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商业模式是投资的第一过滤器",[501,569,570],{},[504,571,572,573,575,576,578,579,581,582,584,585,587],{},"\"大道第一次见",[508,574,532],{},"时，曾经问过一个问题：当你看一家公司时，首先看什么？",[508,577,532],{},"说：",[526,580,53],{"href":528},"（",[508,583,514],{},"）！大道从听到这句话后大概花了10年的时间才真的理解了这句话的威力。首先看'",[526,586,53],{"href":528},"'很重要，刮到一个'谢'字时就不用再往下刮了吧。\"（2025-10-24）",[564,589,591],{"id":590},"_2-商业模式的定义赚钱的模式","2. 商业模式的定义：赚钱的模式",[501,593,594],{},[504,595,596,597,599,600,602],{},"\"顺便说一下什么叫",[508,598,514],{},"：",[508,601,514],{},"就是赚钱的模式，最后赚得越多的模式就应该越好。\"（2013-03-04）",[501,604,605],{},[504,606,607,608,610,611,613,614,617,618,620],{},"\"",[526,609,53],{"href":528},"简单讲就是公司赚钱的模式。好的",[526,612,53],{"href":528},"是有",[526,615,56],{"href":616},"\u002Fhuchenghe","的，举个极端的例子就是海关（虽然这不是通常意义的",[526,619,53],{"href":528},"）。\"（2019-03-14）",[564,622,624],{"id":623},"_3-商业模式与护城河企业文化的关系","3. 商业模式与护城河、企业文化的关系",[501,626,627],{},[504,628,607,629,631,632,634,635,637,638,640],{},[526,630,56],{"href":616},"实际上我觉得是",[508,633,514],{},"的一部分，好的",[508,636,514],{},"往往具有很宽的",[526,639,56],{"href":616},"。\"",[501,642,643],{},[504,644,645,646,648,649,652],{},"\"好的",[508,647,514],{},"往往是好的未来",[526,650,67],{"href":651},"\u002Fxianjinliu","的保障。\"",[501,654,655],{},[504,656,657,658,661,662,664],{},"\"不好的",[526,659,104],{"href":660},"\u002Fqiyewenhua","，它可能会把好的",[526,663,53],{"href":528},"毁掉。\"（2025年）",[564,666,668],{"id":667},"_4-两道过滤器商业模式-企业文化","4. 两道过滤器：商业模式 + 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