Reborn multinational giant

Chapter 635 College Student Online Home Teaching APP

There are now thousands of outdoor clubs in the country. Many clubs also organize activities through drainage such as Douban Tongcheng, circle of friends, public number, etc., but most of them have regional limitations and the quality of services is uneven.

Beginning to do social activities with strangers in the city in the form of an APP, not only simplifies the threshold of event blocking, but also provides sufficient social depth. Users can directly follow the social activities of interesting strangers on the platform, and participate in the same activities with him/her when they have the opportunity.

At present, young people outside Tier 1 and Tier 2 cities have strong social needs of strangers. Compared to the kind of rough stranger social, the social scenarios and methods provided at the beginning are more efficient, and the user experience is much better than simple online chat. Therefore, I am very optimistic about its market prospects. ”

After briefly introducing the market environment of the project at the beginning, Huang Siyi began to introduce its profitability model. Simply put, he charged the participating users for organizing the event.

Assuming that there are 5 users participating in a table game event, there will be a fee of 10 yuan per person to organize the event.

Of the total revenue of RMB 50 yuan, one part is for the registered leader of the platform who initiates and organizes the activities, and the other part is for the service fee and management fee of the platform.

Because most of the team leaders are almost part-time, there are no fixed labor costs, five insurance and one gold expenses, etc., so if we calculate this, we only need to scale up the business and the platform can quickly make profits.

In addition, after initially having enough users, its profit model can also explore diversification, such as VIP services, strangers' social value-added services such as flower gifts, strangers' social play, high-end activities, merchant fee promotion, etc., but these are all based on the above core business logic can be run through.

By this time, Fang Zhe also understood why Huang Siyi and many people in the Investment Department thought that this was another unicorn-grade project. Looking at the four first-tier cities in the north, the potential target users were more than 20 million, and the average weekly activity demand in these cities was more than 1 million people.

According to the average organizing fee of 20 yuan for different types of activities, the weekly revenue is more than 20 million yuan, and the monthly revenue is 80 million yuan. If you add cities such as Tier 2 and Tier 3, the monthly revenue reaches 150 million yuan.

Most importantly, Nova Scotia only provides a service platform, and most of the team leaders who organize activities are only part-time. This Nova Scotia saves a lot of labor costs. Even if technology costs, team management training fees, promotion fees and other operating expenses are set aside, in the long run, the gross profit of Nova Scotia can be maintained at more than 30%. Since then, the annual profit of Nova Scotia is as high as 600 million, enough to reach the unicorn threshold.

Of course, this is only Fang Zhe's simple estimation of the initial profit model. In fact, it should be much better than this. Like a stranger, many people in the early days did not like the unfamiliar profit model. But later, various value-added services, social play, live TV broadcasts, etc., all proved the potential of strangers' social software. Similarly, as a stranger's social software that is more efficient than a stranger, its potential is truly worth a shot!

Next, Huang Siyi introduced another college student home teaching project to Fang Zhe. By listening to the project type alone, Fang Zhe guessed a seven-seven-eighty-eight. Otherwise, following Huang Siyi's introduction, he found that the project was really similar to his own.

The name of the project is “college student online tutoring". It comes from a project group of Huizhong's company. Fang Zhe did not expect that its founder was actually his own student at Anyang Polytechnic University.

According to Huang Siyi, the student worked part-time as a tutor in Anyang during the university to subsidize living expenses. Later, he enrolled into the cloud computing branch of Huizhou in Anyang through the university. He was in the same group as the two alumni of Anyang Polytechnic University.

This student has long had the idea of becoming an online tutoring app for college students, but he has just graduated less than two years ago, he has no connections and no accumulation of resources. Therefore, he has not acted.

Exactly, the Four Innovations Competition held within the crowd gave him this opportunity. The three fellow alumni at Anyang Polytechnic University quickly joined forces, and with the help of colleagues, they quickly completed the development of the online tutoring app for college students.

Afterwards, they contacted the school teachers and learned classmates to register the APP as a tutor. On the other hand, they used the entrepreneurship fund provided by Anyang Polytechnic University to distribute leaflets and advertisements to recruit teachers and students in various primary and secondary schools in Anyang City.

In less than a month since the software they developed went live in the app store at the end of last month, more than 3,000 college teachers and more than 2,000 primary and secondary students in need of remedial classes have been registered. To date, the platform has completed more than 3,000 remedial classes orders.

Although this project is said to be the entry of the Four Innovations Competition, it was quickly entered into the list of pre-investment projects from the beginning of the focus of the Huizhong Investment Department. Unsurprisingly, the angel round investment given to it by the Huizhong will be in place in early June.

College students teach APP projects, honestly, whether it is domestic or foreign, I'm afraid there are not a few people who have thought about this project, but there are really few people who have tried to do this project, I'm afraid it is so pathetic, so it can also be seen that entrepreneurship is the most important, not how well you think, but how strong you are in implementation.

This student has long thought of doing this project. If it weren't for the opportunity and stimulation given to him by this gathering of four creative competitions, I'm afraid that over time, he might accumulate enough resources to try this project, but more likely, like most people who fantasize about this project, it's over.

The initiators and co-founders of this project came from their alma mater, Anyang Polytechnic University. Although this surprised Fang Zhe, it was no surprise.

Which university has the strongest entrepreneurial atmosphere in China today? It is not Fang Zhe's alma mater Anyang Polytechnic University.

Think of the most generous speech given by Chue as a billionaire four or five years ago at the graduation ceremony of Anyang Polytechnic University, which inspired the alumni to bravely struggle, to start a business, to realize the ideals and dreams of life.

For this reason, Fang Zhe also made a special donation to establish an entrepreneurship fund to support the entrepreneurship of alumni. Over the next few years, Fang Zhe's support for this fund has never stopped, and the alumni have not let Fang Zhe down. They have fully fulfilled their true nature of love and pursuit of ideals and dreams.

Fang Zhe's success in founding the conglomerate has made him the richest in the world, and has constantly encouraged countless students and graduating alumni of Anyang University to venture into business.

Witnessing Fang Zhe running out of the campus to start a business, Fang Zhe's former teacher Yan, now Vice President Yan said:

“Fang Zhe is like a fire star. He ignites the entrepreneurial atmosphere of our entire Anyang Polytechnic University and even all the universities in Anyang City. His success encourages everyone at ANGO to dare to start a business and struggle!"

Over the years, Anyang Polytechnic University rejuvenated its second spring since it was founded, and its fame has been directly followed by Danyan Dahuaqing and other some of the most famous universities in the country.

Every year in college entrance examinations, scholars from all over the country compete to apply to Anyang Polytechnic University, eager to pursue the steps of Senior Fang Zhe, to their path of success.