Date post: | 13-Jan-2015 |
Category: |
Business |
Upload: | ferdinand-kjaerulff |
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UNIVERSAL ACCESS TO PAID EDUCATION
”KIWA FOR EDUCATION”
An unskilled worker A skilled programmer
Earns 80 USD month Earns 800 USD month
A POTENTIAL10X INCREASE IN SALARY ASRETURN ON INVESTMENT IN EDUCATION
The Opportunity
VS
WHAT IS MISSING?
We already have online educational institutions
We already have available online labor markets
But what about institutions that invest in education?
A MODEL FOR PAID EDUCATION
Internet Cafes
ONLINE EDUCATION TRAINING TASKS
Development company
- Physical host - Paying students
- Online training material- Control and examins
- Real world training tasks- First Source of Revenue
- Offers development services- Second Source of Revenue
Value proposition to students
Get paid 100 USD/month to learn programming
Avoid student loans
Dont waste your time on irelevant education
Test your skills with real world jobs
Get qualified for existing jobs
Value proposition to companies
Invest in a class of 10 coders for one year to meet your future demand for talented coders ready to work for you
Get access to a cost efficient workforce Scale development faster and efficiently Get specialized coders for your business
UNIT ECONOMICS
4 month of basic training/tutorials etc• Student salary: 60 USD/month x 4 = 240 USD • Hosting/admin: 20 USD/month x 4 = 80 USD• Teacher salary: 20 USD/month x 4 = 80 USD---------------------------------------------• Total cost = 400 USD per student
4 month of “on-the-job-training” - freelance work• Student salary: 60 USD/month x 4 =. 240 USD • Hosting/admin: 20 USD/month x 4 = 80 USD• Coaching salary: 20 USD/month x 4 = 80 USD---------------------------------------------• Total cost = 400 USD per student• Revenue from 4 month of work = 800 USD per student
4 month of internship in a professional team: • Student salary: 300 USD/month x 4 =. 1200 USD • Hosting/admin: 20 USD/month x 4 = 80 USD• Coaching salary: 20 USD/month x 4 =. 80 USD• ---------------------------------------------• Total cost = 1.360 USD per student• Revenue from 4 month of work = 2.000 USD per student-----------------------------------------------------------------------------------------------Total profit per student = 640 USD per student
Market potential
10.000 x 640 USD = 6.400.000 USD/YEAR
Potential
students
Profit/
Student/year
Market
potential
CloudAcademy expect to support the education of 10.000 students within thre years of operation
Team
• Marketing budget• Project manager• Student• Design• Developers
• Monthly cost
1.000 USD5.000 USD 1.000 USD1.000 USD5.000 USD
13.000 USD
CAPITALNEED
130.000 USD in Seed Funding for 10 month Runway
Version 1.0 4 cafees100 students
Version 2.0 10 cafees1.000 students
Version 3.0 100 cafees 2.000 students
Version 4.0 200 cafees10.000 students
+ 6 + 12 + 24 + 36