Discussion 5

 Business  model is one of those terms of art that were central to the Internet  boom; it glorified all manner of half-baked plans. All it really meant  was how you planned to make money. The business model for Microsoft, for  instance, was to sell software for 120 bucks a pop that cost fifty  cents to manufacture. The business model for Healtheon was to add a few  pennies to every bill or order or request that emanated from a doctor’s  office. The business model for Netscape was a work in progress; no one  really ever did figure out how to make money from Netscape; in its brief  life Netscape had lost money. The business model of most Internet  companies was to attract huge crowds of people to a Web site, and then  sell others the chance to advertise products to the crowds. It was still  not clear that the model made sense.” – Michael Lewis

Take a moment to reflect on the above quote before answering the following questions:

(1)     What is your business model?

(2)     Why does your business model make sense?  Why do you believe it will work?

Discussion  Posts:  There is no length requirement to each post answer.  The only  requirement is that each post must fully answer/address the question or  provide the information that is being requested.  Each post must be  written using complete sentences and proper grammar.  All answers must  be supported; no partial credit will be given for questions that are not  completely answered.  Points will be deducted for grammatical errors  and incomplete sentences.