Khan Academy V.S. the $1 Trillion Opportunity

In the commercial world we are living in now, earning and maximizing profits for its own business is undoubtedly the primary goal of many entrepreneurs. If there was a chance to make $1 trillion dollars, it is logical that the majority would take it with no hesitation. However, Salman Khan, the founder of Khan Academy, has let such an opportunity slip away.

Khan on Forbes

Khan on Forbes

Khan Academy is an educational organization created in 2006 and it produces lectures in the form of online videos. Salman Khan, an intelligent man who earned three degrees from the well-known university Massachusetts Institute of Technology, posted his first lesson on YouTube and had his first viewers nine years ago. Now his few viewers turned to thousands a month; it is estimated that he now has ten million students worldwide. Khan’s special teaching methodology and his non traditional way of introducing concepts are an immense strength of Khan Academy. Khan’s engaging videos have attracted numerous viewers and many companies such as Google saw it as a tremendous opportunity to make fat profits. However, Khan rejected their offers as to make Khan Academy a profitable website.

“I could have started a for-profit, venture-backed business that has a good spirit” says Khan, yet he boasts the mission of making Khan Academy “a free world-class education for anyone anywhere”. Khan’s act is tremendously impressive; his organization, Khan Academy, has clearly showed people the meaning of “ethics” and “morals”.

Many children benefit from Khan's videos

Many children benefit from Khan’s videos

Reference:

http://www.intelligenthq.com/education/education-disruptor-and-startup-khan-academy/

http://www.forbes.com/sites/michaelnoer/2012/11/02/one-man-one-computer-10-million-students-how-khan-academy-is-reinventing-education/

http://newsroom.haas.berkeley.edu/article/salman-khan-founder-world’s-largest-online-school-speak-march-6

 

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