Business Model Innovation

BMi: Airbnb + The Experience Economy

airbnb trips

Airbnb recently launched their new ‘Experiences’ that will enable guests to book authentic experiences with local hosts from their mobile phone.  Experiences are part of Airbnb’s new mission to create Trips that enable travelers to break out of the ‘tourist box’ they are put into by most tourism operators. “With Airbnb […]

Read More

BMi: The 4th Industrial Revolution


  World Economic Forum ‘We are now in the early stages of the Fourth Industrial Revolution which is bringing together digital, physical and biological systems.”   The world is about to go through the greatest transformation in its history. The Digital Economy According to a recent report by Accenture, ‘the […]

Read More

BMi: Airbnb + The Social Business Model


Over the last couple years, Airbnb has become a household name in many countries worldwide and the darling of the supposed #sharingeconomy. Why ‘supposed’ #sharingeconomy? Because the sharing economy is driven by trust and, well, sharing. Neither of which Airbnb has at the level it once did. How do we know? […]

Read More

BMi: Lemonade + The Insurance Business Model


What could be more refreshing than fresh squeezed Lemonade? Certainly not insurance. At least not from a traditional perspective. Boring. Square. Subversive. These are but a few adjectives that come to mind to describe an industry that squeezes premiums in return for some peace-of-mind against the inevitable. Enter Lemonade.  A […]

Read More

BMi: What Analysts Get Wrong About Innovation


  This BMi post was inspired by a recent post on the Wealthfront blog titled ‘What Analysts Get Wrong About Innovation:” “In my experience, industry observers consistently make the same mistake. They evaluate innovations based on their magnitude of adoption, rather than their rate of adoption.” Many Analysts are focused on the […]

Read More

Business Model Innovation (BMi) and the #NewEraBiz


Business Model Innovation (BMi) has been a persistent topic on the Lumos blog since the beginning. BMi is about developing new ways to bring existing product and services to existing markets. One of the key advantages of BMi is that most of the innovation happens beneath the surface, making it both difficult to understand and replicate. In […]

Read More