Ending Soon! Save 33% on All Access

Why You Need to Keep Updating Your Business Model Market conditions change, and you need to be ready to adapt.

By BizCast

Opinions expressed by Entrepreneur contributors are their own.

As someone who led a number of technology ventures early in his career, few people know how to adapt and meet the changing needs of the market better than Dave Kauppi, president of MidMarket Capital, Inc. MidMarket Capital is an investment banking firm focused on providing strategic advice and transaction services to owners of middle-market companies. When Kauppi sees an issue his business is facing, he does not hesitate to implement a solution and continually revamp his business model until the problem is solved. Why does Kauppi say you should never be afraid to replace your business model? Click play to find out.

Behind every great company is a great story. BizCast casts a positive light on today’s innovative middle market businesses – uncovering the spark that makes these companies special. 

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

More from BizCast

Recruiting Top Talent and Taking Emotions Out of Important Situations

How a Set of Strong Company Values Drives Capriotti's Sandwich Shop

Building a Framework of Success for Women Entrepreneurs

Social Media

How To Start a Youtube Channel: Step-by-Step Guide

YouTube can be a valuable way to grow your audience. If you're ready to create content, read more about starting a business YouTube Channel.

Growing a Business

Want to Expand Your Market Overseas? Here's Everything You Need to Know About Global Logistics in 2024

With rising geopolitical tensions and changing market conditions it can be hard for businesses to navigate supply chain logistics even in a post-pandemic world. Here are three tips from the CEO of an international customs brokerage.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

Elvis Presley's Granddaughter Fights Graceland Foreclosure, Calls Paperwork 'Forgeries'

The 13.8-acre estate was scheduled to be sold in a public foreclosure auction on Thursday. Presley's granddaughter and heir, Riley Keough, is fighting to save Graceland in court.

Business News

Kickstarter Is Opening Up Its Platform to Creators and Making Big Changes to Its Model — Here's What's New

The company noted it is moving beyond traditional crowdfunding and making it easier for businesses to raise more money.

Business News

Target Is Lowering Prices on Thousands of Items — Here's Where You Can Expect to Save

The news was announced ahead of Target's Q1 2024 earnings call, expected to occur Wednesday at 10 a.m. EST.