In my final assignment, I present a business venture that combine MOOCs, personalized learning with Business training. BizSchool, is a mobile app that helps entrepreneurs to sharpen their business skills while commit to their own companies. You will find the business venture’s elevator pitch and detailed venture pitch below.
Venture Pitch: http://etecassignment3yuandi.weebly.com/
This venture idea does have one competitive edge in its business model, a personalized business training that is also mobile. In current business training market, not a single player can provide high flexibility and personalized courses at the same time. In addition, by providing services via mobile application, BizSchool can also relieve small business owners and entrepreneurs from physical commitments to business training classes. In conclusion, BizSchool’s model is specifically constructed to meet busy businesspersons’ schedules and learning needs.
Though, there are some downsides in this concept. First of all, the application might not be able to compete with big players in generating content. For example, Udemy has over 40,000 courses that covers on almost all aspects of business world. Therefore, it might be hard for BizSchool to generate that much content in a very short period of time. Second of all, BizSchool might not be able to provide guidance to learners when they have trouble in meeting learning goals. As much as the application can customize its courses to learner’s needs, it might not provide guidance as a real teacher does when students cannot achieve their goals. Students are in charge of their own learning with no supervision.