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💡 $100k+ no-code startup idea: Learning Marketplaces

Welcome to issue #2 of No-Code Startup Ideas. This week’s idea: Learning Marketplaces. Read on to find out why this is such a massive opportunity, how to build it with zero code, and how to get your first 10 customers.

I’ve been blown away by the response to this lil newsletter. This time last week there were maybe 2 subscribers, and now we’re up past 60. Thanks for making me a part of your startup journey! 🙏

👉 Read the full issue here for the step-by-step on how to build this with no code and get your first 10 customers 👉

After bootstrapping my first company (a software recruitment platform) to $20K+ per month using no-code tools, I started having way too many no-code startup ideas to ever pursue myself.

So each week, I send out a deeply researched business plan for a validated, profitable startup that you can start with no coding and very little money.

My goal: To help you start a bootstrapped business that pays $10K+ per month and lets you live the life you want. 🚀

The Opportunity: Learning Marketplaces

You might think “online courses” has been done, and you’d be right. With Coursera, Udemy, and others, online courses are saturated. However, there are a few adjacent, niche markets that are significantly underserved:

  • One-to-one tutoring or coaching in a niche
  • Local in-person courses
  • Cohort-based online courses

Why Now

Many schools are still closed. Extracurricular activities are canceled or severely limited, and kids have been stuck inside for months. That’s why one of the most promising niches right now is local in-person courses for kids.

Enterprising teachers are already hacking these together, recruiting through their networks and using spreadsheets or worse, physical paper. They’d gladly give someone a cut of their revenue to make it easier.

Plus, adults stuck at home are looking for stimulation too. Many will pay to learn new skills, whether it’s a dance class, chess tutor, or minimalist entrepreneurship course.

With lockdowns ending, now is an unprecedented opportunity to help people rediscover their communities while building hobbies and skills.

The Upside

I think it’s very realistic to hit $100k/year in revenue in the first year. Once you have momentum teachers will likely refer each other, accelerating growth.

And that first $100K will likely be the hardest. Growth from there should come more quickly, and you could hit $1 million/year in revenue within year 2.

👉 Read the full issue here for the step-by-step on how to build this with no code and get your first 10 customers 👉

Plus... I've found your first customer for you! Read to the end to get the intro and @ me if you're gonna build this!

  1. 2

    This definitely has value. I think 1:1 can be more focused on Sales Managers.

    1. 1

      An awesome vertical. Would love if someone tried it!

      1. 2

        I have, the problem is working with companies, the decision making process is too long and there are too many decision makers + there is an ego angle of connecting sales managers with sales leaders. But, still a lot to learn.

        1. 1

          You can turn the ego angle to your advantage - everyone likes to be recognized as an expert!

  2. 2

    Great write up @Christpetron

    If anyone that has experience with React Native and video capture/upload/playback wants to help build this with me hit me up on my profile. Preferable if you’re in the US and east coast region.

    1. 1

      thanks, awesome! 🙌

  3. 2

    Thanks @Christpetron The thing is I don't how to start. I'm good at writing. Can you suggest some types of courses I should create and provide learners?

    1. 1

      Hi Suzie! You could 1) create the courses yourself or 2) get other instructors to come on your platform to give them. #2 is potentially a better option because they could bring their own students to your platform.

      What about a platform focused on learning copywriting? Find the best copywriters you know (who may or may not have their own course already) and ask them to do a course on your platform. See what they say. What do you think?

  4. 2

    To offer further validation, the cohort-based course category is starting to see significant VC investment and entrants by veteran players.

    1. Shopify for cohort-based courses raised $1.9m
    2. Udemy and altMBA co-founders return to edtech with a new, stealthy business

    There is money to be made here.

    1. 1

      Definitely, thanks for the shares!

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