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As some one interested in the space - I definitely feel providing tools to parents for home after schooling is a much, much larger total addressable market size
by somethoughts 4y ago
As some one interested in the space - I definitely feel providing tools to parents for home after schooling is a much, much larger total addressable market size and likely more profitable.
The average after school math tutor probably nets $90-$120 per hour, where the average school teacher probably nets $50 per hour.
- troupe 4y agoIf you are willing to do stuff online, the cost for a math tutor is only a fraction of what you described.
- somethoughts 4y agoThe real shame is that the material is all essentially free. The challenge as with all MOOCs and online (and offline) educational material is that its not fun and its hard to stay motivated. And this is true doubly so for kids. It'd be interesting to what extent the fees that normally would be spend on tutoring expenses could be spent on prizes or some other reward - without cheapening the experience (i.e. taking away their intrinsic love for learning by making it transactional and based on extrinsic rewards, etc.).
- troupe 4y agoThere have been some experiments of just giving kids cash for getting good grades in public schools. Motivating your children to do things that are good for them in the long run (brushing their teeth, not hitting other people, etc.) is very much in the wheel house of parenting.