Summary of the BMC

A business plan is an excellent way to clarify your ideas, present these ideas to potential investors or stakeholders, and establish business guidelines to help you on your journey.

However, some people have a polarized reaction to the BMC. They either love it and find it to be a vastly simpler version of a business plan, or they hate it and think of it as a complex theoretical abstraction that makes for a great workshop exercise, but not a practical tool.

It turns out that there's an interesting variant of the BMC that most people take to with greater ease. We will look at that variant next.