2 $1M+ EdTech Startups you can launch tomorrow

30 snips

Oct 23, 2024

In this discussion, Sarah Lacy, Co-Founder of The Best Book Store, shares her insights on launching impactful EdTech startups. She proposes a Pre-MBA program for tween girls to build confidence and leads a conversation about AI-powered author coaching bots, designed to help readers apply lessons from self-help books. Sarah emphasizes the imperative roles of networking and storytelling, drawing lessons from Mark Zuckerberg's approach. Her strategies highlight the importance of creativity and authentic connections in entrepreneurship.

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ADVICE

Pre-MBA for Tween Girls

Create pre-MBA entrepreneurship programs for tween girls, boosting their confidence before adolescence.
This addresses the confidence drop girls experience during puberty, impacting future female leadership.

INSIGHT

Modernizing Sales for Kids

Traditional door-to-door sales are outdated for kids in 2024 due to safety concerns and societal shifts.
Encourage digital marketing skills through online campaigns, video pitches, and e-commerce platforms.

ADVICE

Network and Storytell

Networking and storytelling are crucial for career success, particularly in entrepreneurship.
Build genuine relationships without specific agendas and leverage the power of narrative to persuade and connect.

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Join me as I chat with Sarah Lacy, Co-Founder of The Best Book Store , as we discuss a variety of EdTech startup ideas. Sarah also shares her the lessons she learned from studying Mark Zuckerberg and her advice for networking and storytelling

Episode Timestamps:
00:00 Intro
01:46 Startup Idea 1: Pre-MBA Entrepreneurship Program for Tween Girls
23:53 Networking and Storytelling as Key Skills
31:13 Lessons Learned from Mark Zuckerberg
36:33 Startup Idea 2: AI-Powered Author Coaching Bots

1) Startup Idea 1: Pre-MBA Entrepreneurship Program for Tween Girls
Why it's HOT:
• Tackles confidence drop in adolescence
• Teaches negotiation, self-worth, ideation
• Potential to transform female leadership

Key features:
• Online curriculum for schools
• Real-world challenges with local businesses
• Focus on digital marketing, not outdated door-to-door sales

Monetization strategy:
• Sell to schools (public & private)
• Sponsorships from big brands (Nike, anyone?)
Pro tip: Use storytelling to sell to sponsors. Remember the water charity campaign? ONE story can lead to big numbers.

2) Startup Idea 2: AI-Powered Author Coaching Bots
Problem: People buy self-help books but struggle to apply the lessons long-term.

Solution: Daily prompts & coaching from an AI avatar of the author!

How it works:
• Personalized daily check-ins
• Reminders to apply book concepts
• Voice & look of the actual author

Potential authors to target:
• James Clear (Atomic Habits)
• Adam Grant
• Brené Brown

Business model:
• Partner with publishers
• Drive book pre-orders (10k = NYT Bestseller!)
• Offer exclusive access to early adopters

3) Zuckerberg Insight 👀

What made young Zuck unique? EXTREME HUMILITY + self-awareness.

"He knows when he doesn't know something, and he doesn't just go in to learn it. He gives himself... a position of extreme humility." - Sarah Lacy

4) Key takeaway: NETWORK + STORYTELLING = Startup success

Remember: It's not just WHO you know, but HOW you pitch your idea!

Want more free ideas? I collect the best ideas from the pod and give them to you for free in a database. Most of them cost $0 to start (my fav)

Get access: https://www.gregisenberg.com/30startupideas

Work with me and my team: LCA — world’s best product design firm to build apps, websites and brands people love. https://latecheckout.agency

BoringAds — ads agency that will build you profitable ad campaigns http://boringads.com/

BoringMarketing — SEO agency and tools to get your organic customers http://boringmarketing.com/

Community Empire - a membership for builders who want to build cash-flowing businesses http://communityempire.co/

FIND ME ON SOCIAL
X/Twitter: https://twitter.com/gregisenberg
Instagram: https://instagram.com/gregisenberg/
LinkedIn: https://www.linkedin.com/in/gisenberg/

FIND SARAH ON SOCIAL
X/Twitter: https://x.com/sarahcuda
LinkedIn: https://www.linkedin.com/in/sarahcuda/
The Best Book Store: https://bestbookstore.com/