2. Executive Summary
CORE PRODUCT:
Provide a platform where Students can find Teachers
in variety of skills. Offer a secure payment method
between Students and Teachers.
FUTURE PRODUCT DIRECTIONS:
Provide a platform for Teachers to manage Students
Provide a platform where Students can follow there
progress and can rate their Teachers
Provide a platform for safe monetary transactions
between Students and Teachers
3. Fundamental Problem
Finding the perfect teacher for your
specialized learning interests is difficult.
Access to education for the working adult is
limited, as is finding Students for the qualified
Teacher
Covering a wide array of subjects and topics,
TeachMe offers a set of rated Teachers to
potential Students and potential Students to
qualified Teachers. Furthermore, it provides a
platform to develop the whole learning
experience and support the Student-Teacher
relationship
4. Product
TeachMe is a community of Teachers and
Students
TeachMe provides a support platform so
Students and Teachers can develop a
profitable learning environment for their own
specific education needs
TeachMe offers a secure Payment Platform
for educational services between Teachers
and Students
5. Team
We met through Venture Lab Technology Entrepreneurship course
and learned that we all share a vision to build a product that can
connect skilled people with ones looking & willing to pay for it. At
the same time we wanted our product to enable creating additional
income opportunities for people, who struggle to find jobs in the
current economy situation, especially in Spain, where we live.
Andrzej Danielewicz - IT Project Management
Luis Duque - Business & IT analysis
Omar Pérez - Marketing Consultant
Michael Guimet – Management Consultant for Startups
6. Business / Revenue Model
CORE PRODUCT:
Payment Services - Platform for monetary transactions between
Students and Teachers offering convenience and security in
payments
Premium Platform - Additional features for the education platform
will be charged at a fee for both Students and Teachers
FUTURE PRODUCT DIRECTIONS WE CONSIDER:
Services for Teachers - Administrative, Legal and Tax services for
Teachers
Lead Generation - Ad revenue
Qualification Fees - Fees from official qualifications o TeachMe
certifications of Teachers and Students
Platform Sales - Offer the e-learning platform to education institutions
7. Sales and Marketing Strategy
Key focus on Online
Marketing via Social Networks, Targeted email marketing,
YouTube, SEO, SEM, Bloggers partnerships, use of existing
education platforms like SkillShare
Engage locally recognized skilled individuals,
education focused meetup groups, include rare skills
Approach qualified teachers for them to use the
platform, they can bring “early adopter” students to the
platform
8. Partnerships and Distribution
Partnerships:
leading Schools, Universities, Educational centers
local subject matter experts
employment agencies
teachers associations
Distribution
web & mobile platform
9. Funding
1st phase: Minimal Viable Product &
Validation - bootstrapped, self funded
2nd phase: Product expansion - consider
external funding to support fast growth & offering
extension, seed funding
3rd phase: Product maturity - target self sufficient
funding through revenue, VC or strategic partnership
10. Risks
Only first interaction point between teachers &
students - limited returning customers
Easily replicable business concept
No barriers to entry
Only competitive advantage, first to market
Balance between open platform available for
anyone and quality of teachers skill set