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Presentation prepared by the eTutoring Team




               May 19, 2012                   1
2




‱ Via a user-friendly web-portal, if some of the world’s
  best teachers offer sometime to teach those who
  cannot afford, a global wellbeing will accelerate through
  knowledge exchange . Even for those students who can
  afford, better choices and greater flexibility in acquiring
  desired knowledge will augment global knowledge base.

‱ Needs based pairing of
  teachers, students, subjects, grade/level, timings and
  cost of engagement for all eager-to-learn students and
  willing tutors in a global setting on one-to-one and one-
  to-many scenarios will help facilitate
  education, training, economy and welfare of the world
  at large.
3




             Market Size Based on Internet Users and Ready to Pay Users
             World Population 6,840,507,003 Ref World bank, 2011
                 Internet users 2,279,709,629 Internet users Worlds Stats' data March 2012
       Willing to learn or teach   387,550,637   17% of above sample population*
         Willing to pay to learn   11,626,519    3%   of above*
    Minimum payment per year       $23,253,038   $2   Minimum to pay/month*
Making study more conservative     $2,325,304    10% of above - conservative scale down
  Annual Turnover Conservative     $27,903,646   12   Yearly projection
              Year 2 projection    $30,694,010   10% Growth increase over first year revenue


       o About 1/3rd of the World Population uses internet.
       o About 0.05% of the internet users are like to be users of the portal
4




o Students by and large indicated that they would be willing to learn online

o Best teachers will be in demand and are likely to get greater market share

o Both Tutors and Students anticipate beneficial returns from the portal

o Rating of Tutors by the Students was regarded as a positive feature

o Hesitation to switch to a new technology medium was observed in some
  Tutors and few Students (statistically insignificant)

o Tutors as well as Students appreciated Matching/Pairing of local
  Students/Tutors for conventional tutoring classes
5




o Multiple sites offer tutoring lessons – all have limited tutors and students

o Few sites are targeted at niche market segments only

o No site on the web offers a global pooling, matching and pairing option
  for Students and Tutors for all subjects and topics taught at varied timings and
  geographically dispersed locations

o No site offers an LMS and collaborative tool along with all essential training
  tools, including LMS (Learning and Management System) and a user friendly
  collaborative tool for live lessons

o Integration of proprietary and open source were used by our team to test and
  validate the system feasibility and operational capability
6




o There is a definite identified Need for the envisaged portal

o The venture will benefit Students and Tutors alike

o The volumes are likely to be high as internet usage continues to grow

o Research portends financial viability

o The concept is unique and is not being used anywhere yet

o The project has the potential to be a disruptive technology that may
  dramatically change the way people teach and learn.
7




The Required Resources:

   o Personnel

   o Technology

   o Testing

   o Debugging

   o Limited Marketing
8




o Finances to develop an operational and functional portal from the existing
  prototype. Specifically, the automated feature of matching/pairing the variables
  from the database needs a competent team of IT professionals.

o An estimated time of dedicated 3-4 months of development and testing.

o This is recommended to be conducted in a controlled environment to monitor and
  debug the system for operational hiccups. Another 3 months estimated for this.

o Estimated team members dedicated to the project: One Lead, three technical,
  one marketing, one administration and multitasking.

o Estimated funds required for 6-7 months (local development)
                                      $24K x 6.5 = $156K (all inclusive)
9




o The major risk is that if someone emulates the same model and
  launches it before we do
 we are cooked.

o Since we have already developed a prototype and have already
  tested it, it would be almost impossible for someone to develop it
  from a scratch in a limited time of 6 months and launch it too.

o Secretly guarding the concept and codes during the initial
  development and pre-marketing period is considered quintessential
  to success.

o The rewards will be phenomenal for the entire team. Open to
  discussions and negotiations on sharing equity. Confidentiality, NDA
  and professional reliability is assured.
10




o Near Term (up to 7 months): Funding and Human Resource.
  Quality Human Resource will be acquired locally. Funding will be
  required.

o Mid Term (up to 12 months): More funding contingent on results
  achieved in the near term. Primary funding will be for expansion and
  may need up to $20 million for mass scale launch so as to prevent
  and preclude competition, ensuring barriers to entry.

o Long Term: Continued sustainability and continual improvement and
  innovation while retaining Customer focus is important.

o The probability of success and scale of operation will attract
  competition. Therefore, strategic measures to retain leading position
  is paramount.
11

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E tutoring interim-cost

  • 1. Presentation prepared by the eTutoring Team May 19, 2012 1
  • 2. 2 ‱ Via a user-friendly web-portal, if some of the world’s best teachers offer sometime to teach those who cannot afford, a global wellbeing will accelerate through knowledge exchange . Even for those students who can afford, better choices and greater flexibility in acquiring desired knowledge will augment global knowledge base. ‱ Needs based pairing of teachers, students, subjects, grade/level, timings and cost of engagement for all eager-to-learn students and willing tutors in a global setting on one-to-one and one- to-many scenarios will help facilitate education, training, economy and welfare of the world at large.
  • 3. 3 Market Size Based on Internet Users and Ready to Pay Users World Population 6,840,507,003 Ref World bank, 2011 Internet users 2,279,709,629 Internet users Worlds Stats' data March 2012 Willing to learn or teach 387,550,637 17% of above sample population* Willing to pay to learn 11,626,519 3% of above* Minimum payment per year $23,253,038 $2 Minimum to pay/month* Making study more conservative $2,325,304 10% of above - conservative scale down Annual Turnover Conservative $27,903,646 12 Yearly projection Year 2 projection $30,694,010 10% Growth increase over first year revenue o About 1/3rd of the World Population uses internet. o About 0.05% of the internet users are like to be users of the portal
  • 4. 4 o Students by and large indicated that they would be willing to learn online o Best teachers will be in demand and are likely to get greater market share o Both Tutors and Students anticipate beneficial returns from the portal o Rating of Tutors by the Students was regarded as a positive feature o Hesitation to switch to a new technology medium was observed in some Tutors and few Students (statistically insignificant) o Tutors as well as Students appreciated Matching/Pairing of local Students/Tutors for conventional tutoring classes
  • 5. 5 o Multiple sites offer tutoring lessons – all have limited tutors and students o Few sites are targeted at niche market segments only o No site on the web offers a global pooling, matching and pairing option for Students and Tutors for all subjects and topics taught at varied timings and geographically dispersed locations o No site offers an LMS and collaborative tool along with all essential training tools, including LMS (Learning and Management System) and a user friendly collaborative tool for live lessons o Integration of proprietary and open source were used by our team to test and validate the system feasibility and operational capability
  • 6. 6 o There is a definite identified Need for the envisaged portal o The venture will benefit Students and Tutors alike o The volumes are likely to be high as internet usage continues to grow o Research portends financial viability o The concept is unique and is not being used anywhere yet o The project has the potential to be a disruptive technology that may dramatically change the way people teach and learn.
  • 7. 7 The Required Resources: o Personnel o Technology o Testing o Debugging o Limited Marketing
  • 8. 8 o Finances to develop an operational and functional portal from the existing prototype. Specifically, the automated feature of matching/pairing the variables from the database needs a competent team of IT professionals. o An estimated time of dedicated 3-4 months of development and testing. o This is recommended to be conducted in a controlled environment to monitor and debug the system for operational hiccups. Another 3 months estimated for this. o Estimated team members dedicated to the project: One Lead, three technical, one marketing, one administration and multitasking. o Estimated funds required for 6-7 months (local development) $24K x 6.5 = $156K (all inclusive)
  • 9. 9 o The major risk is that if someone emulates the same model and launches it before we do
 we are cooked. o Since we have already developed a prototype and have already tested it, it would be almost impossible for someone to develop it from a scratch in a limited time of 6 months and launch it too. o Secretly guarding the concept and codes during the initial development and pre-marketing period is considered quintessential to success. o The rewards will be phenomenal for the entire team. Open to discussions and negotiations on sharing equity. Confidentiality, NDA and professional reliability is assured.
  • 10. 10 o Near Term (up to 7 months): Funding and Human Resource. Quality Human Resource will be acquired locally. Funding will be required. o Mid Term (up to 12 months): More funding contingent on results achieved in the near term. Primary funding will be for expansion and may need up to $20 million for mass scale launch so as to prevent and preclude competition, ensuring barriers to entry. o Long Term: Continued sustainability and continual improvement and innovation while retaining Customer focus is important. o The probability of success and scale of operation will attract competition. Therefore, strategic measures to retain leading position is paramount.
  • 11. 11