A curriculum-integrated financial literacy solution:
[youtube]https://www.youtube.com/watch?v=eKQdnb_MU0U[/youtube]5 thoughts on “Finance For Life”
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A curriculum-integrated financial literacy solution:
[youtube]https://www.youtube.com/watch?v=eKQdnb_MU0U[/youtube]You must be logged in to post a comment.
Yes I would invest in this venture. There is a clear concept that is feasible and original with a market gap that they can fill. The team proved its capability with the already signed agreements with school districts. However their plan is not detailed enough as to who are the competitors they are facing, potential partners, how much money they need, how they will use that money, where this investment will take the company and how much and how soon the investor will be compensated.
Shaimaa, I was also intrigued by this venture as I thought it a tremendous idea with a clear need that is in fact quite timely as well. I can certainly see that there is an art to elevator pitches in terms of identifying and covering the the critical facts. You need to put in enough information so as to establish your credibility, the problem you’re solving and your solution, which this pitch does. Then you probably need to include the current status of the venture (number of customers, current successes), and what you need from investors. And that will likely take one minute. I’m finding with most of these elevator length pitches the last bit–what they’re asking for–is left out.
Yes, I would invest in this venture. The venture’s leader has a background that would support the development of an effective learning management system that provides instruction regarding finance, economics and business management. The market gap that Finance for Life claims to address exists between the business skills currently taught and those needed to navigate “today’s turbulent economic market.” The final areas of interest as a potential investor include the existing revenue stream and profitability. Finance for Life is already being used in five “major” school districts and will boast a small profit in its first year of existence.
Yes very true, in most of the pitches, there is no ask and even in the few ones where they are asking for something, they don’t explain how they will use it. I realized the challenge of trying to get everything in 1 minute, so I guess it’s enough to focus on the problem, your solution and establish your credibility as you said. The other details could be covered in the venture pitch .
Yes, I would definitely invest in this program. He clearly identifies a pain point, which is timely and necessary. I remember in health class filling out fake insurance forms and thinking what is the point, and now as an adult trying to get my head around mutual funds, GICs, RIFs, stocks etc. As an EAL teacher I wish he would market this to non-profits who teach immigrants, as many immigrants are unaware of the savings required for retirement, education, illness etc. We also get learners who have no experience with money or math, so this would be great. He also has sales- a big point in a venture, seems to have the background for running this company and developing product/curriculum. He seems aware of some of his opportunity space, though I might look at marketing to publishing enterprises and identify other avenues for growth. What makes him seem a little less desirable is that he does not state how his program is different than those offered by non – profits such as Money Mentors, who often provide such programs for free.