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Join me, Nik (https://x.com/CoFoundersNik), as I interview Hector (https://x.com/ts_secrets). Hector reveals how he accidentally stumbled upon a little-known government grant and used it to build a multi-million dollar online trade school.
He teaches trades like HVAC, plumbing, and medical billing completely online, sometimes using VR goggles. He shares how the government pays him directly, up to $10,000 per student, for courses that are only 80-100 hours long.
We get into the nitty-gritty of how he finds students for free by partnering with nonprofits and sober living homes, achieving SAS-like margins without any traditional marketing.
Questions This Episode Answers:
How can you get the government to pay you $10,000 per student?
How do you start an online school with almost no startup costs?
What is the "secret" to getting unlimited students for free?
How do you automate a business to the point you only work two hours a day?
What is the WIOA grant and how does it work for entrepreneurs?
Enjoy the conversation!
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This week we covered:
00:00 Introduction to the Online Trade School Model
03:07 Understanding the Grant System and Its Impact
05:56 The Evolution of the Business Model
08:51 Customer Acquisition Strategies
11:48 Curriculum Development and Accreditation
15:02 Operational Insights and Business Growth
17:55 Challenges and Future Aspirations
