2 $1M+ EdTech Startups you can launch tomorrow

Introduction

This tutorial outlines two innovative EdTech startup ideas discussed by Sarah Lacy and Greg Isenberg. Each idea targets a specific market need and offers actionable insights for aspiring entrepreneurs. The focus will be on practical steps to launch these startups, networking strategies, and lessons learned from successful figures like Mark Zuckerberg.

Step 1: Launch a Pre-MBA Entrepreneurship Program for Tween Girls

Why This Idea is Valuable

• Addresses the confidence drop many girls experience during adolescence.
• Teaches essential skills such as negotiation, self-worth, and ideation.
• Aims to foster female leadership through practical education.

Key Features

• Develop an online curriculum tailored for schools.
• Incorporate real-world challenges by partnering with local businesses.
• Emphasize digital marketing techniques rather than outdated sales methods.

Monetization Strategy

• Sell the program to both public and private schools.
• Seek sponsorships from major brands (e.g., Nike).

Pro Tip

• Leverage storytelling to attract sponsors. For example, a compelling story can significantly enhance engagement and funding opportunities.

Step 2: Create AI-Powered Author Coaching Bots

Identifying the Problem

Many readers buy self-help books but find it challenging to implement the lessons long-term.

Proposed Solution

Develop AI avatars of popular authors to provide personalized coaching. The AI would:

• Send daily prompts to encourage the application of book concepts.
• Offer reminders and check-ins to keep users accountable.
• Mimic the voice and appearance of the author for a more engaging experience.

Target Authors

Consider partnering with well-known authors such as:

• James Clear (Atomic Habits)
• Adam Grant
• Brené Brown

Business Model

• Collaborate with publishers to promote books.
• Drive pre-orders to achieve bestseller status (10,000 copies for NYT).
• Provide exclusive content to early adopters to boost engagement.

Step 3: Emphasize Networking and Storytelling

Importance of Networking

• Cultivate relationships that can support your startup journey.
• Focus on both who you know and how effectively you pitch your ideas.

Lessons from Mark Zuckerberg

• Embrace extreme humility and self-awareness.
• Recognize your limitations and actively seek knowledge.

Key Takeaway

Networking combined with effective storytelling can significantly enhance your startup's chances of success.

Conclusion

The EdTech startup landscape offers exciting opportunities for those willing to innovate. By launching a Pre-MBA Entrepreneurship program for Tween girls or developing AI-powered author coaching bots, you can address real needs in the market. Additionally, mastering networking skills and storytelling can greatly increase your chances of success. Consider these next steps to bring your ideas to life and explore other startup ideas by visiting Greg Isenberg's website for more resources.