pathways to financial independence and wealth creation:
Business Owner (B): Individuals in this quadrant create and own systems and businesses that can operate independently of their constant involvement. They focus on building enterprises where the system and other people work for them.
Investor (I): People in this quadrant allocate their money into various investments with the goal of generating passive income and achieving financial growth. Investors let their money work for them, seeking returns through vehicles like stocks, bonds, real estate, and other investment opportunities.

The B-I Triangle and its 8 Components
Mission: At the top of the triangle, the mission is the fundamental purpose and vision of the business. It’s about what the business aims to achieve and why it exists. This is akin to setting a clear and compelling goal, providing direction and motivation.
Team: This component emphasizes the importance of having a competent and cohesive team. It’s about assembling a group of individuals with diverse skills and expertise who can work together effectively towards the business’s mission.
Leadership: Effective leadership is crucial for guiding the team and the business towards success. It involves making strategic decisions, inspiring the team, and navigating challenges.
Product: The Product component of the B-I Triangle refers to the actual goods or services that the business offers. It’s about ensuring that the products or services are high-quality, meet market needs, and provide value to customers. This involves innovation, product development, and a deep understanding of customer demands and industry trends. The success of the products directly impacts the business’s reputation, profitability, and long-term sustainability.
Legal: This aspect covers the legal structure and compliance of the business. It’s about protecting the business and ensuring it operates within the legal framework.
Systems: These are the processes and procedures that make the business run efficiently. Well-designed systems ensure consistency, quality, and scalability.
Communication: Effective communication is essential for both internal operations and external relations. It’s about clearly conveying ideas, values, and objectives within the team and to customers, investors, and other stakeholders.
Cash Flow: This is about managing the business’s finances effectively. It includes understanding and controlling where the money comes from and where it goes, ensuring the business remains financially healthy.
My personal opinion is that the two concepts above can be combined for the best possible result, though, both concepts are robust and can lead to an end result of building a minimum viable business operating model.
My best regards
IV