What are your views on a small edtech product that can help/tutor students for SAT and ACT's. I know a ton of these already exist but don't think why I can't launch a similar service and generate a decent revenue.
I am not looking at a massive valuation but I think this can grow into a neat little business that generates enough to sustain me. (Say about 20-30k USD). Lemme know your thoughts if you don't think this will workout
PS:- Currently in a tier-1 engineering college CSE
You need to identify your differentiating factor. Otherwise it would just be another product out there. Try to talk to parents/students and get an understanding of what is that untapped area.
Saying this out of experience, having worked at EdTech for 5 years now.
Cool, thanks feedback tacken But also why can't I launch what's available with a good enough teacher and still get around 100ish people to sign up. Even if they pay me 50$, that's still a good business no?
The reason is “why”. What is stopping the teacher from starting something on their own if they are the key factor that’s pulling the crowd. Unless you have a feature that makes your offering unique, it will not be possible to sustain the business for long.
What are your views on a small edtech product that can help/tutor students for SAT and ACT's. I know a ton of these already exist but don't think why I can't launch a similar service and generate a decent revenue.
I am not looking at a...
Let's say you want to start a start up like a scalar academy.
How would you go about it? Will you do marketing first to bring in customers or register as a company? Start hiring people or spend on ads?
Just curious to know how people s...
As the title says. Have worked close to 10 years now in this industry. Can answer on how sales, marketing and operations work here. Never had visibility on funding etc but have seen the ill effects of toxic VC money
my frd is planning to start an edutech startup, yh I know eduTech is severely down, despite education system and how we learn needs a Big change and innovation for better india.
so I request all to suggest idea, thoughts around this. th...