Earning $10,000 a month working a 20-hour week is perfect for Jade Weatherington, – via zoom from home.
Carpe Diem – make the most of your opportunities – Jade has taken this as her runway.
In 2015, Amir Nathoo founded Outschool.com with Nick Grandy and Mikhail Seregine – an online marketplace – that matches supply and demand from teachers and students.
Its been a success,
- more than 60 thousand students/ learners have attended classes on this platform,
- $100 million-plus in annual revenue,
- over 10,000 teachers,
- 10,000 live classes for three to eighteen-year-olds,
- When the pandemic struck, demand for virtual classes on Outschool grew by 2000%
- students pay an average of $18 a course,
- It’s global – the UK, U.S New Zealand, India, Canada, Australia,
Outschool.com provides an online platform that
- anyone (not every person is a qualified teacher) can upload online classes for kids,
- help parents find the best courses their kids need,
- help teachers promote and manage their courses.
Jade’s main teaching topic is the “five-paragraph essay.
- 4-week class based on the challenges kids have with writing.
- The parents want their kids to attend the class,
- Jade makes it as fun and interactive as possible – the kids want to turn up and learn more
The gap in the market
- Every student has at least one weak subject
Why Outschool is successful,
- Passion-based learning – engaging students through an innovative, fun, and supportive environment.
Investors
- Thirteen investors – $130 million in funding over five rounds.
- The latest funding was received on April 14, 2021, from a Series C round.
How does Outschool.com make money?
- 30% of the fees remain with Outschool
What marketing is successful for Outschool.com?
- Social media – Facebook, Instagram, Twitter and Pinterest,
- Hashtags – #outschool
- Posting Blogs, and videos
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If you have read this far, thank you for your attention.
It means a lot. I hope this helped you even a little bit in better making sense of this topic. If so please share it with a friend who might also benefit from it.
Thanks for reading,
David
