Well-defined business model key for Māori tech startup success
OPINION: For aspiring entrepreneurs, developing an understanding of business models is not the most challenging task. But Māori are disproportionately under-represented in this group.
Building a culture of innovation requires a well-defined business model.
The five elements of successful tech startups should include, a developed product idea, strong leadership, a well-defined business model, access to capital and accurate timing.
The focus in this column is on business model and capital. Last week, columnist Guy Royal raised the findings from the
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