Business ideas in the education sector
Business In Education
A recent TechCrunch article asserts that EdTech is on its way to becoming the largest and possibly the most profitable digital industry. Indeed, education represents a huge market of 5 billion dollars per year. And many innovations are still to come. Do you want to get into the education sector? Our website can Teach you How to draw school Drawings.
Here are seven business ideas based on general and industry trends.
MOOCs and Personalized Teaching
We aimed at a large audience, have experienced explosive growth. On January 1, 2016, there were 2,500 times more MOOCs than three years earlier (455,000 MOOCs compared to 182 on January 1, 2013). These courses allow access to knowledge to the most significant number because many are free or very inexpensive. However, since they aim at the most significant digit, teachers designed them to meet what they think are the needs of the students. The demand never or very little comes from the students themselves on the large MOOCs platforms. But why not turn things around? Students could meet, discuss and group around areas of interest and then form groups interested in the same subjects of study and at a relatively equal level. Teachers and specialists could then offer them specific courses at a price adapted to demand and the skills required. Set upon a national or even global scale. Medium
Foreign Languages and Tutoring
Some students need tutoring in math, physics, or marketing. These same pupils may wish to have a good level in foreign languages and want to improve it. Why not take math lessons with an English teacher! Therefore, my business idea is at the border between tutoring and foreign language learning: a tutoring platform that lets teachers touch with international students.
The advantages for the students:
- progression in two subjects instead of one
- another learning method that may be better for them. Teachers’ learning methods vary from country to country.
In addition, tutoring by a foreign teacher can also benefit students with a good level in a subject that they would like to deepen and a lower level in languages.
New Modes of Learning and Gamification
New ways of learning and teaching are gaining recognition: project pedagogy, student-centered pedagogy, etc. At the same time, qualities such as creativity increasingly value. And gamification is a definite trend in the education sector. Therefore, there is an opportunity to develop creative workshops in schools at the intersection of these three trends. These workshops would base on creativity kits made up of open questions, without predefined answers, and objects to let everyone’s creativity and reasoning act when faced with real problems. Think “out-of-the-box.”
Peer Teaching and Gamification
You only really master a subject when you can teach it to someone. It is on this premise that my fourth business idea in education is based. The concept of a platform (online or not), learners’ level calculates their ability to transmit their knowledge to peers. In other words, in the form of a game, students become teachers and improve their scores on the platform based on feedback from people to whom they have taught a subject.
Online Course Platform and Niche Strategy
Straightforward idea but good to write all the same. As you surely know, if you are interested in the education sector, there are many online course platforms. And already excellent, well-established generalist platforms. If you want to launch yet another online course platform:
- Choose a niche strategy unless you have a revolutionary idea that sets you apart from current platforms.
- Create a course platform on a specific topic that meets the needs of a particular, large, and profitable audience.
- Make yourself known as an expert on this subject, with specialized courses, because there are already perfect general and non-in-depth courses (beginner level). You may have the chance to increase your offer later,
Analytics and e-Learning
As the number of courses available in e-learning (MOOC, SOOC, SPOC, etc.) has increased dramatically in recent years, it becomes tedious for students to find the best practices on a subject. An idea of innovation would be an application to find these courses easily, quickly, and safely. We will analyze data from online classes. Course titles, summaries, comments, grades, teachers’ and schools’ and language’s reputation, etc., would be reviewed to offer users the courses that best meet their needs. To my knowledge, no platform is exhaustive enough from this point of view.
Collaboration and Improvement of Teaching
Bill Gates emphasized that professors need feedback on their work, constructive criticism, and ideas for improvement. However, they receive too little. An innovation could take a platform for exchange between teachers from different schools, colleges, high schools, universities. Even from other countries, the most distant observers can sometimes make the comments. More constructive. On this platform, teachers would exchange advice and educational material.
Conclusion
They could also seek the opinion of their peers on their work by filming their class sessions, organizing videoconferences, or simply via a forum. For everyone to have personalized feedback, the teachers would belong to small self-help groups. There are already many teacher groups and media, but these focus on general education discussions, subject-specific discussions, and the exchange of educational material. Direct peer-to-peer feedback could be of great help to teachers.
